HS4 subsector intelligence

Electric motors and generators
HS4 8503 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 85031995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$24.8BGlobal subsector value
02

Annual change

+0.8%Latest year on year
03

Exporters

189Active reporting countries
04

Importers

199Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$24.8B in trade, with +2.4% annualized growth over three years.

Electric motors and generators is recorded across 7,159 active corridors, with 189 exporters and 199 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $5.2B1996: $5.1B1997: $5.2B1998: $5.4B1999: $5.9B2000: $6.5B2001: $6.7B2002: $6.9B2003: $8.1B2004: $9.7B2005: $11.4B2006: $13.5B2007: $16.4B2008: $19.5B2009: $17.8B2010: $17.1B2011: $19.8B2012: $20.1B2013: $18.5B2014: $18.2B2015: $16.8B2016: $16.8B2017: $17.3B2018: $18.7B2019: $19.3B2020: $18.2B2021: $23.1B2022: $24.3B2023: $24.7B2024: $24.8B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$1.0B+9.4%13,359 kmYes
2ChinaCHNGermanyDEU$915.1M+14.3%18,415 kmNo
3JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$823.1M+22.5%110,872 kmNo
4ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$593.0M+0.5%111,883 kmNo
5ChinaCHNIndiaIND$481.0M+17.7%14,252 kmNo
6ChinaCHNViet NamVNM$426.1M-31.7%12,732 kmYes
7ChinaCHNMexicoMEX$405.5M+3.1%112,928 kmNo
8ChinaCHNJapanJPN$404.2M+4.3%11,763 kmNo
9USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$388.3M-2.7%13,359 kmYes
10ItalyITAGermanyDEU$352.0M-0.3%11,184 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$7.0B1971
2GermanyDEU$2.8B1731
3JapanJPN$1.7B1421
4USA, Puerto Rico and US Virgin IslandsUSA$1.3B1701
5ItalyITA$1.1B1661
6MexicoMEX$1.1B1161
7IndiaIND$975.2M1561
8FranceFRA$850.9M1641
9CzechiaCZE$571.9M1151
10Republic of KoreaKOR$432.8M1301
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$4.3B971
2GermanyDEU$3.6B991
3FranceFRA$1.2B871
4MexicoMEX$1.1B1191
5ItalyITA$751.4M741
6ChinaCHN$730.4M821
7IndiaIND$673.0M721
8PolandPOL$671.8M611
9JapanJPN$656.7M531
10Viet NamVNM$604.9M491

HS6 product coverage

The products inside HS4 8503

Six-digit classifications make the subsector specific. Browse the product workspace ↗

1 classifications shownElectric motors and generators
01
Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502HS6 850300

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.