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Photosensitive/photovoltaic/LED semiconductor devices

854140 (Harmonized System 1992 for 6-digit)

2022
World Trade $87.7BRnk 33 / 4648
2022
Top Exporter | Top Importer $44.7B | $13.2BChina | United States
2022
Product Complexity 0.79Rnk 1122 / 4653
2021 - 2022
Export Growth (CAGR) 21.9%Rnk 693 / 4648
2022
Share of World Trade 0.37%Rnk 33 / 4648

About

Overview This page contains the latest trade data of Photosensitive/photovoltaic/LED semiconductor devices. In 2022, Photosensitive/photovoltaic/LED semiconductor devices were the world's 33rd most traded product, with a total trade of $87.7B. Between 2021 and 2022 the exports of Photosensitive/photovoltaic/LED semiconductor devices grew by 21.9%, from $72B to $87.7B. Trade in Photosensitive/photovoltaic/LED semiconductor devices represent 0.37% of total world trade.

Photosensitive/photovoltaic/LED semiconductor devices are a part of Semiconductor Devices.

Exports In 2022 the top exporters of Photosensitive/photovoltaic/LED semiconductor devices  were China ($44.7B), Vietnam ($6.83B), Malaysia ($4.92B), Japan ($4.01B), and Germany ($3.52B).

Imports In 2022 the top importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($13.2B), China ($6.6B), Germany ($5.03B), Brazil ($4.45B), and Netherlands ($4.39B).

Ranking Photosensitive/photovoltaic/LED semiconductor devices ranks 1122nd 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.

Latest Trends

Latest Data

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Y-AXIS SCALE

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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$44.7B
Top Destination (2022)United States$13.2B

In 2022 Photosensitive/photovoltaic/LED semiconductor devices were the world's 33rd most traded product (out of 4,648).

In 2022, the top exporters of Photosensitive/photovoltaic/LED semiconductor devices were China ($44.7B), Vietnam ($6.83B), Malaysia ($4.92B), Japan ($4.01B), and Germany ($3.52B).

In 2022, the top importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($13.2B), China ($6.6B), Germany ($5.03B), Brazil ($4.45B), and Netherlands ($4.39B).

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Exporters of Photosensitive/photovoltaic/LED semiconductor devices (2022)
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Importers of Photosensitive/photovoltaic/LED semiconductor devices (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$9.88B
Top Destination Growth (2021 -  2022)United States$3.76B

Between 2021 and 2022, the exports of Photosensitive/photovoltaic/LED semiconductor devices grew the fastest in China ($9.88B), Vietnam ($2.69B), Thailand ($801M), Cambodia ($698M), and Singapore ($662M).

Between 2021 and 2022, the fastest growing importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($3.76B), Spain ($2.23B), Brazil ($1.52B), Germany ($1.47B), and Italy ($1B).

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Exporters of Photosensitive/photovoltaic/LED semiconductor devices (2021 - 2022)

Importers of Photosensitive/photovoltaic/LED semiconductor devices (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Photosensitive/photovoltaic/LED semiconductor devices.

In 2022, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Photosensitive/photovoltaic/LED semiconductor devices are explained by 8 countries.

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Value of Exports in Photosensitive/photovoltaic/LED semiconductor devices

Net Trade

TOP NET EXPORTER (2022)China$38.1B
TOP NET IMPORTER (2022)United States$11.1B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Photosensitive/photovoltaic/LED semiconductor devices were China ($38.1B), Vietnam ($4.3B), Malaysia ($3.55B), Thailand ($1.6B), and Japan ($1.24B).

In 2022, the countries that had a largest trade value in imports than in exports of Photosensitive/photovoltaic/LED semiconductor devices were United States ($11.1B), Brazil ($4.45B), Spain ($3.84B), Hong Kong ($3.78B), and India ($2.89B).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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.

Top 10 Exporters Countries of Photosensitive/photovoltaic/LED semiconductor devices by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

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