China export value for LED lighting reach $1.59 bn in Jan.-Feb.

According to a research report, Chinese enterprises exported LED lighting products totaling $1.59 billion during Jan.-Feb. 2015, increasing 42.3% on year. The top 10 LED lighting enterprises in terms of export value together accounted for less than 14% of the export value, implying intense competition for overseas markets.

The U.S. was the largest market accounting for 20.7% of the export value, followed by Hong Kong with 7.1%, Germany with 4.8%, Japan with 4.5%, the UK with 3.7%, Vietnam with 3.4%, the Netherlands with 2.8%, Singapore with 2.6%, Canada with 2.2%.

In terms of product types, light bulbs accounted for 9.6% of the export value, light tubes for 8.5%, projection lamps for 5.3%, light panels for 4.8%, garden lamps for 3.2% and downlights for 2.5%.