Research reading
Transformers: n.e.s. in item no. 8504.2, having a power handling capacity exceeding 16kVA but not exceeding 500kVA demand and the China (CHN) to MEX (MEX) lane
MEX (MEX) reported $67.0M of transformers: n.e.s. in item no. 8504.2, having a power handling capacity exceeding 16kva but not exceeding 500kva imports in 2024. China (CHN) accounted for 13% of the observed market and reported $8.7M in exports on this lane.
The latest annual values eased slightly, while the longer available history shows +6% buyer growth and +17.7% exporter growth. The page separates reported values from projections and indicators.
