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China's foreign trade achieves good start in 2024

China's foreign trade achieves good start in 2024

27 Apr, 2024

In the first quarter of 2024, China's import and export data performed strongly, showing several highlights.

The quality of foreign trade development has been significantly improved, and the scale of import and export has even reached a new level.

 

In the first quarter of 2024, China's lighting products exports totaled 13.05 billion U.S. dollars.

Among them, the export value of LED lighting products was 9.62 billion U.S. dollars, accounting for 74% of the overall export value.

It can be seen that China's lighting export market is gradually recovering.


LED lamps and lanterns have been the mainstream in China

The traditional lamps and lanterns market share has been decreasing,

mainly due to the LED lamps and lanterns of high energy efficiency, energy-saving effect is remarkable,

there is also LED lamps and lanterns production technology continues to improve,

making the price of LED lamps and lanterns has continued to go down,

so inexpensive LED lamps and lanterns are becoming more and more popular in the market.

The green part of the picture for the proportion of LED lamps and lanterns

 

And with the global concern for energy resources and environmental protection awareness

The energy-saving and environmentally friendly attributes of lighting fixtures are increasingly being emphasized.

Global consumer demand for lighting products is turning to

energy saving, environmental protection, intelligent and other diversified pursuit,

countries encourage the promotion and application of green lighting

.

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