LCDs in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $32.6M in LCDs, making it the 37th largest exporter of LCDs in the world. At the same year, LCDs was the 735th most exported product in Spain. The main destination of LCDs exports from Spain are: Singapore ($7.17M), Switzerland ($2.57M), United Kingdom ($2.37M), Saudi Arabia ($2.14M), and Germany ($2.14M).

The fastest growing export markets for LCDs of Spain between 2021 and 2022 were Singapore ($7.17M), Indonesia ($1.58M), and Saudi Arabia ($1.31M).

Imports In 2022, Spain imported $120M in LCDs, becoming the 24th largest importer of LCDs in the world. At the same year, LCDs was the 477th most imported product in Spain. Spain imports LCDs primarily from: Germany ($36M), China ($20.5M), United States ($13.9M), Israel ($13.3M), and United Kingdom ($10.5M).

The fastest growing import markets in LCDs for Spain between 2021 and 2022 were Israel ($5.13M), Canada ($843k), and Switzerland ($730k).

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

Latest Trends

January 2024

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Overview In January 2024 Spain's LCDs exports accounted up to €2.61M and imports accounted up to €10.8M, resulting in a negative trade balance of €8.23M. Between January 2023 and January 2024 the exports of Spain's LCDs have increased by €119k (4.78%) from €2.5M to €2.61M, while imports increased by €3.72M (52.2%) from €7.13M to €10.8M.

Destinations In January 2024, LCDs were exported mostly to China (€1.08M), United Kingdom (€313k), Netherlands (€198k), Germany (€189k), and Portugal (€187k), and were imported mostly from Germany (€6.15M), United States (€1.19M), China (€979k), United Kingdom (€377k), and Belgium (€377k).

Growth In January 2024, the increase in LCDs's year-by-year exports was explained primarily by an increase in exports to Sweden (€731k or 9.83k%), United Kingdom (€178k or 90.5%), and Portugal (€141k or 413%). In January 2024, the increase in LCDs's year-by-year imports was explained primarily by an increase in imports from Portugal (€486k or 1.64k%), Israel (€349k or 59.3%), and Lithuania (€328k or 1.24k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€119k(4.78%)

IMPORT GROWTH (January 2023 - January 2024)€3.72M(52.2%)

MAIN EXPORTER (January 2024)Madrid€1.3M

MAIN DESTINATION (January 2024)China€1.08M

This section shows LCDs's exports and imports data at subnational level for Spain. 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)$32.6M

IMPORTS (2022)$120M

NET TRADE (2022)-$87.2M

In 2022, Spain exported $32.6M in LCDs. The main destinations of Spain exports on LCDs were Singapore ($7.17M), Switzerland ($2.57M), United Kingdom ($2.37M), Saudi Arabia ($2.14M), and Germany ($2.14M).

In 2022, Spain imported $120M in LCDs, mainly from Germany ($36M), China ($20.5M), United States ($13.9M), Israel ($13.3M), and United Kingdom ($10.5M).

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