HS Icon Integrated Circuits in  Flag United States

2019
Exports | Imports
: $41.4B | $25.1B, World Rnk 6 / 218
Flag Rnk 4 / 1217 | World Rnk 9 / 225
Flag Rnk 13 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.01B | $432M, China |  Canada

2019
ECONOMIC COMPLEXITY of United States
: 1.59, Rnk 9 / 147

2019
PRODUCT COMPLEXITY  IN Integrated Circuits
: 1.15, Rnk 127 / 1029

Exports In 2019, United States exported $41.4B 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 ($8.47B), Mexico ($7.68B), Hong Kong ($3.47B), Chinese Taipei ($3.23B), and South Korea ($3.13B).

The fastest growing export markets for Integrated Circuits of United States between 2018 and 2019 were China ($2.01B), Mexico ($1.52B), and Vietnam ($226M).

Imports In 2019, United States imported $25.1B 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 ($8.13B), Chinese Taipei ($2.48B), Mexico ($2.16B), South Korea ($1.5B), and China ($1.41B).

The fastest growing import markets in Integrated Circuits for United States between 2018 and 2019 were Canada ($432M), Vietnam ($290M), and Malaysia ($183M).

July 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (July 2020 - July 2021): $438M, (10.2%)

IMPORT GROWTH (July 2020 - July 2021): $1.13B, (52.2%)

MAIN EXPORTER (July 2021): Texas, $1.4B

MAIN DESTINATION (July 2021): Mexico, $1.1B

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 (2019): $41.4B

IMPORTS (2019): $25.1B

NET TRADE (2019): $16.3B

In 2019, United States exported $41.4B in Integrated Circuits. The main destinations of United States exports on Integrated Circuits were China ($8.47B), Mexico ($7.68B), Hong Kong ($3.47B), Chinese Taipei ($3.23B), and South Korea ($3.13B).

In 2019, United States imported $25.1B in Integrated Circuits, mainly from Malaysia ($8.13B), Chinese Taipei ($2.48B), Mexico ($2.16B), South Korea ($1.5B), and China ($1.41B).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:

Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY United States WERE (2018 - 2019):

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Market Concentration

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Type

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.