The foreign trade import and export data published by General Administration of Customs in July 13th shows that the total import and export volume of goods trade in China in the first half of 2016 reached 11.13 trillion yuan, which decreased 3.3% on year-on-year basis. The export volume has reached 6.4 trillion yuan, 2.1% decreased year-on-year; the import volume is 4.73 trillion yuan, 4.7% decreased year-on-year; the trade surplus is 1.67 trillion yuan with a year-on-year increase of 5.9%.
In the first quarter of this year, the import and export volume all decreased. The second quarter has seen a year-on-year increase of respectively 0.1% and 1.2% for import and export.
The General Administration of Customs news spokesman said the world economy is in weak recovery and the global trade continues to shrink in this year. The import and export of goods trade in our country is faced with a global downturn. Looking back to LED Lighting industry, the national LED Lights key products export volume has reached 20.221 billion in the first half of 2016. Only some types of led lamps and light fixtures, LED color monitors and led high bay accessories material have seen increase, other led products have all decreased in certain degree.