Integrated Circuits in United States

EXPORTS (2018): $37.1B, World Rnk 6 / 206
Flag Rnk 5 / 1222

TOP DESTINATION (2018): $6.45B, China

FASTEST GROWING IN MARKET (2017 - 2018): $4.16B, Mexico

IMPORTS (2018): $26.1B, World Rnk 7 / 215
Flag Rnk 12 / 1217

TOP ORIGIN (2018): $7.87B, Malaysia

FASTEST GROWING ORIGIN (2017 - 2018): $165M, Netherlands

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Integrated Circuits (2018): 1.4, Rnk 66 / 1018

Exports: In 2018, United States exported $37.1B in Integrated Circuits, making it the 6th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 5th most exported product in United States. The main destination of Integrated Circuits exports from United States are: China ($6.45B), Mexico ($5.06B), Hong Kong ($3.74B), Malaysia ($3.52B), and Chinese Taipei ($3.44B).

The fastest growing export markets for Integrated Circuits of United States between 2017 and 2018 were Mexico ($4.16B), Chinese Taipei ($3.44B), and Vietnam ($1.05B).

Imports: In 2018, United States imported $26.1B in Integrated Circuits, becoming the 7th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 12th most imported product in United States. United States imports Integrated Circuits primarily from: Malaysia ($7.87B), Chinese Taipei ($2.68B), China ($2.39B), Philippines ($2.17B), and South Korea ($1.65B).

The fastest growing import markets in Integrated Circuits for United States between 2017 and 2018 were Netherlands ($165M), Canada ($141M), and Germany ($113M).

Value

EXPORTS (2018): $37.1B

IMPORTS (2018): $26.1B

NET TRADE (2018): $11B

In 2018, United States exported $37.1B in Integrated Circuits. The main destinations of United States exports on Integrated Circuits were China ($6.45B), Mexico ($5.06B), Hong Kong ($3.74B), Malaysia ($3.52B), and Chinese Taipei ($3.44B).

In 2018, United States imported $26.1B in Integrated Circuits, mainly from Malaysia ($7.87B), Chinese Taipei ($2.68B), China ($2.39B), Philippines ($2.17B), and South Korea ($1.65B).

IN 2018, United States HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:

  • Mexico, $4.55B ($5.06B - $507M)
  • China, $4.06B ($6.45B - $2.39B)
  • Hong Kong, $3.69B ($3.74B - $53.6M)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:

  • Malaysia, -$4.35B ($3.52B - $7.87B)
  • Ireland, -$1.14B ($84.1M - $1.22B)
  • Canada, -$858M ($0 - $858M)
Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY United States WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, United States's main exporting competitors in Integrated Circuits were:

In 2018, United States's main importing competitors in Integrated Circuits were:

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Integrated Circuits in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Integrated Circuits in the imports of United States were of 0% around the world.

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