Distribution transformers trade by country: top importers, exporters and prices
World trade in distribution transformers was worth $920.6 million in 2024, about 188.9 thousand tonnes. That is an increase of 34% since 2017, and down 3% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $920.6M | 188.9K t |
| 2023 | $948.7M | 248.1K t |
| 2022 | $945.6M | 255.0K t |
| 2021 | $784.3M | 61.5K t |
| 2020 | $635.5M | 296.4K t |
| 2019 | $659.1M | 371.5K t |
| 2018 | $685.7M | 325.0K t |
| 2017 | $686.3M | 230.5K t |
Top distribution transformers exporting countries
China is the largest exporter with 25% of world exports, followed by the United States and Mexico. The top three supply 41% between them, out of 136 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $228.6M | 25% |
| United States | $75.4M | 8.2% |
| Mexico | $69.5M | 7.6% |
| Germany | $67.1M | 7.3% |
| Malaysia | $45.0M | 4.9% |
| Austria | $32.6M | 3.5% |
| Canada | $30.5M | 3.3% |
| Vietnam | $30.4M | 3.3% |
| United Kingdom | $26.4M | 2.9% |
| Czech Republic | $25.1M | 2.7% |
| Italy | $24.1M | 2.6% |
| Netherlands | $22.0M | 2.4% |
Top importing countries and buyer markets
The United States is the biggest buyer with 24% of world imports, ahead of China and Japan. Demand is spread widely: the top three take 34% across 210 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $218.2M | 24% |
| China | $46.7M | 5.1% |
| Japan | $44.2M | 4.8% |
| Germany | $40.2M | 4.4% |
| Mexico | $33.8M | 3.7% |
| Canada | $33.1M | 3.6% |
| Denmark | $32.8M | 3.6% |
| United Kingdom | $29.6M | 3.2% |
| Thailand | $27.1M | 2.9% |
| Spain | $24.7M | 2.7% |
| South Korea | $23.6M | 2.6% |
| Malaysia | $22.5M | 2.4% |
Average price per kg
The world average declared value was about $4.87 per kg in 2024. Among the main exporters, Austria averaged $77.10 per kg and China $2.86 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Distribution transformers (HS 8504.32) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8504.32: Transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 1kVA but not exceeding 16kVA. HS 8504 codes.
Common questions
Which countries export the most distribution transformers?
China exported $228.6 million in 2024, 25% of the world total, followed by the United States (8%) and Mexico (8%). In all, 136 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most distribution transformers?
The United States imported $218.2 million in 2024, 24% of world imports, ahead of China (5%) and Japan (5%). The top three importers together take 34%. Each country with its own page is linked from the table.
How big is the world trade in distribution transformers?
It was worth $920.6 million in 2024, about 188.9 thousand tonnes. That is an increase of 34% since 2017. The peak year was 2023 at $948.7 million. 136 countries reported exports and 210 reported imports.
What is the average price of distribution transformers per kg?
The world average declared value was about $4.87 per kg in 2024. Among the main exporters, Austria averaged $77.10 per kg and China $2.86 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for distribution transformers?
The HS code for distribution transformers is subheading 8504.32, in chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 8504 page.
How can I find distribution transformers buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading distribution transformers, from direct customs feeds and mirror data. Tell us your markets to see them live.
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