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851220 (Harmonized System 1992 for 6-digit)

2022
World Trade $22.6BRnk 142 / 4648
2022
Top Exporter | Top Importer $3.53B | $5.35BChina | United States
2022
Product Complexity 0.98Rnk 794 / 4653
2021 - 2022
Export Growth (CAGR) 3.99%Rnk 2379 / 4648
2022
Share of World Trade 0.095%Rnk 142 / 4648

About

Overview This page contains the latest trade data of Lighting/visual signalling equipment nes. In 2022, Lighting/visual signalling equipment nes were the world's 142nd most traded product, with a total trade of $22.6B. Between 2021 and 2022 the exports of Lighting/visual signalling equipment nes grew by 3.99%, from $21.7B to $22.6B. Trade in Lighting/visual signalling equipment nes represent 0.095% of total world trade.

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

Exports In 2022 the top exporters of Lighting/visual signalling equipment nes  were China ($3.53B), Mexico ($2.68B), Germany ($2B), Chinese Taipei ($1.63B), and Czechia ($1.56B).

Imports In 2022 the top importers of Lighting/visual signalling equipment nes were United States ($5.35B), Germany ($3.13B), Canada ($973M), Mexico ($959M), and China ($866M).

Ranking Lighting/visual signalling equipment nes ranks 794th 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 (2022)China$3.53B
Top Destination (2022)United States$5.35B

In 2022 Lighting/visual signalling equipment nes were the world's 142nd most traded product (out of 4,648).

In 2022, the top exporters of Lighting/visual signalling equipment nes were China ($3.53B), Mexico ($2.68B), Germany ($2B), Chinese Taipei ($1.63B), and Czechia ($1.56B).

In 2022, the top importers of Lighting/visual signalling equipment nes were United States ($5.35B), Germany ($3.13B), Canada ($973M), Mexico ($959M), and China ($866M).

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Exporters of Lighting/visual signalling equipment nes (2022)
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Importers of Lighting/visual signalling equipment nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$407M
Top Destination Growth (2021 -  2022)United States$637M

Between 2021 and 2022, the exports of Lighting/visual signalling equipment nes grew the fastest in Mexico ($407M), China ($287M), Germany ($86.5M), Hungary ($84.1M), and United States ($79.2M).

Between 2021 and 2022, the fastest growing importers of Lighting/visual signalling equipment nes were United States ($637M), Mexico ($158M), Canada ($135M), Italy ($85M), and Malaysia ($54M).

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Exporters of Lighting/visual signalling equipment nes (2021 - 2022)

Importers of Lighting/visual signalling equipment nes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Lighting/visual signalling equipment nes are explained by 20 countries.

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Value of Exports in Lighting/visual signalling equipment nes

Net Trade

TOP NET EXPORTER (2022)China$2.66B
TOP NET IMPORTER (2022)United States$3.91B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lighting/visual signalling equipment nes were China ($2.66B), Mexico ($1.72B), Chinese Taipei ($1.51B), Czechia ($1.11B), and South Korea ($586M).

In 2022, the countries that had a largest trade value in imports than in exports of Lighting/visual signalling equipment nes were United States ($3.91B), Germany ($1.13B), Canada ($622M), United Kingdom ($451M), and Brazil ($347M).

Net Trade (2022)

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 (2022)

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