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Oil transformers small imports in the United States: data, top suppliers and prices

In 2024, the United States imported oil transformers small worth $1.65 billion (177.0 thousand tonnes). That makes it the largest importer of this product worldwide, out of 207 countries. That is 43% more than in 2023. Over 2017-2024 the trade grew strongly, by about 30% a year on average.

Annual imports
$1.65B
+43% on prior year
Quantity
177.0K t
~$9.30 per kg
World rank
1st
of 207 countries
Supplier countries
53
40% of world imports
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Public statistics, latest complete year (2024). Values in US dollars. Page updated .

Imports by year, 2017-2024

$0K$411.4M$822.8M$1.23B$1.65B20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$1.65B177.0K t
2023$1.15B126.5K t
2022$588.6M87.1K t
2021$373.6M65.0K t
2020$346.9M58.0K t
2019$298.8M53.8K t
2018$280.8M47.5K t
2017$257.6M44.0K t

Where the United States imports oil transformers small from

The largest suppliers were Mexico (30%), South Korea (30%), Brazil (10%). Among the main suppliers, China grew fastest (+163% on the year before).

Share by partner country, 2024≥25%10-25%3-10%1-3%<1%
Supplier countryValueShare
Mexico$494.2M30%
South Korea$492.4M30%
Brazil$167.1M10%
Colombia$131.2M8%
Canada$127.2M7.7%
Taiwan$123.8M7.5%
China$48.9M3%
India$17.9M1.1%
Switzerland$5.6M0.3%
Croatia$5.5M0.3%

Average import price per kg

The average declared value was about $9.30 per kg, close to the world average of $7.84.

United States
$9.30/kg
World average
$7.84/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

Oil transformers small exports from the United States

Exports of oil transformers small by the United States reached $95.6 million in 2024 (10.4 thousand tonnes). Its share of world exports was 2%. The largest buyer markets were Canada (40%), Mexico (10%), China (8%). Among the main buyer markets, Argentina grew fastest, more than tenfold on the year before.

DestinationValueShare
Canada$38.6M40%
Mexico$9.5M10%
China$7.3M7.6%
Dominican Republic$5.2M5.4%
Argentina$4.4M4.6%
Barbados$2.8M3%
Malaysia$2.8M3%
South Korea$2.6M2.7%
Singapore$2.2M2.3%
Belize$1.3M1.4%
Beyond the public totals

Who is behind these numbers in the United States?

The shipment records behind United States oil transformers small imports (HS 8504.21): 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.

United States on EximDataX

Direct customs feed: shipment-level records from the official customs source.

About this data

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 8504.21: Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA.

Straight answers

Common questions

What is the value of oil transformers small imported by the United States?

The United States imported oil transformers small worth $1.65 billion in 2024, the latest year with complete public data, about 177.0 thousand tonnes. That ranks it 1st of 207 countries worldwide, with 40% of world imports. The value was up 43% on 2023.

Which countries supply oil transformers small to the United States?

Mexico was the largest supplier with 30% of the value ($494.2 million), followed by South Korea (30%) and Brazil (10%). The top three together account for 70%, out of 53 supplier countries in total. China grew fastest among the top ten, up 163% on the year.

What is the average import price of oil transformers small per kg?

The average declared import value was about $9.30 per kg in 2024, 19% above the world average of $7.84 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.

How have imports of oil transformers small to the United States changed since 2017?

Imports went from $257.6 million in 2017 to $1.65 billion in 2024, an increase of 539%. 2024 was the highest year in the period. Over 8 years the average was $618.2 million a year.

Does the United States also export oil transformers small?

Yes. The United States exported $95.6 million worth of this product in 2024, mainly to Canada, Mexico and China. On balance the United States is a net importer of this product, by about $1.55 billion a year.

What is the HS code for oil transformers small?

The HS code for oil transformers small is subheading 8504.21. 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?

EximDataX has a direct customs feed for the United States, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.

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