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850433 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.47BRnk 1786 / 4648
2022
Top Exporter | Top Importer $428M | $544MMexico | United States
2022
Product Complexity -0.35Rnk 3045 / 4653
2021 - 2022
Export Growth (CAGR) 30.3%Rnk 413 / 4648
2022
Share of World Trade 0.0062%Rnk 1786 / 4648

About

Overview This page contains the latest trade data of Transformers electric, power capacity 16-500 KVA. In 2022, Transformers electric, power capacity 16-500 KVA were the world's 1786th most traded product, with a total trade of $1.47B. Between 2021 and 2022 the exports of Transformers electric, power capacity 16-500 KVA grew by 30.3%, from $1.13B to $1.47B. Trade in Transformers electric, power capacity 16-500 KVA represent 0.0062% of total world trade.

Transformers electric, power capacity 16-500 KVA are a part of Electrical Transformers.

Exports In 2022 the top exporters of Transformers electric, power capacity 16-500 KVA  were Mexico ($428M), China ($176M), United States ($132M), Italy ($74.7M), and Canada ($71.7M).

Imports In 2022 the top importers of Transformers electric, power capacity 16-500 KVA were United States ($544M), Canada ($96.9M), Germany ($51.4M), France ($45.5M), and Japan ($38.9M).

Ranking Transformers electric, power capacity 16-500 KVA ranks 3045th in the Product Complexity Index (PCI).

Description Transformer electric power capacity 16-500 kva are used in a variety of industrial and residential settings. They are used to convert the voltage of electricity to the appropriate level for the appliance being used.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Transformers electric, power capacity 16-500 KVA. 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$428M
Top Destination (2022)United States$544M

In 2022 Transformers electric, power capacity 16-500 KVA were the world's 1786th most traded product (out of 4,648).

In 2022, the top exporters of Transformers electric, power capacity 16-500 KVA were Mexico ($428M), China ($176M), United States ($132M), Italy ($74.7M), and Canada ($71.7M).

In 2022, the top importers of Transformers electric, power capacity 16-500 KVA were United States ($544M), Canada ($96.9M), Germany ($51.4M), France ($45.5M), and Japan ($38.9M).

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Exporters of Transformers electric, power capacity 16-500 KVA (2022)
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Importers of Transformers electric, power capacity 16-500 KVA (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$109M
Top Destination Growth (2021 -  2022)United States$166M

Between 2021 and 2022, the exports of Transformers electric, power capacity 16-500 KVA grew the fastest in Mexico ($109M), China ($62.2M), United States ($27.8M), South Korea ($22.8M), and India ($22.4M).

Between 2021 and 2022, the fastest growing importers of Transformers electric, power capacity 16-500 KVA were United States ($166M), Indonesia ($32.4M), Canada ($29.8M), India ($15.4M), and Germany ($13M).

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Exporters of Transformers electric, power capacity 16-500 KVA (2021 - 2022)

Importers of Transformers electric, power capacity 16-500 KVA (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Transformers electric, power capacity 16-500 KVA.

In 2022, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Transformers electric, power capacity 16-500 KVA are explained by 17 countries.

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Value of Exports in Transformers electric, power capacity 16-500 KVA

Net Trade

TOP NET EXPORTER (2022)Mexico$391M
TOP NET IMPORTER (2022)United States$412M

This map shows which countries export or import more of Transformers electric, power capacity 16-500 KVA. Each country is colored based on the difference in exports and imports of Transformers electric, power capacity 16-500 KVA during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Transformers electric, power capacity 16-500 KVA were Mexico ($391M), China ($138M), Italy ($56.6M), India ($38.2M), and South Korea ($33.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Transformers electric, power capacity 16-500 KVA were United States ($412M), Indonesia ($37.1M), Canada ($25.2M), Japan ($17.4M), and France ($13.6M).

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 Transformers electric, power capacity 16-500 KVA.
It is possible to select the main countries that export or import Transformers electric, power capacity 16-500 KVA in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Transformers electric, power capacity 16-500 KVA 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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