Electrical Transformers in India | The Observatory of Economic Complexity

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Exports In 2022, India exported $2.88B in Electrical Transformers, making it the 11th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 22nd most exported product in India. The main destination of Electrical Transformers exports from India are: United States ($944M), Netherlands ($236M), China ($220M), United Kingdom ($123M), and Kuwait ($78.5M).

The fastest growing export markets for Electrical Transformers of India between 2021 and 2022 were United States ($174M), Netherlands ($109M), and Kuwait ($67.1M).

Imports In 2022, India imported $2.96B in Electrical Transformers, becoming the 13th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 28th most imported product in India. India imports Electrical Transformers primarily from: China ($1.64B), Hong Kong ($217M), Germany ($202M), Singapore ($146M), and Japan ($98.5M).

The fastest growing import markets in Electrical Transformers for India between 2021 and 2022 were China ($159M), Singapore ($45.3M), and Germany ($39.3M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (95), SIEMENS MOBILITY, INC. (2), and CLOUD NETWORK TECHNOLOGY USA INC. (2) were at the forefront of shipping Electrical Transformers from India to the United States.

Mar 2024

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

The following visualization shows the latest trends on Electrical Transformers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$2.88B

IMPORTS (2022)$2.96B

NET TRADE (2022)-$78.1M

In 2022, India exported $2.88B in Electrical Transformers. The main destinations of India exports on Electrical Transformers were United States ($944M), Netherlands ($236M), China ($220M), United Kingdom ($123M), and Kuwait ($78.5M).

In 2022, India imported $2.96B in Electrical Transformers, mainly from China ($1.64B), Hong Kong ($217M), Germany ($202M), Singapore ($146M), and Japan ($98.5M).