# HS 851430 Industrial Or Laboratory Electric global trade data...

Reported global trade in industrial or laboratory electric, other than induction dielectric or resistance heated reached $991.5M in 2024, with five-year annual growth of -1.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $912.5M | -17.4% | -4.8% |
| 2014 | $825.1M | -9.6% | -8.5% |
| 2015 | $889.7M | +7.8% | -7% |
| 2016 | $830.2M | -6.7% | -3.1% |
| 2017 | $839.1M | +1.1% | +0.6% |
| 2018 | $919.9M | +9.6% | +1.1% |
| 2019 | $1.1B | +16.5% | +8.9% |
| 2020 | $926.3M | -13.6% | +3.4% |
| 2021 | $1.1B | +19.6% | +6.4% |
| 2022 | $1.0B | -6.1% | -1% |
| 2023 | $1.1B | +9.5% | +7.2% |
| 2024 | $991.5M | -13% | -3.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $118.9M | +6.7% | 47 |
| Indonesia | $116.1M | -17.1% | 21 |
| Viet Nam | $96.9M | +11.8% | 28 |
| China | $87.7M | -2.8% | 40 |
| Germany | $38.8M | +15.1% | 48 |
| Thailand | $38.7M | +1.6% | 32 |
| Mexico | $38.4M | -1.1% | 82 |
| France | $36.4M | +27% | 32 |
| India | $31.8M | -5.5% | 40 |
| Japan | $30.7M | +8.6% | 27 |
| Russia | $30.2M | +13.3% | 14 |
| Malaysia | $22.3M | -9.1% | 22 |

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