EXPORTS (2018): $37.1B, World Rnk 6 / 206
Rnk 5 / 1222
TOP DESTINATION (2018): $6.45B, China
FASTEST GROWING MARKET (2017 - 2018): $4.16B, Mexico
IMPORTS (2018): $26.1B, World Rnk 7 / 215 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).
Overview: In October 2020 United States' Integrated Circuits exports accounted up to $3.81B and imports accounted up to $2.93B, resulting in a positive trade balance of $878M. Between October 2019 and October 2020 the exports of United States' Integrated Circuits have increased by $144M (3.93%) from $3.67B to $3.81B, while imports decreased by $-328M (-10.1%) from $3.26B to $2.93B.
Destinations: In October 2020 Integrated Circuits exported mostly to Mexico ($983M), China ($881M), Hong Kong ($411M), Taiwan ($257M), and Malaysia ($250M), and imported mostly from Malaysia ($1.38B), Taiwan ($379M), Vietnam ($220M), South Korea ($177M), and Mexico ($173M).
Growth: In October 2020, the increase in Integrated Circuits's year-by-year exports was explained primarily by an increase in exports to China ($181M or 25.8%), Hong Kong ($89.8M or 28%), and Mexico ($78.1M or 8.62%). In October 2020, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-346M or -20%), Ireland ($-83.1M or -74.8%), and Canada ($-26.9M or -48.1%).
EXPORT GROWTH (October 2019 - October 2020): $144M, (3.93%)
IMPORT GROWTH (October 2019 - October 2020): $-328M, (-10.1%)
MAIN EXPORTER (October 2020): Texas, $1.23B
MAIN DESTINATION (October 2020): Mexico, $983M
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.
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:
IN 2018, United States HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:
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):
In 2018, United States's main exporting competitors in Integrated Circuits were:
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.
In 2017, the tariffs for Integrated Circuits in the imports of United States were of 0% around the world.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant