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Luminaires and light fittings; electric, photovoltaic, designed for use solely with light-emitting diode (LED) light sources

940541 (Harmonized System 2022 for 6-digit)

2022
World Trade $2.88BRnk 1225 / 5606
2022
Top Exporter | Top Importer $1.62B | $974MChina | United States
2022
Product Complexity -0.41Rnk 3870 / 5606
2022
Share of World Trade 0.012%Rnk 1225 / 5606

About

Overview This page contains the latest trade data of LED photovoltaic light fittings. In 2022, LED photovoltaic light fittings were the world's 1225th most traded product, with a total trade of $2.88B.

LED photovoltaic light fittings are a part of Light Fixtures.

Exports In 2022 the top exporters of LED photovoltaic light fittings  were China ($1.62B), Italy ($146M), Vietnam ($109M), Germany ($93.5M), and United States ($75.7M).

Imports In 2022 the top importers of LED photovoltaic light fittings were United States ($974M), United Kingdom ($138M), France ($127M), Philippines ($113M), and Germany ($109M).

Ranking LED photovoltaic light fittings ranks 3870th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on LED photovoltaic light fittings. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$1.62B
Top Destination (2022)United States$974M

In 2022 LED photovoltaic light fittings were the world's 1225th most traded product (out of 5,606).

In 2022, the top exporters of LED photovoltaic light fittings were China ($1.62B), Italy ($146M), Vietnam ($109M), Germany ($93.5M), and United States ($75.7M).

In 2022, the top importers of LED photovoltaic light fittings were United States ($974M), United Kingdom ($138M), France ($127M), Philippines ($113M), and Germany ($109M).

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Exporters of LED photovoltaic light fittings (2022)
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Importers of LED photovoltaic light fittings (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (false -  2022)China$1.62B
Top Destination Growth (false -  2022)United States$974M

Between false and 2022, the exports of LED photovoltaic light fittings grew the fastest in China ($1.62B), Italy ($146M), Vietnam ($109M), Germany ($93.5M), and United States ($75.7M).

Between false and 2022, the fastest growing importers of LED photovoltaic light fittings were United States ($974M), United Kingdom ($138M), France ($127M), Philippines ($113M), and Germany ($109M).

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Exporters of LED photovoltaic light fittings (NaN - 2022)

Importers of LED photovoltaic light fittings (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of LED photovoltaic light fittings.

In 2022, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of LED photovoltaic light fittings are explained by 8 countries.

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Value of Exports in LED photovoltaic light fittings

Net Trade

TOP NET EXPORTER (2022)China$1.61B
TOP NET IMPORTER (2022)United States$899M

This map shows which countries export or import more of LED photovoltaic light fittings. Each country is colored based on the difference in exports and imports of LED photovoltaic light fittings during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of LED photovoltaic light fittings were China ($1.61B), Italy ($85.8M), Vietnam ($53.8M), Malaysia ($46.4M), and Chinese Taipei ($42.2M).

In 2022, the countries that had a largest trade value in imports than in exports of LED photovoltaic light fittings were United States ($899M), Philippines ($109M), France ($89M), United Kingdom ($86.6M), and Nigeria ($66.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to LED photovoltaic light fittings.
It is possible to select the main countries that export or import LED photovoltaic light fittings in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of LED photovoltaic light fittings by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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