2023
Exports
$2.07BWorld Rnk 14 / 208
Flag Rnk 32 / 1212
falsefalse United States
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$6.73BWorld Rnk 5 / 223
Flag Rnk 13 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $2.07B in Semiconductor Devices, making it the 14th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 32nd most exported product in India. The main destination of Semiconductor Devices exports from India are: United States ($1.96B), Somalia ($9.82M), Thailand ($8.9M), Germany ($8.83M), and Hong Kong ($7.42M).

Imports In 2023, India imported $6.73B in Semiconductor Devices, becoming the 5th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 13th most imported product in India. India imports Semiconductor Devices primarily from: China ($3.83B), Vietnam ($965M), Malaysia ($726M), Thailand ($288M), and Japan ($252M).

The fastest growing import markets in Semiconductor Devices for India between 2022 and 2023 were China ($2.17B), Vietnam ($768M), and Malaysia ($618M).

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.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Semiconductor Devices. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.07B
IMPORTS (2023)$6.73B
NET TRADE (2023)-$4.66B

In 2023, India exported $2.07B in Semiconductor Devices. The main destinations of India exports on Semiconductor Devices were United States ($1.96B), Somalia ($9.82M), Thailand ($8.9M), Germany ($8.83M), and Hong Kong ($7.42M).

In 2023, India imported $6.73B in Semiconductor Devices, mainly from China ($3.83B), Vietnam ($965M), Malaysia ($726M), Thailand ($288M), and Japan ($252M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $115M
TOP IMPORT POTENTIALChina+ $1.26B

Semiconductor Devices’s highest export potential is United States. With an export gap of $115M.   Semiconductor Devices’s highest import potential is China with an import gap of $1.26B.

See methodology.

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