Most Traded Goods

A recent Deutsche Bank Research Report highlights just how important semiconductors are in global trade.

Semiconductors are the most traded good in the world and represent 15% of total goods traded.

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.

Global trade prices for semiconductors over time.

h/t @ecommerceshares