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851290 (Harmonized System 1992 for 6-digit)

2022
World Trade $8.83BRnk 464 / 4648
2022
Top Exporter | Top Importer $1.51B | $2.04BChina | United States
2022
Product Complexity 0.54Rnk 1578 / 4653
2021 - 2022
Export Growth (CAGR) -2.14%Rnk 3277 / 4648
2022
Share of World Trade 0.037%Rnk 464 / 4648

About

Overview This page contains the latest trade data of Parts of cycle & vehicle light, signal, etc equipment. In 2022, Parts of cycle & vehicle light, signal, etc equipment were the world's 464th most traded product, with a total trade of $8.83B. Between 2021 and 2022 the exports of Parts of cycle & vehicle light, signal, etc equipment decreased by -2.14%, from $9.02B to $8.83B. Trade in Parts of cycle & vehicle light, signal, etc equipment represent 0.037% of total world trade.

Parts of cycle & vehicle light, signal, etc equipment are a part of Electrical Lighting and Signalling Equipment.

Exports In 2022 the top exporters of Parts of cycle & vehicle light, signal, etc equipment  were China ($1.51B), Mexico ($1.09B), Germany ($1.09B), Japan ($505M), and United States ($504M).

Imports In 2022 the top importers of Parts of cycle & vehicle light, signal, etc equipment were United States ($2.04B), Germany ($738M), Mexico ($713M), Czechia ($536M), and China ($417M).

Ranking Parts of cycle & vehicle light, signal, etc equipment ranks 1578th in the Product Complexity Index (PCI).

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Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of cycle & vehicle light, signal, etc 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$1.51B
Top Destination (2022)United States$2.04B

In 2022 Parts of cycle & vehicle light, signal, etc equipment were the world's 464th most traded product (out of 4,648).

In 2022, the top exporters of Parts of cycle & vehicle light, signal, etc equipment were China ($1.51B), Mexico ($1.09B), Germany ($1.09B), Japan ($505M), and United States ($504M).

In 2022, the top importers of Parts of cycle & vehicle light, signal, etc equipment were United States ($2.04B), Germany ($738M), Mexico ($713M), Czechia ($536M), and China ($417M).

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Exporters of Parts of cycle & vehicle light, signal, etc equipment (2022)
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Importers of Parts of cycle & vehicle light, signal, etc equipment (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$151M
Top Destination Growth (2021 -  2022)United States$179M

Between 2021 and 2022, the exports of Parts of cycle & vehicle light, signal, etc equipment grew the fastest in Mexico ($151M), United States ($43M), Serbia ($38.8M), South Korea ($33M), and Indonesia ($31.5M).

Between 2021 and 2022, the fastest growing importers of Parts of cycle & vehicle light, signal, etc equipment were United States ($179M), Mexico ($45M), Malaysia ($34M), Singapore ($29.9M), and Brazil ($24.5M).

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Exporters of Parts of cycle & vehicle light, signal, etc equipment (2021 - 2022)

Importers of Parts of cycle & vehicle light, signal, etc equipment (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of cycle & vehicle light, signal, etc equipment.

In 2022, market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Parts of cycle & vehicle light, signal, etc equipment are explained by 20 countries.

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Value of Exports in Parts of cycle & vehicle light, signal, etc equipment

Net Trade

TOP NET EXPORTER (2022)China$1.09B
TOP NET IMPORTER (2022)United States$1.54B

This map shows which countries export or import more of Parts of cycle & vehicle light, signal, etc equipment. Each country is colored based on the difference in exports and imports of Parts of cycle & vehicle light, signal, etc equipment during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of cycle & vehicle light, signal, etc equipment were China ($1.09B), Mexico ($377M), Germany ($351M), South Korea ($328M), and Japan ($182M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of cycle & vehicle light, signal, etc equipment were United States ($1.54B), Czechia ($245M), India ($155M), United Kingdom ($136M), and Brazil ($117M).

Net Trade (2022)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Parts of cycle & vehicle light, signal, etc equipment.
It is possible to select the main countries that export or import Parts of cycle & vehicle light, signal, etc equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of cycle & vehicle light, signal, etc equipment by percentage of total exports

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)

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