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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)

2023
World Trade $35.4BRnk 120 / 1217
2023
Top Exporter | Top Importer $4.94B | $7.44BChina | United States
2023
Product Complexity 0.8Rnk 251 / 1044
2022 - 2023
Export Growth (CAGR) 3.51%Rnk 293 / 1217
2023
Share of World Trade 0.16%Rnk 120 / 1217

About

Overview This page contains the latest trade data of Electrical Lighting and Signalling Equipment. In 2023, Electrical Lighting and Signalling Equipment were the world's 120th most traded product, with a total trade of $35.4B. Between 2022 and 2023 the exports of Electrical Lighting and Signalling Equipment grew by 3.51%, from $34.2B to $35.4B. Trade in Electrical Lighting and Signalling Equipment represent 0.16% 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 2023 the top exporters of Electrical Lighting and Signalling Equipment  were China ($4.94B), Mexico ($4.2B), Germany ($2.8B), Czechia ($2.31B), and United States ($2.02B).

Imports In 2023 the top importers of Electrical Lighting and Signalling Equipment were United States ($7.44B), Germany ($4.75B), Mexico ($2.02B), China ($1.43B), and Canada ($1.39B).

Ranking Electrical Lighting and Signalling Equipment ranks 251st 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 (2023)China$4.94B
Top Destination (2023)United States$7.44B

In 2023 Electrical Lighting and Signalling Equipment were the world's 120th most traded product (out of 1,217).

In 2023, the top exporters of Electrical Lighting and Signalling Equipment were China ($4.94B), Mexico ($4.2B), Germany ($2.8B), Czechia ($2.31B), and United States ($2.02B).

In 2023, the top importers of Electrical Lighting and Signalling Equipment were United States ($7.44B), Germany ($4.75B), Mexico ($2.02B), China ($1.43B), and Canada ($1.39B).

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Exporters of Electrical Lighting and Signalling Equipment (2023)
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Importers of Electrical Lighting and Signalling Equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$286M
Top Destination Growth (2022 -  2023)Germany$358M

Between 2022 and 2023, the exports of Electrical Lighting and Signalling Equipment grew the fastest in Mexico ($286M), Slovakia ($226M), United States ($192M), Czechia ($184M), and France ($154M).

Between 2022 and 2023, the fastest growing importers of Electrical Lighting and Signalling Equipment were Germany ($358M), Canada ($205M), Slovakia ($188M), United States ($178M), and United Kingdom ($157M).

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Exporters of Electrical Lighting and Signalling Equipment (2022 - 2023)

Importers of Electrical Lighting and Signalling Equipment (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.59. This means that most of the exports of Electrical Lighting and Signalling Equipment are explained by 24 countries.

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Value of Exports in Electrical Lighting and Signalling Equipment

Net Trade

TOP NET EXPORTER (2023)China$3.51B
TOP NET IMPORTER (2023)United States$5.42B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electrical Lighting and Signalling Equipment were China ($3.51B), Mexico ($2.18B), Chinese Taipei ($1.58B), South Korea ($1.19B), and Czechia ($1.08B).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical Lighting and Signalling Equipment were United States ($5.42B), Germany ($1.95B), Canada ($951M), United Kingdom ($773M), and Brazil ($452M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Electrical Lighting and Signalling Equipment, disaggragated by their HS6 level were Lighting/visual signalling equipment nes ($23.5B), Parts of cycle & vehicle light,... ($9.31B), Sound signalling equipment ($1.24B), Windscreen wipers/defrosters/demisters ($1.03B), and Lighting/signalling equipment as used on bicycles ($365M)

HS6 Disaggregation for Electrical Lighting and Signalling Equipment (2023)
[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 (2023)

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 (2023)

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