HS Icon LCDs

9013 (Harmonized System 1992 for 4-digit)

World Trade (2019): $49.9B, Rnk 70 / 1217

Top Exporter (2019): $19B, China

Top Importer (2019): $15.9B, China

Product Complexity (2019): 1.63, Rnk 27 / 961

Export Growth (CAGR)(2018 - 2019): -20.3%, Rnk 1150 / 1217

Mean Tariff (2018): 5.41%, Rnk 761 / 1259

Share of World Trade (2019): 0.28%, Rnk 70 / 1217

Overview:  This page contains the latest trade data of LCDs. In 2019, LCDs were the world's 70th most traded product, with a total trade of $49.9B. Between 2018 and 2019 the exports of LCDs decreased by -20.3%, from  $62.6B to $49.9B. Trade in LCDs represent 0.28% of total world trade.

Exports: In 2019 the top exporters of LCDs  were China ($19B), South Korea ($7.13B), Chinese Taipei ($6.78B), Japan ($3.61B), and United States ($2.86B).

Imports: In 2019 the top importers of LCDs were China ($15.9B), Hong Kong ($6.4B), United States ($3.55B), Mexico ($3.32B), and Vietnam ($2.38B).

Tariffs: In 2018 the average tariff for LCDs was 5.41%, making it the 761st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for LCDs are Bahamas (40.2%), Cambodia (35%), Ethiopia (29.7%), Bermuda (25%), and Sudan (21.9%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: LCDs ranks 27th 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.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $19B

Top Destination (2019): China, $15.9B

LCDs are the world's 70th most traded product.

In 2019, the top exporters of LCDs were China ($19B), South Korea ($7.13B), Chinese Taipei ($6.78B), Japan ($3.61B), and United States ($2.86B).

In 2019, the top importers of LCDs were China ($15.9B), Hong Kong ($6.4B), United States ($3.55B), Mexico ($3.32B), and Vietnam ($2.38B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Singapore, $70.7M

Top Destination Growth (2018 - 2019): Saudi Arabia, $53.3M

Between 2018 and 2019, the exports of LCDs grew the fastest in Singapore ($70.7M), Russia ($41.9M), Netherlands ($37.7M), Slovenia ($27.6M), and Australia ($15.9M).

Between 2018 and 2019, the fastest growing importers of LCDs were Saudi Arabia ($53.3M), France ($38.7M), Ireland ($34.1M), Netherlands ($32.1M), and Canada ($29.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of LCDs.

In 2019,  market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of LCDs are explained by 8 countries.

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TOP NET EXPORTER (2019): Chinese Taipei, $5.55B

TOP NET IMPORTER (2019): Hong Kong, $6.11B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of LCDs were Chinese Taipei ($5.55B), South Korea ($4.77B), China ($3.11B), Japan ($2.09B), and Germany ($1.06B).

In 2019, the countries that had a largest trade value in imports than in exports of LCDs were Hong Kong ($6.11B), Mexico ($2.52B), Poland ($1.06B), Vietnam ($1.03B), and Malaysia ($820M).

Disaggregation

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Value

In 2019, the world most traded LCDs, disaggragated by their HS6 level were Optical devices, appliances and instruments, nes ($36.1B), Lasers, other than laser diodes ($7.31B), Parts and accessories of optical appliances... ($5.32B), and Telescopes for arms/other equipment, periscopes ($1.18B)

Import Tariffs

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In 2018, the average tariff for importing LCDs was 5.41%.  The countries with the highest tariffs for importing LCDs were Bahamas (40.2%), Cambodia (35%), Ethiopia (29.7%), Bermuda (25%), and Sudan (21.9%).

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Product Complexity

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Diversification Frontier

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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.