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Generating sets: top exporters and importers (2024)

In 2024, world trade in generating sets totaled $26.2 billion (2.6 million tonnes). The top exporters were China (31%), Germany (12%) and the United States (11%); the top importers were the United States (8%), the United Kingdom (5%) and Turkey (4%). Compared with 2019, the value rose 6%.

Summary

World trade
$26.2billion
Tonnes
2.6million tonnes
Price per tonne
$9,748
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$8.2 billion · 31.3%
  2. Germany$3.1 billion · 11.9%
  3. United States$2.8 billion · 10.6%
  4. Denmark$1.2 billion · 4.5%
  5. India$961 million · 3.7%
  6. Spain$952 million · 3.6%
  7. United Kingdom$905 million · 3.5%
  8. Italy$789 million · 3%
  9. Japan$737 million · 2.8%
  10. Turkey$645 million · 2.5%
  11. France$621 million · 2.4%
  12. Austria$620 million · 2.4%
  13. Vietnam$560 million · 2.1%
  14. South Korea$476 million · 1.8%
  15. Finland$361 million · 1.4%
  16. Singapore$317 million · 1.2%
    re-exports
  17. Brazil$224 million · 0.85%
  18. Netherlands$223 million · 0.85%
    re-exports
  19. Czechia$192 million · 0.73%
  20. Hungary$184 million · 0.7%

Top importers

  1. United States$2.1 billion · 7.9%
  2. United Kingdom$1.3 billion · 4.9%
  3. Turkey$926 million · 3.5%
  4. China$919 million · 3.5%
  5. Canada$910 million · 3.5%
  6. Ukraine$768 million · 2.9%
  7. Germany$764 million · 2.9%
  8. Brazil$687 million · 2.6%
  9. Saudi Arabia$670 million · 2.6%
  10. Russia$638 million · 2.4%
  11. Taiwan$615 million · 2.3%
  12. Indonesia$595 million · 2.3%
  13. South Africa$569 million · 2.2%
  14. Japan$552 million · 2.1%
  15. Australia$540 million · 2.1%
  16. France$500 million · 1.9%
  17. Chile$488 million · 1.9%
  18. United Arab Emirates$479 million · 1.8%
  19. Mexico$457 million · 1.7%
  20. South Korea$442 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2013

Value in USD billions. The five largest exporters in 2024.

  • China 8.2
  • Germany 3.1
  • United States 2.8
  • Denmark 1.2
  • India 0.96

Source: CEPII BACI

Show the numbers
Country19952024
China0.048.2
Germany0.383.1
United States1.62.8
Denmark0.411.2
India0.030.96

Price

Implied price

The price per tonne fell 26% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $9,748

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$13,203
1996$11,012
1997$6,688
1998$6,307
1999$2,158
2000$10,474
2001$10,384
2002$10,572
2003$10,944
2004$11,089
2005$11,375
2006$11,311
2007$11,554
2008$13,150
2009$13,002
2010$13,691
2011$12,699
2012$11,947
2013$13,566
2014$12,266
2015$9,210
2016$11,858
2017$11,030
2018$10,497
2019$10,559
2020$9,104
2021$8,158
2022$9,992
2023$10,453
2024$9,748

What it includes

  • 8502 · Generating sets

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Sources and methodology

Sources and licenses

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.

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