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Main export destination countries of transformers in China in March 2022

Writer: Hengfeng you electric Time:2023-05-09 views:times

According to the statistics of the Chinese customs, in March, 2022, the export of transformers (mainly including 1kv-35kv oil immersed distribution transformers, oil immersed power transformers above 66kV, 1kv-35kv dry-type distribution transformers, dry-type electronic transformers below 1kV, transformers, etc.) in China reached US $301 million, a year-on-year increase of 27.05%; The export volume was 274728700 sets, a year-on-year increase of 0.20%. In the first three months, China's Transformer exports totaled 928million US dollars, a year-on-year increase of 28.82%; The export volume was 794.9961 million units, a year-on-year increase of 2.54%.
Main export destination countries of transformers in China in March 2022
In terms of the proportion of global transformer exports, China's transformer products accounted for the second place in the world, reaching 10.99%. As transformers are technology intensive industries with high market concentration, most of the enterprises producing various types of transformers are concentrated in Mexico, China, Canada, the United States, Turkey and other countries, and the top five countries account for more than half of the export volume. The top five countries, Mexico, Turkey, Canada and the United States, accounted for 18.59%, 8.38%, 6.86% and 6% respectively.
 
The top ten countries and regions in China's Transformer export destination countries are:
 
Hong Kong, China -17.94%, the United States -10.21%, Indonesia -6.59%, Japan -5.29%, Vietnam -4.11%, Germany -3.67%, Mexico -3.56%, India -2.94%, the Philippines -2.83% and the United Arab Emirates -2.79%, accounting for 59.93% of China's exports of this product.
 
Special note: Customs HS code number of "transformer" in this report:
 
85042100 (rated capacity ≤ 650kva liquid dielectric transformer)
 
85042200 (650kva< rated voltage ≤ 10MVA liquid dielectric transformer)
 
85042311 (10< rated capacity <220mva liquid transformer)
 
85042312 (220 ≤ rated capacity <330mva liquid transformer)
 
85042313 (330 ≤ rated capacity <400mva liquid transformer)
 
85042321 (400 ≤ rated capacity <500mva liquid transformer)
 
85042329 (liquid transformer with rated capacity ≥ 500mva)
 
85043110 (transformer with rated capacity not exceeding 1kVA)
 
85043190 (other transformers with rated capacity ≤ 1kVA)
 
85043210 (1kva< transformer with rated capacity ≤ 16KVA)
 
85043290 (1< other transformers with rated capacity ≤ 16KVA)
 
85043310 (16kva< rated capacity ≤ 500KVA transformer)
 
85043390 (16kva< rated capacity ≤ 500KVA other transformers)
 
85043410 (transformer with rated capacity >500kva)
 
85043490 (other transformers with rated capacity >500kva).
 
(data source: China Customs data, collated by HENGFENGYOU ELECTRIC Martin)
 
At present, with the rapid development of the global power market, developing countries have an urgent need to improve the entire power system. The replacement of existing transformers and the adoption of smart grid and smart transformers have greatly promoted the development of the global power transformer market. Take the Pakistani market as an example. Most of the transmission and transformation lines and equipment in Pakistan were installed in the 1970s and 1980s. Some remote areas have never been transformed. There are serious losses in the process of power transportation and they need to be upgraded.

Qingdao Hengfengyou Electric. Factory &Manufacturer 30years.Distribution transformers, medium and low voltage switchgear, distribution board, Pad mounted transformers and Compact substations. sold to more than 50 countries around the world. Complete product certification. Hengfengyou Electric will provide you with the best electrical product solutions, https://www.hengfengyou.com  ; info@hengfengyou.com ; WhatsApp:+86158 5325 2696(Jack)    +86158 5326 5269(Alisa)



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