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851220 (Harmonized System 1992 for 6-digit)

2023
World Trade $23.5BRnk 138 / 4644
2023
Top Exporter | Top Importer $3.08B | $5.21BMexico | United States
2023
Product Complexity 0.92Rnk 912 / 4656
2022 - 2023
Export Growth (CAGR) 4.89%Rnk 1048 / 4644
2023
Share of World Trade 0.1%Rnk 138 / 4644

About

Overview This page contains the latest trade data of Lighting/visual signalling equipment nes. In 2023, Lighting/visual signalling equipment nes were the world's 138th most traded product, with a total trade of $23.5B. Between 2022 and 2023 the exports of Lighting/visual signalling equipment nes grew by 4.89%, from $22.4B to $23.5B. Trade in Lighting/visual signalling equipment nes represent 0.1% of total world trade.

Lighting/visual signalling equipment nes are a part of Electrical Lighting and Signalling Equipment.

Exports In 2023 the top exporters of Lighting/visual signalling equipment nes  were Mexico ($3.08B), China ($2.75B), Czechia ($2.01B), Germany ($1.56B), and Chinese Taipei ($1.54B).

Imports In 2023 the top importers of Lighting/visual signalling equipment nes were United States ($5.21B), Germany ($3.83B), Canada ($1.15B), Mexico ($1.02B), and China ($933M).

Ranking Lighting/visual signalling equipment nes ranks 912th in the Product Complexity Index (PCI).

Description A signal light is typically a red or amber light that is used as a warning signal or a stop light. They are often used to warn drivers of construction or to tell drivers to stop. A flashlight is a light source that is used to illuminate and produce a narrow beam of intense light. It can be used to find things in the dark, and it is sometimes used as a signal light.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lighting/visual signalling equipment nes. 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 (2023)Mexico$3.08B
Top Destination (2023)United States$5.21B

In 2023 Lighting/visual signalling equipment nes were the world's 138th most traded product (out of 4,644).

In 2023, the top exporters of Lighting/visual signalling equipment nes were Mexico ($3.08B), China ($2.75B), Czechia ($2.01B), Germany ($1.56B), and Chinese Taipei ($1.54B).

In 2023, the top importers of Lighting/visual signalling equipment nes were United States ($5.21B), Germany ($3.83B), Canada ($1.15B), Mexico ($1.02B), and China ($933M).

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Exporters of Lighting/visual signalling equipment nes (2023)
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Importers of Lighting/visual signalling equipment nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$273M
Top Destination Growth (2022 -  2023)Germany$421M

Between 2022 and 2023, the exports of Lighting/visual signalling equipment nes grew the fastest in Mexico ($273M), Slovakia ($227M), Czechia ($202M), United States ($124M), and Poland ($109M).

Between 2022 and 2023, the fastest growing importers of Lighting/visual signalling equipment nes were Germany ($421M), United States ($257M), Canada ($186M), United Kingdom ($152M), and Slovakia ($137M).

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Exporters of Lighting/visual signalling equipment nes (2022 - 2023)

Importers of Lighting/visual signalling equipment nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lighting/visual signalling equipment nes.

In 2023, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Lighting/visual signalling equipment nes are explained by 22 countries.

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Value of Exports in Lighting/visual signalling equipment nes

Net Trade

TOP NET EXPORTER (2023)Mexico$2.06B
TOP NET IMPORTER (2023)United States$3.77B

This map shows which countries export or import more of Lighting/visual signalling equipment nes. Each country is colored based on the difference in exports and imports of Lighting/visual signalling equipment nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lighting/visual signalling equipment nes were Mexico ($2.06B), China ($1.82B), Czechia ($1.52B), Chinese Taipei ($1.4B), and South Korea ($852M).

In 2023, the countries that had a largest trade value in imports than in exports of Lighting/visual signalling equipment nes were United States ($3.77B), Germany ($2.27B), Canada ($773M), United Kingdom ($569M), and Brazil ($318M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Lighting/visual signalling equipment nes 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 (2023)

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