Semiconductor Devices in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $354M in Semiconductor Devices, making it the 28th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 211th most exported product in Canada. The main destination of Semiconductor Devices exports from Canada are: United States ($236M), Germany ($16.3M), South Korea ($10.3M), Canada ($9.68M), and Hong Kong ($9.6M).

The fastest growing export markets for Semiconductor Devices of Canada between 2021 and 2022 were United States ($87.1M), South Korea ($5.55M), and Germany ($4.95M).

Imports In 2022, Canada imported $1.02B in Semiconductor Devices, becoming the 29th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 123rd most imported product in Canada. Canada imports Semiconductor Devices primarily from: Vietnam ($259M), United States ($230M), China ($148M), Malaysia ($136M), and Japan ($40.7M).

The fastest growing import markets in Semiconductor Devices for Canada between 2021 and 2022 were Vietnam ($99.3M), Malaysia ($56.6M), and United States ($42.9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Semiconductor Devices from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Semiconductor Devices exports accounted up to C$19.7M and imports accounted up to C$54M, resulting in a negative trade balance of C$34.3M. Between January 2023 and January 2024 the exports of Canada's Semiconductor Devices have decreased by C$-27.8M (-58.6%) from C$47.5M to C$19.7M, while imports decreased by C$-56.4M (-51.1%) from C$110M to C$54M.

Destinations In January 2024, Semiconductor Devices were exported mostly to United States (C$13.4M), Malaysia (C$1.01M), Philippines (C$718k), Indonesia (C$616k), and China (C$549k), and were imported mostly from China (C$11.4M), United States (C$7.29M), Japan (C$6.63M), Netherlands (C$3.92M), and Vietnam (C$3.46M).

Growth In January 2024, the decrease in Semiconductor Devices's year-by-year exports was explained primarily by a decrease in exports to Indonesia (C$-404k or -45.4%), Thailand (C$-158k or -42.2%), and Singapore (C$-118k or -52.3%). In January 2024, the decrease in Semiconductor Devices's year-by-year imports was explained primarily by a decrease in imports from Malaysia (C$-28.4M or -75.9%), Taiwan (C$-1.52M or -45%), and Switzerland (C$-751k or -73.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-27.8M(-58.6%)

IMPORT GROWTH (January 2023 - January 2024)C$-56.4M(-51.1%)

MAIN EXPORTER (January 2024)OntarioC$13.5M

MAIN DESTINATION (January 2024)United StatesC$13.4M

This section shows Semiconductor Devices's exports and imports data at subnational level for Canada. 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 Semiconductor Devices over time.

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