Core Insights - China's lighting product exports totaled approximately $20.9 billion from January to May, representing a year-on-year decline of about 7% [1] - Exports to the United States, the largest market, amounted to approximately $4.2 billion, down 17% year-on-year, accounting for 20% of total exports [1] - In May, lighting product exports were around $4.6 billion, showing a month-on-month increase of about 2% [1] Export Performance - Exports to North America reached approximately $4.6 billion, down 15% year-on-year, with a 4 percentage point increase in the decline compared to the previous four months [2] - Exports to Europe were approximately $5.2 billion, showing a year-on-year growth of about 2% [2] - Exports to countries involved in the Belt and Road Initiative totaled about $10.4 billion, down 4% year-on-year, with a narrowing decline of 1 percentage point compared to the previous four months [2] Product Breakdown - The total export value of lighting products for the first five months was approximately $15.7 billion, down about 8% year-on-year [3] - Specific lighting products such as Christmas lights and LED-based fixtures saw export value increases of 45%, 7%, and 5% respectively [3] - Exports of electric light source products were approximately $2.3 billion, down 12% year-on-year, accounting for 11% of total exports [3] Market Trends - The top ten export markets for China's lighting products included the United States, Germany, Malaysia, Vietnam, and others, with a combined export value of about $10.3 billion, down 6.5% year-on-year [2] - Export growth rates for markets like the United States, Malaysia, and Singapore were in a downward trend, with declines ranging from 2% to 12% [2] - Conversely, exports to Germany, Vietnam, and the Netherlands showed positive growth rates between 0.8% and 11% [2]

从整体出口产品看，1-4月，灯具产品整体累计出口额约122亿美元，同比下降约8%，较一季度收窄1.5 个百分点，约占全部照明产品出口总额75%，与去年同期持平。其中，其他电气灯具及照明装置、灯具 配件等产品出口有所下降，出口额同比下降约15%，约占灯具出口31%。此外，固定式灯具、可移式灯 具等产品出口额有所下滑。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、非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42%、6%和6%，出口量同比分别增长27%、33%和18%。 1-4月，我国电光源产品出口量约89亿只，同比增长9%。其中，普通照明用电光源出口总量约为53亿 只，同比增长39%。LED电光源产品(LED灯泡、LED灯管、LED模块)出口量约47亿只，同比上升约 41%，占我国普通照明用电光源出口量的90%，较去年同期上升2个百分点。LED模块产品出口量约26 亿个，同比增长约87%。热辐射光源、气体放电光源等传统电光源产品出口量同比上升20%，约占普通 照明用电光源出口总量10%。虽然电光源产品出口 ...