Electrical components trade by country: top importers, exporters and prices
World trade in electrical components was worth $5.73 billion in 2024, about 2.31 million tonnes. That is a fall of 42% since 2017, and up 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 | $5.73B | 2.31M t |
| 2023 | $5.55B | 2.22M t |
| 2022 | $5.95B | 2.89M t |
| 2021 | $7.56B | 2.07M t |
| 2020 | $5.55B | 1.71M t |
| 2019 | $6.11B | 1.93M t |
| 2018 | $6.26B | 1.75M t |
| 2017 | $9.86B | 1.73M t |
Top electrical components exporting countries
China is the largest exporter with 21% of world exports, followed by the United States and Japan. The top three supply 52% between them, out of 204 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $1.22B | 21% |
| United States | $1.15B | 20% |
| Japan | $604.4M | 11% |
| Germany | $234.9M | 4.1% |
| Thailand | $185.2M | 3.2% |
| Taiwan | $178.0M | 3.1% |
| France | $161.7M | 2.8% |
| Mexico | $148.2M | 2.6% |
| Netherlands | $141.9M | 2.5% |
| Italy | $107.6M | 1.9% |
| South Korea | $106.9M | 1.9% |
| Malaysia | $89.8M | 1.6% |
Top importing countries and buyer markets
Mexico is the biggest buyer with 12% of world imports, ahead of Hong Kong and China. Demand is spread widely: the top three take 32% across 215 importing countries.
| Importer | Value | Share |
|---|---|---|
| Mexico | $687.3M | 12% |
| Hong Kong | $599.7M | 11% |
| China | $562.2M | 9.8% |
| South Korea | $545.8M | 9.5% |
| India | $431.7M | 7.5% |
| United States | $344.6M | 6% |
| Germany | $253.2M | 4.4% |
| Vietnam | $249.2M | 4.4% |
| Malaysia | $138.0M | 2.4% |
| Netherlands | $129.4M | 2.3% |
| Spain | $125.1M | 2.2% |
| Singapore | $118.3M | 2.1% |
Average price per kg
The world average declared value was about $2.48 per kg in 2024. Among the main exporters, Mexico averaged $433.61 per kg and the United States $1.07 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?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 8548: Electrical parts of machinery or apparatus; not specified or elsewhere included in this chapter. HS 8548 codes.
Common questions
Which countries export the most electrical components?
China exported $1.22 billion in 2024, 21% of the world total, followed by the United States (20%) and Japan (11%). In all, 204 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most electrical components?
Mexico imported $687.3 million in 2024, 12% of world imports, ahead of Hong Kong (10%) and China (10%). The top three importers together take 32%. Each country with its own page is linked from the table.
How big is the world trade in electrical components?
It was worth $5.73 billion in 2024, about 2.31 million tonnes. That is a fall of 42% since 2017. The peak year was 2017 at $9.86 billion. 204 countries reported exports and 215 reported imports.
What is the average price of electrical components per kg?
The world average declared value was about $2.48 per kg in 2024. Among the main exporters, Mexico averaged $433.61 per kg and the United States $1.07 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for electrical components?
The HS code for electrical components is heading 8548, 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). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 8548 page.
How can I find electrical components buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
See what your buyers are buying.Then decide.
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