Chinese Transformer Manufacturers Experience Export Boom Amid Global Demand Surge
Chinese transformer manufacturers are experiencing unprecedented export growth driven by multiple global demand drivers. Jiangxi Transformer Technology (Jiangbian Technology) reported overseas equipment shipments exceeding RMB 600 million in 2026, with production running continuously since the third day of Lunar New Year to meet order commitments .
Industry-Wide Export Growth:
TBEA reported international transmission and substation market contracts of $1.24 billion** in the first three quarters of 2025, up over 80% year-over-year. In August 2025, TBEA announced a **$2.4 billion contract with Saudi Electric Company for ultra-high-voltage and high-voltage transformers and reactors .
Samsung Electric has won transformer orders from Greece, Mexico, Brazil, Hungary, and the Netherlands since 2023.
China XD Group won transformer orders in Paraguay, Canada, and Puerto Rico in Q1 2026.
China's transformer exports totaled over RMB 64.6 billion in 2025, up nearly 36% year-over-year, with average unit export price rising about one-third .
