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Signalling, safety or traffic control equipment; for railways, tramways, roads, inland waterways, parking facilities, port installations, airfields, excluding those of heading no. 8608

8530 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.77BRnk 686 / 1217
2023
Top Exporter | Top Importer $390M | $439MGermany | United States
2023
Product Complexity 0.81Rnk 245 / 1044
2022 - 2023
Export Growth (CAGR) 11.3%Rnk 136 / 1217
2023
Share of World Trade 0.012%Rnk 686 / 1217

About

Overview This page contains the latest trade data of Traffic Signals. In 2023, Traffic Signals were the world's 686th most traded product, with a total trade of $2.77B. Between 2022 and 2023 the exports of Traffic Signals grew by 11.3%, from $2.49B to $2.77B. Trade in Traffic Signals represent 0.012% of total world trade.

Traffic Signals are a part of Electrical machinery and electronics. They include Electric signal, safety & traffic controller parts, Electric signal, safety & traffic controls, nes, and Electric signal, safety & traffic controls, railway.

Exports In 2023 the top exporters of Traffic Signals  were Germany ($390M), China ($314M), Mexico ($206M), United States ($205M), and Austria ($199M).

Imports In 2023 the top importers of Traffic Signals were United States ($439M), Germany ($144M), Canada ($109M), United Kingdom ($96.1M), and Spain ($91.6M).

Ranking Traffic Signals ranks 245th in the Product Complexity Index (PCI).

Description Electrical signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, parking facilities, port installations or airfields are used to help regulate the flow of traffic. They can be made from a variety of materials, including steel and aluminum.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Traffic Signals. Countries are shown based on data availability.

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

Explore Latest Trends

* 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)Germany$390M
Top Destination (2023)United States$439M

In 2023 Traffic Signals were the world's 686th most traded product (out of 1,217).

In 2023, the top exporters of Traffic Signals were Germany ($390M), China ($314M), Mexico ($206M), United States ($205M), and Austria ($199M).

In 2023, the top importers of Traffic Signals were United States ($439M), Germany ($144M), Canada ($109M), United Kingdom ($96.1M), and Spain ($91.6M).

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Exporters of Traffic Signals (2023)
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Importers of Traffic Signals (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$104M
Top Destination Growth (2022 -  2023)United States$115M

Between 2022 and 2023, the exports of Traffic Signals grew the fastest in Mexico ($104M), Germany ($82.4M), United Kingdom ($52.5M), United States ($34.3M), and Austria ($33.2M).

Between 2022 and 2023, the fastest growing importers of Traffic Signals were United States ($115M), Germany ($37.5M), Mexico ($32.5M), Saudi Arabia ($22.5M), and Austria ($22.4M).

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Exporters of Traffic Signals (2022 - 2023)

Importers of Traffic Signals (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Traffic Signals.

In 2023, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Traffic Signals are explained by 23 countries.

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Value of Exports in Traffic Signals

Net Trade

TOP NET EXPORTER (2023)China$255M
TOP NET IMPORTER (2023)United States$234M

This map shows which countries export or import more of Traffic Signals. Each country is colored based on the difference in exports and imports of Traffic Signals during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Traffic Signals were China ($255M), Germany ($245M), Italy ($132M), Mexico ($123M), and Austria ($119M).

In 2023, the countries that had a largest trade value in imports than in exports of Traffic Signals were United States ($234M), Israel ($63.9M), Morocco ($58.9M), Saudi Arabia ($51.7M), and India ($41.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Traffic Signals, disaggragated by their HS6 level were Electric signal, safety & traffic controls,... ($1.17B), Electric signal, safety & traffic controller... ($962M), and Electric signal, safety & traffic controls,... ($640M)

HS6 Disaggregation for Traffic Signals (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Traffic Signals by percentage of total exports

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $886k
TOP IMPORT POTENTIALGermany+ $1.34M

Traffic Signals’s highest export potential is Canada. With an export gap of $886k.  Traffic Signals’s highest import potential is Germany with an import gap of $1.34M.

See methodology.

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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 Traffic Signals.

Country by Relatedness

The following visualization shows the relatedness of Traffic Signals 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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