Integrated Circuits in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $1.23B in Integrated Circuits, making it the 22nd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 74th most exported product in Canada. The main destination of Integrated Circuits exports from Canada are: United States ($529M), Singapore ($111M), Hong Kong ($101M), Netherlands ($73.1M), and Chinese Taipei ($65.1M).

The fastest growing export markets for Integrated Circuits of Canada between 2021 and 2022 were Singapore ($80.9M), United States ($51.2M), and Chinese Taipei ($38.5M).

Imports In 2022, Canada imported $2.76B in Integrated Circuits, becoming the 23rd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 34th most imported product in Canada. Canada imports Integrated Circuits primarily from: United States ($1.03B), Chinese Taipei ($387M), China ($279M), Malaysia ($248M), and Philippines ($161M).

The fastest growing import markets in Integrated Circuits for Canada between 2021 and 2022 were Chinese Taipei ($164M), United States ($142M), and China ($97.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Integrated Circuits from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Integrated Circuits exports accounted up to C$87.8M and imports accounted up to C$211M, resulting in a negative trade balance of C$123M. Between January 2023 and January 2024 the exports of Canada's Integrated Circuits have decreased by C$-32.8M (-27.2%) from C$121M to C$87.8M, while imports decreased by C$-14.8M (-6.55%) from C$226M to C$211M.

Destinations In January 2024, Integrated Circuits were exported mostly to United States (C$29.9M), Netherlands (C$10.1M), Taiwan (C$9.72M), Czechia (C$9.19M), and Singapore (C$8.97M), and were imported mostly from South Korea (C$40.1M), Malaysia (C$34.6M), United States (C$29.7M), Taiwan (C$26.4M), and China (C$19.3M).

Growth In January 2024, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to United States (C$-9.06M or -27.3%), Hong Kong (C$-6.83M or -60.1%), and Germany (C$-1.15M or -71%). In January 2024, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from United States (C$-15.1M or -38.3%), China (C$-13.6M or -37.4%), and Malaysia (C$-13.3M or -31%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-32.8M(-27.2%)

IMPORT GROWTH (January 2023 - January 2024)C$-14.8M(-6.55%)

MAIN EXPORTER (January 2024)QuebecC$57.4M

MAIN DESTINATION (January 2024)United StatesC$29.9M

This section shows Integrated Circuits's exports and imports data at subnational level for Canada. 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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