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Electrical apparatus; photosensitive semiconductor devices, light emitting diodes (LED)

854141 (Harmonized System 2022 for 6-digit)

2023
World Trade $11.6BRnk 313 / 5606
2023
Top Exporter | Top Importer $3.44B | $2.18BChina | Hong Kong
2023
Product Complexity 0.96Rnk 1000 / 5606
2022 - 2023
Export Growth (CAGR) -20.2%Rnk 4506 / 5606
2023
Share of World Trade 0.051%Rnk 313 / 5606

About

Overview This page contains the latest trade data of Photosensitive devices; LEDs. In 2023, Photosensitive devices; LEDs were the world's 313th most traded product, with a total trade of $11.6B. Between 2022 and 2023 the exports of Photosensitive devices; LEDs decreased by -20.2%, from $14.5B to $11.6B. Trade in Photosensitive devices; LEDs represent 0.051% of total world trade.

Photosensitive devices; LEDs are a part of Semiconductor Devices.

Exports In 2023 the top exporters of Photosensitive devices; LEDs  were China ($3.44B), Japan ($2.02B), Malaysia ($1.09B), Germany ($978M), and Chinese Taipei ($808M).

Imports In 2023 the top importers of Photosensitive devices; LEDs were Hong Kong ($2.18B), China ($2.07B), Germany ($746M), United States ($671M), and Mexico ($549M).

Ranking Photosensitive devices; LEDs ranks 1000th 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 Photosensitive devices; LEDs. 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$3.44B
Top Destination (2023)Hong Kong$2.18B

In 2023 Photosensitive devices; LEDs were the world's 313th most traded product (out of 5,606).

In 2023, the top exporters of Photosensitive devices; LEDs were China ($3.44B), Japan ($2.02B), Malaysia ($1.09B), Germany ($978M), and Chinese Taipei ($808M).

In 2023, the top importers of Photosensitive devices; LEDs were Hong Kong ($2.18B), China ($2.07B), Germany ($746M), United States ($671M), and Mexico ($549M).

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Exporters of Photosensitive devices; LEDs (2023)
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Importers of Photosensitive devices; LEDs (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Singapore$79.3M
Top Destination Growth (2022 -  2023)Kyrgyzstan$219M

Between 2022 and 2023, the exports of Photosensitive devices; LEDs grew the fastest in Singapore ($79.3M), Malaysia ($32.6M), Austria ($26.3M), Italy ($15.4M), and Sweden ($13.2M).

Between 2022 and 2023, the fastest growing importers of Photosensitive devices; LEDs were Kyrgyzstan ($219M), Mexico ($139M), Malaysia ($62.7M), India ($60.6M), and United Kingdom ($17.1M).

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Exporters of Photosensitive devices; LEDs (2022 - 2023)

Importers of Photosensitive devices; LEDs (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Photosensitive devices; LEDs.

In 2023, market concentration measured using Shannon Entropy, was 3.41. This means that most of the exports of Photosensitive devices; LEDs are explained by 10 countries.

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Value of Exports in Photosensitive devices; LEDs

Net Trade

Year
TOP NET EXPORTER (2023)Japan$1.73B
TOP NET IMPORTER (2023)Hong Kong$2B

This map shows which countries export or import more of Photosensitive devices; LEDs. Each country is colored based on the difference in exports and imports of Photosensitive devices; LEDs during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Photosensitive devices; LEDs were Japan ($1.73B), China ($1.37B), Malaysia ($693M), Chinese Taipei ($553M), and Germany ($232M).

In 2023, the countries that had a largest trade value in imports than in exports of Photosensitive devices; LEDs were Hong Kong ($2B), Mexico ($525M), India ($269M), Kyrgyzstan ($220M), and Thailand ($147M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Photosensitive devices; LEDs 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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