Analysis of Export of LED Lighting Products in the First Quarter of 2018

In the first quarter, the export volume of the top ten single items totaled US$4.551 billion, accounting for 67% of the total exports. From the perspective of export subdivision products, the export volume of bulb lamps was the largest in the quarter, at US$883 million, accounting for 13.0% of the total exports. Sold to the United States, Brazil, Russia, Vietnam, France and Japan.

Analysis of Export of LED Lighting Products in the First Quarter of 2018

In the first quarter, the export value of the top ten export cities totaled 4.852 billion U.S. dollars, accounting for 71.5% of the total export volume; from the perspective of industrial concentration, the top three export regions were Shenzhen, Guangzhou, and Ningbo, and Shenzhen's export volume was far ahead of others. The city was US$1.639 billion, accounting for 24.15% of the total export volume.

In the first quarter, the export value of the top ten export destination countries totaled 3.665 billion U.S. dollars, accounting for 54% of the total; the top three export destination countries were the United States, Germany, and the United Kingdom, of which the export to the United States amounted to 1.808 billion U.S. dollars, accounting for the overall proportion of 26.64. %, far ahead of other countries.

The top 10 companies in the first quarter totaled 504 million U.S. dollars worth of exports, accounting for approximately 7.42% of the total. The industry concentration is still relatively small and the competition is fierce. Among them, the first-ranked Luzhou Riksin exports amounted to approximately US$142 million, accounting for 2.1% of the total exports, and its major exporters were the United States, Germany, France, and the United Kingdom.

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