Lighting industry
China shipped US $2.494 Trillion worth of goods in just 2018. It's a 10% increase since 2017.
47% goes to Asia, 23% to North America, 19.1% to Europe and 4.21% to Africa.
Top 10 Industries
China’s LED lighting industry is a complete industry chain. Being the highest growth rate industry for export even after slowing down after 30%.By 2020, CYN 445 Billion would be the output value of China's LED lighting industry. This is an 14.10% yield over the years and 61% of the global value.
China’s imports of major lighting appliances and related products in 2017:
Tariff on Import
There are basically no changes in import tariffs on lighting products in 2018. Given below is a summary of related products.
source: HKTDC Research, Customs Import and Export Tariff of the People’s Republic of China 2018.
At BD sourcing we cover the entire industry and have a 10-year experience in dealing with the suppliers, factories and logistics. We cover a wide range outside & indoor lighting products. For more information kindly contact us at BD SOURCING.