2022
Exports
$49.8BWorld Rnk 6 / 226
Flag Rnk 5 / 1217
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$34.9BWorld Rnk 8 / 225
Flag Rnk 10 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $49.8B 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: Mexico ($9.94B), China ($9.61B), Chinese Taipei ($5.34B), Malaysia ($4.67B), and Hong Kong ($3.35B).

The fastest growing export markets for Integrated Circuits of United States between 2021 and 2022 were Mexico ($1.1B), Chinese Taipei ($640M), and Malaysia ($570M).

Imports In 2022, United States imported $34.9B in Integrated Circuits, becoming the 8th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 10th most imported product in United States. United States imports Integrated Circuits primarily from: Malaysia ($9.39B), Chinese Taipei ($5.49B), Mexico ($2.94B), China ($2.63B), and Ireland ($2.18B).

The fastest growing import markets in Integrated Circuits for United States between 2021 and 2022 were Chinese Taipei ($1.88B), China ($559M), and Philippines ($540M).

COMPANIES In 2023, leading companies such as CrimsonLogic (328), TE Connectivity (239), and ABB Motors and Mechanical (153) were at the forefront of shipping Integrated Circuits to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-441M(-11.3%)
IMPORT GROWTH (March 2023 - March 2024)$-91.7M(-2.73%)
MAIN EXPORTER (March 2024)Texas$1.41B
MAIN DESTINATION (March 2024)Mexico$837M

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

Trade Balance

Color
EXPORTS (2022)$49.8B
IMPORTS (2022)$34.9B
NET TRADE (2022)$15B

In 2022, United States exported $49.8B in Integrated Circuits. The main destinations of United States exports on Integrated Circuits were Mexico ($9.94B), China ($9.61B), Chinese Taipei ($5.34B), Malaysia ($4.67B), and Hong Kong ($3.35B).

In 2022, United States imported $34.9B in Integrated Circuits, mainly from Malaysia ($9.39B), Chinese Taipei ($5.49B), Mexico ($2.94B), China ($2.63B), and Ireland ($2.18B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.1B (12.4%)
Chinese Taipei$640M (13.6%)
Malaysia$570M (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY United States WERE (2021 - 2022):
China-$2.89B (-23.1%)
Hong Kong-$1.02B (-23.4%)
South Korea-$575M (-20.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Integrated Circuits were:
In 2022, United States's main importing competitors in Integrated Circuits were:

Explore Visualizations

Trade Value of Integrated Circuits by Exporters

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