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India | Imports and Exports | World | Electrical transformers, static converters | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" from India totalled $ 2.85 billion in 2023. Sales of commodity group 8504 from India went up by 6.44% compared to 2022: exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 172 million (cumulative exports of commodity group 8504 from India amounted $2.67 billion in 2022)

Exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" amounted to 0.661% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 8504 in total exports from India increased by 0.069 p.p. compared to 2022 (it was 0.591% in 2022 and cumulative exports from India were equal to $ 452 billion).

Exports of commodity group 8504 amounted to 8.82% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $32 billion in 2023). The share of exports of commodity group 8504 in sales of commodity group from India lowered by 1.25 p.p. compared to 2022 (it was 10% in 2022, and exports of commodity group from India were $26 billion).

Exports | India | 8504

Export destinations of 8504 Electrical transformers, static converters (for example, rectifiers) and inductors from India

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Where does India export Electrical transformers, static converters (for example, rectifiers) and inductors?

Top export destinations of "Electrical transformers, static converters (for example, rectifiers) and inductors" from India in 2023:

USA with a share of 29% (846 million US$)
Netherlands with a share of 9.61% (274 million US$)
China with a share of 5.93% (169 million US$)
United Kingdom with a share of 5.77% (164 million US$)
Germany with a share of 3.28% (93 million US$)
Hong Kong with a share of 2.83% (80 million US$)
France with a share of 2.4% (68 million US$)
United Arab Emirates with a share of 2.39% (68 million US$)
Mexico with a share of 2.35% (67 million US$)
Bangladesh with a share of 1.6% (45 million US$)

Exports structure of 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors - from India in 2023 represented by the following main commodity groups:

56% (1.61 billion US$): 850440 - Static converters
15.7% (449 million US$): 850490 - Parts of the machines of 85.04
7.36% (210 million US$): 850421 - Liquid dielectric transformers having a power handling cap. not >650kVA
4.81% (137 million US$): 850431 - Electrical transformers (excl. dielectric) having a power handling cap. not >1kVA
4.39% (125 million US$): 850423 - Liquid dielectric transformers having a power handling cap. >10000kVA
3.9% (111 million US$): 850422 - Liquid dielectric transformers having a power handling cap. >650kVA but not >10000kVA
3.27% (93 million US$): 850433 - Electrical transformers (excl. dielectric) having a power handling cap. >16 kVA but not >500kVA
1.53% (43 million US$): 850450 - Inductors, n.e.s. (excl. for cathode ray tubes)
1.05% (30 million US$): 850434 - Electrical transformers (excl. dielectric) having a power handling cap. >500kVA
0.896% (25 million US$): 850410 - Ballasts for discharge lamps/tubes

The value of imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" to India totalled $ 3.11 billion in 2023. Sales of commodity group 8504 to India went up by 11.1% compared to 2022: imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 313 million (the value of imports of commodity group 8504 to India was equal to $2.8 billion in 2022)

Imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" accounted for 0.464% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8504 in total imports to India increased by 0.081 p.p. compared to 2022 (it was 0.382% in 2022 and cumulative imports to India were equal to $ 732 billion).

Imports of commodity group 8504 reached 4.1% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $76 billion in 2023). The share of purchases of commodity group 8504 in total imports of commodity group to India increased by 0.074 p.p. compared to 2022 (it was 4.02% in 2022, and imports of commodity group to India accounted for $69 billion).

Imports | India | 8504

Sources of imports of 8504 Electrical transformers, static converters (for example, rectifiers) and inductors for India