Electric Motor Import List 2025: Explore Top Electric Motor Buyers, Importers & Trade Insights
Discover the Electric Motor Import List 2025 featuring top global buyers and importers. Explore detailed trade insights, import trends, & key market data driving the electric motor industry worldwide.
Electric motors are the backbone of modern industry, driving everything from electric vehicles to factory machinery, appliances, and renewable energy systems. As industries scale and the global shift to electrification accelerates, the trade in electric motors and components has become a vital indicator of industrial health and technological advancement. According to the latest global trade data and electric motor import data, the total value of electric motor imports reached a record high $74.15 billion in 2024, a 3% increase from the previous year. The USA is the largest electric motor importer in the world, as per the US import data.
Between 2023 and 2025, international import data reveal significant changes in how countries source, distribute, and consume electric motors. The patterns reveal a broader narrative of shifting supply chains, rising industrial powerhouses, and evolving trade strategies. This comprehensive article examines the latest electric motor import data for 2024–25, identifies the top importing countries and major buyers, and provides key trade insights that shape global markets.
Global Overview: Electric Motor Trade 2024–25
Electric motors, classified primarily under HS Code 8501 (Electric motors and generators, excluding generating sets) and 8503 (Parts of electric motors and generators), are traded in massive volumes. The market spans thousands of variants such as AC motors, DC motors, servo motors, stepper motors, and parts for industrial and consumer applications.
Global Growth Trends
-
Between June 2024 and May 2025, global shipments of electric motors were estimated at over 330,000 consignments, traded among nearly 40,000 exporters and 38,000 importers worldwide.
-
This represents an estimated 14–15% growth in trade volume compared with the previous 12-month period.
-
The Asia-Pacific region now dominates both production and consumption, led by China, Vietnam, India, and South Korea.
Import Value & Volume
-
The global value of electric motor imports exceeded USD 74 billion in 2024, up from roughly USD 73 billion in 2023.
-
Growth was driven by industrial automation, EV manufacturing, and renewable energy systems, particularly in Asia and North America, as per the IEA report.
-
In unit terms, DC motors and small fractional-horsepower motors accounted for the highest number of units traded globally, over 10 billion pieces in 2024.
Key Dynamics
-
China remains the largest exporter, with more than half of all export shipments.
-
Vietnam and Mexico have emerged as massive import hubs due to their expanding manufacturing bases.
-
The United States and Germany lead in import value, focusing on high-efficiency and specialized industrial motors.
-
India has become a major market for both imports and re-exports, driven by electric vehicle demand and Make-in-India initiatives.
Electric Motor Imports by Country: Top 10 Electric Motor Importing Countries
Electric motor imports play a significant role in global trade, with several countries emerging as key players in this dynamic market. The top 10 electric motor-importing countries showcase a notable impact on the industry, highlighting countries such as the United States, China, Germany, and Japan as major importers of electric motors. These countries demonstrate a strong demand for efficient and innovative electric motor technologies, driving the import market's growth and influencing global supply chains. The top 10 electric motor importers by country, as per the electric motor shipment data and electric motor import by country for 2024-25, include:
1. USA: $13.54 billion (18.3%)
The United States tops the list as the largest importer of electric motors, with a total import value of $13.54 billion, accounting for 18.3% of the global market share, as per the USA electric motor import data by HS code. The country's robust manufacturing sector, along with the growing demand for electric vehicles and appliances, drives the need for high-quality electric motors from overseas suppliers.
2. Germany: $7.35 billion (9.9%)
Germany, known for its advanced engineering and automotive industry, ranks second with electric motor imports totaling $7.35 billion, representing 9.9% of the market share. The country's focus on renewable energy and electric mobility drives the demand for efficient and sustainable electric motors from international markets.
3. China: $3.97 billion (5.4%)
As a major player in global manufacturing and technology, China secures the third position with electric motor imports amounting to $3.97 billion, accounting for 5.4% of the market share. With the rapid growth of electric vehicles and industrial automation in the country, the demand for high-performance electric motors continues to rise.
4. Mexico: $3.66 billion (4.9%)
Mexico emerges as a key importer of electric motors, with imports totaling $3.66 billion, making up 4.9% of the market share. The country's proximity to the United States, coupled with its strong manufacturing base and automotive industry, fuels the demand for electric motors for various applications.
5. South Korea: $3.44 billion (4.6%)
South Korea, known for its technological innovation and electronics industry, ranks fifth in electric motor imports, with a total import value of $3.44 billion, representing 4.6% of the market share. The country's focus on electric vehicles, home appliances, and automation drives the need for high-quality electric motors from global suppliers.
6. Italy: $2.20 billion (3%)
Italy stands out as a significant importer of electric motors, with imports amounting to $2.20 billion, accounting for 3% of the market share. The country's strong automotive and machinery sectors, along with increasing investments in renewable energy, contribute to the demand for advanced electric motors from international sources.
7. France: $2.10 billion (2.8%)
France secures the seventh position in electric motor imports, with a total import value of $2.10 billion, making up 2.8% of the market share. The country's focus on electric mobility, renewable energy, and industrial automation drives the demand for energy-efficient electric motors from global suppliers.
8. Japan: $2.08 billion (2.8%)
Japan, known for its technical expertise and automotive industry, ranks eighth in electric motor imports, with imports totaling $2.08 billion, representing 2.8% of the market share, as per Japan electric motor import data. The country's strong emphasis on robotics, electric vehicles, and automation drives the need for high-performance electric motors for various applications.
9. United Kingdom: $1.85 billion (2.5%)
The United Kingdom emerges as a significant importer of electric motors, with a total import value of $1.85 billion, accounting for 2.5% of the market share. The country's focus on electric vehicles, renewable energy, and industrial automation fuels the demand for cutting-edge electric motors from international suppliers.
10. Canada: $1.66 billion (2.2%)
Canada rounds up the list of top electric motor importing countries, with imports amounting to $1.66 billion, making up 2.2% of the market share, as per the Canada electric motor import data. The country's thriving automotive industry, renewable energy sector, and industrial automation drive the demand for high-quality electric motors from global markets.
List of Top Electric Motor Buyers & Importers: Global Electric Motor Importers Database
The Global Electric Motor Importers Database is a valuable resource for businesses seeking to connect with key players in the global electric motor industry. This comprehensive database provides access to a curated list of top electric motor buyers and importers, enabling companies to expand their reach and forge profitable partnerships. The leading electric motor importing companies, as per the electric motor importers data and global electric motor buyers list for 2024-25, include:
|
Rank |
Company Name |
Approx. Import Value (2024) |
Primary Electric Motor Types Imported |
Industry / Use Segment |
|
1 |
Hyosung Heavy Industries Co., Ltd. (South Korea) |
$1.25 billion |
High-capacity AC industrial motors, generator motors, synchronous motors |
Power generation, transformers, heavy electrical equipment |
|
2 |
VinFast Trading & Production Co. Ltd. (Vietnam) |
$950 million |
Traction motors, BLDC (brushless DC) motors, permanent magnet motors |
Electric vehicles, mobility solutions |
|
3 |
Regal Beloit America Inc. (United States) |
$870 million |
AC induction motors, HVAC motors, servos, and variable frequency motors |
Industrial HVAC, pumps, drives, automation |
|
4 |
Siemens AG (Germany) |
$760 million |
High-efficiency IE3/IE4 industrial motors, servo motors, automation-grade motors |
Industrial automation, robotics, process industries |
|
5 |
WEG Industries India Pvt Ltd (India) |
$690 million |
Three-phase AC motors, induction motors, energy-efficient IE3 motors |
Industrial machinery, power systems, infrastructure |
|
6 |
Bosch Mobility Solutions (Germany) |
$630 million |
EV traction motors, small DC motors, stepper motors |
Automotive and mobility components |
|
7 |
Mitsubishi Electric Corporation (Japan) |
$580 million |
Servo motors, AC induction motors, drive-integrated motors |
Automation, robotics, HVAC, industrial systems |
|
8 |
Atlas Copco Ltd. (India) |
$520 million |
Compressor motors, high-torque industrial motors, custom drive systems |
Compressors, manufacturing, pneumatic systems |
|
9 |
ABB Group (Switzerland) |
$480 million |
Large industrial AC motors, synchronous motors, automation motors |
Process industries, energy, and utilities |
|
10 |
General Motors EV Division (United States) |
$450 million |
Traction motors, permanent magnet synchronous motors (PMSM), & inverter-integrated drives |
Electric vehicle propulsion systems |
Detailed Analysis of the Top Electric Motor Importing Countries
1. United States
-
Import Value (2024): USD 13.5 billion.
-
Global Share: Nearly 18% of total world imports.
-
Growth: 8% year-on-year.
-
The U.S. continues to dominate high-value imports, particularly AC industrial motors, servo motors, and motor parts for manufacturing, HVAC, and automotive use.
-
A significant share of U.S. imports originates from Mexico, China, Germany, and Japan.
2. Germany
-
Import Value (2024): USD 7.3 billion.
-
Global Share: 9-10%.
-
Key Segments: High-efficiency motors for automotive, robotics, and industrial automation.
-
Germany imports extensively from intra-EU partners such as Italy, France, and the Czech Republic, along with imports from China.
3. Mexico
-
Import Value (2024): USD 3.6 billion.
-
Shipments: Over 130,000 consignments.
-
Trend: Rapid growth due to nearshoring and EV manufacturing expansion.
-
Mexico imports primarily from the U.S. and China, assembling motors for export and local use in automotive industries.
4. Vietnam
-
Import Share: Roughly 30–35% of total global shipments by count (though lower by value).
-
Drivers: Vietnam’s manufacturing boom, driven by electronics, appliances, and EV component assembly.
-
The country both imports finished motors and re-exports assembled systems, positioning itself as a regional manufacturing hub.
5. China
-
While a top exporter, China also imports specialized high-performance motors and precision parts.
-
Imports are mainly for the automation and robotics sectors, showing a domestic shift toward higher-end manufacturing.
Global Electric Motor Imports in the Last 10 Years: Yearly Electric Motor Import Data
|
Year of Imports |
Electric Motor Import Value ($) |
|
2014 |
$53.72 billion |
|
2015 |
$50.64 billion |
|
2016 |
$49.35 billion |
|
2017 |
$53.66 billion |
|
2018 |
$59.86 billion |
|
2019 |
$59.28 billion |
|
2020 |
$55.98 billion |
|
2021 |
$67.56 billion |
|
2022 |
$72.91 billion |
|
2023 |
$73.68 billion |
|
2024 |
$74.15 billion |
Major Buyers of Electric Motors Globally (Company-Level Data)
In 2024–25, global trade records show several large corporations consistently ranking among the top importers of electric motors by shipment count and value.
Global Leaders
|
Rank |
Company |
Country |
Approx. Shipments (2024–25) |
Key Application Areas |
|
1 |
Hyosung Heavy Industries |
South Korea |
43,000+ |
Heavy electrical equipment, transformers, and industrial motors |
|
2 |
VinFast Trading & Production |
Vietnam |
27,000+ |
Electric vehicles and mobility systems |
|
3 |
Regal Beloit America Inc. |
United States |
18,000+ |
HVAC, industrial drives, and energy systems |
|
4 |
WEG Industries India Pvt Ltd |
India |
2,000+ |
Industrial and commercial motor solutions |
|
5 |
Atlas Copco Ltd. |
India |
500+ |
Compressors and industrial automation |
|
6 |
MGM Varvel Power Transmission Pvt Ltd |
India |
450+ |
Mechanical power and motor integration systems |
These companies represent the front line of industrial electrification. Their imports include standard AC/DC motors, high-efficiency models, and parts for localized assembly.
Electric Motor Parts and Components Trade
The trade in motor parts (HS Code 8503) is just as vital as whole motors. Components such as stators, rotors, commutators, and housings are globally sourced to optimize costs.
Global Import Statistics (2024)
-
Value: USD 12.5 billion in imports of parts alone.
-
Top Importers:
-
European Union (especially Germany and France)
-
United States
-
Mexico
-
China
-
South Korea
Many developed economies import large quantities of components to assemble complete motors locally, ensuring value addition within their borders.
Key Observations
-
China supplies over 50% of the world’s motor parts in shipment terms.
-
Europe and North America focus on integrating these components into high-value systems (machinery, EVs, robotics).
-
The supply chain is modular, parts are imported, assembled regionally, and re-exported as finished motors or machines.
DC Motor Import Patterns
DC motors, particularly small motors used in appliances, EVs, and electronics, make up the largest share of global unit imports.
Unit Volume
-
Over 10 billion DC motors were imported worldwide in 2024.
-
India led in unit count with over 1.1 billion units, followed by China, Hong Kong SAR, the U.S., and Thailand.
Value Trends
-
Total global import value for DC motors in 2024: USD 32–33 billion (a slight decline from USD 34.6 billion in 2023).
-
The decline in value despite higher unit volume reflects falling per-unit prices, driven by cost competition and commoditization.
Emerging Trend
Manufacturers are increasingly importing compact, low-cost DC motors for EV components, robotics, and smart devices. The demand for brushless DC (BLDC) and permanent magnet synchronous motors (PMSM) is expanding rapidly, especially in EV production.
Trade Insights and Forecasts for Electric Motors
Key Insights
-
Shift Toward Electrification: The global EV boom, electrified factories, and renewable energy infrastructure are all motor-driven, boosting demand across categories.
-
Price Compression: Despite growing volumes, average import prices are falling due to Chinese and Vietnamese cost competitiveness.
-
Parts Import Boom: Countries are importing more parts and assembling locally, reducing logistics costs and creating domestic employment.
-
Energy Efficiency Regulation: Higher import demand for IE3, IE4, and IE5 energy-efficient motors as countries enforce stricter environmental norms.
-
Localization Strategies: Many countries are promoting domestic assembly and local motor manufacturing to reduce reliance on imports.
Forecast (2025–2027)
-
Global electric motor imports are expected to grow at a CAGR of 6–8% through 2027.
-
Asia-Pacific will remain the largest market, contributing more than 50% of global import volume.
-
Electric vehicle motor imports could double by 2027 due to rapid EV adoption.
-
Parts and subassemblies trade will continue to outpace whole-motor imports, indicating modular production models.
Challenges in the Electric Motor Import Trade
-
Tariff Fluctuations: Import duties and anti-dumping measures can shift sourcing decisions. Several countries have introduced protective tariffs to support local manufacturing.
-
Raw Material Constraints: Motors require copper, steel, and rare earth magnets, materials facing global supply pressure and price volatility.
-
Geopolitical Risk: Ongoing trade tensions and logistics disruptions affect the reliability of supply chains, particularly in the Asia-Pacific corridor.
-
Quality Compliance: Imported motors must meet international standards such as IEC, NEMA, and energy efficiency certifications. Non-compliance can lead to trade restrictions.
Recommendations for Industry Stakeholders
For Importers and Distributors:
-
Diversify sourcing to mitigate geopolitical and supply risks.
-
Focus on importing motors that meet higher efficiency standards (IE3 or above).
-
Track tariff policies and free-trade agreements to optimize cost structures.
For Manufacturers and Exporters:
-
Emphasize product differentiation, noise reduction, efficiency, and smart control integration.
-
Partner with regional assemblers to localize production.
-
Maintain cost leadership through automation and component standardization.
For Policymakers:
-
Encourage domestic motor and component manufacturing through incentives and technology partnerships.
-
Standardize efficiency norms to align with global benchmarks.
-
Invest in port infrastructure to streamline imports and exports.
Conclusion and Final Thoughts
The 2024–25 period marks a pivotal moment for the global electric motor trade. Import data shows a clear pattern, rising demand, regional diversification, and a shift toward efficiency and electrification. Countries like Vietnam and Mexico dominate import shipments, the United States and Germany lead in high-value imports, and India is rapidly emerging as both a major importer and exporter. Meanwhile, China remains the powerhouse exporter, shaping global pricing and supply dynamics. For businesses, this trade data underscores opportunity, from component sourcing to EV motor manufacturing. For policymakers, it highlights the need to balance trade flows with local capability-building. The electric motor industry is not just powering machines anymore; it’s powering the next phase of industrial transformation.
We hope that you liked our insightful blog report on the global electric motor import list 2025. For more insights into the global trade trends or search live data on electric motor imports by country or company, visit TradeImeX. Contact us at info@tradeimex.in for customized trade reports, market insights, and a verified database of the top electric motor buyers & importers, as per your requirements.
Share
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0


