After a decade of quenching, the BRICS cooperation mechanism has become the main platform for cooperation between emerging market countries and developing countries. September 3-5th, the Nineth meeting of BRICS leaders held in Xiamen, China, to attract global attention. In this issue, we will follow 1° elder sister's perspective to see the first half of 2017 years of China's LED lighting products export BRICS countries.
The BRICS, which comprise 5 countries of China, Brazil, Russia, India and Brazil, are located in Asia, Africa, Europe and the Americas, and are now the world's leading emerging economies. 5 countries accounted for 26.46% of the world's territory, the population accounted for 42.58% of the world's population, and GDP accounted for around 22.29% of the global total in 2016.
As the BRICS conference convenes this year, trade cooperation between the five countries has deepened. So, what is the status of China's trade with LED lighting products in the other four countries, and what is the development stage? Let's use the data to comb it today.
1, LED lighting products of about 400 million export BRIC countries
In the first half of 2017, China's LED lighting products exported to the total BRIC countries more than 400 million U.S. dollars, the year-on-year growth of 41.22%, accounting for China's LED lighting products export ratio of 7.1%. By the size of the export amount from big to small rank: Russia, Brazil, India and South Africa.
Russia and Brazil's market amount close to 150 million U.S. dollars, year-on-year growth rate of 10.39% and 137.62% respectively, accounted for the first half of China's led products export ratio of 2.5% and 2.46% respectively; both markets showed negative growth in the first quarter, up from a rapid rebound in the second quarter, In particular, the Brazilian market has shown strong performance in the two quarter of this year, maintaining a doubling of growth.
Indian market more than 100 million U.S. dollars, accounted for the first half of China's led products export ratio of 1.79%, year-on-year growth rate of 31.01%.
South Africa's market performance is weakest, not more than 20 million U.S. dollars, year-on-year growth rate of 4.24%, because the first quarter performance is too weak, despite 5 June year-on-year growth rate of 45.9% and 53.9% of the beautiful data, but still can not undo the situation. According to the South African market performance in the second quarter, is expected to continue growth in the second half of this year, total annual exports are expected to surpass last year.
2, bulb lamp, tube lamp, lamp, etc. still is the main export product
Bulb lights, tube lights, light strips, projection lights and flat lights as the main products of the current LED lighting, in China's exports to the BRICS led products accounted for 54.47%, the export of about 229 million U.S. dollars. According to the size of the export order is the ball bulb lamp, tube lights, light strips, projection lights and flat lights.
Among them, the bulb lamp, the tube lamp, the light strip, the projection light and the plane lamp in our country exports to the Russian market the LED product to account for 48.97%, the Brazilian market accounted for 64.66%, the Indian market accounted for 48.19%, the South Africa market accounted for 54.21%. Among them, spotlights, explosion-proof lights in Russia and the tube lamp in the Brazilian market also has a good performance.