HS Icon Electrical Capacitors

8532 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $26.8B, Rnk 142 / 1217

2019
Top Exporter | Top Importer
: $6.58B | $4.6B, Japan | Hong Kong

2019
Product Complexity
: 0.91, Rnk 182 / 961

2018 - 2019
Export Growth (CAGR)
: -10.8%, Rnk 995 / 1217

2018
Mean Tariff
: 3.87%, Rnk 1026 / 1259

 2019
Share of World Trade
: 0.15%, Rnk 142 / 1217

Overview:  This page contains the latest trade data of Electrical Capacitors. In 2019, Electrical Capacitors were the world's 142nd most traded product, with a total trade of $26.8B. Between 2018 and 2019 the exports of Electrical Capacitors decreased by -10.8%, from  $30.1B to $26.8B. Trade in Electrical Capacitors represent 0.15% of total world trade.

Exports: In 2019 the top exporters of Electrical Capacitors  were Japan ($6.58B), China ($4.59B), Germany ($1.81B), Chinese Taipei ($1.64B), and United States ($1.54B).

Imports: In 2019 the top importers of Electrical Capacitors were Hong Kong ($4.6B), China ($4.41B), Germany ($2.24B), United States ($2.1B), and Mexico ($1.28B).

Tariffs: In 2018 the average tariff for Electrical Capacitors was 3.87%, making it the 1026th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Electrical Capacitors are Bahamas (40.2%), Bermuda (25%), Maldives (22.5%), Ethiopia (19.8%), and Iran (17.9%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), United Arab Emirates (0%), and Armenia (0%).

Ranking: Electrical Capacitors ranks 182nd in the Product Complexity Index (PCI).

Description: Electrical capacitors are used to store electrical energy. They can be made from a variety of materials, including aluminum, ceramic, and plastic.

Exporters and Importers

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Trade By Country

Top Origin (2019): Japan, $6.58B

Top Destination (2019): Hong Kong, $4.6B

Electrical Capacitors are the world's 142nd most traded product.

In 2019, the top exporters of Electrical Capacitors were Japan ($6.58B), China ($4.59B), Germany ($1.81B), Chinese Taipei ($1.64B), and United States ($1.54B).

In 2019, the top importers of Electrical Capacitors were Hong Kong ($4.6B), China ($4.41B), Germany ($2.24B), United States ($2.1B), and Mexico ($1.28B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Japan, $117M

Top Destination Growth (2018 - 2019): Mexico, $63.9M

Between 2018 and 2019, the exports of Electrical Capacitors grew the fastest in Japan ($117M), Germany ($71.6M), Mexico ($37.9M), Portugal ($12.4M), and Vietnam ($7.6M).

Between 2018 and 2019, the fastest growing importers of Electrical Capacitors were Mexico ($63.9M), Czechia ($62.9M), Hungary ($55.8M), India ($46.1M), and Pakistan ($34M).

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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 Electrical Capacitors.

In 2019,  market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Electrical Capacitors are explained by 14 countries.

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TOP NET EXPORTER (2019): Japan, $6.12B

TOP NET IMPORTER (2019): Hong Kong, $4.14B

This map shows which countries export or import more of Electrical Capacitors. Each country is colored based on the difference in exports and imports of Electrical Capacitors during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Electrical Capacitors were Japan ($6.12B), Philippines ($603M), Chinese Taipei ($596M), South Korea ($433M), and Malaysia ($424M).

In 2019, the countries that had a largest trade value in imports than in exports of Electrical Capacitors were Hong Kong ($4.14B), Vietnam ($669M), United States ($559M), Mexico ($555M), and India ($477M).

Disaggregation

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Value

In 2019, the world most traded Electrical Capacitors, disaggragated by their HS6 level were Electric capacitors, fixed, ceramic, multilayer, ($14.6B), Electric capacitors, fixed, aluminium electrolytic ne ($4.37B), Electric capacitors, fixed, nes ($1.89B), Electric capacitors, fixed, tantalum, nes ($1.73B), and Electric capacitors, fixed, paper/plastic dielectric ($1.52B)

Import Tariffs

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In 2018, the average tariff for importing Electrical Capacitors was 3.87%.  The countries with the highest tariffs for importing Electrical Capacitors were Bahamas (40.2%), Bermuda (25%), Maldives (22.5%), Ethiopia (19.8%), and Iran (17.9%).

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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.