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
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%).
May 2022
Overview In May 2022 China's LCDs exports accounted up to $140M and imports accounted up to $263M, resulting in a negative trade balance of $122M. Between May 2021 and May 2022 the exports of China's LCDs have decreased by $-2.25B (-94.1%) from $2.39B to $140M, while imports decreased by $-2.09B (-88.8%) from $2.35B to $263M.
Destinations In May 2022, LCDs were exported mostly to United States ($45.2M), Malaysia ($17.3M), Thailand ($12M), Hong Kong ($8.9M), and Germany ($5.84M), and were imported mostly from Germany ($80.4M), South Korea ($49.5M), United States ($29.6M), Japan ($28.8M), and Thailand ($15.9M).
Growth In May 2022, the decrease in LCDs's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-40.2M or -38%), Germany ($-26.1M or -52.6%), and Iran ($-18.4M or -95.7%). In May 2022, the decrease in LCDs's year-by-year imports was explained primarily by a decrease in imports from Japan ($-55.4M or -17.6%), Thailand ($-54.5M or -44.5%), and France ($-3.1M or -68.5%).
EXPORT GROWTH (May 2021 - May 2022): $-2.25B, (-94.1%)
IMPORT GROWTH (May 2021 - May 2022): $-2.09B, (-88.8%)
MAIN EXPORTER (May 2022): Guangdong Province, $53.2M
MAIN DESTINATION (May 2022): United States, $45.2M
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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EXPORTS (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).
IN 2020, China HAD A NEGATIVE NET TRADE IN LCDs WITH:
In 2019, China's main exporting competitors in LCDs were:
In 2019, China's main importing competitors in LCDs were: