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Luminaires and light fittings; electric, lighting strings of a kind used for Christmas trees, for use solely with light-emitting diode (LED) light sources

940531 (Harmonized System 2022 for 6-digit)

2023
World Trade $995MRnk 2300 / 5606
2023
Top Exporter | Top Importer $596M | $321MChina | United States
2023
Product Complexity -0.18Rnk 3451 / 5606
2022 - 2023
Export Growth (CAGR) -24.3%Rnk 4815 / 5606
2023
Share of World Trade 0.0044%Rnk 2300 / 5606

About

Overview This page contains the latest trade data of LED Christmas light strings. In 2023, LED Christmas light strings were the world's 2300th most traded product, with a total trade of $995M. Between 2022 and 2023 the exports of LED Christmas light strings decreased by -24.3%, from $1.31B to $995M. Trade in LED Christmas light strings represent 0.0044% of total world trade.

LED Christmas light strings are a part of Light Fixtures.

Exports In 2023 the top exporters of LED Christmas light strings  were China ($596M), Cambodia ($189M), Netherlands ($47.7M), Mexico ($32.6M), and Philippines ($18.8M).

Imports In 2023 the top importers of LED Christmas light strings were United States ($321M), Germany ($60.4M), Netherlands ($58.4M), Mexico ($45.1M), and United Kingdom ($43.8M).

Ranking LED Christmas light strings ranks 3451st 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 Christmas light strings. 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$596M
Top Destination (2023)United States$321M

In 2023 LED Christmas light strings were the world's 2300th most traded product (out of 5,606).

In 2023, the top exporters of LED Christmas light strings were China ($596M), Cambodia ($189M), Netherlands ($47.7M), Mexico ($32.6M), and Philippines ($18.8M).

In 2023, the top importers of LED Christmas light strings were United States ($321M), Germany ($60.4M), Netherlands ($58.4M), Mexico ($45.1M), and United Kingdom ($43.8M).

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Exporters of LED Christmas light strings (2023)
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Importers of LED Christmas light strings (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Mexico$10.1M
Top Destination Growth (2022 -  2023)India$11.6M

Between 2022 and 2023, the exports of LED Christmas light strings grew the fastest in Mexico ($10.1M), United States ($4.63M), Austria ($4.61M), Poland ($212k), and South Africa ($198k).

Between 2022 and 2023, the fastest growing importers of LED Christmas light strings were India ($11.6M), Kazakhstan ($8.15M), Kyrgyzstan ($4.79M), Russia ($4.21M), and Australia ($2.82M).

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Exporters of LED Christmas light strings (2022 - 2023)

Importers of LED Christmas light strings (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of LED Christmas light strings.

In 2023, market concentration measured using Shannon Entropy, was 2.22. This means that most of the exports of LED Christmas light strings are explained by 4 countries.

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Value of Exports in LED Christmas light strings

Net Trade

Year
TOP NET EXPORTER (2023)China$596M
TOP NET IMPORTER (2023)United States$312M

This map shows which countries export or import more of LED Christmas light strings. Each country is colored based on the difference in exports and imports of LED Christmas light strings during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of LED Christmas light strings were China ($596M), Cambodia ($180M), Philippines ($13M), Hong Kong ($2.59M), and Malaysia ($1.29M).

In 2023, the countries that had a largest trade value in imports than in exports of LED Christmas light strings were United States ($312M), Germany ($45.9M), United Kingdom ($42.1M), Canada ($33M), and India ($28.7M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of LED Christmas light strings 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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