Overview In September 2022 China's Integrated Circuits exports accounted up to $14.3B and imports accounted up to $39.2B, resulting in a negative trade balance of $24.9B. Between September 2021 and September 2022 the exports of China's Integrated Circuits have decreased by $-247M (-1.7%) from $14.5B to $14.3B, while imports decreased by $-2.24B (-5.41%) from $41.4B to $39.2B.
Destinations In September 2022, Integrated Circuits were exported mostly to Hong Kong ($5.76B), South Korea ($1.87B), Taiwan ($1.53B), Malaysia ($1.16B), and Vietnam ($1.14B), and were imported mostly from Taiwan ($15.1B), South Korea ($7.79B), China ($4.47B), Malaysia ($2.69B), and Vietnam ($2.02B).
Growth In September 2022, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Philippines ($-26.2M or -18.4%), Finland ($-7.86M or -57%), and Spain ($-1.71M or -48.1%). In September 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%).