Overview In July 2021 United States' Integrated Circuits exports accounted up to $4.74B and imports accounted up to $3.3B, resulting in a positive trade balance of $1.44B. Between July 2020 and July 2021 the exports of United States' Integrated Circuits have increased by $438M (10.2%) from $4.3B to $4.74B, while imports increased by $1.13B (52.2%) from $2.17B to $3.3B.
Destinations In July 2021, Integrated Circuits were exported mostly to Mexico ($1.1B), China ($1.09B), Taiwan ($381M), Malaysia ($370M), and Hong Kong ($315M), and were imported mostly from Malaysia ($1.53B), Taiwan ($448M), South Korea ($196M), China ($178M), and Vietnam ($162M).
Growth In July 2021, the increase in Integrated Circuits's year-by-year exports was explained primarily by an increase in exports to China ($151M or 16.1%), Malaysia ($146M or 64.9%), and Israel ($142M or 967%). In July 2021, the increase in Integrated Circuits's year-by-year imports was explained primarily by an increase in imports from Malaysia ($583M or 61.8%), Taiwan ($137M or 43.8%), and Ireland ($87.8M or 195%).