United Kingdom off the impact of China's exports of lighting geometry?

UK local time on the morning of June 24th, the United Kingdom, off the European referendum vote results announced that the majority of voters in favor of the United Kingdom from the eu.

So, the United Kingdom from the EU exports to the lighting industry have an impact?

Overall view:

For China, exports will undoubtedly be hit hard. Prior to April this year, China's import and export growth in the EU, the United States, ASEAN and Japan and other trading partners decline in imports and exports. 4 months ago, the EU is China's largest trading partner, bilateral trade value of 1 trillion and 100 billion yuan, a slight increase of 0.3%, accounting for 15.3% of my total foreign trade. China's exports to the EU grew by 1.3%, exports to the United States, ASEAN, Japan fell by 3.5%, 3.5% and 1.5%, respectively. If the EU disintegrates, China's export structure will be rebuilt.

Just look at the exit:

Survey data show that in 2016 1-4 months, China's LED lighting products $5 billion 764 million, down 8.54%. Export destination Top50 is as follows, where exports ranked third in the uk.

2016 1-4 China LED lighting products export market Top50

In the face of fluctuations in foreign exchange rates, foreign trade enterprises have been hit, the pound is not conducive to the export of the United Kingdom, so bring greater losses, some foreign trade enterprises have now suspended some of the trade.

Britain to Europe, is bound to affect the export of Chinese lighting companies.

On the other hand, as China's LED lighting products export market ranked fifth in the country, the United Kingdom took off the European Union, the Japanese yen rose sharply, the Japanese economy, it is worse. According to foreign media reports, the Japanese economy this year, a moderate increase in risk, due to the slowdown in export demand, the rapid rise in the yen makes Japanese products in overseas attraction decreased, hurting exporters' profits.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).