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854390 (Harmonized System 1992 for 6-digit)

2022
World Trade $10.7BRnk 362 / 4648
2022
Top Exporter | Top Importer $3.68B | $1.96BChina | United States
2022
Product Complexity 0.71Rnk 1266 / 4653
2021 - 2022
Export Growth (CAGR) -6.69%Rnk 3717 / 4648
2022
Share of World Trade 0.045%Rnk 362 / 4648

About

Overview This page contains the latest trade data of Parts of electrical machines and apparatus nes. In 2022, Parts of electrical machines and apparatus nes were the world's 362nd most traded product, with a total trade of $10.7B. Between 2021 and 2022 the exports of Parts of electrical machines and apparatus nes decreased by -6.69%, from $11.5B to $10.7B. Trade in Parts of electrical machines and apparatus nes represent 0.045% of total world trade.

Parts of electrical machines and apparatus nes are a part of Other Electrical Machinery.

Exports In 2022 the top exporters of Parts of electrical machines and apparatus nes  were China ($3.68B), United States ($1.12B), Japan ($1.08B), Singapore ($707M), and Germany ($569M).

Imports In 2022 the top importers of Parts of electrical machines and apparatus nes were United States ($1.96B), China ($923M), Hong Kong ($835M), Singapore ($575M), and Japan ($466M).

Ranking Parts of electrical machines and apparatus nes ranks 1266th in the Product Complexity Index (PCI).

Description The main parts of an electrical machine are the stator, the rotor, armature coils, a commutator, brushes, and a slip ring. The stator is a stationary set of metal coils that supply the electric current to the rotor. The rotor is a rotating set of coils that creates a magnetic field. The armature coils are the set of coils that generate the electric current that powers the machine. The commutator is a set of contacts that transfers the electric current from the armature coils to the brushes which come in contact with the slip ring. The brushes are the

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of electrical machines and apparatus 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.

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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$3.68B
Top Destination (2022)United States$1.96B

In 2022 Parts of electrical machines and apparatus nes were the world's 362nd most traded product (out of 4,648).

In 2022, the top exporters of Parts of electrical machines and apparatus nes were China ($3.68B), United States ($1.12B), Japan ($1.08B), Singapore ($707M), and Germany ($569M).

In 2022, the top importers of Parts of electrical machines and apparatus nes were United States ($1.96B), China ($923M), Hong Kong ($835M), Singapore ($575M), and Japan ($466M).

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Exporters of Parts of electrical machines and apparatus nes (2022)
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Importers of Parts of electrical machines and apparatus nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$161M
Top Destination Growth (2021 -  2022)Indonesia$121M

Between 2021 and 2022, the exports of Parts of electrical machines and apparatus nes grew the fastest in United States ($161M), Chinese Taipei ($69.8M), South Korea ($69.1M), Singapore ($44.5M), and Israel ($41.8M).

Between 2021 and 2022, the fastest growing importers of Parts of electrical machines and apparatus nes were Indonesia ($121M), Russia ($65.3M), United Arab Emirates ($54.4M), Democratic Republic of the Congo ($47.8M), and Qatar ($44.2M).

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Exporters of Parts of electrical machines and apparatus nes (2021 - 2022)

Importers of Parts of electrical machines and apparatus nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of electrical machines and apparatus nes.

In 2022, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Parts of electrical machines and apparatus nes are explained by 14 countries.

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Value of Exports in Parts of electrical machines and apparatus nes

Net Trade

TOP NET EXPORTER (2022)China$2.75B
TOP NET IMPORTER (2022)United States$841M

This map shows which countries export or import more of Parts of electrical machines and apparatus nes. Each country is colored based on the difference in exports and imports of Parts of electrical machines and apparatus nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of electrical machines and apparatus nes were China ($2.75B), Japan ($610M), Germany ($170M), Thailand ($137M), and Singapore ($132M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of electrical machines and apparatus nes were United States ($841M), Hong Kong ($723M), Malaysia ($232M), France ($181M), and Indonesia ($176M).

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 Parts of electrical machines and apparatus nes.
It is possible to select the main countries that export or import Parts of electrical machines and apparatus nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of electrical machines and apparatus 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 (2022)

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