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850450 (Harmonized System 1992 for 6-digit)

2022
World Trade $13.8BRnk 269 / 4648
2022
Top Exporter | Top Importer $5.62B | $2.66BChina | Hong Kong
2022
Product Complexity 0.59Rnk 1480 / 4653
2021 - 2022
Export Growth (CAGR) 0.078%Rnk 2938 / 4648
2022
Share of World Trade 0.058%Rnk 269 / 4648

About

Overview This page contains the latest trade data of Inductors, electric. In 2022, Inductors, electric were the world's 269th most traded product, with a total trade of $13.8B. Between 2021 and 2022 the exports of Inductors, electric grew by 0.078%, from $13.8B to $13.8B. Trade in Inductors, electric represent 0.058% of total world trade.

Inductors, electric are a part of Electrical Transformers.

Exports In 2022 the top exporters of Inductors, electric  were China ($5.62B), Japan ($1.39B), Germany ($1.06B), Philippines ($805M), and Chinese Taipei ($615M).

Imports In 2022 the top importers of Inductors, electric were Hong Kong ($2.66B), China ($2.08B), Germany ($1.18B), United States ($846M), and South Korea ($640M).

Ranking Inductors, electric ranks 1480th in the Product Complexity Index (PCI).

Description An inductor is a circuit element that is designed to store and release energy in the form of a magnetic field when a current passes through it. This is done by inducing an electric current in the circuit with a changing magnetic field. An inductor can be used to limit current in a circuit, to filter out AC from a DC current or to keep a current from changing too rapidly.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Inductors, electric. 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$5.62B
Top Destination (2022)Hong Kong$2.66B

In 2022 Inductors, electric were the world's 269th most traded product (out of 4,648).

In 2022, the top exporters of Inductors, electric were China ($5.62B), Japan ($1.39B), Germany ($1.06B), Philippines ($805M), and Chinese Taipei ($615M).

In 2022, the top importers of Inductors, electric were Hong Kong ($2.66B), China ($2.08B), Germany ($1.18B), United States ($846M), and South Korea ($640M).

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Exporters of Inductors, electric (2022)
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Importers of Inductors, electric (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$170M
Top Destination Growth (2021 -  2022)Germany$233M

Between 2021 and 2022, the exports of Inductors, electric grew the fastest in China ($170M), Mexico ($50.1M), United States ($43.6M), South Korea ($37.9M), and Austria ($19.4M).

Between 2021 and 2022, the fastest growing importers of Inductors, electric were Germany ($233M), United States ($82.6M), Netherlands ($71.3M), India ($59.9M), and Saudi Arabia ($43.5M).

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Exporters of Inductors, electric (2021 - 2022)

Importers of Inductors, electric (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Inductors, electric.

In 2022, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Inductors, electric are explained by 12 countries.

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Value of Exports in Inductors, electric

Net Trade

TOP NET EXPORTER (2022)China$3.54B
TOP NET IMPORTER (2022)Hong Kong$2.42B

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

In 2022, the countries that had a largest trade value in exports than in imports of Inductors, electric were China ($3.54B), Japan ($928M), Philippines ($717M), Vietnam ($109M), and Chinese Taipei ($103M).

In 2022, the countries that had a largest trade value in imports than in exports of Inductors, electric were Hong Kong ($2.42B), Mexico ($365M), United States ($355M), South Korea ($343M), and India ($278M).

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 Inductors, electric.
It is possible to select the main countries that export or import Inductors, electric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Inductors, electric 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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