Stop the decline! November lighting exports increased by 20% month-over-month, due to...

据海关总署数据，11月份我国货物贸易进出口总值5490亿美元，同比增长4.3%；出口3303亿美元，同比增长5.9%。其中，照明产品11月出口额约39亿美元，同比下降18%；环比10月增长20%，结束了自今年7月以来环比下降的趋势。今年1-11月，我国照明产品出口总额约452亿美元，同比下降10.2%；占机电产品出口额的2.2%，与前10月基本一致。

From January to November, the total export value of electric light source products was approximately 5 billion USD, a year-on-year decrease of 11%. China's export volume of electric light source products was approximately 22.8 billion units, a year-on-year increase of 13%. The export volume of LED electric light source products was approximately 14.8 billion units, an increase of about 37% compared to the same period last year. The export volume of LED module products was approximately 8.9 billion units, with a year-on-year increase of about 82%. Pakistan, Algeria, Vietnam and other countries and regions are among the top ten markets for these product exports, with an export volume of approximately 6.9 billion units to them, a year-on-year increase of 121%.

灯具产品前11月累计出口额约336亿美元，同比下降约12%，较前10月降幅扩大1个百分点；约占总出口份额的74%，较前10月下降1个百分点。圣诞灯具、光伏的且设计为仅使用发光二极管（LED）光源的其他电灯及照明装置等少部分灯具产品实现出口额量双增长，出口额同比分别增长约1%和7%，出口量同比分别增长10%和28%。另外，固定式灯具、可移式灯具等产品出口额持续下滑。床头灯、落地灯等家居LED灯具出口量增长3%。

This year, under the background of deep adjustments in the global trade pattern, China's lighting Industry has actively implemented a market diversification strategy, expanding into emerging markets such as Africa to partially alleviate dependence on traditional export markets and mitigate trade risks. However, affected by fluctuations in the international trade situation, increased tariff barriers, and global supply chain restructuring, the industry's overall exports have faced pressure, with growth momentum in some markets slowing down.

1. shows a growth trend in non-

In the first 11 months, the export value of lighting products to Africa was approximately 3.1 billion USD, a year-on-year increase of 5.5%, maintaining the growth trend since May this year; accounting for about 7% of China's total lighting product exports, an increase of 1 percentage point compared to the same period last year. Among them, electric light source product exports were approximately 300 million USD, with a year-on-year increase of 3%; luminaire product exports were approximately 2.1 billion USD, with a year-on-year increase of 3%; non-main products such as vehicle lamps had exports of approximately 600 million USD, with a year-on-year increase of 16%.

2.Exports to the EU were basically flat compared to the same period last year

From January to November, China's overall exports of lighting products to the EU remained stable, with an export value of approximately 9.1 billion USD, a year-on-year (YoY) decline of 0.8%; this accounted for about 20% of China's total lighting product exports, representing a 2 percentage point increase compared to the same period last year. Among them, non-mainstream products such as automotive lamps saw a year-on-year growth in export value of 23%, amounting to approximately 1 billion USD; however, luminaire exports declined by approximately 3% year-on-year, totaling about 7.2 billion USD; electric light source exports fell by 6% year-on-year, reaching approximately 800 million USD. Specifically, exports to Germany amounted to approximately 2.1 billion USD, showing a year-on-year growth of 0.2%. Additionally, exports to other EU markets including Spain, Belgium, Sweden, and Denmark experienced year-on-year increases ranging from 0.2% to 17%; meanwhile, exports to EU markets such as the Netherlands, France, and Italy saw year-on-year declines between 0.5% and 20%.

3.to the USExport环比10月微增2%

In November, exports to the US amounted to approximately $700 million, a year-on-year (YoY) decrease of 37%, and a month-on-month increase of 2% compared to October. The three products contributing most to the month-on-month growth in exports to the US were: "Chandeliers and other electrical lighting fixtures designed for use only with light-emitting diode (LED) lamps, intended for ceiling or wall mounting", "Electrical lighting equipment for motor vehicles", and "Other chandeliers and other electrical lighting fixtures for ceiling or wall mounting", which drove growth rates of 2.2%, 1.4%, and 0.9% respectively.

In the first 11 months, China's export value of lighting products to the US was approximately 9 billion USD, a year-on-year (YoY) decline of about 22%; exports to the US accounted for about 20% of China's total exports, down 3 percentage points compared to the same period last year. By product category, exports of luminaires to the US declined the most, with an export value of approximately 6.5 billion USD, a year-on-year (YoY) drop of about 24%. Electric light source product exports were approximately 1 billion USD, a year-on-year (YoY) decrease of about 21%. Non-mainstream lighting product exports were approximately 1.4 billion USD, a year-on-year (YoY) decline of about 12%.

4. Export to ASEAN further slowed down

From January to November, the export value of lighting products to ASEAN was approximately $7.1 billion, a year-on-year (YoY) decrease of 8.5%; the decline widened by 3 percentage points compared to the first 10 months; exports to ASEAN accounted for about 16% of China's total lighting product exports, remaining basically flat compared to the same period last year. Among them, electric light source product exports were approximately $800 million, a year-on-year (YoY) decrease of 4%; luminaire product exports were approximately $5.5 billion, a year-on-year (YoY) decrease of 6%; non-mainstream products such as vehicle lamps had exports of approximately $800 million, a year-on-year (YoY) decrease of 7%.