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Electrical insulators of any material

8546 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.53BRnk 725 / 1218
2022
Top Exporter | Top Importer $727M | $438MChina | United States
2022
Product Complexity 0.74Rnk 265 / 1033
2021 - 2022
Export Growth (CAGR) 3.99%Rnk 664 / 1218
2022
Share of World Trade 0.011%Rnk 725 / 1218

About

Overview This page contains the latest trade data of Electrical Insulators. In 2022, Electrical Insulators were the world's 725th most traded product, with a total trade of $2.53B. Between 2021 and 2022 the exports of Electrical Insulators grew by 3.99%, from $2.43B to $2.53B. Trade in Electrical Insulators represent 0.011% of total world trade.

Electrical Insulators are a part of Electrical machinery and electronics. They include Electrical insulators, except glass/ceramics, Electrical insulators of ceramics, and Electrical insulators of glass.

Exports In 2022 the top exporters of Electrical Insulators  were China ($727M), United States ($242M), Germany ($217M), Italy ($182M), and India ($145M).

Imports In 2022 the top importers of Electrical Insulators were United States ($438M), Germany ($163M), Mexico ($125M), Canada ($102M), and Italy ($100M).

Ranking Electrical Insulators ranks 265th in the Product Complexity Index (PCI).

Description Electrical insulators are used to protect electrical equipment from the elements. They can be made from a variety of materials, including ceramic, glass, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electrical Insulators. 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$727M
Top Destination (2022)United States$438M

In 2022 Electrical Insulators were the world's 725th most traded product (out of 1,218).

In 2022, the top exporters of Electrical Insulators were China ($727M), United States ($242M), Germany ($217M), Italy ($182M), and India ($145M).

In 2022, the top importers of Electrical Insulators were United States ($438M), Germany ($163M), Mexico ($125M), Canada ($102M), and Italy ($100M).

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Exporters of Electrical Insulators (2022)
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Importers of Electrical Insulators (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$105M
Top Destination Growth (2021 -  2022)United States$107M

Between 2021 and 2022, the exports of Electrical Insulators grew the fastest in China ($105M), United States ($45.5M), India ($26.1M), Italy ($16M), and Mexico ($9.69M).

Between 2021 and 2022, the fastest growing importers of Electrical Insulators were United States ($107M), Germany ($23.3M), Canada ($22.5M), Bangladesh ($16.8M), and Italy ($11.1M).

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Exporters of Electrical Insulators (2021 - 2022)

Importers of Electrical Insulators (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical Insulators.

In 2022, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Electrical Insulators are explained by 18 countries.

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Value of Exports in Electrical Insulators

Net Trade

TOP NET EXPORTER (2022)China$670M
TOP NET IMPORTER (2022)United States$196M

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

In 2022, the countries that had a largest trade value in exports than in imports of Electrical Insulators were China ($670M), India ($81.6M), Italy ($81.5M), Germany ($54M), and Portugal ($46.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical Insulators were United States ($196M), Saudi Arabia ($68.4M), Canada ($55.1M), Mexico ($54M), and Bangladesh ($41.3M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Electrical Insulators, disaggragated by their HS6 level were Electrical insulators, except glass/ceramics ($1.55B), Electrical insulators of ceramics ($740M), and Electrical insulators of glass ($240M)

HS6 Disaggregation for Electrical Insulators (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Electrical Insulators by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $20.8M
TOP IMPORT POTENTIALIndia+ $3.76M

Electrical Insulators’s highest export potential is India. With an export gap of $20.8M.  Electrical Insulators’s highest import potential is India with an import gap of $3.76M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Electrical Insulators.

Country by Relatedness

The following visualization shows the relatedness of Electrical Insulators to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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