According to the Malaysia foreign trade development company (Matrade) statistics, the Malaysia LED lighting industry achieved a huge leap in German exports in 2013, rising from $3 million 900 thousand in 2008 to $139 million in 2013, up 35.4%.
The growing demand for energy conservation and environmental protection in Europe is the driving force to drive the export of Malaysia's lighting products. "Germany is now in the lead in Britain, Italy and France, leading the lighting market in Europe." "High energy prices are forcing German architects, public investors and consumers to turn to a more green and energy-efficient lighting solution," Frankfurt Trade Commissioner S. Jai Shankar said through Malaysia newspaper.
In addition, maintaining close trade relations between cities is also an important driving force for Malaysia's export demand for Germany. Shankar urged local manufacturers to develop actively and focus on exports from countries such as Austria, Poland and Czech Republic.
The lower production cost advantage of the Asian lighting market is very attractive for European lighting manufacturers who want to move eastward and improve their production capacity. The number of products from Asia exports to the European lighting market is also growing. And the Malaysia government will continue to increase investment in its own lighting industry. (/jasmine compiled by China LED network)
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