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%).