🇺🇸 United States imports of electromagnet: 2024 trade data
The United States imported $1.23 billion of electromagnet in 2024 (57.4 thousand tonnes). It ranks 2nd of 220 countries for imports of this product. Value fell 6% from 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of electromagnet by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.23B | 57.4K t |
| 2023 | $1.31B | 72.2K t |
| 2022 | $1.49B | 72.5K t |
| 2021 | $1.27B | 54.8K t |
| 2020 | $923.6M | 39.2K t |
| 2019 | $1.07B | 65.6K t |
| 2018 | $1.12B | 47.7K t |
| 2017 | $1.02B | 42.3K t |
Where the United States imports electromagnet from
The largest suppliers were China (42%), Mexico (11%), Japan (8%).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $521.7M | 42% |
| 🇲🇽 Mexico | $138.8M | 11% |
| 🇯🇵 Japan | $102.0M | 8.3% |
| 🇩🇪 Germany | $97.5M | 7.9% |
| 🇳🇿 New Zealand | $45.4M | 3.7% |
| 🇰🇷 South Korea | $38.1M | 3.1% |
| 🇬🇧 United Kingdom | $26.1M | 2.1% |
| 🇹🇭 Thailand | $25.7M | 2.1% |
| Taiwan | $23.0M | 1.9% |
| 🇨🇦 Canada | $21.5M | 1.7% |
Types of electromagnet under HS 8505
| 8505.90 | Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505 | 41% |
| 8505.11 | Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, of metal | 40% |
| 8505.19 | Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal | 10% |
| 8505.20 | Magnets: electro-magnetic couplings, clutches and brakes | 8.3% |
Codes and full descriptions: HS heading 8505.
Average import price of electromagnet
The average declared value was about $21.49 per kg, 38% above the world average of $15.58. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports electromagnet
The United States exported $456.1 million of electromagnet in 2024 (10.8 thousand tonnes). It ranks 4th of 182 countries for exports of this product. The largest buyer markets were Mexico (31%), Canada (14%), China (12%). Among the main buyer markets, Japan grew fastest (+42% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇲🇽 Mexico | $139.7M | 31% |
| 🇨🇦 Canada | $62.9M | 14% |
| 🇨🇳 China | $56.4M | 12% |
| 🇩🇪 Germany | $21.6M | 4.7% |
| 🇬🇧 United Kingdom | $16.0M | 3.5% |
| 🇸🇬 Singapore | $13.0M | 2.8% |
| 🇯🇵 Japan | $11.5M | 2.5% |
| 🇫🇷 France | $9.6M | 2.1% |
| 🇳🇱 Netherlands | $9.4M | 2.1% |
| 🇮🇹 Italy | $7.4M | 1.6% |
Who is behind these numbers in the United States?
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.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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 8505: Electro-magnets; permanent magnets, intended permanent magnets; electro-magnetic, permanent magnet chucks, clamps, similar; electromagnetic couplings, clutches, brakes; electro-magnetic lifting heads.
Electromagnet trade in the United States: questions
What is the value of electromagnet imported by the United States?
The United States imported electromagnet worth $1.23 billion in 2024 (57.4 thousand tonnes).
Where does the United States import electromagnet from?
The main supplier countries in 2024 were China (42%), Mexico (11%), Japan (8%).
What is the average import price of electromagnet in the United States?
The average declared import value was about $21.49 per kg in 2024, against a world average of $15.58 per kg.
Does the United States export electromagnet?
Yes. The United States exported electromagnet worth $456.1 million in 2024, mainly to Mexico, Canada, China.
What is the HS code for electromagnet?
Electromagnet falls under HS heading 8505 (Electro-magnets; permanent magnets, intended permanent magnets; electro-magnetic, permanent magnet chucks, clamps, simil). The six-digit codes under it split the product by type.
How can I find the companies trading electromagnet with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Electromagnet trade in other countries
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