Oil transformers medium imports in the United Kingdom: data, top suppliers and prices
Imports of oil transformers medium by the United Kingdom reached $263.3 million in 2024 (34.0 thousand tonnes). That makes it the 4th largest importer of this product worldwide, out of 196 countries. Value rose 45% on 2023. Over 2017-2024 the trade grew strongly, by about 19% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $263.3M | 34.0K t |
| 2023 | $181.4M | 22.5K t |
| 2022 | $136.0M | 22.0K t |
| 2021 | $92.2M | 16.5K t |
| 2020 | $63.7M | 17.7K t |
| 2019 | $69.6M | 11.8K t |
| 2018 | $85.9M | 48.1K t |
| 2017 | $78.1M | 20.0K t |
Where the United Kingdom imports oil transformers medium from
Most of the value came from India (23%), Turkey (18%), Spain (18%). Among the main suppliers, Spain grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| India | $59.7M | 23% |
| Turkey | $47.2M | 18% |
| Spain | $46.7M | 18% |
| Ireland | $37.3M | 14% |
| China | $18.4M | 7% |
| Italy | $10.5M | 4% |
| United Arab Emirates | $8.9M | 3.4% |
| Slovenia | $7.9M | 3% |
| Germany | $7.8M | 3% |
| Portugal | $3.7M | 1.4% |
Average import price per kg
The average declared value was about $7.73 per kg, close to the world average of $7.83.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Oil transformers medium exports from the United Kingdom
Exports of oil transformers medium by the United Kingdom reached $24.5 million in 2024 (2.4 thousand tonnes). Its share of world exports was 1%. Most of it went to Hong Kong (21%), Ireland (13%), Belgium (12%). Trade is spread widely: the top three buyer markets together make up only 45%. Among the main buyer markets, United States grew fastest (+936% on the year before).
| Destination | Value | Share |
|---|---|---|
| Hong Kong | $5.0M | 21% |
| Ireland | $3.1M | 13% |
| Belgium | $3.0M | 12% |
| Germany | $1.4M | 5.9% |
| United Arab Emirates | $1.4M | 5.8% |
| United States | $1.3M | 5.3% |
| Cote d'Ivoire | $1.1M | 4.6% |
| France | $1.0M | 4.2% |
| Singapore | $984K | 4% |
| Australia | $792K | 3.2% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom oil transformers medium imports (HS 8504.22): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 8504.22: Electrical transformers: liquid dielectric, having a power handling capacity exceeding 650kVA but not exceeding 10,000kVA.
Common questions
What is the value of oil transformers medium imported by the United Kingdom?
The United Kingdom imported oil transformers medium worth $263.3 million in 2024, the latest year with complete public data, about 34.0 thousand tonnes. That ranks it 4th of 196 countries worldwide, with 6% of world imports. The value was up 45% on 2023.
Which countries supply oil transformers medium to the United Kingdom?
India was the largest supplier with 23% of the value ($59.7 million), followed by Turkey (18%) and Spain (18%). The top three together account for 58%, out of 30 supplier countries in total. Portugal grew fastest among the top ten, up 631% on the year.
What is the average import price of oil transformers medium per kg?
The average declared import value was about $7.73 per kg in 2024, close to the world average of $7.83 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of oil transformers medium to the United Kingdom changed since 2017?
Imports went from $78.1 million in 2017 to $263.3 million in 2024, an increase of 237%. 2024 was the highest year in the period. Over 8 years the average was $121.3 million a year.
Does the United Kingdom also export oil transformers medium?
Yes. The United Kingdom exported $24.5 million worth of this product in 2024, mainly to Hong Kong, Ireland and Belgium. On balance the United Kingdom is a net importer of this product, by about $238.8 million a year.
What is the HS code for oil transformers medium?
The HS code for oil transformers medium is subheading 8504.22. It sits in HS 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 full list of codes and descriptions is on the HS 8504 page.
How can I find the companies behind this trade?
Shipment-level records for the United Kingdom reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
World oil transformers medium trade: top importers and exporters
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