LCDs in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $32.6M in LCDs, making it the 37th largest exporter of LCDs in the world. At the same year, LCDs was the 735th most exported product in Spain. The main destination of LCDs exports from Spain are: Singapore ($7.17M), Switzerland ($2.57M), United Kingdom ($2.37M), Saudi Arabia ($2.14M), and Germany ($2.14M).

The fastest growing export markets for LCDs of Spain between 2021 and 2022 were Singapore ($7.17M), Indonesia ($1.58M), and Saudi Arabia ($1.31M).

Imports In 2022, Spain imported $120M in LCDs, becoming the 24th largest importer of LCDs in the world. At the same year, LCDs was the 477th most imported product in Spain. Spain imports LCDs primarily from: Germany ($36M), China ($20.5M), United States ($13.9M), Israel ($13.3M), and United Kingdom ($10.5M).

The fastest growing import markets in LCDs for Spain between 2021 and 2022 were Israel ($5.13M), Canada ($843k), and Switzerland ($730k).

Latest Trends

August 2024

About

Overview In August 2024 Spain's LCDs exports accounted up to €1.73M and imports accounted up to €5.72M, resulting in a negative trade balance of €4M. Between August 2023 and August 2024 the exports of Spain's LCDs have increased by €232k (15.5%) from €1.5M to €1.73M, while imports decreased by €-549k (-8.75%) from €6.27M to €5.72M.

Destinations In August 2024, LCDs were exported mostly to Germany (€696k), Indonesia (€147k), United Kingdom (€116k), Netherlands (€91.7k), and Italy (€85.1k), and were imported mostly from Germany (€1.67M), China (€1.27M), United Kingdom (€996k), United States (€623k), and Lithuania (€213k).

Growth In August 2024, the increase in LCDs's year-by-year exports was explained primarily by an increase in exports to Sweden (€731k or 9.83k%), United Kingdom (€178k or 90.5%), and Portugal (€141k or 413%). In August 2024, the decrease in LCDs's year-by-year imports was explained primarily by a decrease in imports from China (€-663k or -33.2%), Malaysia (€-256k or -92.8%), and United Kingdom (€-235k or -45.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€232k(15.5%)

IMPORT GROWTH (August 2023 - August 2024)€-549k(-8.75%)

MAIN EXPORTER (August 2024)Madrid€5.2M

MAIN DESTINATION (August 2024)Germany€696k

This section shows LCDs's exports and imports data at subnational level for Spain. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$32.6M

IMPORTS (2022)$120M

NET TRADE (2022)-$87.2M

In 2022, Spain exported $32.6M in LCDs. The main destinations of Spain exports on LCDs were Singapore ($7.17M), Switzerland ($2.57M), United Kingdom ($2.37M), Saudi Arabia ($2.14M), and Germany ($2.14M).

In 2022, Spain imported $120M in LCDs, mainly from Germany ($36M), China ($20.5M), United States ($13.9M), Israel ($13.3M), and United Kingdom ($10.5M).

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