Photosensitive/photovoltaic/LED semiconductor devices854140 (Harmonized System 1992 for 6-digit)
2020 World Trade: $56B, Rnk 36 / 4613
2020 Top Exporter | Top Importer: $23.7B | $10B, China | United States
2020 Product Complexity: 1, Rnk 765 / 4783
2019 - 2020 Export Growth (CAGR): 3.8%, Rnk 841 / 4613
2018 Mean Tariff: 2.64%, Rnk 6023 / 6538
2020 Share of World Trade: 0.33%, Rnk 36 / 4613
Overview This page contains the latest trade data of Photosensitive/photovoltaic/LED semiconductor devices. In 2020, Photosensitive/photovoltaic/LED semiconductor devices were the world's 36th most traded product, with a total trade of $56B. Between 2019 and 2020 the exports of Photosensitive/photovoltaic/LED semiconductor devices grew by 3.8%, from $53.9B to $56B. Trade in Photosensitive/photovoltaic/LED semiconductor devices represent 0.33% of total world trade.
Photosensitive/photovoltaic/LED semiconductor devices are a part of Semiconductor Devices.
Exports In 2020 the top exporters of Photosensitive/photovoltaic/LED semiconductor devices were China ($23.7B), Malaysia ($5.03B), Vietnam ($3.99B), Japan ($3.99B), and South Korea ($3.28B).
Imports In 2020 the top importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($10B), Vietnam ($5.08B), Hong Kong ($4.67B), China ($4.23B), and Netherlands ($3.35B).
Tariffs In 2018 the average tariff for Photosensitive/photovoltaic/LED semiconductor devices was 2.64%, making it the 6023rd lowest tariff using the HS6 product classification.
Ranking Photosensitive/photovoltaic/LED semiconductor devices ranks 765th in the Product Complexity Index (PCI).
Description Photo-sensitive semiconductors are used in solar panels for power. Photovoltaic semiconductors are used in solar panels for power. Light-emitting diodes are used as lights, traffic lights, and many other applications.
The following visualization shows the latest trends on Photosensitive/photovoltaic/LED semiconductor devices. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $23.7B
Top Destination (2020): United States, $10B
Photosensitive/photovoltaic/LED semiconductor devices are the world's 36th most traded product.
In 2020, the top exporters of Photosensitive/photovoltaic/LED semiconductor devices were China ($23.7B), Malaysia ($5.03B), Vietnam ($3.99B), Japan ($3.99B), and South Korea ($3.28B).
In 2020, the top importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($10B), Vietnam ($5.08B), Hong Kong ($4.67B), China ($4.23B), and Netherlands ($3.35B).
Trade by country
Top Origin Growth (2019 - 2020): Vietnam, $837M
Top Destination Growth (2019 - 2020): Vietnam, $2.28B
Between 2019 and 2020, the exports of Photosensitive/photovoltaic/LED semiconductor devices grew the fastest in Vietnam ($837M), Thailand ($765M), Netherlands ($245M), China ($239M), and South Korea ($176M).
Between 2019 and 2020, the fastest growing importers of Photosensitive/photovoltaic/LED semiconductor devices were Vietnam ($2.28B), United States ($1.69B), Netherlands ($450M), Poland ($295M), and Germany ($237M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Photosensitive/photovoltaic/LED semiconductor devices.
In 2020, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Photosensitive/photovoltaic/LED semiconductor devices are explained by 9 countries.
TOP NET EXPORTER (2020): China, $19.5B
TOP NET IMPORTER (2020): United States, $8.03B
This map shows which countries export or import more of Photosensitive/photovoltaic/LED semiconductor devices. Each country is colored based on the difference in exports and imports of Photosensitive/photovoltaic/LED semiconductor devices during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Photosensitive/photovoltaic/LED semiconductor devices were China ($19.5B), Malaysia ($4.25B), South Korea ($1.33B), Chinese Taipei ($1.23B), and Japan ($1.23B).
In 2020, the countries that had a largest trade value in imports than in exports of Photosensitive/photovoltaic/LED semiconductor devices were United States ($8.03B), Hong Kong ($4.21B), Netherlands ($2.12B), India ($1.55B), and Australia ($1.17B).
This visualization shows the countries that have an important ratio of their trade related to Photosensitive/photovoltaic/LED semiconductor devices. It is possible to select the main countries that export or import Photosensitive/photovoltaic/LED semiconductor devices in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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