Electrical parts trade by country: top importers, exporters and prices
World trade in electrical parts was worth $40.91 billion in 2024, about 1.67 million tonnes. That is an increase of 16% since 2017, and down 7% 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 | $40.91B | 1.67M t |
| 2023 | $43.83B | 1.76M t |
| 2022 | $42.02B | 1.77M t |
| 2021 | $40.59B | 1.77M t |
| 2020 | $32.95B | 1.55M t |
| 2019 | $35.00B | 1.56M t |
| 2018 | $37.09B | 1.45M t |
| 2017 | $35.14B | 1.47M t |
Top electrical parts exporting countries
China is the largest exporter with 16% of world exports, followed by Germany and the United States. The top three supply 41% between them, out of 211 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $6.50B | 16% |
| Germany | $5.82B | 14% |
| United States | $4.53B | 11% |
| Japan | $2.02B | 4.9% |
| Mexico | $1.89B | 4.6% |
| France | $1.74B | 4.3% |
| Italy | $1.66B | 4.1% |
| South Korea | $1.55B | 3.8% |
| Czech Republic | $1.47B | 3.6% |
| India | $1.14B | 2.8% |
| Hungary | $934.8M | 2.3% |
| Poland | $877.2M | 2.1% |
Top importing countries and buyer markets
The largest importers are the United States (11%), Mexico (10%) and China (7%). 226 countries imported it, and the top three take 29% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $4.64B | 11% |
| Mexico | $4.18B | 10% |
| China | $3.02B | 7.4% |
| Germany | $2.87B | 7% |
| Italy | $1.71B | 4.2% |
| France | $1.56B | 3.8% |
| India | $1.12B | 2.7% |
| Czech Republic | $1.07B | 2.6% |
| Vietnam | $1.02B | 2.5% |
| Hungary | $905.9M | 2.2% |
| Poland | $848.8M | 2.1% |
| South Korea | $816.5M | 2% |
Average price per kg
The world average declared value was about $24.56 per kg in 2024. Among the main exporters, the United States averaged $66.08 per kg and Mexico $12.03 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 8538: Electrical apparatus; parts suitable for use solely or principally with the apparatus of heading no. 8535, 8536 and 8537. HS 8538 codes.
Common questions
Which countries export the most electrical parts?
China exported $6.50 billion in 2024, 16% of the world total, followed by Germany (14%) and the United States (11%). In all, 211 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most electrical parts?
The United States imported $4.64 billion in 2024, 11% of world imports, ahead of Mexico (10%) and China (7%). The top three importers together take 29%. Each country with its own page is linked from the table.
How big is the world trade in electrical parts?
It was worth $40.91 billion in 2024, about 1.67 million tonnes. That is an increase of 16% since 2017. The peak year was 2023 at $43.83 billion. 211 countries reported exports and 226 reported imports.
What is the average price of electrical parts per kg?
The world average declared value was about $24.56 per kg in 2024. Among the main exporters, the United States averaged $66.08 per kg and Mexico $12.03 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 parts?
The HS code for electrical parts is heading 8538, 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 8538 page.
How can I find electrical parts 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.
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