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2022
Exports $39BWorld Rnk 1 / 219
Flag Rnk 14 / 1216
2022
Destination $390M United States
2021 - 2022
FASTEST GROWING MARKET $390MSingapore
2022
PRODUCT COMPLEXITY IN Light Fixtures0.45Rnk 384 / 1025
2022
Imports $505MWorld Rnk 29 / 224
Flag Rnk 343 / 1212
2022
Origin $115M China
2021 - 2022
FASTEST GROWING ORIGIN $115MChina
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $39B in Light Fixtures, making it the 1st largest exporter of Light Fixtures in the world. At the same year, Light Fixtures was the 14th most exported product in China. The main destination of Light Fixtures exports from China are: United States ($6.47B), Germany ($2.26B), United Kingdom ($1.55B), Netherlands ($1.35B), and India ($1.31B).

The fastest growing export markets for Light Fixtures of China between 2021 and 2022 were Singapore ($390M), India ($314M), and Philippines ($225M).

Imports In 2022, China imported $505M in Light Fixtures, becoming the 29th largest importer of Light Fixtures in the world. At the same year, Light Fixtures was the 343rd most imported product in China. China imports Light Fixtures primarily from: China ($171M), Germany ($47.8M), Italy ($44M), Hong Kong ($40.3M), and United States ($34M).

The fastest growing import markets in Light Fixtures for China between 2021 and 2022 were China ($115M), Hong Kong ($30.7M), and Chinese Taipei ($7.43M).

COMPANIES In 2023, leading companies such as IKEA Group (1.02k), Cooper Lighting Solutions (433), and Acuity Brands (287) were at the forefront of shipping Light Fixtures from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Light Fixtures exports accounted up to $3.39B and imports accounted up to $26.5M, resulting in a positive trade balance of $3.36B. Between October 2023 and October 2024 the exports of China's   Light Fixtures have increased by $120M (3.67%) from $3.27B to $3.39B, while imports increased by $1.96M (7.98%) from $24.5M to $26.5M.

Destinations In October 2024, Light Fixtures were exported mostly to United States ($794M), Germany ($164M), United Kingdom ($118M), Malaysia ($111M), and Netherlands ($111M), and were imported mostly from Germany ($4.06M), Japan ($3.08M), United States ($2.8M), Italy ($2.35M), and China ($2.07M).

Growth In October 2024, the increase in Light Fixtures's year-by-year exports was explained primarily by an increase in exports to Singapore ($79.5M or 185%), Saudi Arabia ($33.1M or 30.8%), and Greece ($27.2M or 105%). In October 2024, the increase in Light Fixtures's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($3.57M or 2.68k%), United Kingdom ($1.6M or 201%), and Israel ($1.39M or 451%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$120M(3.67%)
IMPORT GROWTH (October 2023 - October 2024)$1.96M(7.98%)
MAIN EXPORTER (October 2024)Guangdong Province$1.74B
MAIN DESTINATION (October 2024)United States$794M

This section shows Light Fixtures's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Light Fixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$39B
IMPORTS (2022)$505M
NET TRADE (2022)$38.5B

In 2022, China exported $39B in Light Fixtures. The main destinations of China exports on Light Fixtures were United States ($6.47B), Germany ($2.26B), United Kingdom ($1.55B), Netherlands ($1.35B), and India ($1.31B).

In 2022, China imported $505M in Light Fixtures, mainly from China ($171M), Germany ($47.8M), Italy ($44M), Hong Kong ($40.3M), and United States ($34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Fixtures EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$390M (99.7%)
India$314M (31.5%)
Philippines$225M (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Fixtures BY China WERE (2021 - 2022):
United States-$1.37B (-17.5%)
United Kingdom-$443M (-22.3%)
Germany-$172M (-7.07%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Light Fixtures were:
Germany $2.87B
Italy $1.95B
In 2022, China's main importing competitors in Light Fixtures were:
United States $11.3B
Germany $3.87B
France $2.33B

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Trade Value of Light Fixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $500M
TOP IMPORT POTENTIALVietnam+ $22.8M

Light Fixtures’s highest export potential is India. With an export gap of $500M.   Light Fixtures’s highest import potential is Vietnam with an import gap of $22.8M.

See methodology.

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