NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

850432 (Harmonized System 1992 for 6-digit)

2023
World Trade $917MRnk 2202 / 4644
2023
Top Exporter | Top Importer $236M | $194MChina | United States
2023
Product Complexity 0.057Rnk 2458 / 4656
2022 - 2023
Export Growth (CAGR) -4.32%Rnk 2021 / 4644
2023
Share of World Trade 0.0041%Rnk 2202 / 4644

About

Overview This page contains the latest trade data of Transformers electric, power capacity 1-16 KVA, nes. In 2023, Transformers electric, power capacity 1-16 KVA, nes were the world's 2202nd most traded product, with a total trade of $917M. Between 2022 and 2023 the exports of Transformers electric, power capacity 1-16 KVA, nes decreased by -4.32%, from $959M to $917M. Trade in Transformers electric, power capacity 1-16 KVA, nes represent 0.0041% of total world trade.

Transformers electric, power capacity 1-16 KVA, nes are a part of Electrical Transformers.

Exports In 2023 the top exporters of Transformers electric, power capacity 1-16 KVA, nes  were China ($236M), Germany ($86M), Mexico ($76.4M), United States ($68.1M), and Canada ($28.5M).

Imports In 2023 the top importers of Transformers electric, power capacity 1-16 KVA, nes were United States ($194M), China ($51.5M), Germany ($50.9M), Japan ($50.3M), and Mexico ($37.4M).

Ranking Transformers electric, power capacity 1-16 KVA, nes ranks 2458th in the Product Complexity Index (PCI).

Description Transformers are devices that transfer electricity from one voltage to another. They are used to step down high voltage power for distribution to buildings, and to step up low voltage power for transmission to substations.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Transformers electric, power capacity 1-16 KVA, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$236M
Top Destination (2023)United States$194M

In 2023 Transformers electric, power capacity 1-16 KVA, nes were the world's 2202nd most traded product (out of 4,644).

In 2023, the top exporters of Transformers electric, power capacity 1-16 KVA, nes were China ($236M), Germany ($86M), Mexico ($76.4M), United States ($68.1M), and Canada ($28.5M).

In 2023, the top importers of Transformers electric, power capacity 1-16 KVA, nes were United States ($194M), China ($51.5M), Germany ($50.9M), Japan ($50.3M), and Mexico ($37.4M).

Explore Visualizations

Exporters of Transformers electric, power capacity 1-16 KVA, nes (2023)
[Click to Select a Country]

Importers of Transformers electric, power capacity 1-16 KVA, nes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$18.2M
Top Destination Growth (2022 -  2023)China$18.8M

Between 2022 and 2023, the exports of Transformers electric, power capacity 1-16 KVA, nes grew the fastest in Germany ($18.2M), Hong Kong ($11.5M), United States ($9.62M), Netherlands ($9.41M), and Canada ($7.7M).

Between 2022 and 2023, the fastest growing importers of Transformers electric, power capacity 1-16 KVA, nes were China ($18.8M), Saudi Arabia ($10.4M), Netherlands ($6.24M), Hungary ($5.98M), and United Kingdom ($5.83M).

Explore Visualizations

Exporters of Transformers electric, power capacity 1-16 KVA, nes (2022 - 2023)

Importers of Transformers electric, power capacity 1-16 KVA, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Transformers electric, power capacity 1-16 KVA, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Transformers electric, power capacity 1-16 KVA, nes are explained by 21 countries.

Explore Visualizations

Value of Exports in Transformers electric, power capacity 1-16 KVA, nes

Net Trade

TOP NET EXPORTER (2023)China$184M
TOP NET IMPORTER (2023)United States$126M

This map shows which countries export or import more of Transformers electric, power capacity 1-16 KVA, nes. Each country is colored based on the difference in exports and imports of Transformers electric, power capacity 1-16 KVA, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Transformers electric, power capacity 1-16 KVA, nes were China ($184M), Mexico ($39M), Germany ($35.1M), Czechia ($20.3M), and Vietnam ($16.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Transformers electric, power capacity 1-16 KVA, nes were United States ($126M), Japan ($37.9M), Brazil ($17.3M), Denmark ($16.9M), and Thailand ($15.6M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Transformers electric, power capacity 1-16 KVA, nes.
It is possible to select the main countries that export or import Transformers electric, power capacity 1-16 KVA, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Transformers electric, power capacity 1-16 KVA, nes 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms