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850230 (Harmonized System 1992 for 6-digit)

2022
World Trade $9.62BRnk 410 / 4648
2022
Top Exporter | Top Importer $2.91B | $720MChina | United States
2022
Product Complexity 0.32Rnk 1975 / 4653
2021 - 2022
Export Growth (CAGR) -17.4%Rnk 4260 / 4648
2022
Share of World Trade 0.041%Rnk 410 / 4648

About

Overview This page contains the latest trade data of Electric generating sets, nes. In 2022, Electric generating sets, nes were the world's 410th most traded product, with a total trade of $9.62B. Between 2021 and 2022 the exports of Electric generating sets, nes decreased by -17.4%, from $11.7B to $9.62B. Trade in Electric generating sets, nes represent 0.041% of total world trade.

Electric generating sets, nes are a part of Electric Generating Sets.

Exports In 2022 the top exporters of Electric generating sets, nes  were China ($2.91B), Germany ($1.83B), Denmark ($1.26B), United States ($737M), and India ($512M).

Imports In 2022 the top importers of Electric generating sets, nes were United States ($720M), Canada ($628M), United Kingdom ($560M), Colombia ($440M), and Chile ($423M).

Ranking Electric generating sets, nes ranks 1975th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric generating sets, 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$2.91B
Top Destination (2022)United States$720M

In 2022 Electric generating sets, nes were the world's 410th most traded product (out of 4,648).

In 2022, the top exporters of Electric generating sets, nes were China ($2.91B), Germany ($1.83B), Denmark ($1.26B), United States ($737M), and India ($512M).

In 2022, the top importers of Electric generating sets, nes were United States ($720M), Canada ($628M), United Kingdom ($560M), Colombia ($440M), and Chile ($423M).

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Exporters of Electric generating sets, nes (2022)
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Importers of Electric generating sets, nes (2022)
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Market Dynamics

Color
Top Origin Decrease (2021 -  2022)Germany-$1.3B
Top Destination Growth (2021 -  2022)Colombia$364M

Between 2021 and 2022, the fastest declining exporters of Electric generating sets, nes were Germany (-$1.3B), Denmark (-$815M), Spain (-$285M), Switzerland (-$219M), and Sweden (-$187M).

Between 2021 and 2022, the fastest growing importers of Electric generating sets, nes were Colombia ($364M), Canada ($334M), Argentina ($228M), Netherlands ($203M), and Germany ($178M).

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Exporters of Electric generating sets, nes (2021 - 2022)

Importers of Electric generating sets, nes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Electric generating sets, nes are explained by 10 countries.

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Value of Exports in Electric generating sets, nes

Net Trade

TOP NET EXPORTER (2022)China$2.69B
TOP NET IMPORTER (2022)Canada$620M

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

In 2022, the countries that had a largest trade value in exports than in imports of Electric generating sets, nes were China ($2.69B), Germany ($1.45B), Denmark ($1.24B), India ($487M), and Hungary ($396M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric generating sets, nes were Canada ($620M), United Kingdom ($504M), Colombia ($434M), Chile ($423M), and Chinese Taipei ($389M).

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 generating sets, nes.
It is possible to select the main countries that export or import Electric generating sets, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric generating sets, 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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