Exports In 2022, India exported $516M in Semiconductor Devices, making it the 23rd largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 162nd most exported product in India. The main destination of Semiconductor Devices exports from India are: United States ($431M), Hong Kong ($11.6M), South Africa ($5.88M), United Arab Emirates ($5.01M), and Turkey ($4.45M).
The fastest growing export markets for Semiconductor Devices of India between 2021 and 2022 were United States ($305M), Mauritius ($3.58M), and Malaysia ($3M).
Imports In 2022, India imported $4.55B in Semiconductor Devices, becoming the 9th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 19th most imported product in India. India imports Semiconductor Devices primarily from: China ($3.1B), Singapore ($332M), Hong Kong ($214M), Vietnam ($198M), and Thailand ($182M).
The fastest growing import markets in Semiconductor Devices for India between 2021 and 2022 were Vietnam ($188M), Thailand ($156M), and Japan ($55.6M).
COMPANIES In 2023, leading companies such as Motorola (2) and Toyota (1) were at the forefront of shipping Semiconductor Devices from India to the United States.