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Electrical parts of machinery or apparatus; not specified or elsewhere included in this chapter

854800 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.44BRnk 603 / 4648
2022
Top Exporter | Top Importer $3.15B | $1.2BChina | Hong Kong
2022
Product Complexity 0.048Rnk 2450 / 4653
2021 - 2022
Export Growth (CAGR) 5.71%Rnk 2140 / 4648
2022
Share of World Trade 0.027%Rnk 603 / 4648

About

Overview This page contains the latest trade data of Unspecified electrical machinery parts. In 2022, Unspecified electrical machinery parts were the world's 603rd most traded product, with a total trade of $6.44B. Between 2021 and 2022 the exports of Unspecified electrical machinery parts grew by 5.71%, from $6.09B to $6.44B. Trade in Unspecified electrical machinery parts represent 0.027% of total world trade.

Unspecified electrical machinery parts are a part of Electrical Parts.

Exports In 2022 the top exporters of Unspecified electrical machinery parts  were China ($3.15B), Japan ($785M), United States ($341M), Chinese Taipei ($288M), and Germany ($237M).

Imports In 2022 the top importers of Unspecified electrical machinery parts were Hong Kong ($1.2B), Vietnam ($1.19B), China ($858M), United States ($421M), and Mexico ($334M).

Ranking Unspecified electrical machinery parts ranks 2450th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unspecified electrical machinery parts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$3.15B
Top Destination (2022)Hong Kong$1.2B

In 2022 Unspecified electrical machinery parts were the world's 603rd most traded product (out of 4,648).

In 2022, the top exporters of Unspecified electrical machinery parts were China ($3.15B), Japan ($785M), United States ($341M), Chinese Taipei ($288M), and Germany ($237M).

In 2022, the top importers of Unspecified electrical machinery parts were Hong Kong ($1.2B), Vietnam ($1.19B), China ($858M), United States ($421M), and Mexico ($334M).

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Exporters of Unspecified electrical machinery parts (2022)
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Importers of Unspecified electrical machinery parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$932M
Top Destination Growth (2021 -  2022)Vietnam$874M

Between 2021 and 2022, the exports of Unspecified electrical machinery parts grew the fastest in China ($932M), United States ($156M), Malaysia ($40.4M), Mexico ($33.2M), and Hungary ($32.7M).

Between 2021 and 2022, the fastest growing importers of Unspecified electrical machinery parts were Vietnam ($874M), Hong Kong ($380M), Mexico ($171M), India ($60.3M), and Singapore ($30.1M).

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Exporters of Unspecified electrical machinery parts (2021 - 2022)

Importers of Unspecified electrical machinery parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unspecified electrical machinery parts.

In 2022, market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Unspecified electrical machinery parts are explained by 9 countries.

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Value of Exports in Unspecified electrical machinery parts

Net Trade

TOP NET EXPORTER (2022)China$2.29B
TOP NET IMPORTER (2022)Vietnam$1.12B

This map shows which countries export or import more of Unspecified electrical machinery parts. Each country is colored based on the difference in exports and imports of Unspecified electrical machinery parts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Unspecified electrical machinery parts were China ($2.29B), Japan ($643M), Chinese Taipei ($84.7M), Thailand ($61.6M), and South Korea ($41.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Unspecified electrical machinery parts were Vietnam ($1.12B), Hong Kong ($1.11B), Mexico ($153M), India ($116M), and Germany ($84.7M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Unspecified electrical machinery parts.
It is possible to select the main countries that export or import Unspecified electrical machinery parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unspecified electrical machinery parts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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