{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Electric motors (HS4 8501) Trade Overview | Yugalinks",
  "description": "Review reported global trade for electric motors at HS4 8501, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/8501",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/8501/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/8501/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/8501/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/8501/index.ld.json",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app",
    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai"
  },
  "subsector": {
    "hs4": "8501",
    "name": "Electric motors"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The electric motors subsector recorded $71.8B in reported global trade in 2024, with +0.3% annual change.",
  "keyFigures": {
    "latestTradeUsd": 71815348595.16426,
    "latestAnnualChangePct": 0.3067615750395894,
    "activeExporters": 195,
    "activeImporters": 200,
    "activeHs6Products": 14
  },
  "growthAndStructure": {
    "trendLabel": "Growing",
    "tradeCagr3yPct": 3.64317782050807,
    "tradeCagr5yPct": 5.011590840179347,
    "historicalPeakUsd": 71815348595.16426,
    "historicalPeakYear": 2024,
    "positiveGrowthYearSharePct": 79.3103448275862,
    "exporterConcentrationHhi": 1227.2280539573696,
    "importerConcentrationHhi": 727.5103538394636,
    "tradeVolatilityCv": 0.4502535099973839
  },
  "annualRows": [
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      "year": 1995,
      "hs4": 8501,
      "global_trade_usd": 15107230860.452536,
      "corridor_count": 5206,
      "active_hs6_count": 14
    },
    {
      "year": 1996,
      "hs4": 8501,
      "global_trade_usd": 15791440069.449654,
      "corridor_count": 5244,
      "active_hs6_count": 14
    },
    {
      "year": 1997,
      "hs4": 8501,
      "global_trade_usd": 16200657984.250875,
      "corridor_count": 5353,
      "active_hs6_count": 14
    },
    {
      "year": 1998,
      "hs4": 8501,
      "global_trade_usd": 16866336777.417381,
      "corridor_count": 5468,
      "active_hs6_count": 14
    },
    {
      "year": 1999,
      "hs4": 8501,
      "global_trade_usd": 17736742584.23455,
      "corridor_count": 5863,
      "active_hs6_count": 14
    },
    {
      "year": 2000,
      "hs4": 8501,
      "global_trade_usd": 19168848497.41153,
      "corridor_count": 6908,
      "active_hs6_count": 14
    },
    {
      "year": 2001,
      "hs4": 8501,
      "global_trade_usd": 18976118855.461353,
      "corridor_count": 6957,
      "active_hs6_count": 14
    },
    {
      "year": 2002,
      "hs4": 8501,
      "global_trade_usd": 20046811823.528812,
      "corridor_count": 7200,
      "active_hs6_count": 14
    },
    {
      "year": 2003,
      "hs4": 8501,
      "global_trade_usd": 22640574137.739826,
      "corridor_count": 7413,
      "active_hs6_count": 14
    },
    {
      "year": 2004,
      "hs4": 8501,
      "global_trade_usd": 25607195377.24342,
      "corridor_count": 7577,
      "active_hs6_count": 14
    },
    {
      "year": 2005,
      "hs4": 8501,
      "global_trade_usd": 28280779334.478165,
      "corridor_count": 7678,
      "active_hs6_count": 14
    },
    {
      "year": 2006,
      "hs4": 8501,
      "global_trade_usd": 32413973568.80711,
      "corridor_count": 8176,
      "active_hs6_count": 14
    },
    {
      "year": 2007,
      "hs4": 8501,
      "global_trade_usd": 37758159375.79161,
      "corridor_count": 8581,
      "active_hs6_count": 14
    },
    {
      "year": 2008,
      "hs4": 8501,
      "global_trade_usd": 42943165348.161545,
      "corridor_count": 8768,
      "active_hs6_count": 14
    },
    {
      "year": 2009,
      "hs4": 8501,
      "global_trade_usd": 33905581589.220814,
      "corridor_count": 8688,
      "active_hs6_count": 14
    },
    {
      "year": 2010,
      "hs4": 8501,
      "global_trade_usd": 39877627682.03799,
      "corridor_count": 8906,
      "active_hs6_count": 14
    },
    {
      "year": 2011,
      "hs4": 8501,
      "global_trade_usd": 47044301497.676735,
      "corridor_count": 9215,
      "active_hs6_count": 14
    },
    {
      "year": 2012,
      "hs4": 8501,
      "global_trade_usd": 47540698583.59768,
      "corridor_count": 9406,
      "active_hs6_count": 14
    },
    {
      "year": 2013,
      "hs4": 8501,
      "global_trade_usd": 47973656496.84248,
      "corridor_count": 9352,
      "active_hs6_count": 14
    },
    {
      "year": 2014,
      "hs4": 8501,
      "global_trade_usd": 50789201387.0338,
      "corridor_count": 9646,
      "active_hs6_count": 14
    },
    {
      "year": 2015,
      "hs4": 8501,
      "global_trade_usd": 47375727550.47487,
      "corridor_count": 9849,
      "active_hs6_count": 14
    },
    {
      "year": 2016,
      "hs4": 8501,
      "global_trade_usd": 47157128201.03396,
      "corridor_count": 9963,
      "active_hs6_count": 14
    },
    {
      "year": 2017,
      "hs4": 8501,
      "global_trade_usd": 51558514831.29428,
      "corridor_count": 10090,
      "active_hs6_count": 14
    },
    {
      "year": 2018,
      "hs4": 8501,
      "global_trade_usd": 56506238457.16667,
      "corridor_count": 10252,
      "active_hs6_count": 14
    },
    {
      "year": 2019,
      "hs4": 8501,
      "global_trade_usd": 56238157567.61454,
      "corridor_count": 10265,
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    },
    {
      "year": 2020,
      "hs4": 8501,
      "global_trade_usd": 53301267541.26067,
      "corridor_count": 9951,
      "active_hs6_count": 14
    },
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      "year": 2021,
      "hs4": 8501,
      "global_trade_usd": 64505257230.069145,
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    },
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      "year": 2022,
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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    },
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  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}