Another noteworthy phenomenon in the export of LED displays in the first half of 2015 is that the concentration of export areas in China's LED display industry is still high, although the dominant traditional market (Western Europe, North America) status changes are not particularly significant, but the market share The share is decreasing, and the emerging markets in Russia, Brazil, India and other emerging markets in Asia, Africa and Latin America are growing rapidly.
From the perspective of the corresponding export market, the United States and Germany are still the largest export destination countries. What is different from 2014 is the change in the Russian market. From January to May 2014, Russia was only the eighth exporter of China, but by 2015, it had risen to the third place, and the trade amount increased by 52.33% year-on-year. This growth rate is almost amazing. To the point. More than 160 countries around the world source LED displays from China, and Russia is the most eye-catching in emerging markets. The top ten export destination countries are the United States, Germany, Russia, Australia, Mexico, the United Kingdom, Italy, Hong Kong, the Netherlands. Among them, there are 54 enterprises with export destinations in the United States, 30 enterprises with export destinations in Germany, and 26 enterprises exporting to Russia. According to customs statistics, there are five companies with a turnover of 10 million US dollars:
Data show that from January to May 2015, China's exports of LED display products to Russia amounted to 13 million US dollars. Given the FIFA World Cup in 2018, demand in this market is expected to continue to grow. However, as some small businesses in the industry continue to flood into the market, competition is bound to become increasingly fierce.
The export volume and amount of China's exports of LED displays to Russia are increasing year by year, and its development trend is obvious to all. Despite the impact of the Russian economic downturn and the devaluation of the ruble in the first half of this year, domestic LED display companies are slightly hesitant about the development and deep cultivation of the Russian market, but the demand for the expansion of the Russian LED market has always been very attractive.
In addition, the data shows that although the export areas of LED display screens in China are still mainly concentrated in Europe, America, Japan, South Korea, Southeast Asia and other regions, the cake in the international market is still very large, and the establishment of the BRICS summit mechanism has enabled China and Russia, The economic development of Brazil, India and South Africa is closely linked. As the most dynamic economic region in the world, China has great potential for trade development and good trade policy support. It can be predicted that the future expansion of LED display screens for BRICS countries will be huge.
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