LCDs9013 (Harmonized System 1992 for 4-digit)
2020 World Trade: $46.9B, Rnk 75 / 1217
2020 Top Exporter | Top Importer: $18.6B | $15.4B, China | China
2020 Product Complexity: 1.34, Rnk 91 / 1028
2019 - 2020 Export Growth (CAGR): -6.18%, Rnk 566 / 1217
2018 Mean Tariff: 5.28%, Rnk 787 / 1259
2020 Share of World Trade: 0.28%, Rnk 75 / 1217
Overview This page contains the latest trade data of LCDs. In 2020, LCDs were the world's 75th most traded product, with a total trade of $46.9B. Between 2019 and 2020 the exports of LCDs decreased by -6.18%, from $50B to $46.9B. Trade in LCDs represent 0.28% of total world trade.
LCDs are a part of Optical, photo, & film equipment; medical instruments. They include Optical devices, appliances and instruments, nes, Parts and accessories of optical appliances nes, Lasers, other than laser diodes, and Telescopes for arms/other equipment, periscopes.
Exports In 2020 the top exporters of LCDs were China ($18.6B), Chinese Taipei ($7.27B), South Korea ($6.57B), Japan ($3.4B), and United States ($2.67B).
Imports In 2020 the top importers of LCDs were China ($15.4B), Hong Kong ($5.86B), Mexico ($3.77B), United States ($3.4B), and Vietnam ($2.68B).
Tariffs In 2018 the average tariff for LCDs was 5.28%, making it the 787th lowest tariff using the HS4 product classification.
Ranking LCDs ranks 91st in the Product Complexity Index (PCI).
Description Liquid crystal devices are used in the production of other goods. They can be made from a variety of materials, including glass, plastic, and metal.
The following visualization shows the latest trends on LCDs. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
LCDs are the world's 75th most traded product.
In 2020, the top exporters of LCDs were China ($18.6B), Chinese Taipei ($7.27B), South Korea ($6.57B), Japan ($3.4B), and United States ($2.67B).
In 2020, the top importers of LCDs were China ($15.4B), Hong Kong ($5.86B), Mexico ($3.77B), United States ($3.4B), and Vietnam ($2.68B).
Trade by country
Top Origin Growth (2019 - 2020): Chinese Taipei, $419M
Top Destination Growth (2019 - 2020): Mexico, $480M
Between 2019 and 2020, the exports of LCDs grew the fastest in Chinese Taipei ($419M), Hong Kong ($131M), Singapore ($95.8M), Lithuania ($37.5M), and Sweden ($18.9M).
Between 2019 and 2020, the fastest growing importers of LCDs were Mexico ($480M), Vietnam ($305M), India ($121M), Hungary ($92.6M), and Chinese Taipei ($58.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of LCDs.
In 2020, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of LCDs are explained by 8 countries.
TOP NET EXPORTER (2020): Chinese Taipei, $6B
TOP NET IMPORTER (2020): Hong Kong, $5.47B
This map shows which countries export or import more of LCDs. Each country is colored based on the difference in exports and imports of LCDs during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of LCDs were Chinese Taipei ($6B), South Korea ($5.19B), China ($3.15B), Japan ($2.09B), and Germany ($1.36B).
In 2020, the countries that had a largest trade value in imports than in exports of LCDs were Hong Kong ($5.47B), Mexico ($3.21B), Vietnam ($2.56B), Poland ($922M), and Malaysia ($754M).
In 2020, the world most traded LCDs, disaggragated by their HS6 level were Optical devices, appliances and instruments, nes ($33B), Lasers, other than laser diodes ($7.64B), Parts and accessories of optical appliances... ($5.34B), and Telescopes for arms/other equipment, periscopes ($1B)
This visualization shows the countries that have an important ratio of their trade related to LCDs. It is possible to select the main countries that export or import LCDs in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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