2017 The first three quarters of China's LED products exported to North America

In the first three quarters of 2017, the top three regions of China's LED lighting products export are Europe, North America and Asia respectively. North American market not only in our country exports a large proportion of LED lighting products, growth rate is also relatively faster than other regions, is China's important export market of LED products. 

The North American market is one of the major destinations for the export of LED lighting products in China. In the first three quarters of this year's export statistics, the total North American market exports more than 2.7 billion US dollars, an increase of 35.01%, accounting for 28.98% of China's total LED exports, more than the Asian market, ranking second.

From the monthly export market in North America, July exports were the highest in a single month in the first three quarters of this year, reaching 340 million U.S. dollars, up 41.72% on a year-on-year basis and 5.2% on a quarter-on-quarter basis. Exports in August and September dropped from July Over the first half of this year, but still at a high level of exports. The entire Q3 export to North America reached 1 billion U.S. dollars, accounting for 36.75% of China's total exports of LED products to North America in the first three quarters of this year, an increase of 0.88 percentage points over the previous year.

In addition, the average growth rate of North American market exports is higher than that of other markets, which is 24 percentage points higher than the European market with the largest export volume. It is foreseeable that after some time in the future, the North American market is likely to surpass Europe and become the biggest target market for the export of LED lighting products in China.

For the first three quarters of 2017, the sales of LED products in the North American market remained stable, but the percentage of each category changed. The main bulbs, accounting for 27% of the total export categories in the region, representing an increase of 14 percentage points over the same period last year (which led to the decline in the proportion of unspecified lamps) shows that North American market this year, the bulb Demand for lamps was strong. For the other types of analysis, the proportion of tube lamps (15%) and decorative lamps (7%) in the second and third place was also decreased by 4 percentage points as compared with the same period of last year.

According to deep statistics, in the first three quarters, 27870 LED export enterprises entered the North American market. According to the ranking of exports, the top ten companies are shown in the figure below (only the statistics of production enterprises). LED exports of these ten companies accounted for about 26.81% of the total. Half of the rankings are newcomers, and their exports to North American exports fluctuate significantly.