In the first quarter of 2020, my country’s total export of LED lighting products was 1.646 billion US dollars, a year-on-year decrease of 23.27%.

 

The total export value of LED lighting products fell by more than 2 tiers year-on-year

 

In 2019, the growth rate of my country's LED lighting product exports has slowed sharply. From January to February 2020, the trade war is superimposed by the impact of the "new crown" epidemic, and the situation is not optimistic. According to the statistical analysis of customs data by CSA Research, except for February, April, July, and November, all are in a growth trend. The peak growth and peak declines were in September and May, respectively, 30.24% and 13.16% , And China’s total exports of LED lighting products from January to February 2020 were US$1.646 billion, of which exports in January were approximately US$1.412 billion, a decrease of 0.27% from the previous year; and affected by the epidemic, exports in February showed a cliff-like shape. Its export value was only 230 million U.S. dollars, down 67.93% year-on-year and nearly 90% month-on-month.