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Vietnam | Imports and Exports | World | Electrical transformers, static converters | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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The value of exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" from Vietnam totalled $ 4.01 billion in 2022. Sales of commodity group 8504 from Vietnam decreased by 3.87% in value terms compared to 2021. exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" decreased by $ 162 million (cumulative exports of commodity group 8504 from Vietnam amounted $4.18 billion in 2021)

Exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" amounted to 1.08% of total exports from Vietnam (cumulative merchandise exports from Vietnam totalled $ 370 billion in 2022). The share of commodity group 8504 in total exports from Vietnam decreased by 0.161 p.p. compared to 2021 (it was 1.24% in 2021 and cumulative exports from Vietnam were equal to $ 335 billion).

Exports of commodity group 8504 amounted to 2.86% of total sales of group "" from Vietnam in 2022 (the value of exports of commodity group from Vietnam amounted to $140 billion in 2022). The share of exports of commodity group 8504 in sales of commodity group from Vietnam lowered by 0.318 p.p. compared to 2021 (it was 3.18% in 2021, and exports of commodity group from Vietnam were $131 billion).

Exports | Vietnam | 8504

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

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

Top export destinations of "Electrical transformers, static converters (for example, rectifiers) and inductors" from Vietnam in 2022:

USA with a share of 38% (1.54 billion US$)
China with a share of 7.19% (289 million US$)
Chile with a share of 6.57% (264 million US$)
Japan with a share of 6.2% (249 million US$)
Hong Kong with a share of 4.51% (181 million US$)
Korea with a share of 3.96% (159 million US$)
Australia with a share of 2.89% (116 million US$)
Mexico with a share of 2.66% (107 million US$)
Netherlands with a share of 2.5% (100 million US$)
Singapore with a share of 2.08% (83 million US$)

Exports structure of 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors - from Vietnam in 2022 represented by the following main commodity groups:

74% (2.99 billion US$): 850440 - Static converters
10.2% (413 million US$): 850450 - Inductors, n.e.s. (excl. for cathode ray tubes)
9.58% (385 million US$): 850490 - Parts of the machines of 85.04
3.26% (131 million US$): 850431 - Electrical transformers (excl. dielectric) having a power handling cap. not >1kVA
0.766% (30 million US$): 850422 - Liquid dielectric transformers having a power handling cap. >650kVA but not >10000kVA
0.544% (21 million US$): 850421 - Liquid dielectric transformers having a power handling cap. not >650kVA
0.521% (20 million US$): 850423 - Liquid dielectric transformers having a power handling cap. >10000kVA
0.255% (10.2 million US$): 850432 - Electrical transformers (excl. dielectric) having a power handling cap. >1kVA but not >16kVA
0.194% (7.83 million US$): 850433 - Electrical transformers (excl. dielectric) having a power handling cap. >16 kVA but not >500kVA
0.029% (1.18 million US$): 850434 - Electrical transformers (excl. dielectric) having a power handling cap. >500kVA

The value of imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" to Vietnam totalled $ 2.52 billion in 2022. Sales of commodity group 8504 to Vietnam went up by 5.93% compared to 2021: imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 141 million (the value of imports of commodity group 8504 to Vietnam was equal to $2.37 billion in 2021)

Imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" accounted for 0.702% of total import flow to Vietnam (in 2022, total imports to Vietnam amounted to $ 358 billion). The share of commodity group 8504 in total imports to Vietnam decreased by 0.016 p.p. compared to 2021 (it was 0.719% in 2021 and cumulative imports to Vietnam were equal to $ 330 billion).

Imports of commodity group 8504 reached 2.05% of total imports of group "" to Vietnam in 2022 (imports of commodity group to Vietnam totalled $122 billion in 2022). The share of purchases of commodity group 8504 in total imports of commodity group to Vietnam increased by 0.039 p.p. compared to 2021 (it was 2.01% in 2021, and imports of commodity group to Vietnam accounted for $118 billion).

Imports | Vietnam | 8504

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