Semiconductor Devices in United States

EXPORTS (2018): $5.07B, World Rnk 7 / 183
Flag Rnk 51 / 1222

TOP DESTINATION (2018): $1.32B, Mexico

FASTEST GROWING MARKET (2017 - 2018): $370M, Mexico

IMPORTS (2018): $4.56B, World Rnk 5 / 208
Flag Rnk 97 / 1217

TOP ORIGIN (2018): $1.06B, China

FASTEST GROWING ORIGIN (2017 - 2018): $134M, Chinese Taipei

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Semiconductor Devices (2018): 0.92, Rnk 201 / 1018

Overview: This page contains the latest trade data of Semiconductor Devices in United States.

Exports: In 2018, United States exported $5.07B in Semiconductor Devices, making it the 7th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 51st most exported product in United States. The main destination of Semiconductor Devices exports from United States are: Mexico ($1.32B), China ($774M), Hong Kong ($528M), Germany ($360M), and Chinese Taipei ($255M).

The fastest growing export markets for Semiconductor Devices of United States between 2017 and 2018 were Mexico ($370M), Hong Kong ($318M), and China ($256M).

Imports: In 2018, United States imported $4.56B in Semiconductor Devices, becoming the 5th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 97th most imported product in United States. United States imports Semiconductor Devices primarily from: China ($1.06B), South Korea ($699M), Mexico ($589M), Japan ($322M), and Malaysia ($295M).

The fastest growing import markets in Semiconductor Devices for United States between 2017 and 2018 were Chinese Taipei ($134M), United Kingdom ($48.7M), and Singapore ($37.8M).

Overview: In August 2020 United States' Semiconductor Devices exports accounted up to $495M and imports accounted up to $1.11B, resulting in a negative trade balance of $613M. Between August 2019 and August 2020 the exports of United States'   Semiconductor Devices have decreased by $-61.7M (-11.1%) from $557M to $495M, while imports increased by $47.6M (4.49%) from $1.06B to $1.11B.

Destinations: In August 2020 Semiconductor Devices exported mostly to Mexico ($81.5M), China ($69.3M), South Korea ($39.9M), Malaysia ($34.3M), and Hong Kong ($33.2M), and imported mostly from Malaysia ($242M), Vietnam ($238M), Thailand ($148M), China ($93.2M), and South Korea ($84.5M).

Growth: In August 2020, the decrease in Semiconductor Devices's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-32.6M or -49.5%), Thailand ($-29.1M or -49%), and Philippines ($-15.9M or -56.4%). In August 2020, the increase in Semiconductor Devices's year-by-year imports was explained primarily by an increase in imports from Thailand ($79.2M or 114%), Vietnam ($37.3M or 18.5%), and China ($30.7M or 49.1%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $-61.7M, (-11.1%)

IMPORT GROWTH (August 2019 - August 2020): $47.6M, (4.49%)

MAIN EXPORTER (August 2020): California, $134M

MAIN DESTINATION (August 2020): Mexico, $81.5M

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.

Value

EXPORTS (2018): $5.07B

IMPORTS (2018): $4.56B

NET TRADE (2018): $510M

In 2018, United States exported $5.07B in Semiconductor Devices. The main destinations of United States exports on Semiconductor Devices were Mexico ($1.32B), China ($774M), Hong Kong ($528M), Germany ($360M), and Chinese Taipei ($255M).

In 2018, United States imported $4.56B in Semiconductor Devices, mainly from China ($1.06B), South Korea ($699M), Mexico ($589M), Japan ($322M), and Malaysia ($295M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Semiconductor Devices WITH:

  • Mexico, $727M ($1.32B - $589M)
  • Hong Kong, $509M ($528M - $18.9M)
  • Thailand, $174M ($234M - $60.2M)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Semiconductor Devices WITH:

  • South Korea, -$533M ($166M - $699M)
  • China, -$285M ($774M - $1.06B)
  • Japan, -$210M ($112M - $322M)
Flow

THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY United States WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Semiconductor Devices were:

In 2018, United States's main importing competitors in Semiconductor Devices were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Semiconductor Devices in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Semiconductor Devices in the imports of United States were of 0% around the world.

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