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853720 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.51BRnk 502 / 4644
2023
Top Exporter | Top Importer $1.96B | $927MChina | United States
2023
Product Complexity 0.22Rnk 2163 / 4656
2022 - 2023
Export Growth (CAGR) 26%Rnk 188 / 4644
2023
Share of World Trade 0.033%Rnk 502 / 4644

About

Overview This page contains the latest trade data of Electrical control and distribution boards, > 1kV. In 2023, Electrical control and distribution boards, > 1kV were the world's 502nd most traded product, with a total trade of $7.51B. Between 2022 and 2023 the exports of Electrical control and distribution boards, > 1kV grew by 26%, from $5.96B to $7.51B. Trade in Electrical control and distribution boards, > 1kV represent 0.033% of total world trade.

Electrical control and distribution boards, > 1kV are a part of Electrical Control Boards.

Exports In 2023 the top exporters of Electrical control and distribution boards, > 1kV  were China ($1.96B), Germany ($1.26B), Turkey ($352M), France ($323M), and South Korea ($316M).

Imports In 2023 the top importers of Electrical control and distribution boards, > 1kV were United States ($927M), Saudi Arabia ($279M), United Kingdom ($239M), Indonesia ($236M), and Germany ($226M).

Ranking Electrical control and distribution boards, > 1kV ranks 2163rd in the Product Complexity Index (PCI).

Description An electrical control and distribution board is used to distribute power to electrical devices and equipment. It has a number of connections, or terminals, for making connections to the power source (a generator, for example).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electrical control and distribution boards, > 1kV. 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$1.96B
Top Destination (2023)United States$927M

In 2023 Electrical control and distribution boards, > 1kV were the world's 502nd most traded product (out of 4,644).

In 2023, the top exporters of Electrical control and distribution boards, > 1kV were China ($1.96B), Germany ($1.26B), Turkey ($352M), France ($323M), and South Korea ($316M).

In 2023, the top importers of Electrical control and distribution boards, > 1kV were United States ($927M), Saudi Arabia ($279M), United Kingdom ($239M), Indonesia ($236M), and Germany ($226M).

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Exporters of Electrical control and distribution boards, > 1kV (2023)
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Importers of Electrical control and distribution boards, > 1kV (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$495M
Top Destination Growth (2022 -  2023)United States$419M

Between 2022 and 2023, the exports of Electrical control and distribution boards, > 1kV grew the fastest in China ($495M), Germany ($350M), South Korea ($136M), Mexico ($124M), and Turkey ($90.8M).

Between 2022 and 2023, the fastest growing importers of Electrical control and distribution boards, > 1kV were United States ($419M), Saudi Arabia ($92.2M), Philippines ($85.8M), United Kingdom ($80.3M), and Singapore ($65M).

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Exporters of Electrical control and distribution boards, > 1kV (2022 - 2023)

Importers of Electrical control and distribution boards, > 1kV (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical control and distribution boards, > 1kV.

In 2023, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Electrical control and distribution boards, > 1kV are explained by 19 countries.

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Value of Exports in Electrical control and distribution boards, > 1kV

Net Trade

TOP NET EXPORTER (2023)China$1.81B
TOP NET IMPORTER (2023)United States$695M

This map shows which countries export or import more of Electrical control and distribution boards, > 1kV. Each country is colored based on the difference in exports and imports of Electrical control and distribution boards, > 1kV during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electrical control and distribution boards, > 1kV were China ($1.81B), Germany ($1.04B), Turkey ($263M), South Korea ($259M), and Czechia ($198M).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical control and distribution boards, > 1kV were United States ($695M), Saudi Arabia ($269M), United Kingdom ($193M), Philippines ($190M), and Indonesia ($172M).

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 Electrical control and distribution boards, > 1kV.
It is possible to select the main countries that export or import Electrical control and distribution boards, > 1kV in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical control and distribution boards, > 1kV 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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