HS Code:
Digital Signal Processors (DSPs) are specialized microprocessors designed for the processing of digital signals in real-time. They are widely used in applications such as audio and speech processing, radar and sonar systems, telecommunications, and consumer electronics like smartphones and digital cameras. DSPs fall under HS Code 8542.31, which covers electronic integrated circuits as processors and controllers. The global trade of DSPs is a critical component of the semiconductor industry, driven by demand for advanced computing and communication technologies.
Total Trade Volume
Approximately $15 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$4.5 billion USD
30% of total trade of total trade
Increasing
$3.2 billion USD
21.3% of total trade of total trade
Increasing
$2.8 billion USD
18.7% of total trade of total trade
Stable
$1.5 billion USD
10% of total trade of total trade
Increasing
$1.2 billion USD
8% of total trade of total trade
Stable
Average Rate
3.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for DSPs in 5G technology
Increased production and trade of DSPs to support 5G infrastructure and devices, particularly in telecommunications equipment
2021-2023
Growth in automotive applications
Higher demand for DSPs in advanced driver-assistance systems (ADAS) and in-vehicle infotainment systems, driving trade volumes
2020-2023
Shift towards energy-efficient processors
Manufacturers are focusing on low-power DSPs for IoT devices, influencing trade patterns towards greener technologies
2019-2023
Ongoing trade disputes have led to tariffs and export restrictions on DSPs and other semiconductors, affecting supply chains between the US and China.
Mid-2022
Increased costs for manufacturers and potential delays in supply chains, prompting diversification of sourcing strategies.
The European Union introduced the EU Chips Act to enhance semiconductor production, including DSPs, within the region to reduce dependency on Asian suppliers.
February 2023
Likely to increase intra-EU trade and investment in DSP manufacturing, potentially reshaping global trade flows.
Major DSP manufacturers like Texas Instruments and Analog Devices have released new AI-optimized DSPs for edge computing applications.
Late 2022
Expected to drive demand and trade in specialized DSPs for AI and machine learning applications across multiple industries.