2022
Exports
$18.5MWorld Rnk 50 / 209
Flag Rnk 179 / 1168
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$29.5MWorld Rnk 68 / 222
Flag Rnk 295 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $18.5M in Electrical Lighting and Signalling Equipment, making it the 50th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 179th most exported product in New Zealand. The main destination of Electrical Lighting and Signalling Equipment exports from New Zealand are: Australia ($9.45M), Germany ($5.46M), United States ($671k), United Kingdom ($478k), and Romania ($372k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of New Zealand between 2021 and 2022 were Australia ($1.34M), United Kingdom ($446k), and Spain ($148k).

Imports In 2022, New Zealand imported $29.5M in Electrical Lighting and Signalling Equipment, becoming the 68th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 295th most imported product in New Zealand. New Zealand imports Electrical Lighting and Signalling Equipment primarily from: China ($6.06M), Japan ($3.7M), Australia ($3.46M), Chinese Taipei ($2.66M), and United States ($2.58M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for New Zealand between 2021 and 2022 were Vietnam ($899k), Slovakia ($516k), and Lithuania ($342k).

COMPANIES In 2023, leading companies such as Volkswagen (2) were at the forefront of shipping Electrical Lighting and Signalling Equipment from New Zealand to the United States.

Latest Trends

Sep 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)$18.5M
IMPORTS (2022)$29.5M
NET TRADE (2022)-$10.9M

In 2022, New Zealand exported $18.5M in Electrical Lighting and Signalling Equipment. The main destinations of New Zealand exports on Electrical Lighting and Signalling Equipment were Australia ($9.45M), Germany ($5.46M), United States ($671k), United Kingdom ($478k), and Romania ($372k).

In 2022, New Zealand imported $29.5M in Electrical Lighting and Signalling Equipment, mainly from China ($6.06M), Japan ($3.7M), Australia ($3.46M), Chinese Taipei ($2.66M), and United States ($2.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Australia$1.34M (16.5%)
United Kingdom$446k (1.38k%)
Spain$148k (4.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY New Zealand WERE (2021 - 2022):
Germany-$876k (-13.8%)
Indonesia-$151k (-92.6%)
Austria-$94.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.35M
TOP IMPORT POTENTIALChina+ $3.02M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $1.35M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $3.02M.

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