HS Icon Integrated Circuits in  Flag United States

2020
Exports | Imports
: $44.2B | $24.2B, World Rnk 6 / 222
Flag Rnk 4 / 1217 | World Rnk 9 / 223
Flag Rnk 13 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.92B | $465M, China |  Mexico


ECONOMIC COMPLEXITY of United States
: 1.56, Rnk 9 / 127


PRODUCT COMPLEXITY  IN Integrated Circuits
: 1.46, Rnk 62 / 1028

Exports In 2020, United States exported $44.2B in Integrated Circuits, making it the 6th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 4th most exported product in United States. The main destination of Integrated Circuits exports from United States are: China ($10.4B), Mexico ($9.05B), Hong Kong ($3.7B), Chinese Taipei ($3.69B), and Malaysia ($3.17B).

The fastest growing export markets for Integrated Circuits of United States between 2019 and 2020 were China ($1.92B), Mexico ($1.39B), and Chinese Taipei ($450M).

Imports In 2020, United States imported $24.2B in Integrated Circuits, becoming the 9th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 13th most imported product in United States. United States imports Integrated Circuits primarily from: Malaysia ($8.04B), Mexico ($2.65B), Chinese Taipei ($2.56B), China ($1.47B), and South Korea ($1.41B).

The fastest growing import markets in Integrated Circuits for United States between 2019 and 2020 were Mexico ($465M), Vietnam ($303M), and Israel ($89.6M).

January 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (January 2021 - January 2022): $290M, (7.11%)

IMPORT GROWTH (January 2021 - January 2022): $409M, (15.9%)

MAIN EXPORTER (January 2022): Texas, $1.41B

MAIN DESTINATION (January 2022): Mexico, $1.06B

This section shows Integrated Circuits's exports and imports data at subnational level for United States. 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 Integrated Circuits over time.

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Historical Data

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EXPORTS (2020): $44.2B

IMPORTS (2020): $24.2B

NET TRADE (2020): $20B

In 2020, United States exported $44.2B in Integrated Circuits. The main destinations of United States exports on Integrated Circuits were China ($10.4B), Mexico ($9.05B), Hong Kong ($3.7B), Chinese Taipei ($3.69B), and Malaysia ($3.17B).

In 2020, United States imported $24.2B in Integrated Circuits, mainly from Malaysia ($8.04B), Mexico ($2.65B), Chinese Taipei ($2.56B), China ($1.47B), and South Korea ($1.41B).

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IN 2020, United States HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:

IN 2020, United States HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:

Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY United States WERE (2019 - 2020):

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Market Concentration

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In 2019, United States's main exporting competitors in Integrated Circuits were:

In 2019, United States's main importing competitors in Integrated Circuits were:

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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.