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Lamps; light-emitting diode (LED) light sources, light-emitting diode (LED) modules

853951 (Harmonized System 2022 for 6-digit)

2023
World Trade $1.89BRnk 1583 / 5606
2023
Top Exporter | Top Importer $507M | $276MChina | United States
2023
Product Complexity 0.56Rnk 1834 / 5606
2022 - 2023
Export Growth (CAGR) 25.8%Rnk 353 / 5606
2023
Share of World Trade 0.0084%Rnk 1583 / 5606

About

Overview This page contains the latest trade data of LED light sources and modules. In 2023, LED light sources and modules were the world's 1583rd most traded product, with a total trade of $1.89B. Between 2022 and 2023 the exports of LED light sources and modules grew by 25.8%, from $1.5B to $1.89B. Trade in LED light sources and modules represent 0.0084% of total world trade.

LED light sources and modules are a part of Electric Filament.

Exports In 2023 the top exporters of LED light sources and modules  were China ($507M), Germany ($224M), Malaysia ($155M), Mexico ($128M), and United States ($103M).

Imports In 2023 the top importers of LED light sources and modules were United States ($276M), Canada ($179M), Germany ($176M), Mexico ($128M), and China ($70.4M).

Ranking LED light sources and modules ranks 1834th 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 light sources and modules. 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$507M
Top Destination (2023)United States$276M

In 2023 LED light sources and modules were the world's 1583rd most traded product (out of 5,606).

In 2023, the top exporters of LED light sources and modules were China ($507M), Germany ($224M), Malaysia ($155M), Mexico ($128M), and United States ($103M).

In 2023, the top importers of LED light sources and modules were United States ($276M), Canada ($179M), Germany ($176M), Mexico ($128M), and China ($70.4M).

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Exporters of LED light sources and modules (2023)
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Importers of LED light sources and modules (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Malaysia$80.9M
Top Destination Growth (2022 -  2023)Mexico$84.2M

Between 2022 and 2023, the exports of LED light sources and modules grew the fastest in Malaysia ($80.9M), China ($63.5M), Mexico ($42.5M), Germany ($41.2M), and United States ($35.5M).

Between 2022 and 2023, the fastest growing importers of LED light sources and modules were Mexico ($84.2M), United States ($81.2M), Canada ($50.8M), China ($38.6M), and Turkey ($31.9M).

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Exporters of LED light sources and modules (2022 - 2023)

Importers of LED light sources and modules (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of LED light sources and modules.

In 2023, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of LED light sources and modules are explained by 18 countries.

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Value of Exports in LED light sources and modules

Net Trade

Year
TOP NET EXPORTER (2023)China$437M
TOP NET IMPORTER (2023)Canada$173M

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

In 2023, the countries that had a largest trade value in exports than in imports of LED light sources and modules were China ($437M), Malaysia ($150M), Germany ($47.9M), South Korea ($40.7M), and Poland ($37.7M).

In 2023, the countries that had a largest trade value in imports than in exports of LED light sources and modules were Canada ($173M), United States ($172M), Turkey ($62.7M), Hong Kong ($53.3M), and France ($34.8M).

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 light sources and modules.
It is possible to select the main countries that export or import LED light sources and modules in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of LED light sources and modules 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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