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850422 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.6BRnk 974 / 4644
2023
Top Exporter | Top Importer $612M | $1.01BMexico | United States
2023
Product Complexity -0.052Rnk 2627 / 4656
2022 - 2023
Export Growth (CAGR) 48.6%Rnk 73 / 4644
2023
Share of World Trade 0.016%Rnk 974 / 4644

About

Overview This page contains the latest trade data of Liquid dielectric transformers 650-10,000KVA. In 2023, Liquid dielectric transformers 650-10,000KVA were the world's 974th most traded product, with a total trade of $3.6B. Between 2022 and 2023 the exports of Liquid dielectric transformers 650-10,000KVA grew by 48.6%, from $2.43B to $3.6B. Trade in Liquid dielectric transformers 650-10,000KVA represent 0.016% of total world trade.

Liquid dielectric transformers 650-10,000KVA are a part of Electrical Transformers.

Exports In 2023 the top exporters of Liquid dielectric transformers 650-10,000KVA  were Mexico ($612M), Turkey ($563M), China ($515M), South Korea ($212M), and Poland ($148M).

Imports In 2023 the top importers of Liquid dielectric transformers 650-10,000KVA were United States ($1.01B), Germany ($255M), Spain ($228M), United Kingdom ($176M), and Italy ($123M).

Ranking Liquid dielectric transformers 650-10,000KVA ranks 2627th in the Product Complexity Index (PCI).

Description L.D.T.s are used to convert three phase, 4 wire power to single phase, 2 wire power.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Liquid dielectric transformers 650-10,000KVA. 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)Mexico$612M
Top Destination (2023)United States$1.01B

In 2023 Liquid dielectric transformers 650-10,000KVA were the world's 974th most traded product (out of 4,644).

In 2023, the top exporters of Liquid dielectric transformers 650-10,000KVA were Mexico ($612M), Turkey ($563M), China ($515M), South Korea ($212M), and Poland ($148M).

In 2023, the top importers of Liquid dielectric transformers 650-10,000KVA were United States ($1.01B), Germany ($255M), Spain ($228M), United Kingdom ($176M), and Italy ($123M).

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Exporters of Liquid dielectric transformers 650-10,000KVA (2023)
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Importers of Liquid dielectric transformers 650-10,000KVA (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$267M
Top Destination Growth (2022 -  2023)United States$373M

Between 2022 and 2023, the exports of Liquid dielectric transformers 650-10,000KVA grew the fastest in China ($267M), Turkey ($209M), Mexico ($207M), South Korea ($93.6M), and Poland ($60.9M).

Between 2022 and 2023, the fastest growing importers of Liquid dielectric transformers 650-10,000KVA were United States ($373M), Germany ($106M), Spain ($81.8M), Italy ($73.1M), and Denmark ($56.2M).

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Exporters of Liquid dielectric transformers 650-10,000KVA (2022 - 2023)

Importers of Liquid dielectric transformers 650-10,000KVA (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Liquid dielectric transformers 650-10,000KVA.

In 2023, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Liquid dielectric transformers 650-10,000KVA are explained by 21 countries.

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Value of Exports in Liquid dielectric transformers 650-10,000KVA

Net Trade

TOP NET EXPORTER (2023)Mexico$593M
TOP NET IMPORTER (2023)United States$956M

This map shows which countries export or import more of Liquid dielectric transformers 650-10,000KVA. Each country is colored based on the difference in exports and imports of Liquid dielectric transformers 650-10,000KVA during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Liquid dielectric transformers 650-10,000KVA were Mexico ($593M), Turkey ($556M), China ($488M), South Korea ($204M), and Poland ($102M).

In 2023, the countries that had a largest trade value in imports than in exports of Liquid dielectric transformers 650-10,000KVA were United States ($956M), Spain ($180M), United Kingdom ($153M), Germany ($130M), and Denmark ($105M).

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 Liquid dielectric transformers 650-10,000KVA.
It is possible to select the main countries that export or import Liquid dielectric transformers 650-10,000KVA in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Liquid dielectric transformers 650-10,000KVA 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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