2023
Exports
$288MWorld Rnk 32 / 208
Flag Rnk 225 / 1212
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$948MWorld Rnk 35 / 223
Flag Rnk 114 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $288M in Semiconductor Devices, making it the 32nd largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 225th most exported product in Canada. The main destination of Semiconductor Devices exports from Canada are: United States ($200M), South Korea ($14.7M), Germany ($9.12M), China ($8.98M), and Japan ($5.73M).

The fastest growing export markets for Semiconductor Devices of Canada between 2022 and 2023 were United States ($21.3M), Japan ($2.44M), and France ($1.94M).

Imports In 2023, Canada imported $948M in Semiconductor Devices, becoming the 35th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 114th most imported product in Canada. Canada imports Semiconductor Devices primarily from: Vietnam ($351M), China ($138M), United States ($89.2M), Thailand ($54.7M), and Malaysia ($44.9M).

The fastest growing import markets in Semiconductor Devices for Canada between 2022 and 2023 were Vietnam ($52.8M), Hong Kong ($26.8M), and Thailand ($20.4M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-11.2M(-41.6%)
IMPORT GROWTH (November 2023 - November 2024)C$-68.3M(-58.5%)
MAIN EXPORTER (November 2024)OntarioC$13.5M
MAIN DESTINATION (November 2024)United StatesC$7.39M

This section shows Semiconductor Devices's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Semiconductor Devices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$288M
IMPORTS (2023)$948M
NET TRADE (2023)-$660M

In 2023, Canada exported $288M in Semiconductor Devices. The main destinations of Canada exports on Semiconductor Devices were United States ($200M), South Korea ($14.7M), Germany ($9.12M), China ($8.98M), and Japan ($5.73M).

In 2023, Canada imported $948M in Semiconductor Devices, mainly from Vietnam ($351M), China ($138M), United States ($89.2M), Thailand ($54.7M), and Malaysia ($44.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$21.3M (11.9%)
Japan$2.44M (74.2%)
France$1.94M (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Canada WERE (2022 - 2023):
Philippines-$1.68M (-34.1%)
Indonesia-$1.58M (-75%)
Hong Kong-$1.56M (-21.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Semiconductor Devices were:
China $62.3B
Japan $9.09B
In 2023, Canada's main importing competitors in Semiconductor Devices were:

Explore Visualizations

Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $152M
TOP IMPORT POTENTIALUnited States+ $114M

Semiconductor Devices’s highest export potential is United States. With an export gap of $152M.   Semiconductor Devices’s highest import potential is United States with an import gap of $114M.

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