HS Icon AC generators, of an output > 750 kVA

850164 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of AC generators, of an output > 750 kVA. In 2019, AC generators, of an output > 750 kVA were the world's 886th most traded product, with a total trade of $3.4B. Between 2018 and 2019 the exports of AC generators, of an output > 750 kVA decreased by -9.14%, from $3.74B to $3.4B. Trade in AC generators, of an output > 750 kVA represent 0.019% of total world trade.

Exports In 2019 the top exporters of AC generators, of an output > 750 kVA  were China ($558M), Italy ($356M), Denmark ($292M), Germany ($274M), and Spain ($224M).

Imports In 2019 the top importers of AC generators, of an output > 750 kVA were United States ($493M), Kazakhstan ($290M), Germany ($281M), United Kingdom ($258M), and Australia ($198M).

Tariffs In 2018 the average tariff for AC generators, of an output > 750 kVA was 6.72%, making it the 3315th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for AC generators, of an output > 750 kVA are Bahamas (40.2%), Iran (32.5%), Maldives (29.3%), Finland (16.5%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking AC generators, of an output > 750 kVA ranks 1616th in the Product Complexity Index (PCI).

Description The most common use of an output > 750 kva in a few sentences is for the generation of electricity. Generators are also used in the production of hydrogen to be used as fuel.

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $558M

Top Destination (2019): United States, $493M

AC generators, of an output > 750 kVA are the world's 886th most traded product.

In 2019, the top exporters of AC generators, of an output > 750 kVA were China ($558M), Italy ($356M), Denmark ($292M), Germany ($274M), and Spain ($224M).

In 2019, the top importers of AC generators, of an output > 750 kVA were United States ($493M), Kazakhstan ($290M), Germany ($281M), United Kingdom ($258M), and Australia ($198M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Serbia, $70.3M

Top Destination Growth (2018 - 2019): United States, $143M

Between 2018 and 2019, the exports of AC generators, of an output > 750 kVA grew the fastest in Serbia ($70.3M), Italy ($65M), Romania ($53.7M), Vietnam ($33.1M), and Bosnia and Herzegovina ($21.8M).

Between 2018 and 2019, the fastest growing importers of AC generators, of an output > 750 kVA were United States ($143M), Kazakhstan ($93.9M), Norway ($49M), United Arab Emirates ($40M), and Sweden ($28.8M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of AC generators, of an output > 750 kVA.

In 2019,  market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of AC generators, of an output > 750 kVA are explained by 20 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $475M

TOP NET IMPORTER (2019): United States, $292M

This map shows which countries export or import more of AC generators, of an output > 750 kVA. Each country is colored based on the difference in exports and imports of AC generators, of an output > 750 kVA during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of AC generators, of an output > 750 kVA were China ($475M), Italy ($297M), Spain ($194M), Denmark ($165M), and Romania ($160M).

In 2019, the countries that had a largest trade value in imports than in exports of AC generators, of an output > 750 kVA were United States ($292M), Kazakhstan ($290M), United Kingdom ($226M), Australia ($196M), and Indonesia ($71.2M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing AC generators, of an output > 750 kVA was 6.72%. The countries with the highest tariffs for importing AC generators, of an output > 750 kVA were Bahamas (40.2%), Iran (32.5%), Maldives (29.3%), Finland (16.5%), and Cambodia (15%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.