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Pricing

2022
Exports $3.7BWorld Rnk 2 / 172
Flag Rnk 193 / 1216
2022
Destination $10.5M Mexico
2021 - 2022
FASTEST GROWING MARKET $10.5MCanada
2022
PRODUCT COMPLEXITY IN LCDs1.58Rnk 39 / 1025
2022
Imports $6.68BWorld Rnk 1 / 211
Flag Rnk 52 / 1212
2022
Origin $6.61M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $6.61MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.7B in LCDs, making it the 2nd largest exporter of LCDs in the world. At the same year, LCDs was the 193rd most exported product in China. The main destination of LCDs exports from China are: Mexico ($1.02B), United States ($877M), Chinese Taipei ($323M), Thailand ($160M), and Malaysia ($155M).

The fastest growing export markets for LCDs of China between 2021 and 2022 were Canada ($10.5M), Ukraine ($2.33M), and Greece ($1.67M).

Imports In 2022, China imported $6.68B in LCDs, becoming the 1st largest importer of LCDs in the world. At the same year, LCDs was the 52nd most imported product in China. China imports LCDs primarily from: Chinese Taipei ($3.22B), South Korea ($1.57B), Germany ($767M), United States ($291M), and Thailand ($204M).

The fastest growing import markets in LCDs for China between 2021 and 2022 were Netherlands ($6.61M), Switzerland ($5.86M), and Mexico ($5.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (52), Panasonic (14), and ABB Motors and Mechanical (8) were at the forefront of shipping LCDs from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's LCDs exports accounted up to $145M and imports accounted up to $184M, resulting in a negative trade balance of $39M. Between September 2023 and September 2024 the exports of China's   LCDs have increased by $22.7M (18.7%) from $122M to $145M, while imports increased by $933k (0.51%) from $183M to $184M.

Destinations In September 2024, LCDs were exported mostly to United States ($43.1M), Thailand ($11.6M), Hong Kong ($9.45M), Japan ($8.79M), and Malaysia ($7.79M), and were imported mostly from Germany ($49M), United States ($25.5M), Thailand ($19.4M), Japan ($17.6M), and Switzerland ($16.1M).

Growth In September 2024, the increase in LCDs's year-by-year exports was explained primarily by an increase in exports to Russia ($3.5M or 140%), Thailand ($2.72M or 27.6%), and Hong Kong ($2.56M or 16.6%). In September 2024, the increase in LCDs's year-by-year imports was explained primarily by an increase in imports from Sweden ($2.73M or 373%), Netherlands ($507k or 120%), and Israel ($132k or 18.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$22.7M(18.7%)
IMPORT GROWTH (September 2023 - September 2024)$933k(0.51%)
MAIN EXPORTER (September 2024)Guangdong Province$52.2M
MAIN DESTINATION (September 2024)United States$43.1M

This section shows LCDs's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of LCDs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.7B
IMPORTS (2022)$6.68B
NET TRADE (2022)-$2.98B

In 2022, China exported $3.7B in LCDs. The main destinations of China exports on LCDs were Mexico ($1.02B), United States ($877M), Chinese Taipei ($323M), Thailand ($160M), and Malaysia ($155M).

In 2022, China imported $6.68B in LCDs, mainly from Chinese Taipei ($3.22B), South Korea ($1.57B), Germany ($767M), United States ($291M), and Thailand ($204M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR China WERE (2021 - 2022):
Canada$10.5M (23.7%)
Ukraine$2.33M (48.9%)
Greece$1.67M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY China WERE (2021 - 2022):
Mexico-$4.65B (-82.1%)
Hong Kong-$4.58B (-97.9%)
China-$3.5B (-96.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in LCDs were:
Chinese Taipei $4.53B
United States $3.27B
In 2022, China's main importing competitors in LCDs were:
United States $3.46B
Mexico $1.47B

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $41.7M
TOP IMPORT POTENTIALUnited States+ $65.7M

LCDs’s highest export potential is Japan. With an export gap of $41.7M.   LCDs’s highest import potential is United States with an import gap of $65.7M.

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