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Pricing

Lighting or visual signalling equipment (excluding articles of heading no. 8539), windscreen wipers, defrosters and demisters; electrical, of a kind used for cycles or motor vehicles

8512 (Harmonized System 1992 for 4-digit)

2022
World Trade $34.2BRnk 133 / 1218
2022
Top Exporter | Top Importer $5.89B | $7.77BChina | United States
2022
Product Complexity 0.94Rnk 196 / 1033
2021 - 2022
Export Growth (CAGR) 1.61%Rnk 788 / 1218
2022
Share of World Trade 0.14%Rnk 133 / 1218

About

Overview This page contains the latest trade data of Electrical Lighting and Signalling Equipment. In 2022, Electrical Lighting and Signalling Equipment were the world's 133rd most traded product, with a total trade of $34.2B. Between 2021 and 2022 the exports of Electrical Lighting and Signalling Equipment grew by 1.61%, from $33.6B to $34.2B. Trade in Electrical Lighting and Signalling Equipment represent 0.14% of total world trade.

Electrical Lighting and Signalling Equipment are a part of Electrical machinery and electronics. They include Lighting/visual signalling equipment nes, Parts of cycle & vehicle light, signal, etc equipment, Windscreen wipers/defrosters/demisters, Sound signalling equipment, and Lighting/signalling equipment as used on bicycles.

Exports In 2022 the top exporters of Electrical Lighting and Signalling Equipment  were China ($5.89B), Mexico ($3.86B), Germany ($3.32B), United States ($2.09B), and Czechia ($1.93B).

Imports In 2022 the top importers of Electrical Lighting and Signalling Equipment were United States ($7.77B), Germany ($4.13B), Mexico ($1.75B), China ($1.42B), and Canada ($1.19B).

Ranking Electrical Lighting and Signalling Equipment ranks 196th in the Product Complexity Index (PCI).

Description Windscreen wipers are used to clean the windshield of a car. They are usually made from rubber and come in different sizes. Defrosters and demisters are used to defrost or de-ice the windshield of a car. They are usually made from rubber and come in different sizes.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$5.89B
Top Destination (2022)United States$7.77B

In 2022 Electrical Lighting and Signalling Equipment were the world's 133rd most traded product (out of 1,218).

In 2022, the top exporters of Electrical Lighting and Signalling Equipment were China ($5.89B), Mexico ($3.86B), Germany ($3.32B), United States ($2.09B), and Czechia ($1.93B).

In 2022, the top importers of Electrical Lighting and Signalling Equipment were United States ($7.77B), Germany ($4.13B), Mexico ($1.75B), China ($1.42B), and Canada ($1.19B).

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Exporters of Electrical Lighting and Signalling Equipment (2022)
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Importers of Electrical Lighting and Signalling Equipment (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$569M
Top Destination Growth (2021 -  2022)United States$801M

Between 2021 and 2022, the exports of Electrical Lighting and Signalling Equipment grew the fastest in Mexico ($569M), China ($277M), United States ($111M), Vietnam ($64.3M), and Hungary ($59.4M).

Between 2021 and 2022, the fastest growing importers of Electrical Lighting and Signalling Equipment were United States ($801M), Mexico ($200M), Canada ($150M), Malaysia ($95.1M), and Singapore ($94.1M).

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Exporters of Electrical Lighting and Signalling Equipment (2021 - 2022)

Importers of Electrical Lighting and Signalling Equipment (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical Lighting and Signalling Equipment.

In 2022, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Electrical Lighting and Signalling Equipment are explained by 22 countries.

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Value of Exports in Electrical Lighting and Signalling Equipment

Net Trade

TOP NET EXPORTER (2022)China$4.47B
TOP NET IMPORTER (2022)United States$5.67B

This map shows which countries export or import more of Electrical Lighting and Signalling Equipment. Each country is colored based on the difference in exports and imports of Electrical Lighting and Signalling Equipment during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrical Lighting and Signalling Equipment were China ($4.47B), Mexico ($2.12B), Chinese Taipei ($1.7B), South Korea ($931M), and Czechia ($888M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical Lighting and Signalling Equipment were United States ($5.67B), Germany ($812M), Canada ($802M), United Kingdom ($647M), and Brazil ($487M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Electrical Lighting and Signalling Equipment, disaggragated by their HS6 level were Lighting/visual signalling equipment nes ($22.6B), Parts of cycle & vehicle light,... ($8.83B), Sound signalling equipment ($1.29B), Windscreen wipers/defrosters/demisters ($1B), and Lighting/signalling equipment as used on bicycles ($492M)

HS6 Disaggregation for Electrical Lighting and Signalling Equipment (2022)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Electrical Lighting and Signalling Equipment.
It is possible to select the main countries that export or import Electrical Lighting and Signalling Equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical Lighting and Signalling Equipment by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $85.2M
TOP IMPORT POTENTIALGermany+ $31M

Electrical Lighting and Signalling Equipment’s highest export potential is China. With an export gap of $85.2M.  Electrical Lighting and Signalling Equipment’s highest import potential is Germany with an import gap of $31M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Electrical Lighting and Signalling Equipment.

Country by Relatedness

The following visualization shows the relatedness of Electrical Lighting and Signalling Equipment to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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