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853710 (Harmonized System 1992 for 6-digit)

2022
World Trade $73.3BRnk 39 / 4648
2022
Top Exporter | Top Importer $12.7B | $16BChina | United States
2022
Product Complexity 0.44Rnk 1738 / 4653
2021 - 2022
Export Growth (CAGR) 7.2%Rnk 1936 / 4648
2022
Share of World Trade 0.31%Rnk 39 / 4648

About

Overview This page contains the latest trade data of Electrical control and distribution boards, < 1kV. In 2022, Electrical control and distribution boards, < 1kV were the world's 39th most traded product, with a total trade of $73.3B. Between 2021 and 2022 the exports of Electrical control and distribution boards, < 1kV grew by 7.2%, from $68.3B to $73.3B. Trade in Electrical control and distribution boards, < 1kV represent 0.31% of total world trade.

Electrical control and distribution boards, < 1kV are a part of Electrical Control Boards.

Exports In 2022 the top exporters of Electrical control and distribution boards, < 1kV  were China ($12.7B), Germany ($10.4B), Mexico ($6.98B), United States ($5.84B), and Japan ($3.46B).

Imports In 2022 the top importers of Electrical control and distribution boards, < 1kV were United States ($16B), Germany ($8.35B), China ($5.18B), France ($2.24B), and United Kingdom ($2.17B).

Ranking Electrical control and distribution boards, < 1kV ranks 1738th in the Product Complexity Index (PCI).

Description The electrical control and distribution boards are used for the distribution of electricity from the main distribution board to the circuits and equipment. They are also used for the protection of the electrical devices.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Electrical control and distribution boards, < 1kV. 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$12.7B
Top Destination (2022)United States$16B

In 2022 Electrical control and distribution boards, < 1kV were the world's 39th most traded product (out of 4,648).

In 2022, the top exporters of Electrical control and distribution boards, < 1kV were China ($12.7B), Germany ($10.4B), Mexico ($6.98B), United States ($5.84B), and Japan ($3.46B).

In 2022, the top importers of Electrical control and distribution boards, < 1kV were United States ($16B), Germany ($8.35B), China ($5.18B), France ($2.24B), and United Kingdom ($2.17B).

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Exporters of Electrical control and distribution boards, < 1kV (2022)
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Importers of Electrical control and distribution boards, < 1kV (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.79B
Top Destination Growth (2021 -  2022)United States$2.63B

Between 2021 and 2022, the exports of Electrical control and distribution boards, < 1kV grew the fastest in China ($1.79B), Mexico ($1.63B), Poland ($872M), United States ($704M), and Chinese Taipei ($422M).

Between 2021 and 2022, the fastest growing importers of Electrical control and distribution boards, < 1kV were United States ($2.63B), Germany ($1.1B), Canada ($470M), France ($391M), and United Kingdom ($309M).

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Exporters of Electrical control and distribution boards, < 1kV (2021 - 2022)

Importers of Electrical control and distribution boards, < 1kV (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical control and distribution boards, < 1kV.

In 2022, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Electrical control and distribution boards, < 1kV are explained by 23 countries.

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Value of Exports in Electrical control and distribution boards, < 1kV

Net Trade

TOP NET EXPORTER (2022)China$7.48B
TOP NET IMPORTER (2022)United States$10.1B

This map shows which countries export or import more of Electrical control and distribution boards, < 1kV. Each country is colored based on the difference in exports and imports of Electrical control and distribution boards, < 1kV during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrical control and distribution boards, < 1kV were China ($7.48B), Mexico ($5.05B), Romania ($2.36B), Germany ($2.03B), and Japan ($1.82B).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical control and distribution boards, < 1kV were United States ($10.1B), Hong Kong ($1.27B), Spain ($742M), Turkey ($696M), and Italy ($664M).

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 Electrical control and distribution boards, < 1kV.
It is possible to select the main countries that export or import Electrical control and distribution boards, < 1kV in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical control and distribution boards, < 1kV 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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