Sign In
Pricing

850490 (Harmonized System 1992 for 6-digit)

2022
World Trade $13.1BRnk 282 / 4648
2022
Top Exporter | Top Importer $4.51B | $1.98BChina | United States
2022
Product Complexity 0.61Rnk 1447 / 4653
2021 - 2022
Export Growth (CAGR) 10.5%Rnk 1549 / 4648
2022
Share of World Trade 0.055%Rnk 282 / 4648

About

Overview This page contains the latest trade data of Parts of electrical transformers and inductors. In 2022, Parts of electrical transformers and inductors were the world's 282nd most traded product, with a total trade of $13.1B. Between 2021 and 2022 the exports of Parts of electrical transformers and inductors grew by 10.5%, from $11.9B to $13.1B. Trade in Parts of electrical transformers and inductors represent 0.055% of total world trade.

Parts of electrical transformers and inductors are a part of Electrical Transformers.

Exports In 2022 the top exporters of Parts of electrical transformers and inductors  were China ($4.51B), Germany ($1.02B), United States ($625M), Japan ($529M), and Italy ($506M).

Imports In 2022 the top importers of Parts of electrical transformers and inductors were United States ($1.98B), Germany ($1.07B), China ($1.06B), Hong Kong ($845M), and India ($538M).

Ranking Parts of electrical transformers and inductors ranks 1447th in the Product Complexity Index (PCI).

Description An electrical transformer is an electrical device that transfers electrical energy from one circuit to another through inductively coupled coils, usually via electromagnetic induction. Transformers range from a few kilovolts up to around 500 kilovolts, and are used in electrical power distribution systems to convert alternating current (AC) from a power plant into low-voltage, direct current (DC) for distribution to end-users. Transformers may be used in both AC and DC circuits. An inductor is an electrical component that stores electric energy in a magnetic field when electric current is passing through it. It is

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts of electrical transformers and inductors. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)China$4.51B
Top Destination (2022)United States$1.98B

In 2022 Parts of electrical transformers and inductors were the world's 282nd most traded product (out of 4,648).

In 2022, the top exporters of Parts of electrical transformers and inductors were China ($4.51B), Germany ($1.02B), United States ($625M), Japan ($529M), and Italy ($506M).

In 2022, the top importers of Parts of electrical transformers and inductors were United States ($1.98B), Germany ($1.07B), China ($1.06B), Hong Kong ($845M), and India ($538M).

Explore Visualizations

Exporters of Parts of electrical transformers and inductors (2022)
[Click to Select a Country]

Importers of Parts of electrical transformers and inductors (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$230M
Top Destination Growth (2021 -  2022)United States$331M

Between 2021 and 2022, the exports of Parts of electrical transformers and inductors grew the fastest in China ($230M), United States ($138M), India ($125M), Mexico ($103M), and Turkey ($97.6M).

Between 2021 and 2022, the fastest growing importers of Parts of electrical transformers and inductors were United States ($331M), Mexico ($151M), Thailand ($92.3M), Kuwait ($80.6M), and Canada ($74.5M).

Explore Visualizations

Exporters of Parts of electrical transformers and inductors (2021 - 2022)

Importers of Parts of electrical transformers and inductors (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of electrical transformers and inductors.

In 2022, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Parts of electrical transformers and inductors are explained by 18 countries.

Explore Visualizations

Value of Exports in Parts of electrical transformers and inductors

Net Trade

TOP NET EXPORTER (2022)China$3.45B
TOP NET IMPORTER (2022)United States$1.35B

This map shows which countries export or import more of Parts of electrical transformers and inductors. Each country is colored based on the difference in exports and imports of Parts of electrical transformers and inductors during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of electrical transformers and inductors were China ($3.45B), Japan ($231M), Turkey ($204M), South Korea ($194M), and Italy ($191M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of electrical transformers and inductors were United States ($1.35B), Hong Kong ($717M), Vietnam ($314M), Netherlands ($193M), and Poland ($150M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts of electrical transformers and inductors.
It is possible to select the main countries that export or import Parts of electrical transformers and inductors in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of electrical transformers and inductors 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms