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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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Commodity	Reporter	Partner	Trade flow	Indicator	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
8504. Electrical transformers, static converters (for example, rectifiers) and inductors	India	World	Exports	Value (US$)	968,133,832.00	1,006,341,322.00	1,083,298,101.00	1,155,719,248.00	1,198,939,107.00	1,208,310,412.33	1,436,254,503.12	1,898,901,608.97	1,699,913,163.75	2,141,826,032.10	2,679,714,948.02	2,852,295,476.15
			Exports	Value Growth, YoY (%)	-9.87	3.94	7.64	6.68	3.73	0.78	18.86	32.21	-10.47	25.99	25.11	6.44
			Imports	Value (US$)	1,355,610,556.00	1,450,554,137.00	1,355,953,866.00	1,400,683,711.00	1,481,558,622.00	1,855,885,473.02	2,146,038,952.29	2,208,202,806.12	1,897,191,030.71	2,587,972,556.00	2,805,073,414.04	3,118,765,240.45
			Imports	Value Growth, YoY (%)	-7.57	7.00	-6.52	3.29	5.77	25.26	15.63	2.89	-14.08	36.41	8.38	11.18

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