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850410 (Harmonized System 1992 for 6-digit)

2022
World Trade $737MRnk 2523 / 4648
2022
Top Exporter | Top Importer $196M | $157MChina | United States
2022
Product Complexity 0.48Rnk 1680 / 4653
2021 - 2022
Export Growth (CAGR) -36.1%Rnk 4488 / 4648
2022
Share of World Trade 0.0031%Rnk 2523 / 4648

About

Overview This page contains the latest trade data of Ballasts for discharge lamps or tubes. In 2022, Ballasts for discharge lamps or tubes were the world's 2523rd most traded product, with a total trade of $737M. Between 2021 and 2022 the exports of Ballasts for discharge lamps or tubes decreased by -36.1%, from $1.15B to $737M. Trade in Ballasts for discharge lamps or tubes represent 0.0031% of total world trade.

Ballasts for discharge lamps or tubes are a part of Electrical Transformers.

Exports In 2022 the top exporters of Ballasts for discharge lamps or tubes  were China ($196M), Germany ($102M), Mexico ($50.7M), Italy ($39.8M), and United States ($39.5M).

Imports In 2022 the top importers of Ballasts for discharge lamps or tubes were United States ($157M), Germany ($61.6M), France ($29.3M), Spain ($28.4M), and Mexico ($28.1M).

Ranking Ballasts for discharge lamps or tubes ranks 1680th in the Product Complexity Index (PCI).

Description A ballast is a device that supplies the proper voltage and prevents the arc from being extinguished. Ballasts are designed for a specific type of lamp, and may be very sensitive to changes in temperature or other factors.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ballasts for discharge lamps or tubes. 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$196M
Top Destination (2022)United States$157M

In 2022 Ballasts for discharge lamps or tubes were the world's 2523rd most traded product (out of 4,648).

In 2022, the top exporters of Ballasts for discharge lamps or tubes were China ($196M), Germany ($102M), Mexico ($50.7M), Italy ($39.8M), and United States ($39.5M).

In 2022, the top importers of Ballasts for discharge lamps or tubes were United States ($157M), Germany ($61.6M), France ($29.3M), Spain ($28.4M), and Mexico ($28.1M).

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Exporters of Ballasts for discharge lamps or tubes (2022)
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Importers of Ballasts for discharge lamps or tubes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$6.83M
Top Destination Growth (2021 -  2022)India$4.65M

Between 2021 and 2022, the exports of Ballasts for discharge lamps or tubes grew the fastest in Canada ($6.83M), Hungary ($3.59M), Estonia ($2.83M), Spain ($1.3M), and Brazil ($1.28M).

Between 2021 and 2022, the fastest growing importers of Ballasts for discharge lamps or tubes were India ($4.65M), Latvia ($3.37M), France ($2.18M), Serbia ($1.76M), and Denmark ($1.63M).

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Exporters of Ballasts for discharge lamps or tubes (2021 - 2022)

Importers of Ballasts for discharge lamps or tubes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ballasts for discharge lamps or tubes.

In 2022, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Ballasts for discharge lamps or tubes are explained by 18 countries.

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Value of Exports in Ballasts for discharge lamps or tubes

Net Trade

TOP NET EXPORTER (2022)China$178M
TOP NET IMPORTER (2022)United States$117M

This map shows which countries export or import more of Ballasts for discharge lamps or tubes. Each country is colored based on the difference in exports and imports of Ballasts for discharge lamps or tubes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ballasts for discharge lamps or tubes were China ($178M), Germany ($40.9M), Mexico ($22.6M), Italy ($19M), and Bulgaria ($15.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Ballasts for discharge lamps or tubes were United States ($117M), Czechia ($19.6M), Canada ($15.7M), France ($14.5M), and Spain ($13.4M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Ballasts for discharge lamps or tubes 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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