Most Traded Goods
Semiconductors make up 15% of total goods traded in the world.
A recent Deutsche Bank Research Report highlights just how important semiconductors are in global trade.
Prior to 2015, only computers and crude oil were more heavily traded. Since then, semi share of global goods trade rose from 13% to 15% with computers making up 12% of global trade and petroleum making up 9%.
At the same time, semiconductor prices have fallen approximately 60% below their 1995 price level.
h/t @ecommerceshares