China LED display export data secret

According to Han Wen information reports, according to 2015 of the latest customs statistics show that from January 2015 to May, China's exports of LED display amount reached $260 million, exports amounted to 440 thousand units. Among them, the export amount of about $59 million in May, accounting for about 22.22% of the total sum of the first 5 months.

The first half of 2015 LED display export another noteworthy phenomenon is that is highly concentrated export area of China LED display industry, although the traditional market (Western Europe and North America) status change is not very obvious, but the market share is reduced, Russia, Brazil, India and other Eastern Europe and Asia the rapid growth of emerging markets.

From the point of view of the export market, the United States, Germany is still the largest export destination, and in 2014 is different from the Russian market changes. From 2014 1 to May, Russia is only eighth to China exporter, but in 2015, it has risen to third place, the amount of trade grew 52.33%, the growth rate almost to the point of amazing. There are more than 160 countries from the world to purchase LED display, Russia's most eye-catching performance in emerging markets. The top ten exporting countries were the United States, Germany, Russia, Australia, Mexico, the United Kingdom, Italy, Hongkong, China and Holland. Among them, the export destination for the United States reached 54 enterprises, export destination for the German enterprises have 30, exports to Russia has a total of 26 enterprises. According to customs statistics, turnover amounted to ten million dollars in a total of five companies:

Data show that in 2015 1-5 months, China's exports to Russia LED display products amounted to $13 million. In view of the 2018 FIFA World Cup, the market demand is expected to continue to grow. However, due to the small number of small businesses in the industry continue to enter the market, so the competition will become increasingly fierce.

China exports to Russia LED display the number and amount of exports increased year by year, its development trend is obvious. Despite the impact of the first half of this year, Russia's economic downturn, the devaluation of the ruble, the domestic LED display enterprises on the Russian market development and deep plowing hesitated, but the Russian LED market demands is always very attractive.

In addition, data show that, although China's LED display export area is still mainly concentrated in Europe and the United States, Japan and South Korea, Southeast Asia and other regions, but the international market is still large, the establishment of the BRICs summit mechanism, the China and Russia and Brazil, India and South Africa among countries in the economic development together. China as economic region in the world's most dynamic trade, has huge development potential and good trade policy support, can predict the future, export LED display for the BRIC countries can expand the huge space.

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