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2023
Exports $745MWorld Rnk 21 / 208
Flag Rnk 94 / 1216
2023
Destination $9.67M Philippines
2022 - 2023
FASTEST GROWING MARKET $9.67MIreland
2023
PRODUCT COMPLEXITY IN Semiconductor Devices1.08Rnk 150 / 1025
2023
Imports $1.83BWorld Rnk 20 / 223
Flag Rnk 72 / 1214
2023
Origin $149M China
2022 - 2023
FASTEST GROWING ORIGIN $149MChina
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $745M in Semiconductor Devices, making it the 21st largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 94th most exported product in United Kingdom. The main destination of Semiconductor Devices exports from United Kingdom are: Philippines ($172M), United States ($171M), China ($67.3M), Germany ($45.2M), and Hong Kong ($37.9M).

The fastest growing export markets for Semiconductor Devices of United Kingdom between 2022 and 2023 were Ireland ($9.67M), Mexico ($8.94M), and Japan ($7.96M).

Imports In 2023, United Kingdom imported $1.83B in Semiconductor Devices, becoming the 20th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 72nd most imported product in United Kingdom. United Kingdom imports Semiconductor Devices primarily from: China ($1.11B), Netherlands ($206M), Germany ($102M), United States ($85.8M), and Malaysia ($62.4M).

The fastest growing import markets in Semiconductor Devices for United Kingdom between 2022 and 2023 were China ($149M), Netherlands ($143M), and Germany ($19M).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Semiconductor Devices from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Semiconductor Devices exports accounted up to £44M and imports accounted up to £93.3M, resulting in a negative trade balance of £49.3M. Between November 2023 and November 2024 the exports of United Kingdom's   Semiconductor Devices have decreased by £-16M (-26.7%) from £60M to £44M, while imports increased by £18.3M (24.5%) from £75M to £93.3M.

Destinations In November 2024, Semiconductor Devices were exported mostly to United States (£8.1M), Philippines (£5.48M), China (£4.97M), Italy (£4.76M), and Hong Kong (£3.4M), and were imported mostly from China (£34.1M), Sweden (£14.3M), Germany (£13.9M), Netherlands (£5.94M), and United States (£5.42M).

Growth In November 2024, the decrease in Semiconductor Devices's year-by-year exports was explained primarily by a decrease in exports to Germany (£-2.09M or -28.3%), Poland (£-503k or -70%), and Italy (£-453k or -54.7%). In November 2024, the increase in Semiconductor Devices's year-by-year imports was explained primarily by an increase in imports from China (£25.4M or 112%), Germany (£12.5M or 82.2%), and Netherlands (£9.32M or 83.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-16M(-26.7%)
IMPORT GROWTH (November 2023 - November 2024)£18.3M(24.5%)
MAIN EXPORTER (November 2024)East Midlands Airport£25.4M
MAIN DESTINATION (November 2024)United States£8.1M

This section shows Semiconductor Devices's exports and imports data at subnational level for United Kingdom. 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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Historical Data

Trade Balance

Color
EXPORTS (2023)$745M
IMPORTS (2023)$1.83B
NET TRADE (2023)-$1.09B

In 2023, United Kingdom exported $745M in Semiconductor Devices. The main destinations of United Kingdom exports on Semiconductor Devices were Philippines ($172M), United States ($171M), China ($67.3M), Germany ($45.2M), and Hong Kong ($37.9M).

In 2023, United Kingdom imported $1.83B in Semiconductor Devices, mainly from China ($1.11B), Netherlands ($206M), Germany ($102M), United States ($85.8M), and Malaysia ($62.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$9.67M (119%)
Mexico$8.94M (304%)
Japan$7.96M (36.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY United Kingdom WERE (2022 - 2023):
United States-$33.6M (-16.4%)
Philippines-$13.5M (-7.29%)
Romania-$3.57M (-82.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Semiconductor Devices were:
China $62.3B
Malaysia $12.7B
Japan $9.09B
In 2023, United Kingdom's main importing competitors in Semiconductor Devices were:
United States $25.4B
Hong Kong $16.3B
China $12.9B

Explore Visualizations

Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $69.8M
TOP IMPORT POTENTIALChina+ $196M

Semiconductor Devices’s highest export potential is United States. With an export gap of $69.8M.   Semiconductor Devices’s highest import potential is China with an import gap of $196M.

See methodology.

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