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Pricing

Cells and batteries; primary

8506 (Harmonized System 1992 for 4-digit)

2023
World Trade $9.4BRnk 372 / 1217
2023
Top Exporter | Top Importer $3.11B | $1.24BChina | United States
2023
Product Complexity 1.09Rnk 146 / 1044
2022 - 2023
Export Growth (CAGR) -0.073%Rnk 410 / 1217
2023
Share of World Trade 0.042%Rnk 372 / 1217

About

Overview This page contains the latest trade data of Batteries. In 2023, Batteries were the world's 372nd most traded product, with a total trade of $9.4B. Between 2022 and 2023 the exports of Batteries decreased by -0.073%, from $9.41B to $9.4B. Trade in Batteries represent 0.042% of total world trade.

Batteries are a part of Electrical machinery and electronics. They include Manganese Dioxide Batteries (<300cc), Primary cells, primary batteries nes, volume < 300 cc, Parts of primary cells and primary batteries, Silver oxide primary cells, batteries volume < 300 cc, Mercuric oxide primary cell, battery, volume < 300 cc, and Primary cells, primary batteries nes, volume > 300 cc.

Exports In 2023 the top exporters of Batteries  were China ($3.11B), United States ($849M), Germany ($782M), Singapore ($726M), and Indonesia ($627M).

Imports In 2023 the top importers of Batteries were United States ($1.24B), Germany ($662M), Mexico ($413M), United Kingdom ($384M), and Malaysia ($376M).

Ranking Batteries ranks 146th in the Product Complexity Index (PCI).

Description Primary cells and primary batteries are used to store electrical energy. They can be made from a variety of materials, including lead-acid, nickel-cadmium, and lithium-ion.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Batteries. Countries are shown based on data availability.

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

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* 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.

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Historical Data

Exporters and Importers

Top Origin (2023)China$3.11B
Top Destination (2023)United States$1.24B

In 2023 Batteries were the world's 372nd most traded product (out of 1,217).

In 2023, the top exporters of Batteries were China ($3.11B), United States ($849M), Germany ($782M), Singapore ($726M), and Indonesia ($627M).

In 2023, the top importers of Batteries were United States ($1.24B), Germany ($662M), Mexico ($413M), United Kingdom ($384M), and Malaysia ($376M).

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Exporters of Batteries (2023)
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Importers of Batteries (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$121M
Top Destination Growth (2022 -  2023)Ireland$119M

Between 2022 and 2023, the exports of Batteries grew the fastest in Germany ($121M), United States ($62.6M), France ($46.1M), Belgium ($34.9M), and Hong Kong ($32.4M).

Between 2022 and 2023, the fastest growing importers of Batteries were Ireland ($119M), United States ($62.5M), Mexico ($46.7M), Malaysia ($45.5M), and Netherlands ($40M).

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Exporters of Batteries (2022 - 2023)

Importers of Batteries (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Batteries.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Batteries are explained by 14 countries.

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Value of Exports in Batteries

Net Trade

TOP NET EXPORTER (2023)China$2.86B
TOP NET IMPORTER (2023)United States$396M

This map shows which countries export or import more of Batteries. Each country is colored based on the difference in exports and imports of Batteries during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Batteries were China ($2.86B), Indonesia ($497M), Singapore ($413M), Belgium ($367M), and Japan ($244M).

In 2023, the countries that had a largest trade value in imports than in exports of Batteries were United States ($396M), Mexico ($369M), Malaysia ($249M), Canada ($243M), and United Kingdom ($234M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Batteries, disaggragated by their HS6 level were Primary cells, primary batteries nes, volume... ($4.88B), Manganese Dioxide Batteries (<300cc) ($3.95B), Parts of primary cells and primary... ($308M), Silver oxide primary cells, batteries volume... ($246M), and Primary cells, primary batteries nes, volume... ($14.4M)

HS6 Disaggregation for Batteries (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Batteries by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $41.4M
TOP IMPORT POTENTIALIndonesia+ $12.6M

Batteries’s highest export potential is India. With an export gap of $41.4M.  Batteries’s highest import potential is Indonesia with an import gap of $12.6M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Batteries.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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