Overview In October 2022 United States' Integrated Circuits exports accounted up to $4.42B and imports accounted up to $3.84B, resulting in a positive trade balance of $575M. Between October 2021 and October 2022 the exports of United States' Integrated Circuits have decreased by $-69.2M (-1.54%) from $4.49B to $4.42B, while imports increased by $765M (24.9%) from $3.08B to $3.84B.
Destinations In October 2022, Integrated Circuits were exported mostly to Mexico ($1.23B), China ($784M), Taiwan ($471M), Malaysia ($296M), and Hong Kong ($229M), and were imported mostly from Malaysia ($1.18B), Taiwan ($680M), Ireland ($321M), South Korea ($273M), and Vietnam ($207M).
Growth In October 2022, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-60.3M or -6.06%), Egypt ($-22M or -99.7%), and Singapore ($-21.2M or -18.2%). In October 2022, the increase in Integrated Circuits's year-by-year imports was explained primarily by an increase in imports from Mexico ($16.1M or 13.9%), Vietnam ($14.2M or 8.35%), and South Korea ($11.5M or 6.22%).