Electrical Machinery is the Most Traded Global Product

01 August 2017
Electrical Machinery Data

Electrical Machinery is a general term for electric motors and electric generators and other electromagnetic machines. It is also called electromechanical energy converters. An Electric motors convert electricity to mechanical power while an electric generator converts mechanical power to electricity. The product under Chapter 85 i.e. electrical machinery and equipment and its parts, are the most exported and imported global product. China is the largest country for Electrical Mechanical in both Imports and Exports around the globe. Here, we take a comprehensive look at the electrical machinery and equipment trade data with the top exporter and importer countries.



Top 10 Exporter Countries of Electrical Machinery & Equipment


China is the largest exporter country of Electrical Machinery and equipment. China recorded export value of USD 557061947 thousand during the year 2016. It is exporting these products in around 220 countries across the world and Hong Kong, USA, Korea, Japan are its top electrical machinery equipment importer countries. The most exported electrical machinery equipment by China is telephone sets including telephones for cellular networks, with the value of USD 201648531 thousand in 2016. Here, we are providing the table for top 10 electrical machinery equipment exporter countries.



 

Exporter Country

Value (USD Thousand)

China

557061947

Hong Kong

259511175

USA

167197001

Germany

137733789

Korea

134302657

Taipei

124144490

Singapore

114842296

Japan

98151189

Vietnam

77123740

Mexico

76445686

*above stats are based on report of 2016


Hong Kong stood as second largest electrical mechanical and equipment exporter country, which registered USD 259511175 thousand value in the year 2016. It is exporting in more than 180 countries across the world. China, USA and India are its top importer countries. However, Hong Kong has registered 64.2% export value from China only. Hong Kong is majorly exporting electronic integrated circuits which come under HS code 8542 and Telephone sets under HS code 8517.


United States of America recorded USD 167197001 thousand value from electrical machinery exports during the year 2016. Mexico and Canada are its top importer countries of electrical machinery equipment and spare parts. USA is also majorly exporting the products under HS code 8542 and 8517 which are electronic integrated circuits and telephone sets respectively.


 

10 Largest Electrical Machinery Importer Countries in World


China is also the largest electrical machinery importer country in the world, recorded USD 414337517 thousand in 2016. China’s imports represent 16.6% of world imports for this product. China is importing electrical machinery equipment and its spare parts from more than 160 countries. Taipei is the largest exporter of China for this product and China has re-imported with a value of USD 88074449 during the year 2016. Re-importation in the same county will be allowed even if only a part of the exported goods is re-imported. Check the following table to know the ten largest electrical machinery importer countries in the world.




 

Importer Country

Value (USD Thousand)

China

414337517

USA

335969768

Hong Kong

276733800

Germany

132062708

Japan

89834015

Singapore

84880356

Mexico

84242971

Korea

75144742

Netherlands

66616700

Taipei

58440671

*above stats are based on report of 2016


United States of America stood as second largest electrical machinery importer country in the world. USA registered import value of USD 335969768 thousand for this product in 2016. It is majorly importing the product under HS code 8517 i.e. Telephone sets including telephones for cellular networks or for other wireless networks. There are around 200 exporter countries of USA of electrical machinery equipment including China, Mexico, Malaysia, Japan etc.


Hong Kong registered USD 276733800 thousand value from electrical mechanical equipment imports in the year 2016. It is importing from more than 140 countries while China, Taipei, Korea are its top electrical mechanical equipment exporters.


 

Get Sample of Electrical Machinery Import Export Data


As we mentioned above, Electrical Machinery and equipment and its parts including sound recorders and reproducers, televisions etc. are the top global product in Import Export business. You will easily get the electrical machinery and equipment customs data from Export Genius. Here, we are providing the sample export data of Netherlands for this product including HS code, product description, quantity, total value and exporter country.


Year

2017

Month

January

HS Code

85014020

Product Description

AC Motors, Single Phase of an output of >37, 5 watt, but <=750 watt

Quantity

8208 KGS

Total Value

166042.769

Exporter Country

Netherlands

Importer Country and More Columns

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