2023
Exports
$567MWorld Rnk 8 / 181
Flag Rnk 140 / 1188
2023
PRODUCT COMPLEXITY IN LCDs
0.88Rnk 215 / 1025
2023
Imports
$825MWorld Rnk 6 / 215
Flag Rnk 104 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $567M in LCDs, making it the 8th largest exporter of LCDs in the world. At the same year, LCDs was the 140th most exported product in South Korea. The main destination of LCDs exports from South Korea are: China ($440M), United States ($30.3M), Indonesia ($17.6M), Saudi Arabia ($15.2M), and Belgium ($11.5M).

The fastest growing export markets for LCDs of South Korea between 2022 and 2023 were Indonesia ($15.9M), Belgium ($7.6M), and Saudi Arabia ($7.12M).

Imports In 2023, South Korea imported $825M in LCDs, becoming the 6th largest importer of LCDs in the world. At the same year, LCDs was the 104th most imported product in South Korea. South Korea imports LCDs primarily from: United States ($334M), Germany ($172M), Japan ($73.1M), Netherlands ($53.9M), and China ($50.2M).

The fastest growing import markets in LCDs for South Korea between 2022 and 2023 were Netherlands ($47.7M), Chinese Taipei ($21.8M), and Singapore ($11.2M).

COMPANIES In 2024, leading companies such as LG Electronics (6), Samsung (5), and General Motors (1) were at the forefront of shipping LCDs from South Korea to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-22.2M(-40%)
IMPORT GROWTH (January 2024 - January 2025)$-9.01M(-10.9%)
MAIN DESTINATION (January 2025)United States$8.47M

This section shows LCDs's exports and imports data at subnational level for South Korea. 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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$567M
IMPORTS (2023)$825M
NET TRADE (2023)-$258M

In 2023, South Korea exported $567M in LCDs. The main destinations of South Korea exports on LCDs were China ($440M), United States ($30.3M), Indonesia ($17.6M), Saudi Arabia ($15.2M), and Belgium ($11.5M).

In 2023, South Korea imported $825M in LCDs, mainly from United States ($334M), Germany ($172M), Japan ($73.1M), Netherlands ($53.9M), and China ($50.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Indonesia$15.9M (963%)
Belgium$7.6M (193%)
Saudi Arabia$7.12M (88.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY South Korea WERE (2022 - 2023):
China-$755M (-63.2%)
Mexico-$284M (-99.3%)
India-$42.2M (-98.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in LCDs were:
In 2023, South Korea's main importing competitors in LCDs were:

Explore Visualizations

Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.8M
TOP IMPORT POTENTIALChina+ $38.9M

LCDs’s highest export potential is United States. With an export gap of $34.8M.   LCDs’s highest import potential is China with an import gap of $38.9M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with