China Remains the Leader in Global Exports of Printed Circuits, with $13.4B in 2013

Electronic Components And Boards July 12, 2015
Author: Alexander Romanenko
Chief Executive Officer

Despite some mildly negative dynamics in 2013, China continued its dominance in the global printed circuit trade. In 2013, China's exports totaled 13,347 million USD, 3% under the previous year. Its primary trading partner was the Republic of Korea, where it supplied 7.6% of its total printed circuit exports in value terms.

Overall, the global printed circuit trade increased to 37.3 million USD, with a CAGR of 3.1% from 2007 to 2013. In 2013, China (35.3%), Mexico (5.6%), the U.S. (5.2%), Malaysia (5.0%) and Germany (4.8%) were the leading destinations of printed circuit imports, together making up 56.2% of global imports. The share of China increased significantly (+3 percentage points), while the share of the U.S. illustrated negative dynamics (-2 percentage points).

China and Japan were the main global suppliers of printed circuits in 2013, with a combined share of 42.8% of global exports. However, the fastest growing exporters from 2007 to 2013 were the Philippines (+17.5% per year) and Hungary (+7.8% per year). Even with these competitive inroads, China was able to significantly strengthen its position in the global export structure, from 31% in 2007 to 36% in 2013.

Source: World: Printed Circuits - Market Report. Analysis and Forecast to 2020