T3 · Product exporter position

Mexico exports of Electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kVA (HS 850431)

See where Mexico stands in electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kva: export scale, destination breadth, market position, growth, and reported trade history.

Exporter MEXHS6 850431Latest year 2024Rapid growth

Latest exports

$217.3MLatest observed lane total

Destination markets

101Reported active markets

Three-year growth

+19.3%Annualized change

Destination HHI

7,103Destination concentration

Weighted share

24%Reported market position

Exporter evidence

How strong is Mexico in Electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kVA?

Reported exporter totals and calculated indicators for HS 850431. Values retain their observed coverage period.

Exporter scale

Latest exports$217.3M
Current 2024 exports$217.0M
Three-year average$196.2M
Historical peak$321.7M

Market position

Active destinations101
Destination HHI7,103
Weighted share24%
Share change-2.8 pp

Competitiveness

Three-year growth+19.3%
Volatility0.5
Maximum drawdown70.7%
TrendRapid growth
MeasureValueWhat it describes
ExporterMexicoCountry represented by this profile
Latest observed exports$217.3MSum of latest observed destination-lane values
Current 2024 exports$217.0MCommon-year comparison where reported
Three-year growth+19.3%Annualized change in exporter totals
Five-year growth+13.5%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share83.8%Share of observed exporter totals
Destination concentration7,103HHI across destination markets
Weighted share change-2.8 ppValue-weighted latest change in market share
Limited-history lanes27.2%Share of lanes with shorter history

Destination markets

Where does Mexico sell electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kva?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$182.1M27.1%+18.1%FTA reportedStable
Canada$18.7M12.3%+39.5%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$182.1M
Market share
27.1%
Growth
+18.1%
Access
FTA reported
Signal
Stable

Destination

Canada

Latest exports
$18.7M
Market share
12.3%
Growth
+39.5%
Access
FTA reported
Signal
Accelerating

Price intelligence

How does Mexico'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

Ecuador: $12.4M / ton.

Lowest reported price

Belgium: $712.1 / ton.

Median price

$37.1K / ton across reported markets.

Export trend

Reported export history

Annual observations for Mexico and HS 850431 where available.

YearExportsYear-on-year changeActive destinations
2010$121.4M+40.3%90
2011$119.6M-1.5%82
2012$122.6M+2.5%89
2013$130.5M+6.5%89
2014$122.7M-6%102
2015$127.4M+3.8%95
2016$119.3M-6.4%103
2017$116.3M-2.5%97
2018$121.0M+4%95
2019$115.4M-4.6%98
2020$103.3M-10.6%99
2021$127.8M+23.8%98
2022$163.5M+27.9%93
2023$208.1M+27.3%105
2024$217.0M+4.3%101

Exporter context

Mexico 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 850431.

Mexico has reported exports of $632.1B and a trade balance of $26.4B in 2024.

Available structural indicators include 75.7% trade openness, 23.5% 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 Mexico electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kva 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.