Electrical Lighting and Signalling Equipment in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $5.89B in Electrical Lighting and Signalling Equipment, making it the 1st largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 118th most exported product in China. The main destination of Electrical Lighting and Signalling Equipment exports from China are: United States ($1.25B), Japan ($432M), Mexico ($362M), Germany ($259M), and India ($193M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of China between 2021 and 2022 were United States ($75.8M), Singapore ($51.6M), and United Arab Emirates ($46.4M).

Imports In 2022, China imported $1.42B in Electrical Lighting and Signalling Equipment, becoming the 4th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 177th most imported product in China. China imports Electrical Lighting and Signalling Equipment primarily from: Germany ($417M), Mexico ($355M), Japan ($158M), United States ($106M), and South Korea ($43.3M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for China between 2021 and 2022 were Mexico ($238M), Portugal ($2.13M), and France ($1.9M).

COMPANIES In 2023, leading companies such as CrimsonLogic (334), REI (Recreational Equipment Incorporated) (157), and General Motors (131) were at the forefront of shipping Electrical Lighting and Signalling Equipment from China to the United States.

Latest Trends

October 2024

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Overview In October 2024 China's Electrical Lighting and Signalling Equipment exports accounted up to $561M and imports accounted up to $130M, resulting in a positive trade balance of $431M. Between October 2023 and October 2024 the exports of China's Electrical Lighting and Signalling Equipment have increased by $73.4M (15.1%) from $488M to $561M, while imports decreased by $-30M (-18.7%) from $160M to $130M.

Destinations In October 2024, Electrical Lighting and Signalling Equipment were exported mostly to United States ($85.4M), Japan ($46.9M), Mexico ($34.7M), Russia ($30.4M), and South Korea ($19.6M), and were imported mostly from Czechia ($26.5M), Germany ($16.5M), Mexico ($13.9M), Japan ($13.2M), and Slovakia ($11.5M).

Growth In October 2024, the increase in Electrical Lighting and Signalling Equipment's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($11.2M or 109%), Singapore ($8.71M or 444%), and Kazakhstan ($6.05M or 251%). In October 2024, the decrease in Electrical Lighting and Signalling Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany ($-14.9M or -38%), Japan ($-10.1M or -42.9%), and Slovenia ($-9.13M or -62.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$73.4M(15.1%)

IMPORT GROWTH (October 2023 - October 2024)$-30M(-18.7%)

MAIN EXPORTER (October 2024)Guangdong Province$180M

MAIN DESTINATION (October 2024)United States$85.4M

This section shows Electrical Lighting and Signalling Equipment'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 Electrical Lighting and Signalling Equipment over time.

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