2022
Exports
$255MWorld Rnk 27 / 209
Flag Rnk 261 / 1212
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$511MWorld Rnk 17 / 222
Flag Rnk 180 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $255M in Electrical Lighting and Signalling Equipment, making it the 27th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 261st most exported product in India. The main destination of Electrical Lighting and Signalling Equipment exports from India are: Brazil ($29.7M), Vietnam ($29.1M), United States ($20.2M), Indonesia ($15.9M), and Turkey ($15.4M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of India between 2021 and 2022 were Brazil ($16.9M), Indonesia ($11.3M), and Japan ($3.37M).

Imports In 2022, India imported $511M in Electrical Lighting and Signalling Equipment, becoming the 17th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 180th most imported product in India. India imports Electrical Lighting and Signalling Equipment primarily from: China ($193M), South Korea ($111M), Germany ($32.3M), Singapore ($30.2M), and Thailand ($27M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for India between 2021 and 2022 were China ($25.3M), Singapore ($21.3M), and United States ($6.42M).

COMPANIES In 2023, leading companies such as VOLVO GROUP NORTH AMERICA LLC (82), ZF FRIEDRICHSHAFEN AG (16), and KUBOTA ENGINE AMERICA CORPORATION (14) were at the forefront of shipping Electrical Lighting and Signalling Equipment from India to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$255M
IMPORTS (2022)$511M
NET TRADE (2022)-$256M

In 2022, India exported $255M in Electrical Lighting and Signalling Equipment. The main destinations of India exports on Electrical Lighting and Signalling Equipment were Brazil ($29.7M), Vietnam ($29.1M), United States ($20.2M), Indonesia ($15.9M), and Turkey ($15.4M).

In 2022, India imported $511M in Electrical Lighting and Signalling Equipment, mainly from China ($193M), South Korea ($111M), Germany ($32.3M), Singapore ($30.2M), and Thailand ($27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR India WERE (2021 - 2022):
Brazil$16.9M (132%)
Indonesia$11.3M (251%)
Japan$3.37M (34.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY India WERE (2021 - 2022):
Russia-$17.2M (-77.8%)
Romania-$4.09M (-34.1%)
Czechia-$2.93M (-49.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, India's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

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