HS Icon Integrated Circuits in  Flag China

2020
Exports | Imports
: $120B | $144B, World Rnk 2 / 222
Flag Rnk 3 / 1215 | World Rnk 2 / 223
Flag Rnk 2 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $5.95B | $9.65B, Hong Kong |  Chinese Taipei


ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127


PRODUCT COMPLEXITY  IN Integrated Circuits
: 1.46, Rnk 62 / 1028

Exports In 2020, China exported $120B in Integrated Circuits, making it the 2nd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 3rd most exported product in China. The main destination of Integrated Circuits exports from China are: Hong Kong ($47.9B), South Korea ($16.3B), Chinese Taipei ($16.1B), Vietnam ($12B), and Malaysia ($6.18B).

The fastest growing export markets for Integrated Circuits of China between 2019 and 2020 were Hong Kong ($5.95B), Vietnam ($3.3B), and Chinese Taipei ($1.95B).

Imports In 2020, China imported $144B in Integrated Circuits, becoming the 2nd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 2nd most imported product in China. China imports Integrated Circuits primarily from: Chinese Taipei ($42.2B), South Korea ($37.5B), Singapore ($10.6B), United States ($10.4B), and Malaysia ($10.4B).

The fastest growing import markets in Integrated Circuits for China between 2019 and 2020 were Chinese Taipei ($9.65B), South Korea ($3.61B), and Vietnam ($2.05B).

Tariffs In 2018, the average tariff for China in Integrated Circuits was 1.26%. The countries with the highest import tariffs for Integrated Circuits were Pakistan (Preferential tariff for Pakistan, 2.68%), India (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 2.18%), South Korea (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 2.18%), Sri Lanka (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 2.18%), and Australia (Preferential tariff for Australia, 2%).

July 2022

Subnational Monthly Trade

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Time Scale
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Value

EXPORT GROWTH (July 2021 - July 2022): $-797M, (-5.87%)

IMPORT GROWTH (July 2021 - July 2022): $-995M, (-2.8%)

MAIN EXPORTER (July 2022): Jiangsu Province, $3.23B

MAIN DESTINATION (July 2022): Hong Kong, $4.31B

This section shows Integrated Circuits's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Integrated Circuits over time.

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Historical Data

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EXPORTS (2020): $120B

IMPORTS (2020): $144B

NET TRADE (2020): -$24.2B

In 2020, China exported $120B in Integrated Circuits. The main destinations of China exports on Integrated Circuits were Hong Kong ($47.9B), South Korea ($16.3B), Chinese Taipei ($16.1B), Vietnam ($12B), and Malaysia ($6.18B).

In 2020, China imported $144B in Integrated Circuits, mainly from Chinese Taipei ($42.2B), South Korea ($37.5B), Singapore ($10.6B), United States ($10.4B), and Malaysia ($10.4B).

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IN 2020, China HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:

IN 2020, China HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:

Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY China WERE (2019 - 2020):

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Market Concentration

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In 2019, China's main exporting competitors in Integrated Circuits were:

In 2019, China's main importing competitors in Integrated Circuits were:

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