Electrical Lighting and Signalling Equipment in China | The Observatory of Economic Complexity

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Exports In 2023, China exported $4.94B in Electrical Lighting and Signalling Equipment, making it the 1st largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 129th most exported product in China. The main destination of Electrical Lighting and Signalling Equipment exports from China are: United States ($574M), Japan ($460M), Mexico ($456M), Germany ($224M), and South Korea ($207M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of China between 2022 and 2023 were South Korea ($75.5M), Russia ($65.9M), and Japan ($58.2M).

Imports In 2023, China imported $1.43B in Electrical Lighting and Signalling Equipment, becoming the 4th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 174th most imported product in China. China imports Electrical Lighting and Signalling Equipment primarily from: Germany ($338M), Mexico ($246M), Japan ($139M), Czechia ($126M), and Slovakia ($69.2M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for China between 2022 and 2023 were Vietnam ($13.7M), Czechia ($6.57M), and Sweden ($2.97M).

COMPANIES In 2024, leading companies such as CrimsonLogic (265), General Motors (244), and REI (Recreational Equipment Incorporated) (54) were at the forefront of shipping Electrical Lighting and Signalling Equipment from China to the United States.

Latest Trends

December 2024

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Overview In December 2024 China's Electrical Lighting and Signalling Equipment exports accounted up to $667M and imports accounted up to $144M, resulting in a positive trade balance of $524M. Between December 2023 and December 2024 the exports of China's Electrical Lighting and Signalling Equipment have increased by $58.4M (9.59%) from $609M to $667M, while imports decreased by $-75.9M (-34.5%) from $220M to $144M.

Destinations In December 2024, Electrical Lighting and Signalling Equipment were exported mostly to United States ($109M), Japan ($48.5M), Mexico ($31.7M), Russia ($25.1M), and Malaysia ($24M), and were imported mostly from Czechia ($38.5M), Germany ($17.3M), Japan ($17.2M), Mexico ($14.6M), and Slovakia ($8.86M).

Growth In December 2024, the increase in Electrical Lighting and Signalling Equipment's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($17.4M or 962%), United States ($14.3M or 13.7%), and Japan ($8.2M or 19.9%). In December 2024, the decrease in Electrical Lighting and Signalling Equipment's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-5.59M or -22.1%), Spain ($-3.82M or -46.8%), and United States ($-3.68M or -51.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$58.4M(9.59%)

IMPORT GROWTH (December 2023 - December 2024)$-75.9M(-34.5%)

MAIN EXPORTER (December 2024)Guangdong Province$180M

MAIN DESTINATION (December 2024)United States$109M

This section shows Electrical Lighting and Signalling Equipment's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Electrical Lighting and Signalling Equipment over time.

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