1、 in February, the export volume of bulb lamps dropped sharply
Affected by objective factors such as the Spring Festival holiday, Chinese exports of LED bulb products were approximately US$216 million in February 2018, a significant drop of 42% from the previous quarter, but there was still a growth rate of up to 93% . In February, bulb lamps were still the most important export category of LED lighting products in China. Exports accounted for nearly 30% of the total export value of all LED products, a slight decrease from the previous month, but compared with the February 17 market share of 9 more percentage point.
2、 the United States is still China's largest bulb lamp export market
In February 2018, China exported a total of LED bulbs to 146 countries. Among them, 11 countries exported more than 5 million U.S. dollars, and the total export volume of bulbs in the 11 countries exceeded 130 million U.S. dollars, accounting for more than 60% of the total. The United States is still the largest export market for bulbs in China, and other markets have significant differences. In February, China exported US$ 63.62 million in bulb lamps to the United States, while the second-ranked Russian market was only US$ 11.41 million. It is noteworthy that, in the context of a general and significant decline in the export value of LED products in February, the total volume of bulb products exported to Russia and Argentina fell by less than 15% month-on-month, which was a year-on-year increase of 270% and 452% respectively. .