🇺🇸 United States imports of transformer: 2024 trade data
The United States imported $29.90 billion of transformer in 2024 (1.15 million tonnes). It ranks 1st of 225 countries for imports of this product. That is 9% more than in 2023. Over 2017-2024 the trade grew strongly, by about 11% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of transformer by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $29.90B | 1.15M t |
| 2023 | $27.36B | 904.6K t |
| 2022 | $23.40B | 817.1K t |
| 2021 | $19.43B | 737.2K t |
| 2020 | $16.08B | 730.4K t |
| 2019 | $14.97B | 638.3K t |
| 2018 | $15.07B | 553.6K t |
| 2017 | $13.98B | 584.4K t |
Where the United States imports transformer from
Most of the value came from Mexico (21%), China (14%), Thailand (8%). Trade is spread widely: the top three suppliers together make up only 43%. Among the main suppliers, South Korea grew fastest (+37% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇲🇽 Mexico | $6.23B | 21% |
| 🇨🇳 China | $4.10B | 14% |
| 🇹🇭 Thailand | $2.38B | 8% |
| 🇰🇷 South Korea | $1.84B | 6.2% |
| 🇻🇳 Vietnam | $1.66B | 5.6% |
| 🇨🇦 Canada | $1.57B | 5.3% |
| Taiwan | $1.52B | 5.1% |
| 🇯🇵 Japan | $1.38B | 4.6% |
| 🇩🇪 Germany | $1.34B | 4.5% |
| 🇮🇳 India | $1.03B | 3.4% |
Types of transformer under HS 8504
| 8504.40 | Electrical static converters | 59% |
| 8504.23 | Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA | 9.9% |
| 8504.90 | Electrical transformers, static converters and inductors: parts thereof | 9.9% |
| 8504.21 | Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA | 5.5% |
| 8504.22 | Electrical transformers: liquid dielectric, having a power handling capacity exceeding 650kVA but not exceeding 10,000kVA | 4.8% |
| 8504.50 | Electrical inductors: n.e.c. in heading no. 8504 | 3.5% |
| 8504.33 | Transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 16kVA but not exceeding 500kVA | 2.7% |
| 8504.31 | Electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kVA | 2.2% |
Codes and full descriptions: HS heading 8504.
Average import price of transformer
The average declared value was about $25.96 per kg, close to the world average of $23.20.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports transformer
Exports of transformer by the United States reached $6.17 billion in 2024 (148.6 thousand tonnes). It ranks 4th of 224 countries for exports of this product. The largest buyer markets were Mexico (23%), Canada (14%), China (6%). Trade is spread widely: the top three buyer markets together make up only 43%.
| Destination | Value | Share |
|---|---|---|
| 🇲🇽 Mexico | $1.44B | 23% |
| 🇨🇦 Canada | $860.0M | 14% |
| 🇨🇳 China | $344.3M | 5.6% |
| 🇳🇱 Netherlands | $293.6M | 4.8% |
| 🇩🇪 Germany | $237.8M | 3.9% |
| 🇬🇧 United Kingdom | $225.9M | 3.7% |
| 🇰🇷 South Korea | $222.1M | 3.6% |
| 🇯🇵 Japan | $186.2M | 3% |
| 🇸🇬 Singapore | $182.2M | 3% |
| 🇦🇺 Australia | $155.0M | 2.5% |
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 8504: Electric transformers, static converters (e.g. rectifiers) and inductors.
Transformer trade in the United States: questions
What is the value of transformer imported by the United States?
The United States imported transformer worth $29.90 billion in 2024 (1.15 million tonnes).
Where does the United States import transformer from?
The main supplier countries in 2024 were Mexico (21%), China (14%), Thailand (8%).
What is the average import price of transformer in the United States?
The average declared import value was about $25.96 per kg in 2024, against a world average of $23.20 per kg.
Does the United States export transformer?
Yes. The United States exported transformer worth $6.17 billion in 2024, mainly to Mexico, Canada, China.
What is the HS code for transformer?
Transformer falls under HS heading 8504 (Electric transformers, static converters (e.g. rectifiers) and inductors). The six-digit codes under it split the product by type.
How can I find the companies trading transformer 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.
Transformer trade in other countries
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