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2022
Exports $3.27BWorld Rnk 3 / 172
Flag Rnk 107 / 1217
2022
Destination $122M Germany
2021 - 2022
FASTEST GROWING MARKET $122MSouth Korea
2022
PRODUCT COMPLEXITY IN LCDs1.58Rnk 39 / 1025
2022
Imports $3.46BWorld Rnk 2 / 211
Flag Rnk 165 / 1216
2022
Origin $61.1M China
2021 - 2022
FASTEST GROWING ORIGIN $61.1MGermany
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.27B in LCDs, making it the 3rd largest exporter of LCDs in the world. At the same year, LCDs was the 107th most exported product in United States. The main destination of LCDs exports from United States are: Germany ($460M), South Korea ($350M), China ($291M), Japan ($286M), and Netherlands ($251M).

The fastest growing export markets for LCDs of United States between 2021 and 2022 were South Korea ($122M), Germany ($64.5M), and Netherlands ($42.7M).

Imports In 2022, United States imported $3.46B in LCDs, becoming the 2nd largest importer of LCDs in the world. At the same year, LCDs was the 165th most imported product in United States. United States imports LCDs primarily from: China ($877M), Canada ($562M), Germany ($427M), Mexico ($326M), and Japan ($203M).

The fastest growing import markets in LCDs for United States between 2021 and 2022 were Germany ($61.1M), Canada ($41.2M), and Latvia ($12M).

COMPANIES In 2023, leading companies such as CrimsonLogic (52), Samsung (24), and IKEA Group (15) were at the forefront of shipping LCDs to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' LCDs exports accounted up to $281M and imports accounted up to $310M, resulting in a negative trade balance of $28.9M. Between September 2023 and September 2024 the exports of United States'   LCDs have decreased by $-47.8M (-14.5%) from $329M to $281M, while imports increased by $55.8M (21.9%) from $254M to $310M.

Destinations In September 2024, LCDs were exported mostly to South Korea ($27.8M), Germany ($27.3M), Japan ($25.7M), China ($21M), and Canada ($16.2M), and were imported mostly from Canada ($75M), China ($65M), Germany ($40.6M), Japan ($19.5M), and United Kingdom ($17M).

Growth In September 2024, the decrease in LCDs's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-10.4M or -47.7%), Canada ($-6.3M or -31.1%), and United Arab Emirates ($-6.16M or -87.9%). In September 2024, the increase in LCDs's year-by-year imports was explained primarily by an increase in imports from Canada ($22.5M or 69.4%), Switzerland ($3.53M or 240%), and Israel ($3.09M or 69.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-47.8M(-14.5%)
IMPORT GROWTH (September 2023 - September 2024)$55.8M(21.9%)
MAIN EXPORTER (September 2024)California$157M
MAIN DESTINATION (September 2024)South Korea$27.8M

This section shows LCDs's exports and imports data at subnational level for United States. 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)$3.27B
IMPORTS (2022)$3.46B
NET TRADE (2022)-$193M

In 2022, United States exported $3.27B in LCDs. The main destinations of United States exports on LCDs were Germany ($460M), South Korea ($350M), China ($291M), Japan ($286M), and Netherlands ($251M).

In 2022, United States imported $3.46B in LCDs, mainly from China ($877M), Canada ($562M), Germany ($427M), Mexico ($326M), and Japan ($203M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$122M (53.7%)
Germany$64.5M (16.3%)
Netherlands$42.7M (20.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY United States WERE (2021 - 2022):
Mexico-$28.2M (-16.5%)
Russia-$24M (-85.8%)
Saudi Arabia-$22.7M (-54.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in LCDs were:
Chinese Taipei $4.53B
China $3.7B
In 2022, United States's main importing competitors in LCDs were:
China $6.68B
Mexico $1.47B

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $65.7M
TOP IMPORT POTENTIALCanada+ $104M

LCDs’s highest export potential is China. With an export gap of $65.7M.   LCDs’s highest import potential is Canada with an import gap of $104M.

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