HS Icon Photosensitive/photovoltaic/LED semiconductor devices

854140 (Harmonized System 1992 for 6-digit)

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.

The countries with the highest import tariffs for Photosensitive/photovoltaic/LED semiconductor devices are Samoa (20%), Anguilla (20%), Uzbekistan (16.8%), and Maldives (14.7%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Egypt (0%), Ethiopia (0%), and Ghana (0%).

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.

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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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).

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Market Dynamics

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Trade by country

Value

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).

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Market Concentration

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Cumulative market share

Value

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.

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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).

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.

Product Complexity

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Diversification Frontier

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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.