As of June 2016, the total export value of the lighting and electrical industry was US$17.65 billion, which was basically the same as that of the same period in 2014, which was 14.1% lower than that of the same period of last year. This is the first time in the past five years that the industry has experienced negative growth. Among all export products, the export of traditional electric light source products continued to decline. The export volume of compact fluorescent lamps decreased by 20% compared with the same period of last year, the export value decreased by 28%, and the decline of other types of fluorescent lamps decreased by less than 7%. The export volume of incandescent lamps for general lighting was almost the same as that of the same period of last year, and there was no significant decline. Although the export volume of tungsten halogen lamps increased by 13.6%, the export value decreased by 5%, and the profit of the products dropped significantly. The export of lighting products also showed a significant decline, in which the export value of movable lamps fell by more than 40%, and the export value of fixed lamps fell by more than 15%. Looking at the number of exports, the export of various types of LED lighting products under the tariff number of 94054090 has a 10% increase, but the export value does not rise and fall, which fully reflects the further squeeze of the profit margin of LED lighting products.
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