Low power electric motors trade by country: top importers, exporters and prices
World trade in low power electric motors was worth $16.34 billion in 2024, about 591.3 thousand tonnes. That is an increase of 17% since 2017, and up 2% 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 | $16.34B | 591.3K t |
| 2023 | $16.07B | 564.4K t |
| 2022 | $15.29B | 597.7K t |
| 2021 | $15.88B | 615.2K t |
| 2020 | $13.15B | 560.2K t |
| 2019 | $14.18B | 510.2K t |
| 2018 | $14.37B | 513.2K t |
| 2017 | $13.92B | 512.0K t |
Top low power electric motors exporting countries
China is the largest exporter with 29% of world exports, followed by Switzerland and Germany. The top three supply 44% between them, out of 189 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $4.73B | 29% |
| Switzerland | $1.36B | 8.3% |
| Germany | $1.10B | 6.8% |
| Philippines | $1.01B | 6.2% |
| Vietnam | $981.2M | 6% |
| Mexico | $693.2M | 4.2% |
| Thailand | $687.8M | 4.2% |
| Japan | $613.5M | 3.8% |
| United States | $600.8M | 3.7% |
| France | $452.1M | 2.8% |
| South Korea | $398.7M | 2.4% |
| Serbia | $346.1M | 2.1% |
Top importing countries and buyer markets
The largest importers are the United States (14%), South Korea (11%) and Germany (8%). 220 countries imported it, and the top three take 33% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $2.34B | 14% |
| South Korea | $1.79B | 11% |
| Germany | $1.28B | 7.9% |
| China | $1.04B | 6.4% |
| Mexico | $760.6M | 4.7% |
| Hong Kong | $637.5M | 3.9% |
| Japan | $581.7M | 3.6% |
| Czech Republic | $564.1M | 3.5% |
| Thailand | $529.9M | 3.2% |
| Poland | $438.8M | 2.7% |
| Spain | $373.3M | 2.3% |
| India | $372.1M | 2.3% |
Average price per kg
The world average declared value was about $27.63 per kg in 2024. Among the main exporters, the Philippines averaged $120.17 per kg and China $18.44 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 Low power electric motors (HS 8501.10) 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 8501.10: Electric motors: of an output not exceeding 37.5W. HS 8501 codes.
Common questions
Which countries export the most low power electric motors?
China exported $4.73 billion in 2024, 29% of the world total, followed by Switzerland (8%) and Germany (7%). In all, 189 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most low power electric motors?
The United States imported $2.34 billion in 2024, 14% of world imports, ahead of South Korea (11%) and Germany (8%). The top three importers together take 33%. Each country with its own page is linked from the table.
How big is the world trade in low power electric motors?
It was worth $16.34 billion in 2024, about 591.3 thousand tonnes. That is an increase of 17% since 2017. 2024 was the highest year since 2017. 189 countries reported exports and 220 reported imports.
What is the average price of low power electric motors per kg?
The world average declared value was about $27.63 per kg in 2024. Among the main exporters, the Philippines averaged $120.17 per kg and China $18.44 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 low power electric motors?
The HS code for low power electric motors is subheading 8501.10, 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 8501 page.
How can I find low power electric motors buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading low power electric motors, from direct customs feeds and mirror data. Tell us your markets to see them live.
See what your buyers are buying.Then decide.
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