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2023
Exports $2.08BWorld Rnk 3 / 181
Flag Rnk 266 / 1215
2023
Destination $36.8M United States
2022 - 2023
FASTEST GROWING MARKET $36.8MThailand
2023
PRODUCT COMPLEXITY IN LCDs0.88Rnk 215 / 1025
2023
Imports $2.48BWorld Rnk 2 / 215
Flag Rnk 125 / 1214
2023
Origin $34.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $34.9MFrance
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.08B in LCDs, making it the 3rd largest exporter of LCDs in the world. At the same year, LCDs was the 266th most exported product in China. The main destination of LCDs exports from China are: United States ($565M), Chinese Taipei ($212M), Mexico ($184M), Thailand ($114M), and Germany ($103M).

The fastest growing export markets for LCDs of China between 2022 and 2023 were Thailand ($36.8M), Turkey ($9.85M), and Indonesia ($9.54M).

Imports In 2023, China imported $2.48B in LCDs, becoming the 2nd largest importer of LCDs in the world. At the same year, LCDs was the 125th most imported product in China. China imports LCDs primarily from: Germany ($603M), Chinese Taipei ($573M), South Korea ($440M), United States ($322M), and Thailand ($156M).

The fastest growing import markets in LCDs for China between 2022 and 2023 were France ($34.9M), Poland ($11.1M), and United States ($11M).

COMPANIES In 2024, leading companies such as Robert Bosch (57), Panasonic (32), and CrimsonLogic (11) were at the forefront of shipping LCDs from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's LCDs exports accounted up to $167M and imports accounted up to $240M, resulting in a negative trade balance of $73M. Between December 2023 and December 2024 the exports of China's   LCDs have increased by $41.7M (33.2%) from $126M to $167M, while imports increased by $31.3M (14.9%) from $209M to $240M.

Destinations In December 2024, LCDs were exported mostly to United States ($58.5M), Hong Kong ($14.6M), Thailand ($13.3M), Germany ($8.31M), and Malaysia ($7.17M), and were imported mostly from Germany ($64.3M), United States ($36M), Japan ($32.7M), Thailand ($23M), and South Korea ($13.2M).

Growth In December 2024, the increase in LCDs's year-by-year exports was explained primarily by an increase in exports to United States ($14.9M or 37.4%), Thailand ($3.99M or 31.7%), and Peru ($1.44M or 633%). In December 2024, the increase in LCDs's year-by-year imports was explained primarily by an increase in imports from Switzerland ($12.1M or 474%), Germany ($7.04M or 18.4%), and United States ($5.86M or 27.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$41.7M(33.2%)
IMPORT GROWTH (December 2023 - December 2024)$31.3M(14.9%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$58.5M

This section shows LCDs's exports and imports data at subnational level for China. 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 (2023)$2.08B
IMPORTS (2023)$2.48B
NET TRADE (2023)-$403M

In 2023, China exported $2.08B in LCDs. The main destinations of China exports on LCDs were United States ($565M), Chinese Taipei ($212M), Mexico ($184M), Thailand ($114M), and Germany ($103M).

In 2023, China imported $2.48B in LCDs, mainly from Germany ($603M), Chinese Taipei ($573M), South Korea ($440M), United States ($322M), and Thailand ($156M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR China WERE (2022 - 2023):
Thailand$36.8M (47.4%)
Turkey$9.85M (54.2%)
Indonesia$9.54M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY China WERE (2022 - 2023):
Mexico-$2.79B (-93.8%)
Chinese Taipei-$269M (-55.9%)
United States-$202M (-26.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in LCDs were:
United States $3.09B
Germany $3.01B
In 2023, China's main importing competitors in LCDs were:
United States $2.88B
Germany $1.26B

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $41.7M
TOP IMPORT POTENTIALUnited States+ $65.7M

LCDs’s highest export potential is Japan. With an export gap of $41.7M.   LCDs’s highest import potential is United States with an import gap of $65.7M.

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