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848390 (Harmonized System 1992 for 6-digit)

2022
World Trade $14.3BRnk 255 / 4648
2022
Top Exporter | Top Importer $3.13B | $2.24BChina | United States
2022
Product Complexity 1.6Rnk 134 / 4653
2021 - 2022
Export Growth (CAGR) 4.23%Rnk 2334 / 4648
2022
Share of World Trade 0.06%Rnk 255 / 4648

About

Overview This page contains the latest trade data of Parts of power transmission etc equipment. In 2022, Parts of power transmission etc equipment were the world's 255th most traded product, with a total trade of $14.3B. Between 2021 and 2022 the exports of Parts of power transmission etc equipment grew by 4.23%, from $13.7B to $14.3B. Trade in Parts of power transmission etc equipment represent 0.06% of total world trade.

Parts of power transmission etc equipment are a part of Transmissions.

Exports In 2022 the top exporters of Parts of power transmission etc equipment  were China ($3.13B), Germany ($2.99B), United States ($1.59B), Italy ($764M), and Japan ($555M).

Imports In 2022 the top importers of Parts of power transmission etc equipment were United States ($2.24B), Germany ($1.81B), China ($1.16B), Canada ($652M), and Mexico ($559M).

Ranking Parts of power transmission etc equipment ranks 134th in the Product Complexity Index (PCI).

Description Power transmission equipment takes electricity from one place to another. This can be done either by sending it through a wire or by converting it to radio waves and sending it through the air. Transformers change the voltage on one circuit to the voltage on the other circuit. Switches control the flow of electricity between circuits.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts of power transmission etc equipment. 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)China$3.13B
Top Destination (2022)United States$2.24B

In 2022 Parts of power transmission etc equipment were the world's 255th most traded product (out of 4,648).

In 2022, the top exporters of Parts of power transmission etc equipment were China ($3.13B), Germany ($2.99B), United States ($1.59B), Italy ($764M), and Japan ($555M).

In 2022, the top importers of Parts of power transmission etc equipment were United States ($2.24B), Germany ($1.81B), China ($1.16B), Canada ($652M), and Mexico ($559M).

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Exporters of Parts of power transmission etc equipment (2022)
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Importers of Parts of power transmission etc equipment (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$363M
Top Destination Growth (2021 -  2022)United States$194M

Between 2021 and 2022, the exports of Parts of power transmission etc equipment grew the fastest in China ($363M), United States ($225M), Spain ($82.2M), India ($79.4M), and Mexico ($56.9M).

Between 2021 and 2022, the fastest growing importers of Parts of power transmission etc equipment were United States ($194M), Germany ($126M), Canada ($123M), Poland ($51.1M), and Mexico ($34.9M).

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Exporters of Parts of power transmission etc equipment (2021 - 2022)

Importers of Parts of power transmission etc equipment (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of power transmission etc equipment.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Parts of power transmission etc equipment are explained by 16 countries.

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Value of Exports in Parts of power transmission etc equipment

Net Trade

TOP NET EXPORTER (2022)China$1.97B
TOP NET IMPORTER (2022)United States$649M

This map shows which countries export or import more of Parts of power transmission etc equipment. Each country is colored based on the difference in exports and imports of Parts of power transmission etc equipment during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of power transmission etc equipment were China ($1.97B), Germany ($1.18B), Italy ($284M), Chinese Taipei ($273M), and India ($159M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of power transmission etc equipment were United States ($649M), Canada ($384M), Mexico ($332M), Brazil ($254M), and United Kingdom ($235M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Parts of power transmission etc equipment 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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