LCDs in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $642M in LCDs, making it the 8th largest exporter of LCDs in the world. At the same year, LCDs was the 118th most exported product in United Kingdom. The main destination of LCDs exports from United Kingdom are: United States ($195M), Germany ($95.8M), China ($50.8M), United Kingdom ($44.6M), and Japan ($41.8M).

The fastest growing export markets for LCDs of United Kingdom between 2021 and 2022 were United Kingdom ($17.6M), South Korea ($11.2M), and Japan ($11M).

Imports In 2022, United Kingdom imported $457M in LCDs, becoming the 10th largest importer of LCDs in the world. At the same year, LCDs was the 275th most imported product in United Kingdom. United Kingdom imports LCDs primarily from: United States ($105M), Germany ($91.1M), China ($50.8M), United Kingdom ($44.6M), and Canada ($29.8M).

The fastest growing import markets in LCDs for United Kingdom between 2021 and 2022 were United States ($30.1M), Canada ($17.8M), and United Kingdom ($17.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping LCDs from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's LCDs exports accounted up to £27.2M and imports accounted up to £30.4M, resulting in a negative trade balance of £3.17M. Between January 2023 and January 2024 the exports of United Kingdom's LCDs have decreased by £-2.1M (-7.18%) from £29.3M to £27.2M, while imports decreased by £-8.43M (-21.7%) from £38.8M to £30.4M.

Destinations In January 2024, LCDs were exported mostly to United States (£6.18M), Germany (£4.63M), Rest of the world (£3.29M), China (£2.79M), and Canada (£1.33M), and were imported mostly from United States (£9.11M), Germany (£4.91M), France (£4.3M), Rest of the world (£3.1M), and China (£1.76M).

Growth In January 2024, the decrease in LCDs's year-by-year exports was explained primarily by a decrease in exports to United States (£-2.91M or -33.8%), China (£-2.16M or -63.3%), and Estonia (£-545k or -99.1%). In January 2024, the decrease in LCDs's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-1.55M or -78.6%), Japan (£-1.03M or -81.4%), and Canada (£-887k or -74.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-2.1M(-7.18%)

IMPORT GROWTH (January 2023 - January 2024)£-8.43M(-21.7%)

MAIN EXPORTER (January 2024)East Midlands Airport£5.67M

MAIN DESTINATION (January 2024)United States£6.18M

This section shows LCDs's exports and imports data at subnational level for United Kingdom. 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)$642M

IMPORTS (2022)$457M

NET TRADE (2022)$185M

In 2022, United Kingdom exported $642M in LCDs. The main destinations of United Kingdom exports on LCDs were United States ($195M), Germany ($95.8M), China ($50.8M), United Kingdom ($44.6M), and Japan ($41.8M).

In 2022, United Kingdom imported $457M in LCDs, mainly from United States ($105M), Germany ($91.1M), China ($50.8M), United Kingdom ($44.6M), and Canada ($29.8M).

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