Great reversal! Lighting exports from January to December 2020 increased by 14.6% year-on-year

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On January 14, the General Administration of Customs announced the national export key commodity volume value table for December 2020, showing more clearly the overall situation of the LED lighting export market in 2020.

Customs data show that the December 2020 exports of lamps, lighting fixtures, and their parts amounted to 31.99 billion yuan, and the cumulative January-December 2020 national exports of lamps, lighting fixtures, and their parts totaled 260.20 billion yuan, up 14.6% year-on-year from last year.

And just in the first half of 2020, China’s lamps, lighting fixtures, and their parts exports compared to the same period in 2019 is also a downward trend, the first half of 2020 China’s lamps, lighting fixtures, and their parts exports amounted to 97.12 billion yuan, a decrease of 3.2% over the same period in 2019.

Compared with many companies on the LED lighting market with a pessimistic attitude in the first half of the opening, the final presentation of the overall market situation in 2020 is undoubtedly showing a reversal.

 

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