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Circuits; printed

8534 (Harmonized System 1992 for 4-digit)

2023
World Trade $47.8BRnk 89 / 1217
2023
Top Exporter | Top Importer $22.9B | $7.36BChina | Hong Kong
2023
Product Complexity 1.16Rnk 125 / 1044
2022 - 2023
Export Growth (CAGR) -18.2%Rnk 1002 / 1217
2023
Share of World Trade 0.21%Rnk 89 / 1217

About

Overview This page contains the latest trade data of Printed Circuit Boards. In 2023, Printed Circuit Boards were the world's 89th most traded product, with a total trade of $47.8B. Between 2022 and 2023 the exports of Printed Circuit Boards decreased by -18.2%, from $58.5B to $47.8B. Trade in Printed Circuit Boards represent 0.21% of total world trade.

Printed Circuit Boards are a part of Electrical machinery and electronics. They include Electronic printed circuits.

Exports In 2023 the top exporters of Printed Circuit Boards  were China ($22.9B), Chinese Taipei ($5.1B), Japan ($3.8B), South Korea ($3.46B), and Thailand ($1.73B).

Imports In 2023 the top importers of Printed Circuit Boards were Hong Kong ($7.36B), China ($5.47B), Chinese Taipei ($3.49B), Vietnam ($2.85B), and Malaysia ($2.84B).

Ranking Printed Circuit Boards ranks 125th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Printed Circuit Boards. 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)China$22.9B
Top Destination (2023)Hong Kong$7.36B

In 2023 Printed Circuit Boards were the world's 89th most traded product (out of 1,217).

In 2023, the top exporters of Printed Circuit Boards were China ($22.9B), Chinese Taipei ($5.1B), Japan ($3.8B), South Korea ($3.46B), and Thailand ($1.73B).

In 2023, the top importers of Printed Circuit Boards were Hong Kong ($7.36B), China ($5.47B), Chinese Taipei ($3.49B), Vietnam ($2.85B), and Malaysia ($2.84B).

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Exporters of Printed Circuit Boards (2023)
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Importers of Printed Circuit Boards (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$75.4M
Top Destination Growth (2022 -  2023)India$176M

Between 2022 and 2023, the exports of Printed Circuit Boards grew the fastest in Romania ($75.4M), Mexico ($61.9M), Hungary ($60.6M), Israel ($39.3M), and France ($38.5M).

Between 2022 and 2023, the fastest growing importers of Printed Circuit Boards were India ($176M), Thailand ($90M), Hungary ($52.1M), Kenya ($39.3M), and Malta ($25.1M).

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Exporters of Printed Circuit Boards (2022 - 2023)

Importers of Printed Circuit Boards (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Printed Circuit Boards.

In 2023, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Printed Circuit Boards are explained by 8 countries.

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Value of Exports in Printed Circuit Boards

Net Trade

TOP NET EXPORTER (2023)China$17.4B
TOP NET IMPORTER (2023)Hong Kong$5.63B

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

In 2023, the countries that had a largest trade value in exports than in imports of Printed Circuit Boards were China ($17.4B), Japan ($2.44B), Chinese Taipei ($1.61B), South Korea ($1.34B), and Macau ($12.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Printed Circuit Boards were Hong Kong ($5.63B), Mexico ($2.55B), Malaysia ($2.13B), Vietnam ($1.64B), and United States ($1.59B).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Printed Circuit Boards by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALVietnam+ $466M
TOP IMPORT POTENTIALVietnam+ $305M

Printed Circuit Boards’s highest export potential is Vietnam. With an export gap of $466M.  Printed Circuit Boards’s highest import potential is Vietnam with an import gap of $305M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Printed Circuit Boards.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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