Key Market Indicators
American Transformer export and import is forecast to reach $7.2 billion and $17.9 billion respectively by 2026. Since 1996, American transformer export and import has grown steadily. On average, export has risen 2.9% year-on-year and import 1.5% year-on-year. In 2021, American transformer export is estimated to reach $6.6 billion and import $16.2 billion. By 2026, export is forecast to reach $7.2 billion and import $17.9 billion. China, Germany and Mexico are the top three import suppliers to the US. They provide the US with a large portion of its transformer demand.
