Research reading
Transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 1kVA but not exceeding 16kVA demand and the China (CHN) to MEX (MEX) lane
MEX (MEX) reported $40.4M of transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 1kva but not exceeding 16kva imports in 2024. China (CHN) accounted for 32.1% of the observed market and reported $13.0M in exports on this lane.
The latest annual values eased slightly, while the longer available history shows +4% buyer growth and +22.2% exporter growth. The page separates reported values from projections and indicators.
