2022
Exports
$6.01BWorld Rnk 8 / 213
Flag Rnk 54 / 1217
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$16.6BWorld Rnk 3 / 221
Flag Rnk 29 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $6.01B in Semiconductor Devices, making it the 8th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 54th most exported product in United States. The main destination of Semiconductor Devices exports from United States are: Mexico ($1.02B), China ($749M), Malaysia ($683M), Hong Kong ($502M), and Germany ($499M).

The fastest growing export markets for Semiconductor Devices of United States between 2021 and 2022 were Germany ($87.7M), Malaysia ($74.6M), and Canada ($42.9M).

Imports In 2022, United States imported $16.6B in Semiconductor Devices, becoming the 3rd largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 29th most imported product in United States. United States imports Semiconductor Devices primarily from: Vietnam ($4.57B), Malaysia ($2.13B), Thailand ($1.66B), South Korea ($1.54B), and China ($962M).

The fastest growing import markets in Semiconductor Devices for United States between 2021 and 2022 were Vietnam ($1.56B), South Korea ($652M), and Cambodia ($584M).

COMPANIES In 2023, leading companies such as Cooper Lighting Solutions (1.49k), Acuity Brands (538), and Costco Wholesale (343) were at the forefront of shipping Semiconductor Devices to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$139M(21.6%)
IMPORT GROWTH (July 2023 - July 2024)$-256M(-11.1%)
MAIN EXPORTER (July 2024)Oregon$187M
MAIN DESTINATION (July 2024)China$279M

This section shows Semiconductor Devices'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 Semiconductor Devices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.01B
IMPORTS (2022)$16.6B
NET TRADE (2022)-$10.6B

In 2022, United States exported $6.01B in Semiconductor Devices. The main destinations of United States exports on Semiconductor Devices were Mexico ($1.02B), China ($749M), Malaysia ($683M), Hong Kong ($502M), and Germany ($499M).

In 2022, United States imported $16.6B in Semiconductor Devices, mainly from Vietnam ($4.57B), Malaysia ($2.13B), Thailand ($1.66B), South Korea ($1.54B), and China ($962M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR United States WERE (2021 - 2022):
Germany$87.7M (21.3%)
Malaysia$74.6M (12.3%)
Canada$42.9M (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY United States WERE (2021 - 2022):
China-$109M (-12.7%)
Ireland-$104M (-79.1%)
Israel-$64.6M (-43.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $217M
TOP IMPORT POTENTIALChina+ $1B

Semiconductor Devices’s highest export potential is China. With an export gap of $217M.   Semiconductor Devices’s highest import potential is China with an import gap of $1B.

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