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850240 (Harmonized System 1992 for 6-digit)

2022
World Trade $167MRnk 3842 / 4648
2022
Top Exporter | Top Importer $63.1M | $16.2MGermany | United States
2022
Product Complexity 0.48Rnk 1670 / 4653
2021 - 2022
Export Growth (CAGR) 4.17%Rnk 2346 / 4648
2022
Share of World Trade 0.0007%Rnk 3842 / 4648

About

Overview This page contains the latest trade data of Electric rotary converters. In 2022, Electric rotary converters were the world's 3842nd most traded product, with a total trade of $167M. Between 2021 and 2022 the exports of Electric rotary converters grew by 4.17%, from $160M to $167M. Trade in Electric rotary converters represent 0.0007% of total world trade.

Electric rotary converters are a part of Electric Generating Sets.

Exports In 2022 the top exporters of Electric rotary converters  were Germany ($63.1M), United States ($20.8M), China ($14.5M), United Kingdom ($4.6M), and Sweden ($4.42M).

Imports In 2022 the top importers of Electric rotary converters were United States ($16.2M), Germany ($12.5M), South Korea ($9.42M), Malaysia ($8.11M), and Norway ($7.26M).

Ranking Electric rotary converters ranks 1670th in the Product Complexity Index (PCI).

Description Electric rotary converters change AC electricity to DC electricity. They are commonly used in electric cars and trucks, so that they can operate with a battery pack.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Electric rotary converters. 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)Germany$63.1M
Top Destination (2022)United States$16.2M

In 2022 Electric rotary converters were the world's 3842nd most traded product (out of 4,648).

In 2022, the top exporters of Electric rotary converters were Germany ($63.1M), United States ($20.8M), China ($14.5M), United Kingdom ($4.6M), and Sweden ($4.42M).

In 2022, the top importers of Electric rotary converters were United States ($16.2M), Germany ($12.5M), South Korea ($9.42M), Malaysia ($8.11M), and Norway ($7.26M).

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Exporters of Electric rotary converters (2022)
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Importers of Electric rotary converters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$11.2M
Top Destination Growth (2021 -  2022)South Korea$6.73M

Between 2021 and 2022, the exports of Electric rotary converters grew the fastest in Germany ($11.2M), Poland ($3.47M), South Korea ($3.22M), China ($2.61M), and Finland ($2.58M).

Between 2021 and 2022, the fastest growing importers of Electric rotary converters were South Korea ($6.73M), Singapore ($5.53M), Malaysia ($4.61M), China ($4.36M), and Italy ($4.07M).

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Exporters of Electric rotary converters (2021 - 2022)

Importers of Electric rotary converters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric rotary converters.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Electric rotary converters are explained by 13 countries.

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Value of Exports in Electric rotary converters

Net Trade

TOP NET EXPORTER (2022)Germany$50.6M
TOP NET IMPORTER (2022)Malaysia$7.15M

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

In 2022, the countries that had a largest trade value in exports than in imports of Electric rotary converters were Germany ($50.6M), China ($7.6M), United States ($4.67M), Sweden ($3.35M), and Finland ($2.52M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric rotary converters were Malaysia ($7.15M), South Korea ($5.76M), Hong Kong ($5.04M), Norway ($4.62M), and Singapore ($4.46M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Electric rotary converters 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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