In the first half of Chinese exports to the EU LED lighting 1,912,000,000 Dollars

The EU is the world's largest trading economy, Imports & Exports rank first in the world, is a typical high-income low-growth economies. Affected by the 2008 financial crisis, economic downturn, in 2013 the EU economy has been in a slow recovery period. The European Commission's economic forecast published reports that in 2015 the EU economy will grow by 1.8 percent, in 2016 the growth rate will be 2.1%. EU economy benefited from a number of common short-term positive effects, including oil prices still low, the global economic growth and stability, the euro continued to depreciate and the quantitative easing policy. Whether GDP, employment, inflation, sales, industrial production, or manufacturing PMI and other indicators are released to improve the signal. There are indications that Europe has come out of the doldrums after the crisis, showing a clear upward trend.

In the first half of Chinese exports to the EU LED lighting 1,912,000,000 Dollars

GSC Research survey data show that the penetration of eu countries LED lighting is around 38.5%, with the eu member states to high recognition performance LED lighting products, the European Union, the comprehensive measures to ban incandescent, LED light will replace traditional lighting.In addition, the LED auto lighting also widely used in the European market, the European Union in 2011, has introduced legislation to enforce the new LED headlights, mounted on cars and small trucks and buses and trucks since 2012 also need to install the LED headlights.In addition to the LED headlights, car interior LED lighting demand continues to increase.

GSC Research data show that the first half of 2015 China LED lighting products exported to the EU 28 countries $ 1.912 billion, an increase of 8.42%, compared to the emerging markets of ASEAN, Middle East and Africa, the growth is more stable. EU export market as a whole, the first half of China's LED lighting products only slightly below the US market for their exports, much higher than other economies, large and growing body steady.

In the EU 28 member states, Germany is China's largest LED lighting products export market, the first half of 2015 LED lighting products exported to the German market $ 406 million, accounting for 21.21%; followed by the UK market, accounting for 15.02%. In addition to Germany, the United Kingdom, China's top ten exports to the EU market, as well as the Netherlands, France, Italy, Spain, Poland, Sweden, Belgium, Greece and other countries.

Exports during the first half of the eu countries over $has seven members, from a growth point of view, the top 10 in the eu market, Greece minimum total but growth is highest, year-on-year growth of 84.92%;Polish up 36.30%, growth in the second;The year-on-year growth of 26.22%.Although Germany is LED lighting products in our country exports the largest European countries, but appeared a negative growth from the same period a year earlier.


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