Description
Description

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 

 

  • Electrical machinery, equipment: US$664.4 billion (26.6% of total exports)
  • Machinery including computers: $430 billion (17.2%)
  • Furniture, bedding, lighting, signs, prefab buildings: $96.4 billion (3.9%)
  • Plastics, plastic articles: $80.1 billion (3.2%)
  • Vehicles: $75.1 billion (3%)
  • Knit or crochet clothing, accessories: $73.5 billion (2.9%)
  • Clothing, accessories (not knit or crochet): $71.4 billion (2.9%)
  • Optical, technical, medical apparatus: $71.4 billion (2.9%)
  • Articles of iron or steel: $65.6 billion (2.6%)
  • Organic chemicals: $59.8 billion (2.4%)

 

 

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.
 

               

Indoor VS Outdoor Lighting
                                
 

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.

 

  • If you know the products you want to buy, contact us on customer service and our sales team will assist you. 
  • If you are looking for entering the market of lighting, contact our consultant for further services.
  • Brochures for some of the products are also available. Kindly Contact us.