According to the statistics of the Malaysian Foreign Trade Development Corporation, the LED lighting industry in Malaysia achieved a huge leap in exports to Germany in 2013, jumping from US$3.9 million in exports in 2008 to US$139 million in 2013, an increase of 35.4.
Europe's growing energy and environmental protection needs are the driving force behind the export of Malaysia's lighting products. Germany is now ahead of the UK, Italy and France and is dominant in the European lighting market. Frankfurt City Trade Commissioner S. Jai Shankar said that rising energy prices are forcing German architects, public investors and consumers to switch to more green and energy-efficient lighting solutions.
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 actively develop and focus on exports from countries such as Austria, Poland and the Czech Republic.
The relatively low production cost advantage of the Asian lighting market is attractive to European lighting manufacturers who want to move to the east and increase productivity. The number of products exported from Asia to the European lighting market is also growing. The Malaysian government will also continue to increase investment in the domestic lighting industry.
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