In February the US imported ICs worth $4.86 billion according to the US Census Bureau with Cambodia, India, Vietnam and Thailand significantly increasing their exports to the US.
India’s exports of chips to the US grew 34% y-o-y to $152 million, Cambodia increased chip exports to the US by 698% y-o-y, Vietnam increased its chip exports to the US by 75% and Thailand by 62%.
Malaysia, which has long been a source of test and packaging facilities for IC companies, saw its shipments to the US drop by 26% y-o-y.
Feb. 2023 – Feb 2022. % change +/-
Malaysia. $973m -26.3
Taiwan. $732m. +4.3
Vietnam. $563m +74.9
Thailand $422m +62.3
Korea $366m +43.3
China $226m -7.8
Japan $170m. -11.5
Cambodia. $166m. +698
India $159m +3.4
Philippines $146m -5.3