NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

850140 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.62BRnk 652 / 4644
2023
Top Exporter | Top Importer $2.28B | $1.5BChina | United States
2023
Product Complexity 0.26Rnk 2098 / 4656
2022 - 2023
Export Growth (CAGR) -14.5%Rnk 3183 / 4644
2023
Share of World Trade 0.025%Rnk 652 / 4644

About

Overview This page contains the latest trade data of AC motors, single-phase, nes. In 2023, AC motors, single-phase, nes were the world's 652nd most traded product, with a total trade of $5.62B. Between 2022 and 2023 the exports of AC motors, single-phase, nes decreased by -14.5%, from $6.58B to $5.62B. Trade in AC motors, single-phase, nes represent 0.025% of total world trade.

AC motors, single-phase, nes are a part of Electric Motors.

Exports In 2023 the top exporters of AC motors, single-phase, nes  were China ($2.28B), Mexico ($834M), Vietnam ($296M), United States ($286M), and Germany ($238M).

Imports In 2023 the top importers of AC motors, single-phase, nes were United States ($1.5B), Mexico ($562M), Germany ($218M), France ($200M), and Canada ($178M).

Ranking AC motors, single-phase, nes ranks 2098th in the Product Complexity Index (PCI).

Description Typically, ac motors are used in smaller applications such as washing machines, vacuum cleaners, blenders, and other small appliances. Single-phase motors often have a single winding that is connected to one phase of the ac supply.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on AC motors, single-phase, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$2.28B
Top Destination (2023)United States$1.5B

In 2023 AC motors, single-phase, nes were the world's 652nd most traded product (out of 4,644).

In 2023, the top exporters of AC motors, single-phase, nes were China ($2.28B), Mexico ($834M), Vietnam ($296M), United States ($286M), and Germany ($238M).

In 2023, the top importers of AC motors, single-phase, nes were United States ($1.5B), Mexico ($562M), Germany ($218M), France ($200M), and Canada ($178M).

Explore Visualizations

Exporters of AC motors, single-phase, nes (2023)
[Click to Select a Country]

Importers of AC motors, single-phase, nes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$49.8M
Top Destination Growth (2022 -  2023)Spain$48M

Between 2022 and 2023, the exports of AC motors, single-phase, nes grew the fastest in India ($49.8M), France ($32.6M), Latvia ($10M), Turkey ($9.36M), and Kyrgyzstan ($2.61M).

Between 2022 and 2023, the fastest growing importers of AC motors, single-phase, nes were Spain ($48M), Vietnam ($25.8M), Hong Kong ($14.7M), Russia ($12.7M), and Algeria ($6.07M).

Explore Visualizations

Exporters of AC motors, single-phase, nes (2022 - 2023)

Importers of AC motors, single-phase, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of AC motors, single-phase, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of AC motors, single-phase, nes are explained by 10 countries.

Explore Visualizations

Value of Exports in AC motors, single-phase, nes

Net Trade

TOP NET EXPORTER (2023)China$2.24B
TOP NET IMPORTER (2023)United States$1.22B

This map shows which countries export or import more of AC motors, single-phase, nes. Each country is colored based on the difference in exports and imports of AC motors, single-phase, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of AC motors, single-phase, nes were China ($2.24B), Mexico ($272M), Vietnam ($179M), Tunisia ($148M), and Japan ($71M).

In 2023, the countries that had a largest trade value in imports than in exports of AC motors, single-phase, nes were United States ($1.22B), Canada ($171M), Indonesia ($139M), Turkey ($134M), and Spain ($110M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to AC motors, single-phase, nes.
It is possible to select the main countries that export or import AC motors, single-phase, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of AC motors, single-phase, nes by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms