# HS 842531 Powered By An Electric Motor global trade data...

Reported global trade in powered by an electric motor reached $1.4B in 2024, with five-year annual growth of +3.1%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.6B | +12.5% | +12.4% |
| 2014 | $1.9B | +14.6% | +14.8% |
| 2015 | $1.7B | -8.4% | +5.7% |
| 2016 | $1.2B | -27.6% | -8.7% |
| 2017 | $1.2B | -3.7% | -13.8% |
| 2018 | $1.2B | +3.8% | -10.2% |
| 2019 | $1.2B | -5.7% | -1.9% |
| 2020 | $1.1B | -2.9% | -1.7% |
| 2021 | $1.3B | +13.2% | +1.2% |
| 2022 | $1.3B | -2.7% | +2.3% |
| 2023 | $1.3B | +6.1% | +5.3% |
| 2024 | $1.4B | +2.4% | +1.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $217.7M | +6.6% | 54 |
| China | $89.8M | -1.9% | 43 |
| Republic of Korea | $58.1M | +5.3% | 29 |
| Turkey | $49.7M | +14.7% | 33 |
| Viet Nam | $45.7M | +1.9% | 31 |
| Canada | $44.3M | +2.9% | 41 |
| Germany | $43.8M | -3.8% | 61 |
| Italy | $41.6M | +10.4% | 40 |
| France | $41.1M | +6.6% | 52 |
| United Kingdom | $38.6M | -4% | 51 |
| India | $36.5M | +11% | 34 |
| Japan | $35.9M | +0.7% | 32 |

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