2022
Exports | Imports
$516M | $4.55BWorld Rnk 23 / 213
Flag Rnk 162 / 1212
World Rnk 9 / 221
Flag Rnk 19 / 1206
2022
ECONOMIC COMPLEXITY of India
0.57Rnk 42 / 124
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
0.83Rnk 235 / 1025

About

Exports In 2022, India exported $516M in Semiconductor Devices, making it the 23rd largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 162nd most exported product in India. The main destination of Semiconductor Devices exports from India are: United States ($431M), Hong Kong ($11.6M), South Africa ($5.88M), United Arab Emirates ($5.01M), and Turkey ($4.45M).

The fastest growing export markets for Semiconductor Devices of India between 2021 and 2022 were United States ($305M), Mauritius ($3.58M), and Malaysia ($3M).

Imports In 2022, India imported $4.55B in Semiconductor Devices, becoming the 9th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 19th most imported product in India. India imports Semiconductor Devices primarily from: China ($3.1B), Singapore ($332M), Hong Kong ($214M), Vietnam ($198M), and Thailand ($182M).

The fastest growing import markets in Semiconductor Devices for India between 2021 and 2022 were Vietnam ($188M), Thailand ($156M), and Japan ($55.6M).

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

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Semiconductor Devices. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$516M
IMPORTS (2022)$4.55B
NET TRADE (2022)-$4.03B

In 2022, India exported $516M in Semiconductor Devices. The main destinations of India exports on Semiconductor Devices were United States ($431M), Hong Kong ($11.6M), South Africa ($5.88M), United Arab Emirates ($5.01M), and Turkey ($4.45M).

In 2022, India imported $4.55B in Semiconductor Devices, mainly from China ($3.1B), Singapore ($332M), Hong Kong ($214M), Vietnam ($198M), and Thailand ($182M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$305M (243%)
Mauritius$3.58M (22k%)
Malaysia$3M (225%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY India WERE (2021 - 2022):
Hong Kong-$8.41M (-42.1%)
Somalia-$6.87M (-98.9%)
China-$3.06M (-44.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, India's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

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