U.S. Semiconductor Machinery Exports Grew Consistently since 2013, Establishing the U.S. at a Solid Second Place in Global Exports of Semiconductor Machinery
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The U.S. ranks second globally in semiconductor machinery exports with a X% share (based on USD), following Japan (X%) and outrunning the Netherlands (X%). In 2015, the U.S. exported X million USD, X% over the previous year's value.
After a consistent decrease from 2007 to 2009, exports soared in 2010, only to track another steep decline over the next two years. However, exports turned upwards in 2013, expanding rapidly in 2014-2015. In 2010, U.S. semiconductor machinery exports surpassed the pre-recession level of 2007. After a period of fluctuations, in 2015, exports once again substantially exceeded the level of 2007.
As U.S. companies improved their positions on overseas markets, domestic manufacturers enjoyed a new growth driver in the recent few years.
In 2015, Korea (X%), China (X%), and Japan (X%) were the main destinations of U.S. semiconductor machinery exports. The shares exported to Korea and China increased (+X percentage points and +X percentage points, respectively), while the share sent to Japan illustrated negative dynamics (-X percentage points) from 2007 to 2015.
From 2007 to 2015, the U.S. was a net exporter of semiconductor machinery. Moreover, in the recent three years, the growth of exports was consistent, while imports displayed strong fluctuations, declining in 2015. As a result, the U.S. trade balance fluctuated wildly over the period under review, with the lowest dip in 2011-2012 and a considerable hike in 2015, totaling to X million USD.
Source: IndexBox AI Platform
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