Overview In August 2022 China's Integrated Circuits exports accounted up to $11.9B and imports accounted up to $33.3B, resulting in a negative trade balance of $21.4B. Between August 2021 and August 2022 the exports of China's Integrated Circuits have decreased by $-2.47B (-17.2%) from $14.3B to $11.9B, while imports decreased by $-4.75B (-12.5%) from $38B to $33.3B.
Destinations In August 2022, Integrated Circuits were exported mostly to Hong Kong ($3.57B), South Korea ($2.08B), Taiwan ($1.65B), Vietnam ($1.13B), and Malaysia ($1.08B), and were imported mostly from Taiwan ($13B), South Korea ($6.95B), China ($3.67B), Malaysia ($2.27B), and Japan ($1.66B).
Growth In August 2022, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Philippines ($-26.2M or -18.4%), Finland ($-7.86M or -57%), and Spain ($-1.71M or -48.1%). In August 2022, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Israel ($-95.2M or -33.9%), Norway ($-768k or -87.4%), and Kuwait ($-95k or -80.9%).