HS Icon Automatic circuit breakers for < 1,000 volts

853620 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.02B, Rnk 400 / 4726

Top Exporter (2018): $938M, China

Top Importer (2018): $1.34B, United States

Product Complexity (2018): 0.34, Rnk 1173 / 2722

Export Growth (CAGR)(2017 - 2018): 16.2%, Rnk 1761 / 4726

Mean Tariff (2018): 9.78%, Rnk 2328 / 6538

Share of World Trade (2018): 0.044%, Rnk 400 / 4726

Overview:  This page contains the latest trade data of Automatic circuit breakers for < 1,000 volts. In 2018, Automatic circuit breakers for < 1,000 volts were the world's 400th most traded product, with a total trade of $8.02B. Between 2017 and 2018 the exports of Automatic circuit breakers for < 1,000 volts grew by 16.2%, from  $6.9B to $8.02B. Trade in Automatic circuit breakers for < 1,000 volts represent 0.044% of total world trade.

Exports: In 2018 the top exporters of Automatic circuit breakers for < 1,000 volts  were China ($938M), France ($767M), Germany ($737M), Dominican Republic ($605M), and Czechia ($573M).

Imports: In 2018 the top importers of Automatic circuit breakers for < 1,000 volts were United States ($1.34B), Germany ($511M), France ($455M), Czechia ($323M), and China ($261M).

Tariffs: In 2018 the average tariff for Automatic circuit breakers for < 1,000 volts was 9.78%, making it the 2328th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Automatic circuit breakers for < 1,000 volts are Bahamas (40.2%), Iran (35%), Algeria (29.2%), Bermuda (25%), and Turkmenistan (20%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Automatic circuit breakers for < 1,000 volts ranks 1173rd in the Product Complexity Index (PCI).

Description: Automatic circuit breakers are a type of circuit protection that will automatically shut off the flow of electricity when a certain amount of power is being drawn by the circuit. They are used in places where the electricity might interfere with the environment, such as oil fields or chemical factories.

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $938M

Top Destination (2018): United States, $1.34B

Automatic circuit breakers for < 1,000 volts are the world's 400th most traded product.

In 2018, the top exporters of Automatic circuit breakers for < 1,000 volts were China ($938M), France ($767M), Germany ($737M), Dominican Republic ($605M), and Czechia ($573M).

In 2018, the top importers of Automatic circuit breakers for < 1,000 volts were United States ($1.34B), Germany ($511M), France ($455M), Czechia ($323M), and China ($261M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Czechia, $233M

Top Destination Growth (2017 - 2018): United States, $274M

Between 2017 and 2018, the exports of Automatic circuit breakers for < 1,000 volts grew the fastest in Czechia ($233M), Dominican Republic ($230M), United States ($145M), Germany ($86.4M), and Hungary ($80.8M).

Between 2017 and 2018, the fastest growing importers of Automatic circuit breakers for < 1,000 volts were United States ($274M), Germany ($124M), Czechia ($107M), France ($87.5M), and China ($69.2M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Automatic circuit breakers for < 1,000 volts.

In 2018,  market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Automatic circuit breakers for < 1,000 volts are explained by 24 countries.

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TOP NET EXPORTER (2018): China, $677M

TOP NET IMPORTER (2018): United States, $904M

This map shows which countries export or import more of Automatic circuit breakers for < 1,000 volts. Each country is colored based on the difference in exports and imports of Automatic circuit breakers for < 1,000 volts during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Automatic circuit breakers for < 1,000 volts were China ($677M), Dominican Republic ($601M), France ($313M), Mexico ($297M), and Italy ($256M).

In 2018, the countries that had a largest trade value in imports than in exports of Automatic circuit breakers for < 1,000 volts were United States ($904M), Russia ($189M), Canada ($187M), Spain ($173M), and Turkey ($127M).

Import Tariffs

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In 2018, the average tariff for importing Automatic circuit breakers for < 1,000 volts was 9.78%.  The countries with the highest tariffs for importing Automatic circuit breakers for < 1,000 volts were Bahamas (40.2%), Iran (35%), Algeria (29.2%), Bermuda (25%), and Turkmenistan (20%).

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Product Complexity

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Diversification Frontier

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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.