HS Icon Semiconductor Devices

8541 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Semiconductor Devices. In 2019, Semiconductor Devices were the world's 23rd most traded product, with a total trade of $102B. Between 2018 and 2019 the exports of Semiconductor Devices grew by 2.15%, from $99.7B to $102B. Trade in Semiconductor Devices represent 0.56% of total world trade.

Exports In 2019 the top exporters of Semiconductor Devices  were China ($34.8B), Malaysia ($9.65B), Japan ($9.23B), Germany ($6.7B), and Chinese Taipei ($5.34B).

Imports In 2019 the top importers of Semiconductor Devices were Hong Kong ($15.9B), United States ($10.9B), China ($10.8B), Germany ($6.31B), and Japan ($4.77B).

Tariffs In 2018 the average tariff for Semiconductor Devices was 2.35%, making it the 1194th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Semiconductor Devices are Bahamas (32.2%), Bermuda (21.9%), Samoa (20%), Maldives (17.8%), and Ethiopia (17.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking Semiconductor Devices ranks 166th in the Product Complexity Index (PCI).

Description Diodes are used in the production of a variety of electronic devices, including televisions, radios, and computers. Transistors are used in the production of a variety of electronic devices, including televisions, radios, and computers.

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $34.8B

Top Destination (2019): Hong Kong, $15.9B

Semiconductor Devices are the world's 23rd most traded product.

In 2019, the top exporters of Semiconductor Devices were China ($34.8B), Malaysia ($9.65B), Japan ($9.23B), Germany ($6.7B), and Chinese Taipei ($5.34B).

In 2019, the top importers of Semiconductor Devices were Hong Kong ($15.9B), United States ($10.9B), China ($10.8B), Germany ($6.31B), and Japan ($4.77B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $4.86B

Top Destination Growth (2018 - 2019): United States, $3.26B

Between 2018 and 2019, the exports of Semiconductor Devices grew the fastest in China ($4.86B), Vietnam ($1.19B), Hong Kong ($289M), Belgium ($202M), and Singapore ($200M).

Between 2018 and 2019, the fastest growing importers of Semiconductor Devices were United States ($3.26B), Vietnam ($1.63B), Spain ($849M), Netherlands ($637M), and Brazil ($482M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Semiconductor Devices.

In 2019,  market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Semiconductor Devices are explained by 12 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $24B

TOP NET IMPORTER (2019): Hong Kong, $14.5B

This map shows which countries export or import more of Semiconductor Devices. Each country is colored based on the difference in exports and imports of Semiconductor Devices during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Semiconductor Devices were China ($24B), Malaysia ($6.64B), Japan ($4.46B), Chinese Taipei ($3.09B), and South Korea ($1.65B).

In 2019, the countries that had a largest trade value in imports than in exports of Semiconductor Devices were Hong Kong ($14.5B), United States ($5.64B), India ($2.82B), Mexico ($2.56B), and Netherlands ($1.9B).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Semiconductor Devices, disaggragated by their HS6 level were Photosensitive/photovoltaic/LED semiconductor devices ($54.1B), Transistors, except photosensitive, > 1 watt ($17.8B), Diodes, except photosensitive and light emitting ($9.69B), Mounted piezo-electric crystals ($5.79B), and Parts of semiconductor devices and similar... ($5.73B)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Semiconductor Devices was 2.35%. The countries with the highest tariffs for importing Semiconductor Devices were Bahamas (32.2%), Bermuda (21.9%), Samoa (20%), Maldives (17.8%), and Ethiopia (17.3%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Semiconductor Devices to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.