2023
Exports
$314MWorld Rnk 2 / 143
Flag Rnk 659 / 1215
2023
PRODUCT COMPLEXITY IN Traffic Signals
1.04Rnk 165 / 1025
2023
Imports
$59MWorld Rnk 13 / 215
Flag Rnk 735 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $314M in Traffic Signals, making it the 2nd largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 659th most exported product in China. The main destination of Traffic Signals exports from China are: United States ($32.5M), Indonesia ($23.6M), Morocco ($18.3M), Russia ($16.7M), and Germany ($12.8M).

The fastest growing export markets for Traffic Signals of China between 2022 and 2023 were Russia ($9.54M), Germany ($9.48M), and Kazakhstan ($8.88M).

Imports In 2023, China imported $59M in Traffic Signals, becoming the 13th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 735th most imported product in China. China imports Traffic Signals primarily from: Germany ($12.9M), Japan ($9.09M), Austria ($5.75M), United Kingdom ($5.03M), and Italy ($4.73M).

The fastest growing import markets in Traffic Signals for China between 2022 and 2023 were United Kingdom ($4.02M), Italy ($3.52M), and Japan ($2.29M).

COMPANIES In 2024, leading companies such as GE RENEWABLES NORTH AMERICA LLC (42), Robert Bosch (14), and Bass Pro Shops (6) were at the forefront of shipping Traffic Signals from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-10.9M(-26.1%)
IMPORT GROWTH (December 2023 - December 2024)$-258k(-6.69%)
MAIN EXPORTER (December 2024)Beijing$78.9M
MAIN DESTINATION (December 2024)Mexico$5.48M

This section shows Traffic Signals'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 Traffic Signals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$314M
IMPORTS (2023)$59M
NET TRADE (2023)$255M

In 2023, China exported $314M in Traffic Signals. The main destinations of China exports on Traffic Signals were United States ($32.5M), Indonesia ($23.6M), Morocco ($18.3M), Russia ($16.7M), and Germany ($12.8M).

In 2023, China imported $59M in Traffic Signals, mainly from Germany ($12.9M), Japan ($9.09M), Austria ($5.75M), United Kingdom ($5.03M), and Italy ($4.73M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$9.54M (134%)
Germany$9.48M (283%)
Kazakhstan$8.88M (2.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY China WERE (2022 - 2023):
Indonesia-$71.4M (-75.2%)
Thailand-$16.5M (-88.2%)
United States-$10.8M (-25%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Traffic Signals were:
In 2023, China's main importing competitors in Traffic Signals were:

Explore Visualizations

Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.5M
TOP IMPORT POTENTIALGermany+ $3.23M

Traffic Signals’s highest export potential is United States. With an export gap of $10.5M.   Traffic Signals’s highest import potential is Germany with an import gap of $3.23M.

See methodology.

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