2017 Three-quarter Led Decorative Lamp Exports Reached 500 Million Dollars

- Apr 11, 2018-

2017 three-quarter led decorative lamp exports reached 500 million dollars

According to statistics, the export volume of decorative lamps in the first three quarters reached 500 million dollars, accounting for 5.5% of China's total exports of LED products. It is the fourth largest export product of all categories.

1. In the first three quarters of 2017, the total export of LED products exceeded 9 billion dollars, while the decorative lamps ranked fourth in the category of total exports of products with a U.S. export value of 500 million dollars, an increase of 4.5% year-on-year. According to the quarterly analysis, the first two quarters of this year were decorated. The export performance of the lamps was general, and the overall recovery in the third quarter was up 61.87% month-on-month. Among them, July LED decorative lamps exported more than 90 million US dollars, an increase of 28.54% year-on-year, although there was a slight drop in August and September (average month-on-month 2.17%), but overall exports are still higher than the previous two quarters.

2. Western countries become the main market for LED decorative lights

In the first three quarters of 2017, China's LED decorative lights were exported to the Middle East and North America, which accounted for 38.73% of the total exports in the first three quarters, followed by Europe and Asia (34.8% and 18.99% respectively). From the perspective of the state, the United States imports most of the LED decorative lights produced in China, accounting for 34.86% of the global LED decorative lights exported by China, and accounts for 87.82% of the LED decorative lights exported from North America. In addition, the four countries of Germany, Britain, France and the Netherlands are ranked 2-5 among the destination countries for the export of LED decorative lights.