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850780 (Harmonized System 1992 for 6-digit)

2023
World Trade $128BRnk 18 / 4644
2023
Top Exporter | Top Importer $74.7B | $26.9BChina | Germany
2023
Product Complexity 1.54Rnk 148 / 4656
2022 - 2023
Export Growth (CAGR) 27%Rnk 181 / 4644
2023
Share of World Trade 0.57%Rnk 18 / 4644

About

Overview This page contains the latest trade data of Electric accumulators, nes. In 2023, Electric accumulators, nes were the world's 18th most traded product, with a total trade of $128B. Between 2022 and 2023 the exports of Electric accumulators, nes grew by 27%, from $101B to $128B. Trade in Electric accumulators, nes represent 0.57% of total world trade.

Electric accumulators, nes are a part of Electric Batteries.

Exports In 2023 the top exporters of Electric accumulators, nes  were China ($74.7B), Poland ($11.5B), Hungary ($9.75B), Germany ($6.09B), and South Korea ($5.41B).

Imports In 2023 the top importers of Electric accumulators, nes were Germany ($26.9B), United States ($20.1B), South Korea ($8.98B), Czechia ($5.53B), and Netherlands ($4.66B).

Ranking Electric accumulators, nes ranks 148th 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 (2023)China$74.7B
Top Destination (2023)Germany$26.9B

In 2023 Electric accumulators, nes were the world's 18th most traded product (out of 4,644).

In 2023, the top exporters of Electric accumulators, nes were China ($74.7B), Poland ($11.5B), Hungary ($9.75B), Germany ($6.09B), and South Korea ($5.41B).

In 2023, the top importers of Electric accumulators, nes were Germany ($26.9B), United States ($20.1B), South Korea ($8.98B), Czechia ($5.53B), and Netherlands ($4.66B).

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Exporters of Electric accumulators, nes (2023)
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Importers of Electric accumulators, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$19.6B
Top Destination Growth (2022 -  2023)Germany$9.51B

Between 2022 and 2023, the exports of Electric accumulators, nes grew the fastest in China ($19.6B), Hungary ($4.33B), Poland ($2.36B), United States ($1.49B), and Czechia ($1.08B).

Between 2022 and 2023, the fastest growing importers of Electric accumulators, nes were Germany ($9.51B), South Korea ($3.27B), United States ($2.41B), Czechia ($1.59B), and Mexico ($1.5B).

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Exporters of Electric accumulators, nes (2022 - 2023)

Importers of Electric accumulators, nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.54. This means that most of the exports of Electric accumulators, nes are explained by 5 countries.

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Value of Exports in Electric accumulators, nes

Net Trade

TOP NET EXPORTER (2023)China$72.6B
TOP NET IMPORTER (2023)Germany$20.9B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric accumulators, nes were China ($72.6B), Poland ($9.11B), Hungary ($7.82B), Malaysia ($1.23B), and Japan ($865M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric accumulators, nes were Germany ($20.9B), United States ($16.9B), Mexico ($4.24B), Netherlands ($3.81B), and South Korea ($3.57B).

Net Trade (2023)

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 (2023)

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