2023
Exports
$3.47BWorld Rnk 10 / 208
Flag Rnk 96 / 1217
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$25.4BWorld Rnk 1 / 223
Flag Rnk 19 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $3.47B in Semiconductor Devices, making it the 10th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 96th most exported product in United States. The main destination of Semiconductor Devices exports from United States are: China ($578M), Mexico ($415M), Hong Kong ($414M), Germany ($291M), and Malaysia ($282M).

The fastest growing export markets for Semiconductor Devices of United States between 2022 and 2023 were Mexico ($130M), Spain ($11.7M), and Costa Rica ($5.52M).

Imports In 2023, United States imported $25.4B in Semiconductor Devices, becoming the 1st largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 19th most imported product in United States. United States imports Semiconductor Devices primarily from: Vietnam ($5.25B), Thailand ($4.4B), Malaysia ($3.76B), Cambodia ($2.47B), and India ($1.96B).

The fastest growing import markets in Semiconductor Devices for United States between 2022 and 2023 were Thailand ($2.54B), India ($1.68B), and Cambodia ($1.65B).

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

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-133M(-20.4%)
IMPORT GROWTH (November 2023 - November 2024)$-753M(-36.1%)
MAIN EXPORTER (November 2024)Oregon$187M
MAIN DESTINATION (November 2024)Mexico$81.8M

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 (2023)$3.47B
IMPORTS (2023)$25.4B
NET TRADE (2023)-$22B

In 2023, United States exported $3.47B in Semiconductor Devices. The main destinations of United States exports on Semiconductor Devices were China ($578M), Mexico ($415M), Hong Kong ($414M), Germany ($291M), and Malaysia ($282M).

In 2023, United States imported $25.4B in Semiconductor Devices, mainly from Vietnam ($5.25B), Thailand ($4.4B), Malaysia ($3.76B), Cambodia ($2.47B), and India ($1.96B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$130M (45.5%)
Spain$11.7M (43.3%)
Costa Rica$5.52M (44.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY United States WERE (2022 - 2023):
Malaysia-$107M (-27.6%)
Hong Kong-$94.6M (-18.6%)
Singapore-$79.1M (-25.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Semiconductor Devices were:
China $62.3B
Japan $9.09B
In 2023, United States's main importing competitors in Semiconductor Devices were:
China $12.9B

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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