China LED bulb exports increased substantially in the first quarter of 2018.

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China LED bulb exports increased substantially in the first quarter of 2018.

China LED bulb exports increased substantially in the first quarter of 2018.

In the first quarter of 2018, China’s exports of LED lighting products totaled about 2.745 billion US dollars, of which the export of bulbs was about 844 million US dollars. Below is the export of bubble bulbs in China in the first quarter.

1, the first quarter export volume grew substantially year on year.

In the first quarter of 2018, China exported LED bulbs 844 million US dollars, an increase of 71.54% over the same period last year. On a monthly basis, bulb exports in January and February 2018 grew by more than 90% year-on-year, with January’s growth rate as high as 120%.

China LED bulb exports

 

2, the United States is the main export market.

In the first quarter of 2018, China exported US $272 million of LED bulbs, an increase of 78.03%, accounting for 32% of the total export of bulbs. Brazil continued to rank second with $36.76 million, and Russia was third with more than 200% growth.

China LED bulb exports market

 

 

  1. Zhejiang, Fujian and Guangdong rank the top three.

In the first quarter of 2018, Zhejiang Province exported about 278 million US dollars of LED bulbs, an increase of 79.74% over the same period of the year, and continued to occupy the top spot. Fujian’s bulb exports totaled about $219 million, up 57.28% year-on-year, surpassing Guangdong’s second largest. It is noteworthy that the export volume of bulb lamps in Jiangxi Province increased by more than 300% in the first quarter, ranking fourth.

China LED bulb exports place of production

 

4, export enterprises

According to the existing customs data, in the first quarter of 2018, there were 2 687 bulb lamp exporters in China, of which 15 exported more than $10 million. Zhangzhou Lidaxin Electronics Technology Co., Ltd. continues to rank first with a greater advantage, Zhejiang Sunshine Mecca Lighting Co., Ltd. and Xiamen Sunshine Ennai Lighting Co., Ltd. are ranked second and third.

The list of the top ten enterprises and their ranking changes are shown below.

China LED bulb exports enterprises