Industrial News

Chinese LED Bulbs Export Situation in February 2018


1、 in February, the export volume of bulb lamps dropped sharply

Affected by objective factors such as the Spring Festival holiday, Chinese exports of LED bulb products were approximately US$216 million in February 2018, a significant drop of 42% from the previous quarter, but there was still a growth rate of up to 93% . In February, bulb lamps were still the most important export category of LED lighting products in China. Exports accounted for nearly 30% of the total export value of all LED products, a slight decrease from the previous month, but compared with the February 17 market share of 9 more percentage point.

2、 the United States is still China's largest bulb lamp export market

In February 2018, China exported a total of LED bulbs to 146 countries. Among them, 11 countries exported more than 5 million U.S. dollars, and the total export volume of bulbs in the 11 countries exceeded 130 million U.S. dollars, accounting for more than 60% of the total. The United States is still the largest export market for bulbs in China, and other markets have significant differences. In February, China exported US$ 63.62 million in bulb lamps to the United States, while the second-ranked Russian market was only US$ 11.41 million. It is noteworthy that, in the context of a general and significant decline in the export value of LED products in February, the total volume of bulb products exported to Russia and Argentina fell by less than 15% month-on-month, which was a year-on-year increase of 270% and 452% respectively. .

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