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Luminaires and light fittings; chandeliers and electric ceiling or wall light fittings; (excluding those used for lighting public open spaces or thoroughfares), for use solely with light-emitting diode (LED) light sources

940511 (Harmonized System 2022 for 6-digit)

2023
World Trade $13.9BRnk 262 / 5606
2023
Top Exporter | Top Importer $6.82B | $3.2BChina | United States
2023
Product Complexity 0.25Rnk 2569 / 5606
2022 - 2023
Export Growth (CAGR) 5.96%Rnk 1325 / 5606
2023
Share of World Trade 0.062%Rnk 262 / 5606

About

Overview This page contains the latest trade data of LED chandeliers and wall/ceiling lights. In 2023, LED chandeliers and wall/ceiling lights were the world's 262nd most traded product, with a total trade of $13.9B. Between 2022 and 2023 the exports of LED chandeliers and wall/ceiling lights grew by 5.96%, from $13.1B to $13.9B. Trade in LED chandeliers and wall/ceiling lights represent 0.062% of total world trade.

LED chandeliers and wall/ceiling lights are a part of Light Fixtures.

Exports In 2023 the top exporters of LED chandeliers and wall/ceiling lights  were China ($6.82B), Mexico ($1.19B), Germany ($723M), Italy ($673M), and Canada ($504M).

Imports In 2023 the top importers of LED chandeliers and wall/ceiling lights were United States ($3.2B), Germany ($823M), France ($798M), Canada ($531M), and Netherlands ($521M).

Ranking LED chandeliers and wall/ceiling lights ranks 2569th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on LED chandeliers and wall/ceiling lights. Countries are shown based on data availability.

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

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* 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$6.82B
Top Destination (2023)United States$3.2B

In 2023 LED chandeliers and wall/ceiling lights were the world's 262nd most traded product (out of 5,606).

In 2023, the top exporters of LED chandeliers and wall/ceiling lights were China ($6.82B), Mexico ($1.19B), Germany ($723M), Italy ($673M), and Canada ($504M).

In 2023, the top importers of LED chandeliers and wall/ceiling lights were United States ($3.2B), Germany ($823M), France ($798M), Canada ($531M), and Netherlands ($521M).

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Exporters of LED chandeliers and wall/ceiling lights (2023)
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Importers of LED chandeliers and wall/ceiling lights (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Mexico$1.02B
Top Destination Growth (2022 -  2023)United States$862M

Between 2022 and 2023, the exports of LED chandeliers and wall/ceiling lights grew the fastest in Mexico ($1.02B), Italy ($68.4M), Canada ($49.2M), United States ($45.3M), and Malaysia ($33.9M).

Between 2022 and 2023, the fastest growing importers of LED chandeliers and wall/ceiling lights were United States ($862M), Malaysia ($85.2M), Mexico ($75.6M), Singapore ($35.3M), and Greece ($31.3M).

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Exporters of LED chandeliers and wall/ceiling lights (2022 - 2023)

Importers of LED chandeliers and wall/ceiling lights (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of LED chandeliers and wall/ceiling lights.

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of LED chandeliers and wall/ceiling lights are explained by 9 countries.

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Value of Exports in LED chandeliers and wall/ceiling lights

Net Trade

Year
TOP NET EXPORTER (2023)China$6.79B
TOP NET IMPORTER (2023)United States$2.92B

This map shows which countries export or import more of LED chandeliers and wall/ceiling lights. Each country is colored based on the difference in exports and imports of LED chandeliers and wall/ceiling lights during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of LED chandeliers and wall/ceiling lights were China ($6.79B), Mexico ($1.02B), Italy ($348M), Poland ($121M), and Vietnam ($82.8M).

In 2023, the countries that had a largest trade value in imports than in exports of LED chandeliers and wall/ceiling lights were United States ($2.92B), France ($552M), Netherlands ($333M), United Kingdom ($314M), and Switzerland ($309M).

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 chandeliers and wall/ceiling lights.
It is possible to select the main countries that export or import LED chandeliers and wall/ceiling lights in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of LED chandeliers and wall/ceiling lights 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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