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Motor and generator parts: top exporters and importers (2024)

In 2024, world trade in motor and generator parts totaled $24.7 billion (3 million tonnes). The top exporters were China (26%), Germany (13%) and Japan (7%); the top importers were the United States (16%), Germany (14%) and France (5%). Compared with 2019, the value rose 24%.

Summary

World trade
$24.7billion
Tonnes
3million tonnes
Price per tonne
$8,236
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$6.3 billion · 25.6%
  2. Germany$3.1 billion · 12.7%
  3. Japan$1.7 billion · 6.9%
  4. United States$1.5 billion · 6.2%
  5. Italy$1.1 billion · 4.4%
  6. India$920 million · 3.7%
  7. France$833 million · 3.4%
  8. Mexico$828 million · 3.4%
  9. Denmark$560 million · 2.3%
  10. Czechia$517 million · 2.1%
  11. South Korea$466 million · 1.9%
  12. Spain$458 million · 1.9%
  13. Hungary$427 million · 1.7%
  14. Turkey$418 million · 1.7%
  15. Canada$406 million · 1.6%
  16. Slovenia$406 million · 1.6%
  17. Poland$402 million · 1.6%
  18. Austria$391 million · 1.6%
  19. Switzerland$346 million · 1.4%
  20. Taiwan$344 million · 1.4%

Top importers

  1. United States$4 billion · 16.3%
  2. Germany$3.4 billion · 13.7%
  3. France$1.3 billion · 5.5%
  4. Mexico$927 million · 3.8%
  5. Italy$799 million · 3.2%
  6. Vietnam$790 million · 3.2%
  7. China$731 million · 3%
  8. Poland$702 million · 2.8%
  9. Japan$694 million · 2.8%
  10. India$655 million · 2.7%
  11. Sweden$643 million · 2.6%
  12. South Korea$633 million · 2.6%
  13. Czechia$622 million · 2.5%
  14. Hungary$453 million · 1.8%
  15. Serbia$425 million · 1.7%
  16. Austria$388 million · 1.6%
  17. Denmark$376 million · 1.5%
  18. United Kingdom$367 million · 1.5%
  19. Netherlands$336 million · 1.4%
    re-exports
  20. Spain$306 million · 1.2%

Trend

Who sells it

China has been the top exporter since 2013

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

  • China 6.3
  • Germany 3.1
  • Japan 1.7
  • United States 1.5
  • Italy 1.1

Source: CEPII BACI

Show the numbers
Country19952024
China0.196.3
Germany0.613.1
Japan11.7
United States0.711.5
Italy0.21.1

Price

Implied price

The price per tonne stayed close to $8,236 since 1995

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

  • 2024: $8,236

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$8,176
1996$7,558
1997$7,240
1998$8,606
1999$4,469
2000$8,162
2001$7,202
2002$7,306
2003$7,574
2004$6,633
2005$7,914
2006$8,246
2007$7,339
2008$7,519
2009$8,546
2010$7,545
2011$7,977
2012$7,429
2013$7,727
2014$8,072
2015$7,341
2016$6,677
2017$8,265
2018$8,138
2019$7,862
2020$8,066
2021$7,218
2022$7,613
2023$8,271
2024$8,236

What it includes

  • 8503 · Motor and generator parts

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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