Overview: In 2018, LCDs were the world's 46th most traded product, with a total trade of $62.4B. Between 2017 and 2018 the exports of LCDs grew by 4.18%, from $59.9B to $62.4B. Trade in LCDs represent 0.34% of total world trade.
Exports: In 2018 the top exporters of LCDs were China ($21.1B), South Korea ($13.3B), Other Asia (Chinese Taipei) ($7.62B), Japan ($4.4B), and Germany ($3.07B).
Imports: In 2018 the top importers of LCDs were China ($21.6B), Hong Kong ($7.88B), Mexico ($3.94B), United States ($3.91B), and South Korea ($3.89B).
Tariffs: In 2018 the average tariff for LCDs was 4.79%, been the 381 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 165th in the Product Complexity Index (PCI).