NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

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

940542 (Harmonized System 2022 for 6-digit)

2023
World Trade $13.1BRnk 280 / 5606
2023
Top Exporter | Top Importer $8.1B | $2.04BChina | United States
2023
Product Complexity 0.057Rnk 2983 / 5606
2022 - 2023
Export Growth (CAGR) 2.08%Rnk 1751 / 5606
2023
Share of World Trade 0.058%Rnk 280 / 5606

About

Overview This page contains the latest trade data of LED-specific light fittings. In 2023, LED-specific light fittings were the world's 280th most traded product, with a total trade of $13.1B. Between 2022 and 2023 the exports of LED-specific light fittings grew by 2.08%, from $12.8B to $13.1B. Trade in LED-specific light fittings represent 0.058% of total world trade.

LED-specific light fittings are a part of Light Fixtures.

Exports In 2023 the top exporters of LED-specific light fittings  were China ($8.1B), Germany ($856M), Mexico ($497M), Italy ($385M), and Poland ($353M).

Imports In 2023 the top importers of LED-specific light fittings were United States ($2.04B), Germany ($946M), France ($524M), Netherlands ($465M), and United Kingdom ($446M).

Ranking LED-specific light fittings ranks 2983rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on LED-specific 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Year
Top Origin (2023)China$8.1B
Top Destination (2023)United States$2.04B

In 2023 LED-specific light fittings were the world's 280th most traded product (out of 5,606).

In 2023, the top exporters of LED-specific light fittings were China ($8.1B), Germany ($856M), Mexico ($497M), Italy ($385M), and Poland ($353M).

In 2023, the top importers of LED-specific light fittings were United States ($2.04B), Germany ($946M), France ($524M), Netherlands ($465M), and United Kingdom ($446M).

Explore Visualizations

Exporters of LED-specific light fittings (2023)
[Click to Select a Country]

Importers of LED-specific light fittings (2023)
[Click to Select a Country]

Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Ukraine$63.8M
Top Destination Growth (2022 -  2023)Singapore$112M

Between 2022 and 2023, the exports of LED-specific light fittings grew the fastest in Ukraine ($63.8M), Italy ($61.3M), Czechia ($53.5M), United Kingdom ($48.3M), and Germany ($37.8M).

Between 2022 and 2023, the fastest growing importers of LED-specific light fittings were Singapore ($112M), South Korea ($90.7M), Mexico ($73.4M), Kyrgyzstan ($72.6M), and Russia ($70.5M).

Explore Visualizations

Exporters of LED-specific light fittings (2022 - 2023)

Importers of LED-specific light fittings (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.72. This means that most of the exports of LED-specific light fittings are explained by 6 countries.

Explore Visualizations

Value of Exports in LED-specific light fittings

Net Trade

Year
TOP NET EXPORTER (2023)China$8.02B
TOP NET IMPORTER (2023)United States$1.77B

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

In 2023, the countries that had a largest trade value in exports than in imports of LED-specific light fittings were China ($8.02B), Mexico ($221M), Italy ($133M), Cambodia ($106M), and Czechia ($49.9M).

In 2023, the countries that had a largest trade value in imports than in exports of LED-specific light fittings were United States ($1.77B), France ($326M), United Kingdom ($290M), Australia ($267M), and Netherlands ($265M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of LED-specific 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms