Top US Semiconductor Manufacturers & Imports by Country 2024-25
Discover the top US semiconductor manufacturers and leading semiconductor import countries for 2024–25. Get detailed insights on import values, key trade partners, tariffs, and top semiconductor products imported by the US.
With technology continuing to play a significant role in our lives, the demand for semiconductors is at an all-time high. As we look forward, the landscape of US semiconductor manufacturing and imports by country is rapidly evolving. According to the US import data and USA semiconductor import data, the US semiconductor imports reached a total value of $23.32 billion in 2024, a decline of 13% from the previous year. The countries that the US imports the most semiconductors from are Vietnam ($5.84 billion), Thailand ($3.60 billion), Malaysia ($3.40 billion), and India ($1.68 billion). In this article, we will explore the top US semiconductor manufacturers and the countries that are leading the way in semiconductor imports.
US Semiconductor Imports by Country: Top 10 US Semiconductor Import Partners
US Semiconductor Imports by Country reveal the significant partners in trade with the United States. The Top 10 US Semiconductor Import Partners play a crucial role in supplying semiconductors to meet the demands of various industries. These strategic partnerships reflect the interconnectedness of the global semiconductor market and the semiconductor industry in USA. The top countries from which the US imports semiconductors, as per the data on US semiconductor imports by country and US shipment data for 2024-25, include:
1. Vietnam: $5.84 billion (25.1%)
Vietnam tops the list as the largest supplier of semiconductors to the United States, accounting for 25.1% of total US semiconductor imports. The country has emerged as a key player in the global semiconductor industry, with a growing number of semiconductor manufacturers setting up production facilities in Vietnam.
2. Thailand: $3.60 billion (15.5%)
Thailand is the second-largest importer of semiconductors to the US, with a market share of 15.5%. The country's well-established electronics industry and skilled workforce have made it a preferred destination for semiconductor production, attracting investments from major players in the industry.
3. Malaysia: $3.40 billion (14.6%)
Malaysia secures the third spot on the list of top US semiconductor import partners, with a share of 14.6% in total US semiconductor imports. The country's strategic location, business-friendly policies, and advanced infrastructure have made it a hotspot for semiconductor manufacturing, drawing investments from both domestic and international companies.
4. India: $1.68 billion (7.2%)
India ranks fourth among the top US semiconductor import partners, contributing 7.2% to total US semiconductor imports. The country's growing electronics industry and skilled workforce have propelled it to become a key player in the global semiconductor supply chain, supplying a significant portion of semiconductors to the US market.
5. Cambodia: $1.41 billion (6%)
Cambodia holds the fifth position on the list of top US semiconductor import partners, with a market share of 6%. The country's low labor costs, favorable business environment, and preferential trade agreements have attracted semiconductor manufacturers to set up production facilities in Cambodia, contributing significantly to US semiconductor imports.
6. Japan: $1 billion (4.3%)
Japan is a significant supplier of semiconductors to the United States, accounting for 4.3% of total US semiconductor imports, as per the data on US semiconductor imports from Japan. The country's advanced technology, innovation-driven economy, and strong manufacturing capabilities have established it as a key player in the global semiconductor industry, supplying high-quality semiconductors to the US market.
7. South Korea: $828.49 million (3.6%)
South Korea holds the seventh spot among the top US semiconductor import partners, with a share of 3.6% in total US semiconductor imports. The country's leading semiconductor manufacturers, technological advancements, and focus on research and development have positioned it as a critical supplier of semiconductors to the United States.
8. Taiwan: $662.16 million (2.8%)
Taiwan is another important player in the global semiconductor supply chain, contributing 2.8% to total US semiconductor imports. The country's world-class semiconductor industry, cutting-edge technology, and strong manufacturing base have made it a key supplier of semiconductors to the United States, meeting its growing demand for these essential components.
9. China: $642.44 million (2.8%)
China ranks ninth among the top US semiconductor import partners, with a market share of 2.8% in total US semiconductor imports, as per the data on US semiconductor imports from China. Despite facing trade tensions and restrictions, China remains a significant supplier of semiconductors to the United States, leveraging its vast manufacturing capabilities and technological advancements to meet the demand for semiconductors in the US market.
10. Indonesia: $476.43 million (2%)
Indonesia rounds up the list of the top US semiconductor import partners, contributing 2% to total US semiconductor imports. The country's growing electronics industry, skilled workforce, and favorable business environment have attracted semiconductor manufacturers to establish production facilities in Indonesia, supplying semiconductors to the US market.
List of Top Semiconductor Manufacturers in the USA: US Semiconductor Manufacturing Companies
When it comes to the semiconductor industry, the United States boasts a competitive landscape with top-notch manufacturers leading the way in innovation and technology. The US is the 4th biggest semiconductor manufacturer in the world. The USA semiconductor manufacturers' data highlights key players in the industry known for their cutting-edge production capabilities and high-quality semiconductor products. Companies like Intel, Broadcom, and NVIDIA dominate the US semiconductor market. The top 10 semiconductor manufacturers in the USA, or US semiconductor manufacturing companies, as per US exporters data and US trade shipment data for 2024-25, include:
|
Rank |
Company Name |
Approx. Export Revenue (2024) |
Top International Markets |
Notes |
|
1 |
Intel |
$63 billion |
China, EU, Japan |
Major CPU and data center chip supplier; investing in U.S. fabs. |
|
2 |
Qualcomm |
$37.6 billion |
China, India, EU |
Strong in mobile SoCs and 5G chips; key smartphone player. |
|
3 |
Broadcom |
$28.6 billion |
Asia, Europe |
Network, broadband, and enterprise chip provider. |
|
4 |
AMD |
$23.4 billion |
China, EU, South Korea |
Competes with Intel/NVIDIA in CPUs and GPUs; AI export restrictions affect sales. |
|
5 |
Applied Materials |
$23.2 billion |
Taiwan, South Korea, China |
Semiconductor manufacturing equipment supplier. |
|
6 |
Texas Instruments |
$18.9 billion |
EU, China, Japan |
Analog and embedded processor leader. |
|
7 |
Lam Research |
$17.5 billion |
Taiwan, South Korea, China |
Fabrication equipment supplier; affected by China export bans. |
|
8 |
NVIDIA |
$12 billion |
China, EU, South Korea |
High-growth AI GPU giant; export controls to China curb potential revenue. |
|
9 |
KLA Corporation |
$9.81 billion |
Taiwan, South Korea, China |
Specializes in yield management and inspection tools. |
|
10 |
Onsemi |
$8 billion |
EU, China, Japan |
Automotive and industrial power chip focus. |
US Semiconductor Imports in the Last 10 Years: Historical US Import Data
|
Year of Trade |
US Semiconductor Import Value ($) |
|
2014 |
$9.60 billion |
|
2015 |
$11.61 billion |
|
2016 |
$13.85 billion |
|
2017 |
$10.68 billion |
|
2018 |
$8.90 billion |
|
2019 |
$11.27 billion |
|
2020 |
$13.26 billion |
|
2021 |
$13.41 billion |
|
2022 |
$17.98 billion |
|
2023 |
$26.83 billion |
|
2024 |
$23.32 billion |
Top 10 Semiconductor Products Imported by the US (2024)
|
Rank |
Product Category |
Import Value ($) |
|
1 |
Integrated Circuits (ICs) |
$6.9 billion |
|
2 |
Memory Chips (DRAM, NAND) |
$4.6 billion |
|
3 |
Microprocessors |
$3.5 billion |
|
4 |
Analog Semiconductors |
$2.3 billion |
|
5 |
Discrete Semiconductors (diodes) |
$1.2 billion |
|
6 |
Optoelectronic Devices |
$1 billion |
|
7 |
Semiconductor Sensors |
$800 million |
|
8 |
Power Management ICs |
$600 million |
|
9 |
RF Semiconductors |
$500 million |
|
10 |
Application-Specific ICs (ASICs) |
$400 million |
Key Insights & Trends for US Semiconductor Imports
-
Trade Surplus: In 2024, the U.S. maintained a $11 billion trade surplus in semiconductors, exporting more than it imported.
-
Emerging Import Sources:
-
Vietnam's semiconductor exports to the U.S. grew by 30.9% year-over-year.
-
Israel's exports surged 118.8%, highlighting its growing role in specialized semiconductors.
-
Tariff Developments: The U.S. government-initiated investigations into the national security implications of importing semiconductors, potentially leading to new tariffs.
-
Global Market Growth: The global semiconductor market reached $625.97 billion in 2024, an 18.1% increase from 2023.
Sales of Semiconductor Chips in the US by key markets
According to data from the Semiconductor Industry Association, semiconductor manufacturing companies in the US generate most of their revenue from sales abroad and also export most of their chips. In 2024, chip companies based in the U.S. generated 31% of their revenue from U.S. sales and exported 16% of their products within the U.S. While China represented 40% of the sales volume from semiconductor companies based in the U.S., it made up only 29% of revenue. This indicates that American firms are primarily supplying legacy chips to China because of U.S. export controls.
U.S. Semiconductor Tariffs (2025)
-
Tariff Implementation: In April 2025, the U.S. government announced new tariffs on imported semiconductor chips, citing national security concerns and the need to bolster domestic manufacturing, due to US tariffs on chips.
-
Tariff Rates: Tariffs on semiconductor imports have been increased from 25% to 50% by 2025, particularly targeting imports from China.
-
Scope of Tariffs: The tariffs apply to a broad range of semiconductor products, including GPUs and chipmaking equipment.
Impact of Semiconductor Tariffs on Industry
-
Cost Implications: U.S. semiconductor equipment manufacturers, such as Applied Materials, Lam Research, and KLA, may face losses of approximately $350 million each annually due to the tariffs. Smaller companies like Onto Innovation could incur tens of millions in additional costs.
-
Supply Chain Disruptions: The tariffs threaten to disrupt global semiconductor supply chains, potentially leading to increased consumer prices and economic downturns.
-
International Reactions: Countries affected by the tariffs, such as China, have responded with their duties on U.S. goods, escalating trade tensions.
Semiconductor export controls & tariffs: Key Insights for Investors
One possible result of the Trump administration's Section 232 investigations into the national security implications of semiconductor imports is tariffs. Tariffs on semiconductors, combined with stricter chip export limitations to China, have the potential to disrupt supply chains and affect investors' evaluations of semiconductor stocks. US trade data on semiconductor trade indicates:
-
While the U.S. has an overall surplus in semiconductor trade, it heavily depends on imports from important Asian markets.
-
Amid attempts to separate from China, Malaysia and Taiwan have emerged as suppliers of chips for the U.S.
-
Global supply chains could be reshaped, and the tech divide between the U.S. and China deepened by fresh tariffs or export controls.
-
These factors demonstrate that the strength of America’s semiconductor industry relies on a global supply chain that is deeply interconnected, not solely on exports.
The Future of US Semiconductor Manufacturing and Imports
As we look towards 2025, the future of US semiconductor manufacturing and imports is bright. With companies like Intel, Qualcomm, and NVIDIA leading the charge, and countries like China, Japan, and South Korea importing US semiconductor products, the industry is set for continued growth.
Conclusion
In conclusion, the landscape of US semiconductor manufacturing and imports is rapidly evolving. With technology playing an increasingly important role in our lives, companies and countries that innovate and adapt will be poised for success in the coming years. As we look towards 2025, the future of US semiconductor manufacturing and imports is exciting, with endless possibilities for growth and innovation.
We hope that you liked our insightful and data-driven blog report on the top US semiconductor manufacturers & US semiconductor imports by country. Visit USImportdata to acquire the latest US import-export data with our exclusive database reports for the first quarter of 2025! Contact us at info@tradeimex.in and get a list of the top US semiconductor importers with a customized data report.
What's Your Reaction?