# Viet Nam Electrical static converters price positioning (HS 850440)

Canonical: https://www.yugalinks.com/trade/price-exporter/vnm/850440
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Viet Nam has a median reported export price of $56.5K/t across 147 markets. Across the reported period, the highest observed price is $8.1M/t in Ecuador; the lowest is $404.5/t in Burkina Faso.

## Summary

- Price spread: 14,302.3%
- Total trade value: $8.3B
- Average quantity: 283 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| USA, Puerto Rico and US Virgin Islands | 2023 | $62.9K/t | -4.9% | +9% | +34.1% | $3.8B | 5 | Mid |
| China | 2023 | $52.6K/t | -25.1% | +43.3% | +12.3% | $570.6M | 5 | Below |
| Netherlands | 2023 | $56.4K/t | -14.2% | -8.7% | +1,707.8% | $328.4M | 5 | Mid |
| Republic of Korea | 2023 | $59.9K/t | -28.2% | +4.3% | +119.1% | $463.8M | 5 | Below |
| Germany | 2023 | $46.9K/t | -25% | +8.7% | +66.2% | $288.0M | 5 | Below |
| Mexico | 2023 | $56.3K/t | -11.4% | +15.8% | +12.2% | $217.5M | 4 | Mid |
| Thailand | 2023 | $58.7K/t | -10.8% | +25.2% | +194.3% | $116.7M | 5 | Mid |
| Canada | 2023 | $50.5K/t | -22.7% | -21.7% | -3.8% | $194.2M | 4 | Mid |
| Slovakia | 2023 | $67.0K/t | +22.3% | -1.9% | +95.5% | $222.8M | 5 | Mid |
| India | 2023 | $64.6K/t | -3.1% | +9.8% | +37.9% | $182.2M | 5 | Mid |
| Chile | 2023 | $64.7K/t | -2.6% | -59% | +38.1% | $81.7M | 5 | Mid |
| United Arab Emirates | 2023 | $68.5K/t | +8.8% | +5.8% | +52.2% | $78.3M | 4 | Mid |
| Hungary | 2023 | $29.9K/t | -56.4% | -1.1% | +53.7% | $225.8M | 5 | Below |
| China, Hong Kong Special Administrative Region | 2023 | $107.0K/t | +60.5% | +126.8% | +125.3% | $122.2M | 5 | Above |
| United Kingdom | 2023 | $51.6K/t | -24.8% | -17.9% | +53.6% | $128.2M | 5 | Mid |
| Ecuador | 2023 | $8.1M/t | +354.6% | +8,145.8% | +21,209.6% | $1.6M | 5 | Above |
| Burkina Faso | 2023 | $51.4K/t | -13.3% | +26% | +12,606.5% | $7.9K | 4 | Mid |

## Price history

- USA, Puerto Rico and US Virgin Islands: 2017 $46.9K/t, 2019 $50.3K/t, 2020 $52.8K/t, 2022 $57.7K/t, 2023 $62.9K/t
- China: 2017 $46.9K/t, 2019 $35.6K/t, 2020 $22.2K/t, 2022 $36.7K/t, 2023 $52.6K/t
- Netherlands: 2017 $3.1K/t, 2019 $47.9K/t, 2020 $51.0K/t, 2022 $61.8K/t, 2023 $56.4K/t
- Republic of Korea: 2017 $27.4K/t, 2019 $38.5K/t, 2020 $42.3K/t, 2022 $57.5K/t, 2023 $59.9K/t
- Germany: 2017 $28.2K/t, 2019 $33.1K/t, 2020 $41.5K/t, 2022 $43.1K/t, 2023 $46.9K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $24.3K/t | Not reported | $553.7M | 90 |
| 2019 | $42.3K/t | +74.2% | $881.8M | 120 |
| 2020 | $48.0K/t | +13.6% | $1.3B | 125 |
| 2022 | $54.1K/t | +12.6% | $2.7B | 126 |
| 2023 | $59.8K/t | +10.5% | $2.9B | 132 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 147 importer markets; 593 reported market-year observations.

## FAQ

### What does Viet Nam price positioning show for HS 850440?

It compares Viet Nam's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Electrical static converters market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "VNM",
  "hs_code": "850440",
  "summary": {
    "num_markets": 147,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 8088151.515151515,
    "lowest_price_importer_iso3": "BFA",
    "lowest_price_usd_per_ton": 404.51612903225805,
    "median_price_across_markets": 56548.445803304945,
    "price_spread_pct": 14302.332953861302,
    "avg_quantity_metric_tons": 283.44007419898816,
    "total_trade_value_usd": 8276617149
  },
  "marketRows": [
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      "price_vs_median_pct": -4.854259613824729,
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    },
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  "marketAggregates": [
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      "importer_iso3": "ECU",
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