# HS 854460 For A Voltage Exceeding 1000 Volts global trade...

Reported global trade in for a voltage exceeding 1000 volts reached $12.5B in 2024, with five-year annual growth of +12.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $7.2B | +1.7% | +6.9% |
| 2014 | $7.4B | +1.7% | +1% |
| 2015 | $6.8B | -7.3% | -1.4% |
| 2016 | $6.1B | -10.1% | -5.4% |
| 2017 | $6.0B | -1.9% | -6.5% |
| 2018 | $7.2B | +19.7% | +1.8% |
| 2019 | $7.0B | -2.9% | +4.5% |
| 2020 | $6.5B | -6.4% | +2.9% |
| 2021 | $8.3B | +27.3% | +5% |
| 2022 | $9.7B | +16.5% | +11.6% |
| 2023 | $10.6B | +8.9% | +17.3% |
| 2024 | $12.5B | +18.1% | +14.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $2.0B | +23.6% | 80 |
| Germany | $1.2B | +18.2% | 86 |
| United Kingdom | $778.4M | +9.9% | 76 |
| United Arab Emirates | $490.6M | +19.4% | 68 |
| Netherlands | $441.4M | +27.8% | 70 |
| Canada | $324.3M | +13.2% | 63 |
| Australia | $305.4M | +12.3% | 53 |
| Saudi Arabia | $302.6M | +23.7% | 54 |
| France | $242.3M | +11.8% | 72 |
| Italy | $234.0M | +22.3% | 64 |
| Poland | $234.0M | +14% | 61 |
| Spain | $217.8M | +28.3% | 58 |

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