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853890 (Harmonized System 1992 for 6-digit)

2022
World Trade $37.2BRnk 80 / 4648
2022
Top Exporter | Top Importer $5.95B | $4.44BGermany | United States
2022
Product Complexity 0.83Rnk 1056 / 4653
2021 - 2022
Export Growth (CAGR) 3.87%Rnk 2393 / 4648
2022
Share of World Trade 0.16%Rnk 80 / 4648

About

Overview This page contains the latest trade data of Parts, electric switches, protectors & connectors nes. In 2022, Parts, electric switches, protectors & connectors nes were the world's 80th most traded product, with a total trade of $37.2B. Between 2021 and 2022 the exports of Parts, electric switches, protectors & connectors nes grew by 3.87%, from $35.8B to $37.2B. Trade in Parts, electric switches, protectors & connectors nes represent 0.16% of total world trade.

Parts, electric switches, protectors & connectors nes are a part of Electrical Power Accessories.

Exports In 2022 the top exporters of Parts, electric switches, protectors & connectors nes  were Germany ($5.95B), China ($5.93B), United States ($4.74B), Japan ($2.77B), and Mexico ($1.7B).

Imports In 2022 the top importers of Parts, electric switches, protectors & connectors nes were United States ($4.44B), Mexico ($4.07B), China ($3.85B), Germany ($2.9B), and Italy ($1.24B).

Ranking Parts, electric switches, protectors & connectors nes ranks 1056th in the Product Complexity Index (PCI).

Description Parts: The stator is the central component of the electric motor. The stator is made up of coils of wire wound around an iron core. The rotor is the spinning armature that is the outside, spinning part of the motor. It has a series of permanent magnets on its outside surface. The armature and the stator are held together by the frame. The rotor and the stator are separated by the air gap. Electric switches: The switch is a component used to control the flow of electric current. There are two common types of switches; the on-off

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts, electric switches, protectors & connectors nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$5.95B
Top Destination (2022)United States$4.44B

In 2022 Parts, electric switches, protectors & connectors nes were the world's 80th most traded product (out of 4,648).

In 2022, the top exporters of Parts, electric switches, protectors & connectors nes were Germany ($5.95B), China ($5.93B), United States ($4.74B), Japan ($2.77B), and Mexico ($1.7B).

In 2022, the top importers of Parts, electric switches, protectors & connectors nes were United States ($4.44B), Mexico ($4.07B), China ($3.85B), Germany ($2.9B), and Italy ($1.24B).

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Exporters of Parts, electric switches, protectors & connectors nes (2022)
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Importers of Parts, electric switches, protectors & connectors nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$534M
Top Destination Growth (2021 -  2022)Mexico$578M

Between 2021 and 2022, the exports of Parts, electric switches, protectors & connectors nes grew the fastest in United States ($534M), China ($341M), Mexico ($187M), India ($151M), and Malaysia ($142M).

Between 2021 and 2022, the fastest growing importers of Parts, electric switches, protectors & connectors nes were Mexico ($578M), United States ($521M), Germany ($165M), India ($137M), and France ($93.4M).

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Exporters of Parts, electric switches, protectors & connectors nes (2021 - 2022)

Importers of Parts, electric switches, protectors & connectors nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts, electric switches, protectors & connectors nes.

In 2022, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Parts, electric switches, protectors & connectors nes are explained by 20 countries.

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Value of Exports in Parts, electric switches, protectors & connectors nes

Net Trade

TOP NET EXPORTER (2022)Germany$3.06B
TOP NET IMPORTER (2022)Mexico$2.37B

This map shows which countries export or import more of Parts, electric switches, protectors & connectors nes. Each country is colored based on the difference in exports and imports of Parts, electric switches, protectors & connectors nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts, electric switches, protectors & connectors nes were Germany ($3.06B), China ($2.08B), Japan ($2B), South Korea ($575M), and Austria ($344M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts, electric switches, protectors & connectors nes were Mexico ($2.37B), Hong Kong ($842M), Vietnam ($544M), Philippines ($332M), and Canada ($266M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts, electric switches, protectors & connectors nes.
It is possible to select the main countries that export or import Parts, electric switches, protectors & connectors nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts, electric switches, protectors & connectors nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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