Transformer and converter parts imports in the United States: data, top suppliers and prices
Imports of transformer and converter parts by the United States reached $2.96 billion in 2024 (108.2 thousand tonnes). It ranks 1st of 220 countries for imports of this product. That is 25% more than in 2023. Over 2017-2024 the trade grew strongly, by about 15% 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 | $2.96B | 108.2K t |
| 2023 | $2.36B | 68.2K t |
| 2022 | $2.04B | 66.0K t |
| 2021 | $1.67B | 73.4K t |
| 2020 | $1.35B | 60.5K t |
| 2019 | $1.31B | 52.1K t |
| 2018 | $1.29B | 47.9K t |
| 2017 | $1.15B | 40.7K t |
Where the United States imports transformer and converter parts from
Most of the value came from Mexico (25%), China (15%), Canada (14%). Among the main suppliers, Thailand grew fastest (+82% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Mexico | $743.1M | 25% |
| China | $440.5M | 15% |
| Canada | $423.5M | 14% |
| Thailand | $187.5M | 6.3% |
| India | $187.2M | 6.3% |
| Germany | $167.0M | 5.6% |
| Japan | $146.7M | 5% |
| Taiwan | $139.1M | 4.7% |
| South Korea | $71.5M | 2.4% |
| Italy | $57.2M | 1.9% |
Average import price per kg
The average declared value was about $27.37 per kg, 92% above the world average of $14.23. 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.
Transformer and converter parts exports from the United States
Exports of transformer and converter parts by the United States reached $670.4 million in 2024 (3.5 thousand tonnes). That makes it the 4th largest exporter of this product worldwide, out of 174 countries. Most of it went to Mexico (41%), Canada (11%), Hong Kong (5%).
| Destination | Value | Share |
|---|---|---|
| Mexico | $273.9M | 41% |
| Canada | $75.6M | 11% |
| Hong Kong | $33.2M | 5% |
| China | $33.0M | 4.9% |
| Germany | $20.7M | 3.1% |
| South Korea | $15.9M | 2.4% |
| United Kingdom | $15.8M | 2.4% |
| Singapore | $15.4M | 2.3% |
| Netherlands | $14.1M | 2.1% |
| Malaysia | $13.0M | 1.9% |
Who is behind these numbers in the United States?
The shipment records behind United States transformer and converter parts imports (HS 8504.90): 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 8504.90: Electrical transformers, static converters and inductors: parts thereof.
Common questions
What is the value of transformer and converter parts imported by the United States?
The United States imported transformer and converter parts worth $2.96 billion in 2024, the latest year with complete public data, about 108.2 thousand tonnes. That ranks it 1st of 220 countries worldwide, with 20% of world imports. The value was up 25% on 2023.
Which countries supply transformer and converter parts to the United States?
Mexico was the largest supplier with 25% of the value ($743.1 million), followed by China (15%) and Canada (14%). The top three together account for 54%, out of 91 supplier countries in total. Thailand grew fastest among the top ten, up 82% on the year.
What is the average import price of transformer and converter parts per kg?
The average declared import value was about $27.37 per kg in 2024, 92% above the world average of $14.23 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of transformer and converter parts to the United States changed since 2017?
Imports went from $1.15 billion in 2017 to $2.96 billion in 2024, an increase of 158%. 2024 was the highest year in the period. Over 8 years the average was $1.77 billion a year.
Does the United States also export transformer and converter parts?
Yes. The United States exported $670.4 million worth of this product in 2024, mainly to Mexico, Canada and Hong Kong. On balance the United States is a net importer of this product, by about $2.29 billion a year.
What is the HS code for transformer and converter parts?
The HS code for transformer and converter parts is subheading 8504.90. 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 States 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 transformer and converter parts trade: top importers and exporters
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