Electronic Trade and Countries Growth Export.

Electronic circuit components are the world’s largest export as measured by international sales. Exports of electronic circuit components from all countries totaled US$1.015 trillion in 2021. That dollar amount equals 4.7% of the overall value of exported products which was $21.513 trillion. Such a high percentage indicates a relatively strong concentration for these main competitors within the worldwide electronic circuits industry. Among continents, suppliers in Asia sold the highest dollar worth of exported electronic circuit components on global markets during 2021 with shipments valued at $892.5 billion or 88% of the world’s total. Lower percentages are attributed to exporters in Europe (6%), North America (5.6%), Latin America (0.04%) excluding Mexico but including the Caribbean, Africa (0.02%), and Oceania (0.01%) led by Australia and New Zealand.