2022
Exports
$22.5MWorld Rnk 22 / 138
Flag Rnk 732 / 1212
2022
PRODUCT COMPLEXITY IN Traffic Signals
1.02Rnk 165 / 1025
2022
Imports
$58.4MWorld Rnk 13 / 210
Flag Rnk 575 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $22.5M in Traffic Signals, making it the 22nd largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 732nd most exported product in India. The main destination of Traffic Signals exports from India are: Germany ($5.32M), United Kingdom ($4.52M), Israel ($1.19M), United States ($1.05M), and United Arab Emirates ($1.04M).

The fastest growing export markets for Traffic Signals of India between 2021 and 2022 were Germany ($2.13M), United Kingdom ($1.41M), and Malaysia ($738k).

Imports In 2022, India imported $58.4M in Traffic Signals, becoming the 13th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 575th most imported product in India. India imports Traffic Signals primarily from: Germany ($11.8M), China ($5.91M), Austria ($5.29M), Japan ($4.71M), and Belgium ($3.52M).

The fastest growing import markets in Traffic Signals for India between 2021 and 2022 were United States ($2.41M), Austria ($1.51M), and Denmark ($1.37M).

COMPANIES In 2023, leading companies such as SIGMA Corp (1) were at the forefront of shipping Traffic Signals from India to the United States.

Latest Trends

Nov 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 Traffic Signals. 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)$22.5M
IMPORTS (2022)$58.4M
NET TRADE (2022)-$35.9M

In 2022, India exported $22.5M in Traffic Signals. The main destinations of India exports on Traffic Signals were Germany ($5.32M), United Kingdom ($4.52M), Israel ($1.19M), United States ($1.05M), and United Arab Emirates ($1.04M).

In 2022, India imported $58.4M in Traffic Signals, mainly from Germany ($11.8M), China ($5.91M), Austria ($5.29M), Japan ($4.71M), and Belgium ($3.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR India WERE (2021 - 2022):
Germany$2.13M (66.6%)
United Kingdom$1.41M (45.5%)
Malaysia$738k (272%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY India WERE (2021 - 2022):
Russia-$1.31M (-100%)
Ghana-$1.31M (-70.1%)
Thailand-$1.07M (-90.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Traffic Signals were:
In 2022, India's main importing competitors in Traffic Signals were:

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.58M
TOP IMPORT POTENTIALChina+ $8.8M

Traffic Signals’s highest export potential is United States. With an export gap of $1.58M.   Traffic Signals’s highest import potential is China with an import gap of $8.8M.

See methodology.

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