# HS 701400 Signalling global trade data overview | Yugalinks

Reported global trade in signalling, (not optically worked) reached $621.9M in 2024, with five-year annual growth of +2.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $972.3M | -6.7% | -0.1% |
| 2014 | $670.5M | -31% | -16.3% |
| 2015 | $564.0M | -15.9% | -18.5% |
| 2016 | $605.8M | +7.4% | -14.6% |
| 2017 | $613.2M | +1.2% | -2.9% |
| 2018 | $647.9M | +5.7% | +4.7% |
| 2019 | $553.0M | -14.7% | -3% |
| 2020 | $452.7M | -18.1% | -9.6% |
| 2021 | $574.2M | +26.8% | -3.9% |
| 2022 | $594.7M | +3.6% | +2.5% |
| 2023 | $614.6M | +3.3% | +10.7% |
| 2024 | $621.9M | +1.2% | +2.7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Germany | $170.3M | +18.2% | 57 |
| China | $87.6M | -1.2% | 38 |
| Japan | $65.0M | -4.8% | 24 |
| Thailand | $36.6M | -2% | 19 |
| USA | $30.3M | +1.7% | 46 |
| Viet Nam | $24.0M | +22.3% | 16 |
| Taiwan | $22.7M | +4% | 24 |
| Republic of Korea | $16.5M | -4.3% | 27 |
| Myanmar | $16.4M | +9.4% | 5 |
| France | $12.8M | +3.4% | 36 |
| China, Hong Kong Special Administrative Region | $11.0M | -8% | 20 |
| United Kingdom | $9.8M | +8.1% | 37 |

_Source: reported merchandise trade data. Updated 2026-08-14._