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%).