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Parts for switchgear: top exporters and importers (2024)

In 2024, world trade in parts for switchgear totaled $40.5 billion (1.7 million tonnes). The top exporters were China (17%), Germany (15%) and the United States (10%); the top importers were Mexico (12%), the United States (11%) and China (7%). Compared with 2019, the value rose 16%.

Summary

World trade
$40.5billion
Tonnes
1.7million tonnes
Price per tonne
$24,100
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$6.9 billion · 17%
  2. Germany$5.9 billion · 14.6%
  3. United States$4.2 billion · 10.4%
  4. Japan$2 billion · 5%
  5. Mexico$1.9 billion · 4.7%
  6. France$1.7 billion · 4.3%
  7. Italy$1.6 billion · 3.9%
  8. South Korea$1.5 billion · 3.6%
  9. Czechia$1.3 billion · 3.3%
  10. India$1.1 billion · 2.7%
  11. Hungary$866 million · 2.1%
  12. Poland$833 million · 2.1%
  13. Romania$797 million · 2%
  14. Austria$772 million · 1.9%
  15. Switzerland$761 million · 1.9%
  16. Taiwan$622 million · 1.5%
  17. Malaysia$614 million · 1.5%
  18. Spain$520 million · 1.3%
  19. Thailand$497 million · 1.2%
  20. Singapore$458 million · 1.1%
    re-exports

Top importers

  1. Mexico$4.7 billion · 11.7%
  2. United States$4.5 billion · 11%
  3. China$2.8 billion · 7%
  4. Germany$2.6 billion · 6.5%
  5. Italy$1.7 billion · 4.3%
  6. France$1.5 billion · 3.8%
  7. Czechia$1.1 billion · 2.8%
  8. India$1.1 billion · 2.7%
  9. Vietnam$1 billion · 2.5%
  10. Hungary$854 million · 2.1%
  11. South Korea$847 million · 2.1%
  12. Poland$844 million · 2.1%
  13. Japan$832 million · 2.1%
  14. Singapore$811 million · 2%
    re-exports
  15. Romania$791 million · 2%
  16. Hong Kong$704 million · 1.7%
    re-exports
  17. United Kingdom$669 million · 1.7%
  18. Spain$646 million · 1.6%
  19. Netherlands$628 million · 1.6%
    re-exports
  20. Saudi Arabia$582 million · 1.4%

Trend

Who sells it

China has been the top exporter since 2024

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

  • China 6.9
  • Germany 5.9
  • United States 4.2
  • Japan 2
  • Mexico 1.9

Source: CEPII BACI

Show the numbers
Country19952024
China0.156.9
Germany2.35.9
United States1.14.2
Japan1.32
Mexico0.091.9

Price

Implied price

The price per tonne stayed close to $24,100 since 1995

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

  • 2024: $24,100

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$23,565
1996$17,144
1997$17,191
1998$17,406
1999$7,863
2000$17,768
2001$17,347
2002$17,249
2003$19,738
2004$16,728
2005$20,214
2006$18,537
2007$11,448
2008$16,565
2009$14,346
2010$19,654
2011$16,787
2012$17,439
2013$20,567
2014$24,518
2015$22,068
2016$21,880
2017$23,678
2018$25,153
2019$22,547
2020$20,269
2021$21,947
2022$23,001
2023$24,135
2024$24,100

What it includes

  • 8538 · Parts for switchgear

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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