# HS 850434 N.E.S. In Item No. 8504.2 global trade data...

Reported global trade in n.e.s. in item no. 8504.2, having a power handling capacity exceeding 500kva reached $2.4B in 2024, with five-year annual growth of +10.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.7B | -7.7% | -4% |
| 2014 | $1.7B | +0.2% | -0.2% |
| 2015 | $1.5B | -9.3% | -5.7% |
| 2016 | $1.6B | +4.9% | -1.6% |
| 2017 | $1.4B | -9.6% | -4.9% |
| 2018 | $1.7B | +16.1% | +3.3% |
| 2019 | $1.5B | -11.5% | -2.4% |
| 2020 | $1.4B | -7% | -1.5% |
| 2021 | $1.3B | -2.9% | -7.2% |
| 2022 | $1.7B | +29.2% | +5.3% |
| 2023 | $2.1B | +22.9% | +15.5% |
| 2024 | $2.4B | +13.6% | +21.7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $453.1M | +25% | 56 |
| Germany | $187.1M | +24.5% | 50 |
| Malaysia | $75.3M | +17.4% | 34 |
| Spain | $66.3M | +12.7% | 39 |
| Denmark | $65.8M | +4.2% | 32 |
| Thailand | $63.6M | +17% | 39 |
| France | $62.3M | +20.9% | 44 |
| Sweden | $57.6M | +13.9% | 29 |
| Australia | $54.4M | +17.1% | 30 |
| United Kingdom | $52.3M | +16.1% | 45 |
| Saudi Arabia | $52.2M | +32.5% | 33 |
| Taiwan | $50.5M | +31% | 25 |

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