Static power converters imports in the United States: data, top suppliers and prices
The United States imported $17.59 billion of static power converters in 2024 (265.3 thousand tonnes). It ranks 1st of 223 countries for imports of this product. The value was almost unchanged from 2023. Over 2017-2024 the trade grew strongly, by about 9% 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 | $17.59B | 265.3K t |
| 2023 | $18.11B | 271.2K t |
| 2022 | $16.37B | 278.2K t |
| 2021 | $13.89B | 242.6K t |
| 2020 | $11.07B | 212.6K t |
| 2019 | $10.05B | 202.7K t |
| 2018 | $10.18B | 195.5K t |
| 2017 | $9.37B | 195.9K t |
Where the United States imports static power converters from
Most of the value came from China (17%), Mexico (15%), Thailand (12%). Trade is spread widely: the top three suppliers together make up only 44%.
| Supplier country | Value | Share |
|---|---|---|
| China | $2.95B | 17% |
| Mexico | $2.57B | 15% |
| Thailand | $2.16B | 12% |
| Vietnam | $1.52B | 8.7% |
| Taiwan | $1.07B | 6.1% |
| Japan | $1.04B | 5.9% |
| Germany | $897.5M | 5.1% |
| Spain | $773.4M | 4.4% |
| India | $680.6M | 3.9% |
| Italy | $658.0M | 3.7% |
Average import price per kg
The average declared value was about $66.30 per kg, 55% above the world average of $42.84. 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.
Static power converters exports from the United States
In 2024, the United States exported static power converters worth $4.10 billion (63.9 thousand tonnes). That makes it the 4th largest exporter of this product worldwide, out of 221 countries. Most of it went to Mexico (17%), Canada (12%), Netherlands (7%). Trade is spread widely: the top three buyer markets together make up only 35%.
| Destination | Value | Share |
|---|---|---|
| Mexico | $687.0M | 17% |
| Canada | $489.3M | 12% |
| Netherlands | $271.8M | 6.6% |
| China | $251.7M | 6.1% |
| Germany | $189.1M | 4.6% |
| United Kingdom | $183.3M | 4.5% |
| South Korea | $180.9M | 4.4% |
| Japan | $156.4M | 3.8% |
| Australia | $140.4M | 3.4% |
| Singapore | $138.4M | 3.4% |
Who is behind these numbers in the United States?
The shipment records behind United States static power converters imports (HS 8504.40): 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 8504.40: Electrical static converters.
Common questions
What is the value of static power converters imported by the United States?
The United States imported static power converters worth $17.59 billion in 2024, the latest year with complete public data, about 265.3 thousand tonnes. That ranks it 1st of 223 countries worldwide, with 18% of world imports. The value was down 3% on 2023.
Which countries supply static power converters to the United States?
China was the largest supplier with 17% of the value ($2.95 billion), followed by Mexico (15%) and Thailand (12%). The top three together account for 44%, out of 144 supplier countries in total. Vietnam grew fastest among the top ten, up 13% on the year.
What is the average import price of static power converters per kg?
The average declared import value was about $66.30 per kg in 2024, 55% above the world average of $42.84 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of static power converters to the United States changed since 2017?
Imports went from $9.37 billion in 2017 to $17.59 billion in 2024, an increase of 88%. The peak was 2023 at $18.11 billion. Over 8 years the average was $13.33 billion a year.
Does the United States also export static power converters?
Yes. The United States exported $4.10 billion worth of this product in 2024, mainly to Mexico, Canada and the Netherlands. On balance the United States is a net importer of this product, by about $13.50 billion a year.
What is the HS code for static power converters?
The HS code for static power converters is subheading 8504.40. 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.
Same product, other countries
World static power converters trade: top importers and exporters
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