Static power converters trade by country: top importers, exporters and prices
World trade in static power converters was worth $95.38 billion in 2024, about 2.23 million tonnes. That is an increase of 82% 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 | $95.38B | 2.23M t |
| 2023 | $102.30B | 2.19M t |
| 2022 | $92.07B | 2.21M t |
| 2021 | $77.90B | 1.92M t |
| 2020 | $62.41B | 1.68M t |
| 2019 | $59.35B | 1.39M t |
| 2018 | $57.52B | 1.30M t |
| 2017 | $52.52B | 1.30M t |
Top static power converters exporting countries
Exports are led by China (37%), Germany (8%) and Thailand (5%). 221 countries reported exports, and the top three account for 51%.
| Exporter | Value | Share |
|---|---|---|
| China | $35.57B | 37% |
| Germany | $7.99B | 8.4% |
| Thailand | $4.93B | 5.2% |
| United States | $4.10B | 4.3% |
| Italy | $3.28B | 3.4% |
| Japan | $3.13B | 3.3% |
| Vietnam | $3.13B | 3.3% |
| Mexico | $2.99B | 3.1% |
| Taiwan | $2.21B | 2.3% |
| Hungary | $2.06B | 2.2% |
| Netherlands | $1.82B | 1.9% |
| India | $1.80B | 1.9% |
Top importing countries and buyer markets
The largest importers are the United States (18%), Germany (9%) and the Netherlands (5%). 223 countries imported it, and the top three take 32% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $17.59B | 18% |
| Germany | $8.73B | 9.2% |
| Netherlands | $4.47B | 4.7% |
| Mexico | $3.76B | 3.9% |
| China | $3.62B | 3.8% |
| France | $3.23B | 3.4% |
| Hong Kong | $2.82B | 3% |
| United Kingdom | $2.68B | 2.8% |
| Japan | $2.58B | 2.7% |
| Italy | $2.47B | 2.6% |
| South Korea | $2.37B | 2.5% |
| India | $1.94B | 2% |
Average price per kg
The world average declared value was about $42.84 per kg in 2024. Among the main exporters, Germany averaged $69.25 per kg and China $29.80 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 Static power converters (HS 8504.40) 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 8504.40: Electrical static converters. HS 8504 codes.
Common questions
Which countries export the most static power converters?
China exported $35.57 billion in 2024, 37% of the world total, followed by Germany (8%) and Thailand (5%). In all, 221 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most static power converters?
The United States imported $17.59 billion in 2024, 18% of world imports, ahead of Germany (9%) and the Netherlands (5%). 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 static power converters?
It was worth $95.38 billion in 2024, about 2.23 million tonnes. That is an increase of 82% since 2017. The peak year was 2023 at $102.30 billion. 221 countries reported exports and 223 reported imports.
What is the average price of static power converters per kg?
The world average declared value was about $42.84 per kg in 2024. Among the main exporters, Germany averaged $69.25 per kg and China $29.80 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 static power converters?
The HS code for static power converters is subheading 8504.40, 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 static power converters buyers and suppliers?
EximDataX shows the importers and exporters of static power converters by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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