USA | Imports and Exports | World | Electrical transformers, static converters | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 8504. Electrical transformers, static converters (for example, rectifiers) and inductors | USA | World | Exports | Value (US$) | 5,758,610,718.00 | 6,194,866,472.00 | 6,291,033,414.00 | 6,482,419,234.00 | 5,768,110,478.00 | 5,963,937,471.00 | 6,324,953,579.00 | 5,953,408,952.00 | 5,613,491,068.00 | 6,164,573,929.00 | 7,180,958,504.00 | 8,142,333,420.00 |
| Value Growth, YoY (%) | 2.26 | 7.57 | 1.55 | 3.04 | -11.01 | 3.39 | 6.05 | -5.87 | -5.70 | 9.81 | 16.48 | 13.38 | ||||
| Imports | Value (US$) | 13,102,381,819.00 | 13,476,425,765.00 | 14,223,540,236.00 | 14,538,413,190.00 | 14,162,309,255.00 | 14,205,068,114.00 | 15,368,900,159.00 | 15,094,401,140.00 | 16,145,717,226.00 | 18,972,202,999.00 | 23,428,787,974.00 | 27,362,750,372.00 | |||
| Value Growth, YoY (%) | 3.88 | 2.85 | 5.54 | 2.21 | -2.58 | 0.30 | 8.19 | -1.78 | 6.96 | 17.50 | 23.49 | 16.79 |
The value of exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" from USA totalled $ 8.14 billion in 2023. Sales of commodity group 8504 from USA went up by 13.3% compared to 2022: exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 961 million (cumulative exports of commodity group 8504 from USA amounted $7.18 billion in 2022)
Exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" amounted to 0.403% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 8504 in total exports from USA increased by 0.055 p.p. compared to 2022 (it was 0.348% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).
Exports of commodity group 8504 amounted to 4.05% of total sales of group "" from USA in 2023 (the value of exports of commodity group from USA amounted to $200 billion in 2023). The share of exports of commodity group 8504 in sales of commodity group from USA increased by 0.426 p.p. compared to 2022 (it was 3.63% in 2022, and exports of commodity group from USA were $197 billion).
Where does USA export Electrical transformers, static converters (for example, rectifiers) and inductors?
Top export destinations of "Electrical transformers, static converters (for example, rectifiers) and inductors" from USA in 2023:
- Mexico with a share of 28% (2.3 billion US$)
- Canada with a share of 20% (1.63 billion US$)
- China with a share of 4.54% (370 million US$)
- Germany with a share of 4.38% (357 million US$)
- Netherlands with a share of 4.31% (351 million US$)
- Singapore with a share of 2.42% (197 million US$)
- Korea with a share of 2.25% (183 million US$)
- Other Asia, nes with a share of 2.14% (174 million US$)
- Japan with a share of 2.12% (173 million US$)
- Hong Kong with a share of 2.08% (169 million US$)
Exports structure of 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors - from USA in 2023 represented by the following main commodity groups:
- 72% (5.87 billion US$): 850440 - Static converters
- 9.77% (795 million US$): 850490 - Parts of the machines of 85.04
- 6.58% (535 million US$): 850450 - Inductors, n.e.s. (excl. for cathode ray tubes)
- 4.43% (361 million US$): 850431 - Electrical transformers (excl. dielectric) having a power handling cap. not >1kVA
- 2.51% (204 million US$): 850433 - Electrical transformers (excl. dielectric) having a power handling cap. >16 kVA but not >500kVA
- 1.12% (91 million US$): 850421 - Liquid dielectric transformers having a power handling cap. not >650kVA
- 0.994% (80 million US$): 850432 - Electrical transformers (excl. dielectric) having a power handling cap. >1kVA but not >16kVA
- 0.834% (67 million US$): 850434 - Electrical transformers (excl. dielectric) having a power handling cap. >500kVA
- 0.723% (58 million US$): 850422 - Liquid dielectric transformers having a power handling cap. >650kVA but not >10000kVA
- 0.543% (44 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 USA totalled $ 27 billion in 2023. Sales of commodity group 8504 to USA went up by 16.7% compared to 2022: imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 3.93 billion (the value of imports of commodity group 8504 to USA was equal to $23 billion in 2022)
Imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" accounted for 0.863% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 8504 in total imports to USA increased by 0.168 p.p. compared to 2022 (it was 0.694% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).
Imports of commodity group 8504 reached 5.9% of total imports of group "" to USA in 2023 (imports of commodity group to USA totalled $463 billion in 2023). The share of purchases of commodity group 8504 in total imports of commodity group to USA increased by 0.995 p.p. compared to 2022 (it was 4.91% in 2022, and imports of commodity group to USA accounted for $477 billion).
Where does USA import Electrical transformers, static converters (for example, rectifiers) and inductors from?
Top trading partners (import of "Electrical transformers, static converters (for example, rectifiers) and inductors") of USA in 2023:
- Mexico with a share of 20% (5.74 billion US$)
- China with a share of 15.6% (4.27 billion US$)
- Thailand with a share of 7.73% (2.11 billion US$)
- Vietnam with a share of 5.6% (1.53 billion US$)
- Japan with a share of 4.98% (1.36 billion US$)
- Canada with a share of 4.77% (1.3 billion US$)
- Other Asia, nes with a share of 4.76% (1.3 billion US$)
- Korea with a share of 4.72% (1.29 billion US$)
- Spain with a share of 3.81% (1.04 billion US$)
- India with a share of 3.75% (1.02 billion US$)
Imports structure of 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors - to USA in 2023 represented by the following main commodity groups:
- 65% (17.9 billion US$): 850440 - Static converters
- 8.82% (2.41 billion US$): 850490 - Parts of the machines of 85.04
- 7.04% (1.92 billion US$): 850423 - Liquid dielectric transformers having a power handling cap. >10000kVA
- 3.94% (1.07 billion US$): 850421 - Liquid dielectric transformers having a power handling cap. not >650kVA
- 3.92% (1.07 billion US$): 850450 - Inductors, n.e.s. (excl. for cathode ray tubes)
- 3.82% (1.04 billion US$): 850422 - Liquid dielectric transformers having a power handling cap. >650kVA but not >10000kVA
- 2.47% (677 million US$): 850433 - Electrical transformers (excl. dielectric) having a power handling cap. >16 kVA but not >500kVA
- 2.02% (552 million US$): 850431 - Electrical transformers (excl. dielectric) having a power handling cap. not >1kVA
- 1.21% (333 million US$): 850434 - Electrical transformers (excl. dielectric) having a power handling cap. >500kVA
- 0.709% (194 million US$): 850432 - Electrical transformers (excl. dielectric) having a power handling cap. >1kVA but not >16kVA
