Integrated Circuits in China

EXPORTS (2018): $90.9B, World Rnk 3 / 206
Flag Rnk 4 / 1218

TOP DESTINATION (2018): $38.2B, Hong Kong

FASTEST GROWING MARKET (2017 - 2018): $3.18B, Hong Kong

IMPORTS (2018): $133B, World Rnk 2 / 215
Flag Rnk 2 / 1216

TOP ORIGIN (2018): $47.6B, South Korea

FASTEST GROWING ORIGIN (2017 - 2018): $1.35B, South Korea

ECONOMIC COMPLEXITY of China (2018): 0.89, Rnk 30 / 137

PRODUCT COMPLEXITY  IN Integrated Circuits (2018): 1.4, Rnk 66 / 1018

Overview: This page contains the latest trade data of Integrated Circuits in China.

Exports: In 2018, China exported $90.9B in Integrated Circuits, making it the 3rd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 4th most exported product in China. The main destination of Integrated Circuits exports from China are: Hong Kong ($38.2B), South Korea ($12B), Chinese Taipei ($11B), Vietnam ($5.79B), and Malaysia ($5.27B).

The fastest growing export markets for Integrated Circuits of China between 2017 and 2018 were Hong Kong ($3.18B), Chinese Taipei ($2.24B), and South Korea ($1.82B).

Imports: In 2018, China imported $133B 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: South Korea ($47.6B), Chinese Taipei ($30.4B), Malaysia ($10.6B), Singapore ($9.76B), and Japan ($7.96B).

The fastest growing import markets in Integrated Circuits for China between 2017 and 2018 were South Korea ($1.35B), Vietnam ($1.33B), and Israel ($395M).

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 (2.68%), India (2.18%), South Korea (2.18%), Sri Lanka (2.18%), and Australia (2%).

Overview: In July 2020 China's Integrated Circuits exports accounted up to $5.89B and imports accounted up to $29.4B, resulting in a negative trade balance of $23.5B. Between July 2019 and July 2020 the exports of China's   Integrated Circuits have increased by $578M (10.9%) from $5.31B to $5.89B, while imports increased by $3B (11.4%) from $26.3B to $29.4B.

Destinations: In July 2020 Integrated Circuits exported mostly to Taiwan ($1.31B), South Korea ($1.26B), Vietnam ($1.19B), Malaysia ($683M), and Singapore ($433M), and imported mostly from Taiwan ($10.7B), South Korea ($5.94B), China ($3.45B), Malaysia ($2.29B), and Vietnam ($1.47B).

Growth: In July 2020, the increase in Integrated Circuits's year-by-year exports was explained primarily by an increase in exports to Vietnam ($318M or 41.4%), Taiwan ($270M or 27.1%), and Singapore ($226M or 80.7%). In July 2020, the increase in Integrated Circuits's year-by-year imports was explained primarily by an increase in imports from Taiwan ($2.16B or 27.9%), Vietnam ($1.04B or 110%), and South Korea ($606M or 12.3%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $578M, (10.9%)

IMPORT GROWTH (July 2019 - July 2020): $3B, (11.4%)

MAIN EXPORTER (July 2020): Jiangsu Province, $1.62B

MAIN DESTINATION (July 2020): Taiwan, $1.31B

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.

Value

EXPORTS (2018): $90.9B

IMPORTS (2018): $133B

NET TRADE (2018): -$42B

In 2018, China exported $90.9B in Integrated Circuits. The main destinations of China exports on Integrated Circuits were Hong Kong ($38.2B), South Korea ($12B), Chinese Taipei ($11B), Vietnam ($5.79B), and Malaysia ($5.27B).

In 2018, China imported $133B in Integrated Circuits, mainly from South Korea ($47.6B), Chinese Taipei ($30.4B), Malaysia ($10.6B), Singapore ($9.76B), and Japan ($7.96B).

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IN 2018, China HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:

  • Hong Kong, $38B ($38.2B - $164M)
  • India, $2B ($2.01B - $16M)
  • Brazil, $808M ($818M - $9.27M)

IN 2018, China HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:

  • South Korea, -$35.6B ($12B - $47.6B)
  • Chinese Taipei, -$19.5B ($11B - $30.4B)
  • Japan, -$6.08B ($1.88B - $7.96B)
Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR China WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY China WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, China's main exporting competitors in Integrated Circuits were:

In 2018, China's main importing competitors in Integrated Circuits were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Integrated Circuits in China. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for China in Integrated Circuits was 1.26%.

The countries with the highest tariffs for Integrated Circuits in China were Pakistan (2.68%), India (2.18%), South Korea (2.18%), Sri Lanka (2.18%), and Australia (2%).

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