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Photosensitive/photovoltaic/LED semiconductor devices

854140 (Harmonized System 1992 for 6-digit)

2023
World Trade $92.9BRnk 28 / 4644
2023
Top Exporter | Top Importer $44.2B | $22BChina | United States
2023
Product Complexity 0.44Rnk 1780 / 4656
2022 - 2023
Export Growth (CAGR) 4.79%Rnk 1056 / 4644
2023
Share of World Trade 0.41%Rnk 28 / 4644

About

Overview This page contains the latest trade data of Photosensitive/photovoltaic/LED semiconductor devices. In 2023, Photosensitive/photovoltaic/LED semiconductor devices were the world's 28th most traded product, with a total trade of $92.9B. Between 2022 and 2023 the exports of Photosensitive/photovoltaic/LED semiconductor devices grew by 4.79%, from $88.6B to $92.9B. Trade in Photosensitive/photovoltaic/LED semiconductor devices represent 0.41% of total world trade.

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

Exports In 2023 the top exporters of Photosensitive/photovoltaic/LED semiconductor devices  were China ($44.2B), Vietnam ($7.59B), Malaysia ($7.12B), Thailand ($6.18B), and Japan ($3.16B).

Imports In 2023 the top importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($22B), Germany ($5.48B), India ($5.36B), China ($4.22B), and Brazil ($4.05B).

Ranking Photosensitive/photovoltaic/LED semiconductor devices ranks 1780th 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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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 (2023)China$44.2B
Top Destination (2023)United States$22B

In 2023 Photosensitive/photovoltaic/LED semiconductor devices were the world's 28th most traded product (out of 4,644).

In 2023, the top exporters of Photosensitive/photovoltaic/LED semiconductor devices were China ($44.2B), Vietnam ($7.59B), Malaysia ($7.12B), Thailand ($6.18B), and Japan ($3.16B).

In 2023, the top importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($22B), Germany ($5.48B), India ($5.36B), China ($4.22B), and Brazil ($4.05B).

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Exporters of Photosensitive/photovoltaic/LED semiconductor devices (2023)
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Importers of Photosensitive/photovoltaic/LED semiconductor devices (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Thailand$2.5B
Top Destination Growth (2022 -  2023)United States$9.04B

Between 2022 and 2023, the exports of Photosensitive/photovoltaic/LED semiconductor devices grew the fastest in Thailand ($2.5B), Cambodia ($1.78B), India ($1.68B), Vietnam ($1.47B), and China ($913M).

Between 2022 and 2023, the fastest growing importers of Photosensitive/photovoltaic/LED semiconductor devices were United States ($9.04B), India ($3.55B), Saudi Arabia ($942M), Mexico ($762M), and Pakistan ($625M).

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Exporters of Photosensitive/photovoltaic/LED semiconductor devices (2022 - 2023)

Importers of Photosensitive/photovoltaic/LED semiconductor devices (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Photosensitive/photovoltaic/LED semiconductor devices are explained by 9 countries.

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Value of Exports in Photosensitive/photovoltaic/LED semiconductor devices

Net Trade

TOP NET EXPORTER (2023)China$40B
TOP NET IMPORTER (2023)United States$21B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Photosensitive/photovoltaic/LED semiconductor devices were China ($40B), Malaysia ($6.05B), Vietnam ($5.98B), Thailand ($4.59B), and Cambodia ($2.13B).

In 2023, the countries that had a largest trade value in imports than in exports of Photosensitive/photovoltaic/LED semiconductor devices were United States ($21B), Brazil ($4.05B), India ($3.36B), Hong Kong ($3.08B), and Spain ($2.62B).

Net Trade (2023)

Country Comparison

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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 (2023)

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