2023
Exports
$7.32MWorld Rnk 58 / 213
Flag Rnk 423 / 1207
2023
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.95Rnk 194 / 1025
2023
Imports
$40.2MWorld Rnk 58 / 221
Flag Rnk 359 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $7.32M in Electrical Lighting and Signalling Equipment, making it the 58th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 423rd most exported product in Ireland. The main destination of Electrical Lighting and Signalling Equipment exports from Ireland are: Germany ($2.49M), United Kingdom ($1.46M), Portugal ($1.05M), Hong Kong ($337k), and Spain ($295k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Ireland between 2022 and 2023 were Germany ($1.77M), Hong Kong ($107k), and Poland ($66.3k).

Imports In 2023, Ireland imported $40.2M in Electrical Lighting and Signalling Equipment, becoming the 58th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 359th most imported product in Ireland. Ireland imports Electrical Lighting and Signalling Equipment primarily from: United Kingdom ($14M), China ($7.76M), Chinese Taipei ($3.46M), Germany ($2.87M), and Poland ($2.21M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Ireland between 2022 and 2023 were China ($1.92M), United Kingdom ($1.18M), and Poland ($817k).

Latest Trends

Dec 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 (2023)$7.32M
IMPORTS (2023)$40.2M
NET TRADE (2023)-$32.8M

In 2023, Ireland exported $7.32M in Electrical Lighting and Signalling Equipment. The main destinations of Ireland exports on Electrical Lighting and Signalling Equipment were Germany ($2.49M), United Kingdom ($1.46M), Portugal ($1.05M), Hong Kong ($337k), and Spain ($295k).

In 2023, Ireland imported $40.2M in Electrical Lighting and Signalling Equipment, mainly from United Kingdom ($14M), China ($7.76M), Chinese Taipei ($3.46M), Germany ($2.87M), and Poland ($2.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Germany$1.77M (246%)
Hong Kong$107k (46.2%)
Poland$66.3k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Ireland WERE (2022 - 2023):
Belgium-$1.74M (-95.9%)
Sweden-$1.47M (-99.1%)
Netherlands-$382k (-88.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $4.94B
In 2023, Ireland'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 Kingdom+ $1.56M
TOP IMPORT POTENTIALChina+ $3.81M

Electrical Lighting and Signalling Equipment’s highest export potential is United Kingdom. With an export gap of $1.56M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $3.81M.

See methodology.

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