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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)

2023
World Trade $2.66BRnk 1252 / 5606
2023
Top Exporter | Top Importer $1.51B | $763MChina | United States
2023
Product Complexity -0.26Rnk 3577 / 5606
2022 - 2023
Export Growth (CAGR) -17.9%Rnk 4300 / 5606
2023
Share of World Trade 0.012%Rnk 1252 / 5606

About

Overview This page contains the latest trade data of LED photovoltaic light fittings. In 2023, LED photovoltaic light fittings were the world's 1252nd most traded product, with a total trade of $2.66B. Between 2022 and 2023 the exports of LED photovoltaic light fittings decreased by -17.9%, from $3.24B to $2.66B. Trade in LED photovoltaic light fittings represent 0.012% of total world trade.

LED photovoltaic light fittings are a part of Light Fixtures.

Exports In 2023 the top exporters of LED photovoltaic light fittings  were China ($1.51B), Italy ($119M), Germany ($79.4M), United States ($75.7M), and Thailand ($72.6M).

Imports In 2023 the top importers of LED photovoltaic light fittings were United States ($763M), Germany ($138M), Philippines ($120M), United Kingdom ($104M), and France ($93.4M).

Ranking LED photovoltaic light fittings ranks 3577th 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

Year
Top Origin (2023)China$1.51B
Top Destination (2023)United States$763M

In 2023 LED photovoltaic light fittings were the world's 1252nd most traded product (out of 5,606).

In 2023, the top exporters of LED photovoltaic light fittings were China ($1.51B), Italy ($119M), Germany ($79.4M), United States ($75.7M), and Thailand ($72.6M).

In 2023, the top importers of LED photovoltaic light fittings were United States ($763M), Germany ($138M), Philippines ($120M), United Kingdom ($104M), and France ($93.4M).

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Exporters of LED photovoltaic light fittings (2023)
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Importers of LED photovoltaic light fittings (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Thailand$14.8M
Top Destination Growth (2022 -  2023)Dominican Republic$12.4M

Between 2022 and 2023, the exports of LED photovoltaic light fittings grew the fastest in Thailand ($14.8M), Romania ($10.2M), United States ($8.21M), Turkey ($5.53M), and France ($4.07M).

Between 2022 and 2023, the fastest growing importers of LED photovoltaic light fittings were Dominican Republic ($12.4M), Thailand ($10.7M), India ($10.4M), Mexico ($9.88M), and Denmark ($8.54M).

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Exporters of LED photovoltaic light fittings (2022 - 2023)

Importers of LED photovoltaic light fittings (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.15. 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

Year
TOP NET EXPORTER (2023)China$1.5B
TOP NET IMPORTER (2023)United States$688M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of LED photovoltaic light fittings were China ($1.5B), Italy ($51.7M), Chinese Taipei ($37.5M), Cambodia ($32.5M), and Malaysia ($21.3M).

In 2023, the countries that had a largest trade value in imports than in exports of LED photovoltaic light fittings were United States ($688M), Philippines ($118M), United Kingdom ($71.2M), Germany ($58.9M), and Nigeria ($55.9M).

Net Trade (2023)

Country Comparison

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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
Year

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 (2023)

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