HS Icon Generating sets, diesel, output < 75 kVA

850211 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Generating sets, diesel, output < 75 kVA. In 2019, Generating sets, diesel, output < 75 kVA were the world's 1375th most traded product, with a total trade of $1.85B. Between 2018 and 2019 the exports of Generating sets, diesel, output < 75 kVA grew by 0.52%, from $1.84B to $1.85B. Trade in Generating sets, diesel, output < 75 kVA represent 0.01% of total world trade.

Exports: In 2019 the top exporters of Generating sets, diesel, output < 75 kVA  were China ($572M), United States ($221M), Italy ($145M), Spain ($118M), and Japan ($111M).

Imports: In 2019 the top importers of Generating sets, diesel, output < 75 kVA were United States ($151M), Canada ($81.9M), Libya ($66.2M), Australia ($57.9M), and United Arab Emirates ($57.9M).

Tariffs: In 2018 the average tariff for Generating sets, diesel, output < 75 kVA was 6.69%, making it the 3324th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Generating sets, diesel, output < 75 kVA are Bermuda (35%), Iran (30%), Morocco (19.7%), Maldives (19.6%), and South Africa (16.7%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Generating sets, diesel, output < 75 kVA ranks 2914th in the Product Complexity Index (PCI).

Description: A generating set is a group of generators that produce electricity. The main types of generators are hydroelectric, coal-fired, nuclear, and natural gas-fired. Diesel generators are large, stationary engines that generate electricity but are not used in a mobile application. These are used in remote areas to provide electricity to homes and businesses. They are also used during power outages to provide temporary power to homes and businesses. Outputs below 75 kva are industrial sized generators.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $572M

Top Destination (2019): United States, $151M

Generating sets, diesel, output < 75 kVA are the world's 1375th most traded product.

In 2019, the top exporters of Generating sets, diesel, output < 75 kVA were China ($572M), United States ($221M), Italy ($145M), Spain ($118M), and Japan ($111M).

In 2019, the top importers of Generating sets, diesel, output < 75 kVA were United States ($151M), Canada ($81.9M), Libya ($66.2M), Australia ($57.9M), and United Arab Emirates ($57.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $55.1M

Top Destination Growth (2018 - 2019): Libya, $40.2M

Between 2018 and 2019, the exports of Generating sets, diesel, output < 75 kVA grew the fastest in United States ($55.1M), Turkey ($31M), China ($18M), Chinese Taipei ($17.8M), and United Arab Emirates ($13.9M).

Between 2018 and 2019, the fastest growing importers of Generating sets, diesel, output < 75 kVA were Libya ($40.2M), Mexico ($24.9M), Vietnam ($16M), Ethiopia ($9.5M), and Venezuela ($9.26M).

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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 Generating sets, diesel, output < 75 kVA.

In 2019,  market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Generating sets, diesel, output < 75 kVA are explained by 14 countries.

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TOP NET EXPORTER (2019): China, $540M

TOP NET IMPORTER (2019): Libya, $66.2M

This map shows which countries export or import more of Generating sets, diesel, output < 75 kVA. Each country is colored based on the difference in exports and imports of Generating sets, diesel, output < 75 kVA during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Generating sets, diesel, output < 75 kVA were China ($540M), Italy ($115M), Japan ($105M), Spain ($92M), and United States ($69.6M).

In 2019, the countries that had a largest trade value in imports than in exports of Generating sets, diesel, output < 75 kVA were Libya ($66.2M), Canada ($61M), Australia ($54.4M), Saudi Arabia ($46.4M), and Nigeria ($42.7M).

Import Tariffs

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In 2018, the average tariff for importing Generating sets, diesel, output < 75 kVA was 6.69%. The countries with the highest tariffs for importing Generating sets, diesel, output < 75 kVA were Bermuda (35%), Iran (30%), Morocco (19.7%), Maldives (19.6%), and South Africa (16.7%).

Product Complexity

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Diversification Frontier

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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.