T3 · Product exporter position

China exports of Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA (HS 850421)

See where China stands in electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kva: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 850421Latest year 2024Rapid growth

Latest exports

$525.4MLatest observed lane total

Destination markets

181Reported active markets

Three-year growth

+49.1%Annualized change

Destination HHI

436Destination concentration

Weighted share

49.9%Reported market position

Exporter evidence

How strong is China in Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA?

Reported exporter totals and calculated indicators for HS 850421. Values retain their observed coverage period.

Exporter scale

Latest exports$525.4M
Current 2024 exports$523.9M
Three-year average$370.3M
Historical peak$820.4M

Market position

Active destinations181
Destination HHI436
Weighted share49.9%
Share change+10.9 pp

Competitiveness

Three-year growth+49.1%
Volatility1.8
Maximum drawdown96.9%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$525.4MSum of latest observed destination-lane values
Current 2024 exports$523.9MCommon-year comparison where reported
Three-year growth+49.1%Annualized change in exporter totals
Five-year growth+24.6%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share14.9%Share of observed exporter totals
Destination concentration436HHI across destination markets
Weighted share change+10.9 ppValue-weighted latest change in market share
Limited-history lanes6%Share of lanes with shorter history

Destination markets

Where does China sell electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kva?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$78.2M4.7%+259.3%0% tariffAccelerating
Mexico$41.1M72.6%+71.4%0.1% tariffAccelerating
Indonesia$29.3M77.2%+73.2%FTA reportedAccelerating
Philippines$26.5M49.9%+43%FTA reportedGrowing
Ethiopia$20.2M94.7%+22.3%0.3% tariffAccelerating
Greece$18.4M35.8%+1,001.5%0% tariffAccelerating
Japan$12.5M66.3%+5.4%0% tariffAccelerating
Brazil$12.1M52.1%+17.7%0.3% tariffAccelerating
Viet Nam$12.1M64.8%-0.3%FTA reportedAccelerating
Egypt$10.8M71.8%+14.3%0.3% tariffAccelerating
United Rep. of Tanzania$10.8M92.3%+28.2%0.2% tariffAccelerating
Laos$10.5M83.1%+1.4%FTA reportedGrowing
Honduras$9.7M64.3%+80.4%0.1% tariffAccelerating
Uzbekistan$9.0M80.7%+75.4%0.1% tariffAccelerating
Malaysia$8.7M48.9%+88.4%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$78.2M
Market share
4.7%
Growth
+259.3%
Access
0% tariff
Signal
Accelerating

Destination

Mexico

Latest exports
$41.1M
Market share
72.6%
Growth
+71.4%
Access
0.1% tariff
Signal
Accelerating

Destination

Indonesia

Latest exports
$29.3M
Market share
77.2%
Growth
+73.2%
Access
FTA reported
Signal
Accelerating

Destination

Philippines

Latest exports
$26.5M
Market share
49.9%
Growth
+43%
Access
FTA reported
Signal
Growing

Destination

Ethiopia

Latest exports
$20.2M
Market share
94.7%
Growth
+22.3%
Access
0.3% tariff
Signal
Accelerating

Destination

Greece

Latest exports
$18.4M
Market share
35.8%
Growth
+1,001.5%
Access
0% tariff
Signal
Accelerating

Destination

Japan

Latest exports
$12.5M
Market share
66.3%
Growth
+5.4%
Access
0% tariff
Signal
Accelerating

Destination

Brazil

Latest exports
$12.1M
Market share
52.1%
Growth
+17.7%
Access
0.3% tariff
Signal
Accelerating

Destination

Viet Nam

Latest exports
$12.1M
Market share
64.8%
Growth
-0.3%
Access
FTA reported
Signal
Accelerating

Destination

Egypt

Latest exports
$10.8M
Market share
71.8%
Growth
+14.3%
Access
0.3% tariff
Signal
Accelerating

Destination

United Rep. of Tanzania

Latest exports
$10.8M
Market share
92.3%
Growth
+28.2%
Access
0.2% tariff
Signal
Accelerating

Destination

Laos

Latest exports
$10.5M
Market share
83.1%
Growth
+1.4%
Access
FTA reported
Signal
Growing

Destination

Honduras

Latest exports
$9.7M
Market share
64.3%
Growth
+80.4%
Access
0.1% tariff
Signal
Accelerating

Destination

Uzbekistan

Latest exports
$9.0M
Market share
80.7%
Growth
+75.4%
Access
0.1% tariff
Signal
Accelerating

Destination

Malaysia

Latest exports
$8.7M
Market share
48.9%
Growth
+88.4%
Access
FTA reported
Signal
Accelerating

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Slovakia: $878.4K / ton.

Lowest reported price

Denmark: $274.7 / ton.

Median price

$6.1K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 850421 where available.

YearExportsYear-on-year changeActive destinations
2010$79.0M-18.6%145
2011$107.9M+36.6%154
2012$131.0M+21.5%153
2013$145.1M+10.8%167
2014$179.4M+23.6%167
2015$127.6M-28.9%170
2016$130.9M+2.7%173
2017$172.3M+31.6%169
2018$166.6M-3.3%173
2019$174.4M+4.6%174
2020$203.6M+16.8%169
2021$158.0M-22.4%171
2022$221.9M+40.4%170
2023$365.2M+64.6%180
2024$523.9M+43.5%181

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 850421.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kva exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.