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847170 (Harmonized System 1996 for 6-digit)

2023
World Trade $55.3BRnk 53 / 4766
2023
Top Exporter | Top Importer $14.9B | $10BThailand | China
2023
Product Complexity 1.28Rnk 357 / 4780
2022 - 2023
Export Growth (CAGR) -12.4%Rnk 3056 / 4766
2023
Share of World Trade 0.24%Rnk 53 / 4766

About

Overview This page contains the latest trade data of Computer Storage Devices. In 2023, Computer Storage Devices were the world's 53rd most traded product, with a total trade of $55.3B. Between 2022 and 2023 the exports of Computer Storage Devices decreased by -12.4%, from $63.2B to $55.3B. Trade in Computer Storage Devices represent 0.24% of total world trade.

Computer Storage Devices are a part of Automatic data processing machines and units thereof, magnetic or optical readers, machines....

Exports In 2023 the top exporters of Computer Storage Devices  were Thailand ($14.9B), China ($10.5B), South Korea ($4.1B), Chinese Taipei ($3.5B), and United States ($3.36B).

Imports In 2023 the top importers of Computer Storage Devices were China ($10B), United States ($7.5B), Hong Kong ($5.57B), Mexico ($4.3B), and Germany ($3.04B).

Ranking Computer Storage Devices ranks 357th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Computer Storage 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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Thailand$14.9B
Top Destination (2023)China$10B

In 2023 Computer Storage Devices were the world's 53rd most traded product (out of 4,766).

In 2023, the top exporters of Computer Storage Devices were Thailand ($14.9B), China ($10.5B), South Korea ($4.1B), Chinese Taipei ($3.5B), and United States ($3.36B).

In 2023, the top importers of Computer Storage Devices were China ($10B), United States ($7.5B), Hong Kong ($5.57B), Mexico ($4.3B), and Germany ($3.04B).

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Exporters of Computer Storage Devices (2023)
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Importers of Computer Storage Devices (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$1.54B
Top Destination Growth (2022 -  2023)South Korea$258M

Between 2022 and 2023, the exports of Computer Storage Devices grew the fastest in South Korea ($1.54B), China ($972M), Vietnam ($517M), Czechia ($103M), and France ($37.5M).

Between 2022 and 2023, the fastest growing importers of Computer Storage Devices were South Korea ($258M), Malaysia ($129M), Indonesia ($108M), Chinese Taipei ($91.7M), and Italy ($70M).

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Exporters of Computer Storage Devices (2022 - 2023)

Importers of Computer Storage Devices (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Computer Storage Devices.

In 2023, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Computer Storage Devices are explained by 12 countries.

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Value of Exports in Computer Storage Devices

Net Trade

TOP NET EXPORTER (2023)Thailand$14.5B
TOP NET IMPORTER (2023)Hong Kong$5.17B

This map shows which countries export or import more of Computer Storage Devices. Each country is colored based on the difference in exports and imports of Computer Storage Devices during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Computer Storage Devices were Thailand ($14.5B), South Korea ($3B), Chinese Taipei ($2.67B), Philippines ($2.52B), and Malaysia ($1.83B).

In 2023, the countries that had a largest trade value in imports than in exports of Computer Storage Devices were Hong Kong ($5.17B), United States ($4.14B), Germany ($1.97B), Mexico ($1.79B), and Japan ($1.41B).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Computer Storage Devices.
It is possible to select the main countries that export or import Computer Storage Devices in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Computer Storage Devices by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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