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850422 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.67BRnk 1235 / 4648
2022
Top Exporter | Top Importer $409M | $671MMexico | United States
2022
Product Complexity -0.24Rnk 2867 / 4653
2021 - 2022
Export Growth (CAGR) 31.3%Rnk 387 / 4648
2022
Share of World Trade 0.011%Rnk 1235 / 4648

About

Overview This page contains the latest trade data of Liquid dielectric transformers 650-10,000KVA. In 2022, Liquid dielectric transformers 650-10,000KVA were the world's 1235th most traded product, with a total trade of $2.67B. Between 2021 and 2022 the exports of Liquid dielectric transformers 650-10,000KVA grew by 31.3%, from $2.03B to $2.67B. Trade in Liquid dielectric transformers 650-10,000KVA represent 0.011% of total world trade.

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

Exports In 2022 the top exporters of Liquid dielectric transformers 650-10,000KVA  were Mexico ($409M), Turkey ($367M), China ($335M), South Korea ($121M), and Poland ($111M).

Imports In 2022 the top importers of Liquid dielectric transformers 650-10,000KVA were United States ($671M), Germany ($209M), Spain ($163M), United Kingdom ($140M), and France ($100M).

Ranking Liquid dielectric transformers 650-10,000KVA ranks 2867th 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 (2022)Mexico$409M
Top Destination (2022)United States$671M

In 2022 Liquid dielectric transformers 650-10,000KVA were the world's 1235th most traded product (out of 4,648).

In 2022, the top exporters of Liquid dielectric transformers 650-10,000KVA were Mexico ($409M), Turkey ($367M), China ($335M), South Korea ($121M), and Poland ($111M).

In 2022, the top importers of Liquid dielectric transformers 650-10,000KVA were United States ($671M), Germany ($209M), Spain ($163M), United Kingdom ($140M), and France ($100M).

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Exporters of Liquid dielectric transformers 650-10,000KVA (2022)
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Importers of Liquid dielectric transformers 650-10,000KVA (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$174M
Top Destination Growth (2021 -  2022)United States$323M

Between 2021 and 2022, the exports of Liquid dielectric transformers 650-10,000KVA grew the fastest in Mexico ($174M), China ($158M), Turkey ($123M), South Korea ($53.4M), and Hungary ($35.3M).

Between 2021 and 2022, the fastest growing importers of Liquid dielectric transformers 650-10,000KVA were United States ($323M), United Kingdom ($43.2M), Germany ($41M), Brazil ($31.1M), and Sweden ($24.8M).

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Exporters of Liquid dielectric transformers 650-10,000KVA (2021 - 2022)

Importers of Liquid dielectric transformers 650-10,000KVA (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.56. This means that most of the exports of Liquid dielectric transformers 650-10,000KVA are explained by 23 countries.

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

Net Trade

TOP NET EXPORTER (2022)Mexico$396M
TOP NET IMPORTER (2022)United States$611M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Liquid dielectric transformers 650-10,000KVA were Mexico ($396M), Turkey ($357M), China ($314M), South Korea ($117M), and Hungary ($80.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Liquid dielectric transformers 650-10,000KVA were United States ($611M), United Kingdom ($121M), Germany ($102M), Spain ($94.1M), and Denmark ($71.4M).

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 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 (2022)

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