Overview In March 2023 China's Semiconductor Devices exports accounted up to $7.06B and imports accounted up to $2.51B, resulting in a positive trade balance of $4.55B. Between March 2022 and March 2023 the exports of China's Semiconductor Devices have increased by $1.35B (23.7%) from $5.71B to $7.06B, while imports decreased by $-186M (-6.91%) from $2.7B to $2.51B.
Destinations In March 2023, Semiconductor Devices were exported mostly to Netherlands ($1.29B), Hong Kong ($843M), Brazil ($458M), Spain ($326M), and Germany ($267M), and were imported mostly from China ($803M), Malaysia ($362M), Japan ($327M), Taiwan ($317M), and South Korea ($111M).
Growth In March 2023, the increase in Semiconductor Devices's year-by-year exports was explained primarily by an increase in exports to India ($515M or 254%), Netherlands ($323M or 123%), and Brazil ($309M or 129%). In March 2023, the decrease in Semiconductor Devices's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-13.9M or -9.48%), Hong Kong ($-4.08M or -96.7%), and Indonesia ($-4.02M or -37.3%).