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854389 (Harmonized System 1996 for 6-digit)

2022
World Trade $50.9BRnk 58 / 4769
2022
Top Exporter | Top Importer $19.7B | $15.1BChina | United States
2022
Product Complexity 0.81Rnk 1119 / 4776
2021 - 2022
Export Growth (CAGR) 5.95%Rnk 2152 / 4769
2022
Share of World Trade 0.21%Rnk 58 / 4769

About

Overview This page contains the latest trade data of Miscellaneous Electrical Machines/Apparatus. In 2022, Miscellaneous Electrical Machines/Apparatus were the world's 58th most traded product, with a total trade of $50.9B. Between 2021 and 2022 the exports of Miscellaneous Electrical Machines/Apparatus grew by 5.95%, from $48.1B to $50.9B. Trade in Miscellaneous Electrical Machines/Apparatus represent 0.21% of total world trade.

Miscellaneous Electrical Machines/Apparatus are a part of Electrical machines and apparatus; having individual functions, not specified or included elsewhere....

Exports In 2022 the top exporters of Miscellaneous Electrical Machines/Apparatus  were China ($19.7B), Germany ($3.33B), United States ($3.14B), Malaysia ($3.01B), and Mexico ($2.68B).

Imports In 2022 the top importers of Miscellaneous Electrical Machines/Apparatus were United States ($15.1B), China ($3.01B), Germany ($2.49B), Singapore ($2.16B), and Hong Kong ($1.81B).

Ranking Miscellaneous Electrical Machines/Apparatus ranks 1119th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Miscellaneous Electrical Machines/Apparatus. 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$19.7B
Top Destination (2022)United States$15.1B

In 2022 Miscellaneous Electrical Machines/Apparatus were the world's 58th most traded product (out of 4,769).

In 2022, the top exporters of Miscellaneous Electrical Machines/Apparatus were China ($19.7B), Germany ($3.33B), United States ($3.14B), Malaysia ($3.01B), and Mexico ($2.68B).

In 2022, the top importers of Miscellaneous Electrical Machines/Apparatus were United States ($15.1B), China ($3.01B), Germany ($2.49B), Singapore ($2.16B), and Hong Kong ($1.81B).

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Exporters of Miscellaneous Electrical Machines/Apparatus (2022)
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Importers of Miscellaneous Electrical Machines/Apparatus (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$2.27B
Top Destination Growth (2021 -  2022)United States$5.14B

Between 2021 and 2022, the exports of Miscellaneous Electrical Machines/Apparatus grew the fastest in Indonesia ($2.27B), Malaysia ($1.49B), Thailand ($749M), Mexico ($586M), and Singapore ($243M).

Between 2021 and 2022, the fastest growing importers of Miscellaneous Electrical Machines/Apparatus were United States ($5.14B), Singapore ($1.56B), United Arab Emirates ($519M), Thailand ($390M), and Laos ($248M).

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Exporters of Miscellaneous Electrical Machines/Apparatus (2021 - 2022)

Importers of Miscellaneous Electrical Machines/Apparatus (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Miscellaneous Electrical Machines/Apparatus.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Miscellaneous Electrical Machines/Apparatus are explained by 13 countries.

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Value of Exports in Miscellaneous Electrical Machines/Apparatus

Net Trade

TOP NET EXPORTER (2022)China$16.7B
TOP NET IMPORTER (2022)United States$12B

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

In 2022, the countries that had a largest trade value in exports than in imports of Miscellaneous Electrical Machines/Apparatus were China ($16.7B), Malaysia ($2.52B), Indonesia ($2.26B), Mexico ($1.34B), and Germany ($845M).

In 2022, the countries that had a largest trade value in imports than in exports of Miscellaneous Electrical Machines/Apparatus were United States ($12B), Hong Kong ($1.54B), Singapore ($1.34B), United Arab Emirates ($703M), and Netherlands ($584M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Miscellaneous Electrical Machines/Apparatus 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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