Emerging economies' electricity demand is strong; China's electrical equipment exports have maintained growth for three consecutive years | Going Global · Energy

WealthCoffee · 2026-03-06T15:28:59+00:00

Against the backdrop of rising global electricity investments, China's electrical equipment exports are strong, with an expected export value of $37.4 billion by 2025, a 26% year-over-year increase. Transformers have become a major growth highlight, accounting for 41% of total exports. Electrical equipment mainly includes core components and related transmission and distribution equipment for thermal power, hydropower, wind power, and nuclear power.

WealthCoffee

2026-03-06 15:28:59

Abstract generation in progress

[Caixin] Against the backdrop of a new upward cycle in global power investment, China’s power equipment exports are strengthening.

According to statistics from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, by 2025, the export value of China’s power equipment-related products will be approximately $37.4 billion (about 260 billion RMB), a year-on-year increase of 26%, with a 10.4 percentage point rise compared to the previous year, marking three consecutive years of growth. Among these, transformers stand out as the most prominent growth highlight, accounting for about 41% of the total export value.

Power equipment covers a broad range of products. The scope of the Machinery and Electronic Products Chamber of Commerce mainly includes core components of power generation equipment such as thermal, hydro, wind, and nuclear power, as well as supporting transmission and distribution equipment like transformers, wires, and cables. It does not include end-use electrical appliances and photovoltaic modules.

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