HS Icon High-voltage Protection Equipment

8535 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of High-voltage Protection Equipment. In 2019, High-voltage Protection Equipment were the world's 347th most traded product, with a total trade of $8.86B. Between 2018 and 2019 the exports of High-voltage Protection Equipment decreased by -0.89%, from $8.94B to $8.86B. Trade in High-voltage Protection Equipment represent 0.049% of total world trade.

Exports: In 2019 the top exporters of High-voltage Protection Equipment  were Germany ($1.6B), China ($927M), Switzerland ($793M), United States ($770M), and Mexico ($510M).

Imports: In 2019 the top importers of High-voltage Protection Equipment were United States ($1.04B), China ($647M), Germany ($422M), Saudi Arabia ($283M), and Canada ($260M).

Tariffs: In 2018 the average tariff for High-voltage Protection Equipment was 8.04%, making it the 539th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for High-voltage Protection Equipment are Bahamas (40.2%), Iran (32%), Algeria (29.2%), Bermuda (25%), and Jordan (22.1%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: High-voltage Protection Equipment ranks 320th in the Product Complexity Index (PCI).

Description: Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits, e.g., switches, fuses, lightning arresters, voltage limiters, surge suppressors, plugs and other connectors, junction boxes, for a voltage > 1.000 V (excl. control desks, cabinets, panels etc. of heading 8537)

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $1.6B

Top Destination (2019): United States, $1.04B

High-voltage Protection Equipment are the world's 347th most traded product.

In 2019, the top exporters of High-voltage Protection Equipment were Germany ($1.6B), China ($927M), Switzerland ($793M), United States ($770M), and Mexico ($510M).

In 2019, the top importers of High-voltage Protection Equipment were United States ($1.04B), China ($647M), Germany ($422M), Saudi Arabia ($283M), and Canada ($260M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mexico, $76M

Top Destination Growth (2018 - 2019): United States, $105M

Between 2018 and 2019, the exports of High-voltage Protection Equipment grew the fastest in Mexico ($76M), Switzerland ($69.5M), Poland ($54.5M), United States ($45M), and Netherlands ($41.5M).

Between 2018 and 2019, the fastest growing importers of High-voltage Protection Equipment were United States ($105M), United Arab Emirates ($62.2M), Iraq ($44.1M), China ($42.4M), and Bahrain ($42.3M).

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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 High-voltage Protection Equipment.

In 2019,  market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of High-voltage Protection Equipment are explained by 22 countries.

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TOP NET EXPORTER (2019): Germany, $1.18B

TOP NET IMPORTER (2019): Saudi Arabia, $275M

This map shows which countries export or import more of High-voltage Protection Equipment. Each country is colored based on the difference in exports and imports of High-voltage Protection Equipment during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of High-voltage Protection Equipment were Germany ($1.18B), Switzerland ($728M), Italy ($334M), Mexico ($314M), and China ($280M).

In 2019, the countries that had a largest trade value in imports than in exports of High-voltage Protection Equipment were Saudi Arabia ($275M), United States ($267M), Indonesia ($217M), Canada ($158M), and Vietnam ($130M).

Disaggregation

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Value

In 2019, the world most traded High-voltage Protection Equipment, disaggragated by their HS6 level were Electrical apparatus for voltage > 1kV,... ($3.88B), Isolating and make-and-break switches, voltage >1... ($2.03B), Automatic circuit breakers for voltage 1-72.5... ($986M), Automatic circuit breakers for voltage >... ($902M), and Lightning arresters & voltage or surge... ($590M)

Import Tariffs

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In 2018, the average tariff for importing High-voltage Protection Equipment was 8.04%. The countries with the highest tariffs for importing High-voltage Protection Equipment were Bahamas (40.2%), Iran (32%), Algeria (29.2%), Bermuda (25%), and Jordan (22.1%).

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.

Country by Relatedness

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The following visualization shows the relatedness of High-voltage Protection Equipment to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.