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850780 (Harmonized System 1992 for 6-digit)

2022
World Trade $101BRnk 23 / 4648
2022
Top Exporter | Top Importer $53.1B | $18.7BChina | Germany
2022
Product Complexity 1.62Rnk 126 / 4653
2021 - 2022
Export Growth (CAGR) 47.4%Rnk 179 / 4648
2022
Share of World Trade 0.43%Rnk 23 / 4648

About

Overview This page contains the latest trade data of Electric accumulators, nes. In 2022, Electric accumulators, nes were the world's 23rd most traded product, with a total trade of $101B. Between 2021 and 2022 the exports of Electric accumulators, nes grew by 47.4%, from $68.5B to $101B. Trade in Electric accumulators, nes represent 0.43% of total world trade.

Electric accumulators, nes are a part of Electric Batteries.

Exports In 2022 the top exporters of Electric accumulators, nes  were China ($53.1B), Poland ($8.65B), South Korea ($6.98B), Hungary ($6.54B), and Germany ($5.96B).

Imports In 2022 the top importers of Electric accumulators, nes were Germany ($18.7B), United States ($18.3B), South Korea ($5.64B), Vietnam ($3.86B), and Netherlands ($3.83B).

Ranking Electric accumulators, nes ranks 126th in the Product Complexity Index (PCI).

Description Electric accumulators are a type of battery that stores electric charge. These batteries are used in many different industries for storing and releasing electric charge, such as for use in power outages.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric accumulators, 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.

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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 (2022)China$53.1B
Top Destination (2022)Germany$18.7B

In 2022 Electric accumulators, nes were the world's 23rd most traded product (out of 4,648).

In 2022, the top exporters of Electric accumulators, nes were China ($53.1B), Poland ($8.65B), South Korea ($6.98B), Hungary ($6.54B), and Germany ($5.96B).

In 2022, the top importers of Electric accumulators, nes were Germany ($18.7B), United States ($18.3B), South Korea ($5.64B), Vietnam ($3.86B), and Netherlands ($3.83B).

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Exporters of Electric accumulators, nes (2022)
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Importers of Electric accumulators, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$23.2B
Top Destination Growth (2021 -  2022)Germany$7.25B

Between 2021 and 2022, the exports of Electric accumulators, nes grew the fastest in China ($23.2B), Hungary ($2.56B), South Korea ($1.29B), Czechia ($1.22B), and Poland ($836M).

Between 2021 and 2022, the fastest growing importers of Electric accumulators, nes were Germany ($7.25B), United States ($7.18B), South Korea ($2.32B), Netherlands ($1.92B), and Czechia ($1.61B).

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Exporters of Electric accumulators, nes (2021 - 2022)

Importers of Electric accumulators, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric accumulators, nes.

In 2022, market concentration measured using Shannon Entropy, was 2.83. This means that most of the exports of Electric accumulators, nes are explained by 7 countries.

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Value of Exports in Electric accumulators, nes

Net Trade

TOP NET EXPORTER (2022)China$50.5B
TOP NET IMPORTER (2022)United States$16.3B

This map shows which countries export or import more of Electric accumulators, nes. Each country is colored based on the difference in exports and imports of Electric accumulators, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric accumulators, nes were China ($50.5B), Poland ($6.22B), Hungary ($4.9B), Japan ($1.62B), and South Korea ($1.34B).

In 2022, the countries that had a largest trade value in imports than in exports of Electric accumulators, nes were United States ($16.3B), Germany ($12.7B), Vietnam ($2.81B), Netherlands ($2.78B), and Italy ($2.5B).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Electric accumulators, 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 (2022)

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