2022
Exports
$3.32BWorld Rnk 3 / 209
Flag Rnk 104 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$4.13BWorld Rnk 2 / 222
Flag Rnk 73 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $3.32B in Electrical Lighting and Signalling Equipment, making it the 3rd largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 104th most exported product in Germany. The main destination of Electrical Lighting and Signalling Equipment exports from Germany are: China ($417M), United States ($359M), Slovakia ($213M), France ($203M), and United Kingdom ($180M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Germany between 2021 and 2022 were United States ($226M), Singapore ($28M), and United Arab Emirates ($11.5M).

Imports In 2022, Germany imported $4.13B in Electrical Lighting and Signalling Equipment, becoming the 2nd largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 73rd most imported product in Germany. Germany imports Electrical Lighting and Signalling Equipment primarily from: Czechia ($852M), Slovakia ($447M), Spain ($380M), Austria ($302M), and Poland ($293M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Germany between 2021 and 2022 were Bulgaria ($12.9M), Serbia ($9.58M), and United Kingdom ($9.16M).

COMPANIES In 2023, leading companies such as Volkswagen (3.25k), Volvo (71), and ZF Friedrichshafen (68) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Germany to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electrical Lighting and Signalling Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.32B
IMPORTS (2022)$4.13B
NET TRADE (2022)-$812M

In 2022, Germany exported $3.32B in Electrical Lighting and Signalling Equipment. The main destinations of Germany exports on Electrical Lighting and Signalling Equipment were China ($417M), United States ($359M), Slovakia ($213M), France ($203M), and United Kingdom ($180M).

In 2022, Germany imported $4.13B in Electrical Lighting and Signalling Equipment, mainly from Czechia ($852M), Slovakia ($447M), Spain ($380M), Austria ($302M), and Poland ($293M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$226M (170%)
Singapore$28M (244%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Germany WERE (2021 - 2022):
China-$123M (-22.8%)
Poland-$40.6M (-28.4%)
Czechia-$32.8M (-18.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
In 2022, Germany's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $121M
TOP IMPORT POTENTIALChina+ $115M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $121M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $115M.

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