Overview In November 2022 United States' Integrated Circuits exports accounted up to $4.3B and imports accounted up to $3.38B, resulting in a positive trade balance of $920M. Between November 2021 and November 2022 the exports of United States' Integrated Circuits have decreased by $-10.2M (-0.24%) from $4.31B to $4.3B, while imports decreased by $-73.3M (-2.12%) from $3.46B to $3.38B.
Destinations In November 2022, Integrated Circuits were exported mostly to Mexico ($1.11B), China ($784M), Taiwan ($401M), Malaysia ($273M), and Hong Kong ($197M), and were imported mostly from Malaysia ($978M), Taiwan ($726M), South Korea ($240M), China ($194M), and Thailand ($176M).
Growth In November 2022, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-60.3M or -6.06%), Egypt ($-22M or -99.7%), and Singapore ($-21.2M or -18.2%). In November 2022, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Ireland ($-43.6M or -45.9%), Japan ($-41.6M or -36.2%), and China ($-27.4M or -19.6%).