# HS 842511 Powered By An Electric Motor (Exclud global trade...

Reported global trade in powered by an electric motor (excluding skip hoists or hoists of a kind used for raising vehicles) reached $1.4B in 2024, with five-year annual growth of +4.9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.0B | -3.2% | +8.4% |
| 2014 | $1.1B | +10% | +5% |
| 2015 | $981.3M | -11.9% | -2.1% |
| 2016 | $887.3M | -9.6% | -4.3% |
| 2017 | $921.2M | +3.8% | -6.1% |
| 2018 | $1.0B | +12.2% | +1.7% |
| 2019 | $1.1B | +3.1% | +6.3% |
| 2020 | $891.3M | -16.3% | -1.1% |
| 2021 | $1.0B | +13.5% | -0.7% |
| 2022 | $1.1B | +5.1% | -0.1% |
| 2023 | $1.2B | +16.4% | +11.5% |
| 2024 | $1.4B | +9.3% | +10.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $179.2M | -2.4% | 58 |
| Canada | $132.6M | +6.5% | 34 |
| France | $50.4M | +13.5% | 44 |
| Germany | $50.0M | +8% | 52 |
| Mexico | $43.0M | +14% | 67 |
| United Kingdom | $39.8M | +5.2% | 40 |
| United Arab Emirates | $35.4M | +12.4% | 40 |
| China | $33.7M | -5% | 37 |
| Australia | $32.9M | +8.7% | 40 |
| Netherlands | $32.2M | +3% | 49 |
| Indonesia | $31.7M | +0.7% | 28 |
| Turkey | $30.9M | +26.4% | 37 |

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