HS Code:
The 'Suitable for use in liquid crystal displays' category, often classified under HS Code 9013.80 (which includes liquid crystal devices not constituting articles provided for more specifically in other headings), pertains to components and materials specifically designed for use in liquid crystal displays (LCDs). These products are critical in the manufacturing of electronic devices such as televisions, computer monitors, smartphones, and other display technologies. This category includes polarizers, glass substrates, and other specialized components integral to LCD technology.
Total Trade Volume
USD 15.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
4.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Shift towards OLED technology
Decreasing demand for traditional LCD components as OLED displays gain market share due to better color accuracy and energy efficiency.
2021-2023
Increased production in Asia
Strengthening supply chains in China and Taiwan, leading to lower production costs and higher export volumes.
2020-2022
Sustainability focus
Growing emphasis on recyclable materials and energy-efficient production processes for LCD components.
2022-2023
Additional tariffs imposed by the US on Chinese LCD components as part of ongoing trade disputes.
Mid-2022
Increased costs for US importers and potential supply chain diversification to other Asian countries.
Major South Korean manufacturers announced investments in recycling technologies for LCD materials to comply with global sustainability standards.
Early 2023
Potential cost increases in the short term but long-term benefits in meeting environmental regulations.
The European Union introduced stricter regulations on the import of electronic components, including mandatory certifications for LCD materials.
Late 2022
Slight delays in supply chains but improved quality assurance for EU markets.