Machinery & Electrical Import-Export Trade Data | Global Buyers & Suppliers

The machinery and electrical products global trade is among the largest and most rapidly expanding segments, facilitating industrialization, automation, and infrastructure development in various countries. As a worldwide import export data provider, we provide meaningful insights on machinery & electrical trade that allow companies to get connected with authentic buyers and suppliers across the globe. With accurate import export data, companies can find new markets, study competitors, and keep up in the global supply chain.

Total Machinery & Electrical Exports

According to the latest import export trade data provider reports, global machinery & electrical exports crossed USD 4.1 trillion in 2023–24, showing steady growth despite supply chain challenges and fluctuating energy costs. Electrical machinery, semiconductors, transformers, power tools, and industrial equipment formed the backbone of this sector. Countries like China, Germany, the United States, Japan, and South Korea dominated exports, while emerging economies in Asia and Africa witnessed higher imports to meet rising industrial and consumer demand.

Top Machinery & Electrical Products Exported

The machinery & electrical industry covers a broad range of categories, from household appliances to advanced manufacturing tools. Based on the latest Machinery & Electrical Import-Export Data, the leading export products include:

1. Electrical machinery & equipment (HS Code 85) – Including generators, switches, and semiconductors.
2. Industrial machinery (HS Code 84) – Boilers, engines, pumps, and automation equipment.
3. Computers & office machines – Essential for the digital economy.
4. Telecommunications equipment – Mobile devices, routers, and networking gear.
5. Power tools & consumer electronics – A growing demand segment globally.

These categories account for a significant share of international shipments and are vital for both developed and emerging markets.

Top 5 Exporting Countries

Based on global import export data, the top five machinery & electrical exporters in 2023–24 were:

1. China – Leading with dominance in consumer electronics, semiconductors, and machinery.
2. Germany – Strong in industrial machinery and automotive electrical equipment.
3. United States – Exporter of high-tech machinery and electrical systems.
4. Japan – Specializing in precision equipment and advanced electronics.
5. South Korea – Known for semiconductors, electronic components, and heavy machinery.

Top 5 Importing Countries

The top five global importers of machinery & electrical goods included:

1. United States – High demand for industrial machinery, semiconductors, and consumer electronics.
2. Germany – Importing raw materials and specialized components.
3. India – A rapidly growing market for industrial machinery and consumer appliances.
4. Vietnam – Emerging hub for electronics manufacturing.
5. Mexico – Strong imports for assembly lines and manufacturing.

Top Export & Import Companies in India

India is both a growing exporter and importer of machinery & electrical goods. According to Machinery & Electrical Import-Export Data, leading companies include:

Top Export Companies in India

• Larsen & Toubro Limited (L&T)
• Bharat Heavy Electricals Limited (BHEL)
• Havells India Ltd.
• Crompton Greaves Consumer Electricals
• Kirloskar Group

Top Import Companies in India

• Samsung India Electronics Pvt. Ltd.
• LG Electronics India Pvt. Ltd.
• Siemens India Ltd.
• Bosch Limited
• ABB India Ltd.

These firms contribute significantly to India’s trade footprint, boosting domestic manufacturing and global competitiveness.

Global Trade Issues in Machinery & Electrical

While trade volumes continue to expand, the industry faces multiple global challenges:

• Supply Chain Disruptions – Semiconductor shortages and logistics delays.
• Tariff & Trade Barriers – Regulatory policies affecting exports.
• Sustainability & Green Technology – Demand for eco-friendly machinery.
• Geopolitical Tensions – Affecting global supply routes and pricing.
• Digital Transformation – Push for smart machinery and automation.

Businesses rely on accurate import export trade data provider platforms to anticipate risks and explore alternative markets.

HSN Codes for Machinery & Electrical

The two main Harmonized System (HSN) codes that cover machinery & electrical products are:

• HSN Code 84 – Nuclear reactors, boilers, machinery, and mechanical appliances.
• HSN Code 85 – Electrical machinery, equipment, and parts.

Using import export data, companies can track shipments based on HSN codes for precise product-level insights.

Latest News & Trends

Recent developments in the machinery & electrical trade include:

• Semiconductor Investments – New manufacturing plants in India, the U.S., and Europe.
• Green Energy Equipment – Growing exports of solar panels, wind turbines, and batteries.
• Automation & AI Integration – Demand for smart machinery in factories.
• India’s Growth – India’s imports of industrial machinery rose by 12% in 2023–24, driven by Make in India initiatives.

With robust Machinery & Electrical Import-Export Data, businesses can forecast trends, discover new buyers & suppliers, and stay competitive.

Conclusion

The machinery & electrical sector is the backbone of global trade, powering industries and economies worldwide. With exports crossing trillions of dollars annually, businesses need access to reliable global import export data provider platforms to connect with buyers, suppliers, and partners across markets. Whether tracking import export data, analyzing competitors, or identifying growth opportunities, trade intelligence is the key to success in the machinery & electrical industry.

Q1. What is Machinery & Electrical Import-Export Data?
A: Machinery & Electrical Import-Export Data provides detailed insights into the international trade of products under HS codes 84 and 85, including machinery, industrial tools, electrical equipment, and consumer electronics. It helps businesses identify buyers, suppliers, shipment volumes, and trade trends.

Q2. Who are the top exporters of machinery & electrical products?
A: The top exporters in 2023–24 include China, Germany, the United States, Japan, and South Korea. These countries dominate due to advanced manufacturing, strong supply chains, and global demand for electrical machinery and industrial equipment.

Q3. How can businesses benefit from an import export trade data provider?
A: A reliable import export trade data provider helps companies track global shipments, monitor competitors, discover new markets, and connect with verified buyers & suppliers. This data-driven approach reduces risk and supports business expansion.