LCDs in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2023, United Kingdom exported $624M in LCDs, making it the 7th largest exporter of LCDs in the world. At the same year, LCDs was the 112th most exported product in United Kingdom. The main destination of LCDs exports from United Kingdom are: United States ($216M), Germany ($106M), China ($59.7M), South Korea ($33.8M), and Japan ($19.5M).

The fastest growing export markets for LCDs of United Kingdom between 2022 and 2023 were Germany ($18.9M), United States ($15.9M), and Canada ($7.73M).

Imports In 2023, United Kingdom imported $405M in LCDs, becoming the 8th largest importer of LCDs in the world. At the same year, LCDs was the 288th most imported product in United Kingdom. United Kingdom imports LCDs primarily from: United States ($95.3M), Germany ($67.8M), China ($46.9M), Israel ($33.6M), and France ($21M).

The fastest growing import markets in LCDs for United Kingdom between 2022 and 2023 were Israel ($29.3M), France ($10.5M), and Sweden ($6M).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping LCDs from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's LCDs exports accounted up to £45M and imports accounted up to £36M, resulting in a positive trade balance of £9.01M. Between November 2023 and November 2024 the exports of United Kingdom's LCDs have increased by £5.34M (13.5%) from £39.7M to £45M, while imports increased by £10.2M (39.3%) from £25.9M to £36M.

Destinations In November 2024, LCDs were exported mostly to United States (£9.78M), Germany (£8.43M), Rest of the world (£3.9M), China (£3.42M), and France (£2.58M), and were imported mostly from Germany (£10.8M), United States (£5.14M), Rest of the world (£4.81M), France (£2.34M), and China (£1.63M).

Growth In November 2024, the increase in LCDs's year-by-year exports was explained primarily by an increase in exports to Israel (£2.16M or 546%), Ukraine (£1.8M or 14.4k%), and Rest of the world (£801k or 45%). In November 2024, the increase in LCDs's year-by-year imports was explained primarily by an increase in imports from Lithuania (£3.45M or 1.26k%), Germany (£3.12M or 76.5%), and Rest of the world (£2.88M or 158%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)£5.34M(13.5%)

IMPORT GROWTH (November 2023 - November 2024)£10.2M(39.3%)

MAIN EXPORTER (November 2024)Glasgow Airport£13.6M

MAIN DESTINATION (November 2024)United States£9.78M

This section shows LCDs's exports and imports data at subnational level for United Kingdom. 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 (2023)$624M

IMPORTS (2023)$405M

NET TRADE (2023)$219M

In 2023, United Kingdom exported $624M in LCDs. The main destinations of United Kingdom exports on LCDs were United States ($216M), Germany ($106M), China ($59.7M), South Korea ($33.8M), and Japan ($19.5M).

In 2023, United Kingdom imported $405M in LCDs, mainly from United States ($95.3M), Germany ($67.8M), China ($46.9M), Israel ($33.6M), and France ($21M).

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