Surge in China's imports of semiconductor manufacturing equipment from Japan

As, Technology is evolving, the demand for semiconductors is also growing. There is a huge shortage of semiconductors in the global market. Currently, the top semiconductors suppliers are Hong Kong, Taiwan and China. Apart from China, other major markets for semiconductor exports are Singapore, Malaysia, United States, South Korea, Japan, Germany and the United States. Japan is the second leading semiconductor supplier in the world. As per the global import export data reports, Japan has exported around $12 Billion worth of semiconductor devices during FY 2022. Japan was followed by Malaysia ($9.5 Billion), Germany ($8 Billion), and Taiwan ($6.5 Billion). According to the latest China import export data reports, China exported around $6 Billion worth of semiconductor devices exports during May 2023 while imports were around $2.2 Billion during this period. Our China export data reflects that the Netherlands was the top importer of semiconductor devices from Ch...