Summary
- World trade
- $2.8billion
- Tonnes
- 484thousand tonnes
- Price per tonne
- $5,826
Top exporters
World supply
China went from 2.4% to 32.3% of world exports of electrical insulators
In 2024, China accounted for 32.3% of recorded world exports and the three largest exporters together for 48%. HHI: 1,307 out of 10,000; equivalent to 8 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 32.3%
- Three largest 48%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 17.5% | 32.3% |
| Three largest | 43.5% | 48% |
Countries where China sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- India: 67.4% of its purchases · Dependence of India on China
- Brazil: 69.2% of its purchases · Dependence of Brazil on China
- Vietnam: 73.4% of its purchases · Dependence of Vietnam on China
- Iraq: 90.5% of its purchases · Dependence of Iraq on China
- Thailand: 50.9% of its purchases · Dependence of Thailand on China
- Philippines: 56% of its purchases · Dependence of the Philippines on China
- Russia: 58.9% of its purchases · Dependence of Russia on China
- Ethiopia: 95.3% of its purchases · Dependence of Ethiopia on China
- Algeria: 70.5% of its purchases · Dependence of Algeria on China
- Pakistan: 95.5% of its purchases · Dependence of Pakistan on China
Top importers
Trend
Who sells it
China has been the top exporter since 2008
Value in USD millions. The five largest exporters in 2024.
- China 920
- Italy 227
- Germany 218
- United States 191
- India 143
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| China | 28.6 | 920 |
| Italy | 49 | 227 |
| Germany | 156 | 218 |
| United States | 159 | 191 |
| India | 17.6 | 143 |
Price
Implied price
The price per tonne rose 27% since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $5,826
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $4,595 |
| 1996 | $4,411 |
| 1997 | $4,650 |
| 1998 | $4,618 |
| 1999 | $3,805 |
| 2000 | $4,836 |
| 2001 | $4,387 |
| 2002 | $4,412 |
| 2003 | $5,050 |
| 2004 | $3,990 |
| 2005 | $5,066 |
| 2006 | $5,360 |
| 2007 | $5,251 |
| 2008 | $6,146 |
| 2009 | $5,653 |
| 2010 | $6,041 |
| 2011 | $5,891 |
| 2012 | $5,562 |
| 2013 | $5,697 |
| 2014 | $5,679 |
| 2015 | $5,440 |
| 2016 | $6,529 |
| 2017 | $5,183 |
| 2018 | $5,662 |
| 2019 | $5,630 |
| 2020 | $5,776 |
| 2021 | $6,258 |
| 2022 | $5,946 |
| 2023 | $6,031 |
| 2024 | $5,826 |
What it includes
- 8546 · Electrical insulators
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.