Specialized electrical machines trade by country: top importers, exporters and prices
World trade in specialized electrical machines was worth $47.49 billion in 2024, about 555.4 thousand tonnes. That is an increase of 56% since 2017, and up 6% 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 | $47.49B | 555.4K t |
| 2023 | $44.67B | 537.8K t |
| 2022 | $48.05B | 588.1K t |
| 2021 | $39.17B | 771.5K t |
| 2020 | $31.88B | 1.58M t |
| 2019 | $32.67B | 1.19M t |
| 2018 | $32.37B | 687.1K t |
| 2017 | $30.48B | 436.7K t |
Top specialized electrical machines exporting countries
Exports are led by China (24%), Mexico (10%) and the United States (10%). 214 countries reported exports, and the top three account for 44%.
| Exporter | Value | Share |
|---|---|---|
| China | $11.56B | 24% |
| Mexico | $4.61B | 9.7% |
| United States | $4.56B | 9.6% |
| Germany | $3.49B | 7.4% |
| Malaysia | $2.66B | 5.6% |
| Indonesia | $2.32B | 4.9% |
| Japan | $2.23B | 4.7% |
| Thailand | $2.04B | 4.3% |
| United Kingdom | $1.33B | 2.8% |
| South Korea | $1.23B | 2.6% |
| France | $1.05B | 2.2% |
| Vietnam | $856.6M | 1.8% |
Top importing countries and buyer markets
The largest importers are the United States (30%), Germany (7%) and China (5%). 221 countries imported it, and the top three take 42% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $14.39B | 30% |
| Germany | $3.20B | 6.7% |
| China | $2.30B | 4.9% |
| Mexico | $2.17B | 4.6% |
| Japan | $1.83B | 3.9% |
| United Kingdom | $1.66B | 3.5% |
| Singapore | $1.64B | 3.5% |
| Thailand | $1.39B | 2.9% |
| Canada | $1.34B | 2.8% |
| South Korea | $1.30B | 2.8% |
| France | $1.08B | 2.3% |
| Netherlands | $1.02B | 2.2% |
Average price per kg
The world average declared value was about $85.50 per kg in 2024. Among the main exporters, Japan averaged $178.96 per kg and China $53.47 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 Specialized electrical machines (HS 8543.70) importers and exporters, worldwide: companies, dates, quantities and declared values.
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 8543.70: Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543. HS 8543 codes.
Common questions
Which countries export the most specialized electrical machines?
China exported $11.56 billion in 2024, 24% of the world total, followed by Mexico (10%) and the United States (10%). In all, 214 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most specialized electrical machines?
The United States imported $14.39 billion in 2024, 30% of world imports, ahead of Germany (7%) and China (5%). The top three importers together take 42%. Each country with its own page is linked from the table.
How big is the world trade in specialized electrical machines?
It was worth $47.49 billion in 2024, about 555.4 thousand tonnes. That is an increase of 56% since 2017. The peak year was 2022 at $48.05 billion. 214 countries reported exports and 221 reported imports.
What is the average price of specialized electrical machines per kg?
The world average declared value was about $85.50 per kg in 2024. Among the main exporters, Japan averaged $178.96 per kg and China $53.47 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 specialized electrical machines?
The HS code for specialized electrical machines is subheading 8543.70, 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 8543 page.
How can I find specialized electrical machines buyers and suppliers?
EximDataX shows the importers and exporters of specialized electrical machines by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.