HS Icon Integrated Circuits in  Flag China

2021
Exports | Imports
: $158B | $171B, World Rnk 2 / 224
Flag Rnk 3 / 1215 | World Rnk 2 / 224
Flag Rnk 2 / 1214

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $20.4B | $10.6B, Hong Kong |  South Korea

2021
ECONOMIC COMPLEXITY of China
: 1.07, Rnk 25 / 131

2021
PRODUCT COMPLEXITY IN Integrated Circuits
: 1.49, Rnk 56 / 1029

Exports In 2021, China exported $158B 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 ($68.2B), South Korea ($20.8B), Chinese Taipei ($20.8B), Vietnam ($12.9B), and Malaysia ($8.45B).

The fastest growing export markets for Integrated Circuits of China between 2020 and 2021 were Hong Kong ($20.4B), Chinese Taipei ($4.71B), and South Korea ($4.49B).

Imports In 2021, China imported $171B 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 ($49.2B), South Korea ($48.1B), Singapore ($14.2B), United States ($12.5B), and Malaysia ($11.2B).

The fastest growing import markets in Integrated Circuits for China between 2020 and 2021 were South Korea ($10.6B), Chinese Taipei ($6.96B), and Singapore ($3.59B).

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%).

February 2023

Subnational Monthly Trade

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EXPORT GROWTH (February 2022 - February 2023): $-1.13B, (-10.3%)

IMPORT GROWTH (February 2022 - February 2023): $-5.7B, (-19%)

MAIN EXPORTER (February 2023): Guangdong Province, $2.14B

MAIN DESTINATION (February 2023): Hong Kong, $3.36B

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 (2021): $158B

IMPORTS (2021): $171B

NET TRADE (2021): -$13.3B

In 2021, China exported $158B in Integrated Circuits. The main destinations of China exports on Integrated Circuits were Hong Kong ($68.2B), South Korea ($20.8B), Chinese Taipei ($20.8B), Vietnam ($12.9B), and Malaysia ($8.45B).

In 2021, China imported $171B in Integrated Circuits, mainly from Chinese Taipei ($49.2B), South Korea ($48.1B), Singapore ($14.2B), United States ($12.5B), and Malaysia ($11.2B).

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Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR China WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY China WERE (2020 - 2021):

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Market Concentration

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In 2021, China's main exporting competitors in Integrated Circuits were:

In 2021, China's main importing competitors in Integrated Circuits were:

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