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Low-voltage switches and connectors: top exporters and importers (2024)

In 2024, world trade in low-voltage switches and connectors totaled $116.8 billion (3.3 million tonnes). The top exporters were China (23%), Germany (12%) and the United States (8%); the top importers were the United States (12%), Germany (8%) and China (7%). Compared with 2019, the value rose 16%.

Summary

World trade
$116.8billion
Tonnes
3.3million tonnes
Price per tonne
$35,318
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$27 billion · 23.1%
  2. Germany$14.3 billion · 12.2%
  3. United States$9.5 billion · 8.1%
  4. Japan$7.6 billion · 6.5%
  5. Mexico$6.2 billion · 5.3%
  6. France$5.4 billion · 4.6%
  7. Italy$3.8 billion · 3.3%
  8. South Korea$3.5 billion · 3%
  9. Czechia$3 billion · 2.6%
  10. Vietnam$2.3 billion · 2%
  11. Taiwan$2 billion · 1.7%
  12. Spain$2 billion · 1.7%
  13. India$1.8 billion · 1.6%
  14. Thailand$1.8 billion · 1.6%
  15. Poland$1.7 billion · 1.4%
  16. Malaysia$1.6 billion · 1.4%
  17. United Kingdom$1.6 billion · 1.4%
  18. Romania$1.6 billion · 1.4%
  19. Singapore$1.6 billion · 1.4%
    re-exports
  20. Switzerland$1.5 billion · 1.3%

Top importers

  1. United States$14.4 billion · 12.3%
  2. Germany$8.8 billion · 7.5%
  3. China$7.7 billion · 6.6%
  4. Mexico$7.4 billion · 6.3%
  5. Hong Kong$6.1 billion · 5.3%
    re-exports
  6. Vietnam$4 billion · 3.4%
  7. France$3.7 billion · 3.2%
  8. Czechia$3 billion · 2.6%
  9. Italy$2.9 billion · 2.5%
  10. United Kingdom$2.9 billion · 2.5%
  11. India$2.6 billion · 2.2%
  12. Japan$2.6 billion · 2.2%
  13. Netherlands$2.4 billion · 2.1%
    re-exports
  14. Singapore$2.4 billion · 2%
    re-exports
  15. South Korea$2.3 billion · 2%
  16. Thailand$2.3 billion · 2%
  17. Canada$2.2 billion · 1.9%
  18. Taiwan$2.2 billion · 1.9%
  19. Poland$2.2 billion · 1.9%
  20. Malaysia$2.1 billion · 1.8%

Trend

Who sells it

China has been the top exporter since 2006

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

  • China 27
  • Germany 14.3
  • United States 9.5
  • Japan 7.6
  • Mexico 6.2

Source: CEPII BACI

Show the numbers
Country19952024
China1.227
Germany5.114.3
United States4.49.5
Japan5.27.6
Mexico1.56.2

Price

Implied price

The price per tonne rose 24% since 1995

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

  • 2024: $35,318

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$28,461
1996$17,789
1997$17,890
1998$22,194
1999$9,926
2000$9,115
2001$12,127
2002$21,546
2003$22,457
2004$7,998
2005$26,506
2006$26,511
2007$29,695
2008$33,377
2009$29,987
2010$30,114
2011$34,456
2012$34,817
2013$33,165
2014$27,151
2015$32,999
2016$31,580
2017$32,881
2018$36,076
2019$35,026
2020$35,150
2021$34,675
2022$33,656
2023$32,453
2024$35,318

What it includes

  • 8536 · Low-voltage switches and connectors

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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