# HS 853641 Relays global trade data overview | Yugalinks

Reported global trade in relays, (for a voltage not exceeding 60 volts) reached $4.4B in 2024, with five-year annual growth of +1.2%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $4.3B | +6.3% | +6.5% |
| 2014 | $4.4B | +3.3% | +2.3% |
| 2015 | $4.1B | -8.7% | +0.1% |
| 2016 | $4.1B | +1.5% | -1.4% |
| 2017 | $4.4B | +5.8% | -0.6% |
| 2018 | $4.7B | +7.6% | +4.9% |
| 2019 | $4.2B | -10.7% | +0.5% |
| 2020 | $3.8B | -8.4% | -4.2% |
| 2021 | $4.8B | +25.3% | +0.8% |
| 2022 | $5.0B | +3.5% | +5.9% |
| 2023 | $4.8B | -4.3% | +7.4% |
| 2024 | $4.4B | -6.5% | -2.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Mexico | $448.3M | +4.4% | 127 |
| China | $446.0M | -4.4% | 79 |
| Germany | $430.1M | -0.5% | 85 |
| USA | $396.7M | +1.2% | 88 |
| Republic of Korea | $175.6M | +0.6% | 68 |
| France | $149.7M | +5.3% | 91 |
| Japan | $149.5M | -6.3% | 54 |
| Netherlands | $136.5M | +5.9% | 73 |
| Italy | $136.1M | +8% | 59 |
| India | $131.4M | +12.7% | 60 |
| Czechia | $112.2M | +16.2% | 67 |
| Viet Nam | $87.3M | +14.4% | 52 |

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