World-leading exports · HS 8504
Electrical transformers
The 10 largest exporters of this product in 2024, by value, out of 224 that exported it. The world exported US$154.2 bn of it that year.
Electrical transformers, static converters (for example, rectifiers) and inductors
Share of world exports, of US$154.2 bn traded, 2024
- 1 China33.8% · US$52.1 bn
- 2 Germany7.5% · US$11.5 bn
- 3 Mexico4.5% · US$6.9 bn
- 4 United States4.4% · US$6.8 bn
- 5 Thailand3.6% · US$5.6 bn
- 6 Japan3.6% · US$5.5 bn
- 7 Italy3.5% · US$5.5 bn
- 8 Vietnam2.9% · US$4.4 bn
- 9 South Korea2.7% · US$4.1 bn
- 10 India2.2% · US$3.3 bn
Secondary CEPII BACI, January 2026 release · values in US dollars, FOB
A rank is among everything the source reports for that year, so it moves when the source adds or drops economies. Exports include goods passing through for re-export. Names link to their page where incp.pro holds the place. Nothing here is a recommendation.