DOUGLAS, SOUTH LANARKSHIRE, SCOTLAND -- US printed circuit assembly imports fell 3% year-over-year to $15.38 billion in 2015, according to a new report.

The dip continues a roller coaster ride ongoing since 2007, says IndexBox Marketing.

From a peak in 2007, US printed circuit assembly imports experienced a significant drop in 2008, followed by slight growth in 2009. Imports rose again in 2010, only to suffer a dramatic fall in 2011. The next two years showed minimal fluctuations, until imports hiked in 2014 and slightly declined in 2015.

Through it all, the US remains one of the most attractive destinations for overseas suppliers. The country remains a net importer of printed circuit assemblies, as a decline in the trade deficit from 2007 to 2012 was followed by growth from 2013 to 2015. The industry ended 2015 with a trade deficit of $14.5 billion.

In 2015, China ($8.84 billion) was the dominating supplier of printed circuit assemblies to the US, making up 58% of US imports. Korea was next, at $1.89 billion (12%), followed by Taiwan ($804 million), Malaysia ($688 million), and Mexico ($646 million).

Between 2007 and 2015, China had the highest growth rates of imports among the major suppliers, with a CAGR of 2.8%. Other major supplying countries showed negative dynamics. Malaysia's imports declined the most, down 17.9% over the past seven years.

China share of imports to the US increased from 46% in 2007 to 57% in 2015. Meanwhile, Malaysia and Taiwan saw their shares reduced. Market shares of the other countries remained relatively stable throughout the analyzed period.

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