LCDs in 
China
2020 Exports | Imports : $18.6B | $15.4B, World Rnk 1 / 166 Rnk 26 / 1215 | World Rnk 1 / 215 Rnk 16 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $881M | $171M, Mexico | Chinese Taipei
Exports In 2020, China exported $18.6B in LCDs, making it the 1st largest exporter of LCDs in the world. At the same year, LCDs was the 26th most exported product in China. The main destination of LCDs exports from China are: Hong Kong ($4.48B), Mexico ($3.39B), Vietnam ($1.46B), Poland ($864M), and United States ($824M).
The fastest growing export markets for LCDs of China between 2019 and 2020 were Mexico ($881M), Vietnam ($477M), and India ($181M).
Imports In 2020, China imported $15.4B in LCDs, becoming the 1st largest importer of LCDs in the world. At the same year, LCDs was the 16th most imported product in China. China imports LCDs primarily from: Chinese Taipei ($5.58B), South Korea ($5.2B), Japan ($2.07B), Thailand ($859M), and Germany ($704M).
The fastest growing import markets in LCDs for China between 2019 and 2020 were Chinese Taipei ($171M), Singapore ($97.8M), and Germany ($74.8M).
Tariffs In 2018, the average tariff for China in LCDs was 4.82%. The countries with the highest import tariffs for LCDs were Macau (Most Favoured Nation duty rate treatement, 8%), Bangladesh (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), India (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), Sri Lanka (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), and Burkina Faso (Most Favoured Nation duty rate treatement, 5.07%).
Latest Trends
#permalink to sectionNovember 2021
Overview In November 2021 China's LCDs exports accounted up to $2.65B and imports accounted up to $2.15B, resulting in a positive trade balance of $496M. Between November 2020 and November 2021 the exports of China's LCDs have increased by $456M (20.8%) from $2.19B to $2.65B, while imports decreased by $-286M (-11.7%) from $2.44B to $2.15B.
Destinations In November 2021, LCDs were exported mostly to Hong Kong ($503M), Mexico ($353M), Poland ($229M), Vietnam ($193M), and Hungary ($155M), and were imported mostly from Taiwan ($832M), South Korea ($485M), China ($355M), Japan ($236M), and Germany ($78.1M).
Growth In November 2021, the increase in LCDs's year-by-year exports was explained primarily by an increase in exports to Egypt ($28.2M or 162%), Hungary ($25.5M or 102%), and Mexico ($18.8M or 10.1%). In November 2021, the decrease in LCDs's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-305M or -36.2%), South Korea ($-247M or -33.4%), and China ($-132M or -33.7%).
Subnational Monthly Trade
#permalink to sectionEXPORT GROWTH (November 2020 - November 2021): $456M, (20.8%)
IMPORT GROWTH (November 2020 - November 2021): $-286M, (-11.7%)
MAIN EXPORTER (November 2021): Guangdong Province, $1.08B
MAIN DESTINATION (November 2021): Hong Kong, $503M
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.
For full datasets download visit Bulk Download page.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2020): $18.6B
IMPORTS (2020): $15.4B
NET TRADE (2020): $3.15B
In 2020, China exported $18.6B in LCDs. The main destinations of China exports on LCDs were Hong Kong ($4.48B), Mexico ($3.39B), Vietnam ($1.46B), Poland ($864M), and United States ($824M).
In 2020, China imported $15.4B in LCDs, mainly from Chinese Taipei ($5.58B), South Korea ($5.2B), Japan ($2.07B), Thailand ($859M), and Germany ($704M).
Net Trade
#permalink to sectionIN 2020, China HAD A NEGATIVE NET TRADE IN LCDs WITH:
- Chinese Taipei , -$4.84B ($737M - $5.58B)
- South Korea , -$4.59B ($613M - $5.2B)
- Japan , -$1.49B ($583M - $2.07B)
Market Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2019, China's main exporting competitors in LCDs were:
- Chinese Taipei , $7.27B
- South Korea , $6.57B
- Japan , $3.4B
In 2019, China's main importing competitors in LCDs were:
- Hong Kong , $5.86B
- Mexico , $3.77B
- United States , $3.4B
Tariffs
#permalink to sectionTariffs by Country
#permalink to sectionIn 2018, the average tariff for China in LCDs was 4.82%.
The countries with the highest tariffs for LCDs in China were Macau (Most Favoured Nation duty rate treatement, 8%), Bangladesh (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), India (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), Sri Lanka (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), and Burkina Faso (Most Favoured Nation duty rate treatement, 5.07%).
