# HS 271600 Electrical Energy global trade data overview...

Reported global trade in electrical energy reached $63.5B in 2024, with five-year annual growth of +12.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $36.0B | -12.7% | +1.4% |
| 2014 | $35.7B | -0.8% | -5.5% |
| 2015 | $31.6B | -11.6% | -8.5% |
| 2016 | $27.9B | -11.6% | -8.1% |
| 2017 | $32.4B | +15.9% | -3.2% |
| 2018 | $37.3B | +15.2% | +5.7% |
| 2019 | $34.9B | -6.5% | +7.7% |
| 2020 | $30.1B | -13.8% | -2.4% |
| 2021 | $68.2B | +126.9% | +22.3% |
| 2022 | $130.5B | +91.4% | +55.3% |
| 2023 | $76.9B | -41.1% | +36.7% |
| 2024 | $63.5B | -17.4% | -2.4% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Germany | $6.9B | +27.8% | 27 |
| Italy | $5.4B | +20.2% | 19 |
| Hungary | $3.6B | +20.1% | 13 |
| United Kingdom | $3.5B | +21.5% | 9 |
| USA | $2.3B | +2.5% | 6 |
| Switzerland, Liechtenstein | $2.2B | +9.8% | 8 |
| Thailand | $2.1B | +10% | 4 |
| Austria | $1.7B | +9.4% | 12 |
| Netherlands | $1.7B | +17.4% | 28 |
| Belgium | $1.6B | +28.7% | 9 |
| Slovakia | $1.5B | +13.3% | 7 |
| Romania | $1.5B | +40.1% | 7 |

_Source: reported merchandise trade data. Updated 2026-08-14._