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High-voltage switches and fuses: top exporters and importers (2024)

In 2024, world trade in high-voltage switches and fuses totaled $12.1 billion (463 thousand tonnes). The top exporters were China (15%), Germany (12%) and Switzerland (9%); the top importers were the United States (14%), Saudi Arabia (9%) and Germany (5%). Compared with 2019, the value rose 34%.

Summary

World trade
$12.1billion
Tonnes
463thousand tonnes
Price per tonne
$26,134
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.8 billion · 14.8%
  2. Germany$1.5 billion · 12.5%
  3. Switzerland$1 billion · 8.6%
  4. United States$1 billion · 8.3%
  5. Mexico$917 million · 7.6%
  6. South Korea$753 million · 6.2%
  7. Italy$636 million · 5.3%
  8. France$455 million · 3.8%
  9. Sweden$419 million · 3.5%
  10. India$337 million · 2.8%
  11. Japan$265 million · 2.2%
  12. Poland$247 million · 2%
  13. Czechia$202 million · 1.7%
  14. United Kingdom$199 million · 1.6%
  15. Canada$186 million · 1.5%
  16. Turkey$171 million · 1.4%
  17. Austria$147 million · 1.2%
  18. United Arab Emirates$143 million · 1.2%
  19. Netherlands$129 million · 1.1%
    re-exports
  20. Australia$127 million · 1.1%

Top importers

  1. United States$1.7 billion · 13.8%
  2. Saudi Arabia$1.1 billion · 9.4%
  3. Germany$588 million · 4.9%
  4. China$554 million · 4.6%
  5. Canada$462 million · 3.8%
  6. Mexico$357 million · 3%
  7. United Kingdom$336 million · 2.8%
  8. India$254 million · 2.1%
  9. Vietnam$235 million · 1.9%
  10. Brazil$225 million · 1.9%
  11. France$221 million · 1.8%
  12. Turkey$213 million · 1.8%
  13. Malaysia$206 million · 1.7%
  14. Philippines$203 million · 1.7%
  15. South Korea$198 million · 1.6%
  16. Spain$196 million · 1.6%
  17. Netherlands$191 million · 1.6%
    re-exports
  18. Switzerland$168 million · 1.4%
  19. Italy$164 million · 1.4%
  20. Poland$160 million · 1.3%

Trend

Who sells it

China has been the top exporter since 2022

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

  • China 1.8
  • Germany 1.5
  • Switzerland 1
  • United States 1
  • Mexico 0.92

Source: CEPII BACI

Show the numbers
Country19952024
China0.061.8
Germany0.561.5
Switzerland0.291
United States0.571
Mexico0.030.92

Price

Implied price

The price per tonne rose 316% since 1995

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

  • 2024: $26,134

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$6,288
1996$9,077
1997$12,923
1998$6,193
1999$6,262
2000$19,724
2001$17,622
2002$17,905
2003$14,835
2004$9,945
2005$19,585
2006$22,668
2007$23,557
2008$27,032
2009$27,341
2010$24,030
2011$27,184
2012$25,057
2013$25,326
2014$26,088
2015$22,439
2016$22,757
2017$23,148
2018$24,186
2019$24,330
2020$24,681
2021$24,030
2022$24,416
2023$26,506
2024$26,134

What it includes

  • 8535 · High-voltage switches and fuses

Products in the same chapter

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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