Marketing News

Chinese LED Chip Market Export Analysis in April 2018


I. Global market size

According to the statistics of OFweek Industrial Research Institute of China LED Chip Export Monthly Monitoring Report, in April 2018, China's LED chip export amounted to a total of US$ 443 million, an increase of 32.4% year-on-year and a 51.4% decrease from the previous quarter. As of April this year, LED chips exported a total of 2.138 billion U.S. dollars, a year-on-year increase of 62.7%, which was mainly due to the rapid growth in exports in March, reaching a historical high of LED chip exports in the past two years.

Second, analysis of industrial concentration

In April 2018, China's LED chip export industry concentration, the top three areas according to export value were Tianjin, Huizhou and Shenzhen, and the export value was 73.6 million US dollars, 61.8 million US dollars and 24.64 million US dollars respectively, and the export amount accounted for It is 16.6%, 14% and 13.1%. Compared with LED lighting and LED display, the LED chip's regional distribution is relatively more balanced.

Third, the export destination country analysis

In April, China's LED chips were exported to 85 countries with a total export value of approximately US$443 million. The top three countries in terms of export amount are Hong Kong, South Korea and Germany, with export value of US$187 million (42.2%), US$36.35 million (8.2%) and 1863 respectively. Million dollars (4.2%). As a free trade port, Hong Kong enjoys convenient transportation and simple customs clearance procedures. It has become an ideal transfer point for exporting many LED chip companies overseas in South China.

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