U.S. Imports of Electronic Computers Remain near 60 billion USD in the Recent Five Years, Mainly Originating from China
Computers And Peripheral Equipment June 17, 2016
Photo: © Goodluz / Bigstockphoto
The U.S. leads the world in imports of electronic computers, accounting for a 29% share (based on USD). It was distantly followed by Germany (6%), Japan (6%), and the Netherlands (6%). In 2015, U.S. electronic computer imports totaled 59,475 million USD, which was 265 million USD more than the year before.
U.S. imports of electronic computers showed mixed dynamics from 2007 to 2015. After a stable period from 2007 to 2009, imports soared by 33% in 2010 and by another 21% in 2011. The growth stopped in 2012, and imports have remained stable at new levels in recent years, with a slight downward trend in 2015.
Given the dominant position of the US in global imports, this country remains one of the most attractive destinations for overseas suppliers.
China was the main supplier of electronic computers into the U.S., with a 70% share of total U.S. imports in 2015, based on USD. It was distantly followed by Mexico (24%), which was the fastest growing supplier (+16.0% per year) from 2007 to 2015. Meanwhile, imports from China grew by + 9.1 % per year. China strengthened its position in U.S. imports by +14 percentage points from 2007 to 2015, while Mexico gained +12 percentage points over the same period.
From 2007 to 2015, the U.S. was a net importer of electronic computers. Moreover, imports grew faster than exports on average over the period under review. In 2015, U.S. electronic computer industry ran a trade deficit of about 46 billion USD, a figure that has remained relatively stable in the recent five years.
Source: U.S. Electronic Computer Market. Analysis And Forecast to 2020
