Export Desk
HS 940540
Electronics & ElectricalSource: Sector model — run npm run refresh:comtrade for live data
Refreshed: 7/11/2026

Your top 3 markets

Where to export next

Ranked by opportunity score — market size, India share, competition density, and the markets 7–30 sweet spot.

Sector estimate
#188

Spain

Market size$105M
India share13%

Mid-size market ($100M+)

Markets 7–30
#280

Poland

Market size$93M
India share25.1%

Niche market ($30M+)

Markets 7–30
#380

Vietnam

Market size$98M
India share21%

Niche market ($30M+)

Markets 7–30

India export footprint

Where India already exports this product

India's export footprint for this HS line is expanding — peers are gaining share in key markets.

Exports rising
Total India exports
$351.6M
#1 France
$34M
9.7% of India exports
#2 Indonesia
$31M
8.8% of India exports
#3 Italy
$30.9M
8.8% of India exports
Verify on DGFT TradeStat portal

India export footprint — UN Comtrade (reporter: India, flow: export). Methodology aligned with DGFT trade statistics.

19
Priority markets
20
Countries
0
UK buyers
#10
India US rank

Fast-growing global demand

940540 — LED Lamps & Lights. Electronics & Electrical.

India Share Trend

Fast-growing global demand

10%
2024 share

Full opportunity matrix

Markets 7–30: 14 countries

Spain

$105M · India 13% ($13.7M)

88

Mid-size market ($100M+)

Poland

$93M · India 25.1% ($23.3M)

80

Niche market ($30M+)

Vietnam

$98M · India 21% ($20.6M)

80

Niche market ($30M+)

United Kingdom

$98M · India 19% ($18.6M)

80

Niche market ($30M+)

Kenya

$54M · India 30% ($16.2M)

80

Niche market ($30M+)

Nigeria

$84M · India 17% ($14.3M)

80

Niche market ($30M+)

South Africa

$76M · India 13.9% ($10.6M)

80

Niche market ($30M+)

Mexico

$123M · India 9% ($11.1M)

78

Mid-size market ($100M+)

France

$126M · India 27% ($34M)

76

Mid-size market ($100M+)

Indonesia

$100M · India 31% ($31M)

76

Mid-size market ($100M+)

Italy

$119M · India 26% ($30.9M)

76

Mid-size market ($100M+)

Brazil

$167M · India 18% ($30.1M)

76

Mid-size market ($100M+)

UAE

$122M · India 23% ($28.1M)

76

Mid-size market ($100M+)

Saudi Arabia

$127M · India 22% ($27.9M)

76

Mid-size market ($100M+)

Netherlands

$96M · India 10% ($9.6M)

75

Niche market ($30M+)

Germany

$161M · India 6% ($9.7M)

73

Mid-size market ($100M+)

Thailand

$111M · India 8% ($8.9M)

73

Mid-size market ($100M+)

United States

$266M · India 2% ($5.3M)

65

Mid-size market ($100M+)

Australia

$96M · India 5% ($4.8M)

65

Niche market ($30M+)

Bangladesh

$72M · India 4% ($2.9M)

65

Niche market ($30M+)

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