HS Icon Integrated Circuits in  Flag China

2019
Exports | Imports
: $108B | $123B, World Rnk 2 / 218
Flag Rnk 3 / 1216 | World Rnk 2 / 225
Flag Rnk 2 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.87B | $3.11B, Hong Kong |  Ireland

2019
ECONOMIC COMPLEXITY of China
: 1, Rnk 30 / 147

2019
PRODUCT COMPLEXITY  IN Integrated Circuits
: 1.15, Rnk 127 / 1029

Exports In 2019, China exported $108B 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 ($42B), South Korea ($15.1B), Chinese Taipei ($14.1B), Vietnam ($8.78B), and Malaysia ($5.93B).

The fastest growing export markets for Integrated Circuits of China between 2018 and 2019 were Hong Kong ($3.87B), Vietnam ($3.64B), and Chinese Taipei ($3.18B).

Imports In 2019, China imported $123B 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 ($33.8B), Chinese Taipei ($32.6B), Malaysia ($10.1B), Singapore ($9.5B), and United States ($8.47B).

The fastest growing import markets in Integrated Circuits for China between 2018 and 2019 were Ireland ($3.11B), Chinese Taipei ($2.12B), and United States ($2.01B).

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%).

July 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (July 2020 - July 2021): $7.69B, (131%)

IMPORT GROWTH (July 2020 - July 2021): $6.19B, (21.1%)

MAIN EXPORTER (July 2021): Jiangsu Province, $3.08B

MAIN DESTINATION (July 2021): Hong Kong, $5.98B

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 (2019): $108B

IMPORTS (2019): $123B

NET TRADE (2019): -$15.3B

In 2019, China exported $108B in Integrated Circuits. The main destinations of China exports on Integrated Circuits were Hong Kong ($42B), South Korea ($15.1B), Chinese Taipei ($14.1B), Vietnam ($8.78B), and Malaysia ($5.93B).

In 2019, China imported $123B in Integrated Circuits, mainly from South Korea ($33.8B), Chinese Taipei ($32.6B), Malaysia ($10.1B), Singapore ($9.5B), and United States ($8.47B).

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IN 2019, China HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:

IN 2019, China HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:

Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR China WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY China WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2019, China's main exporting competitors in Integrated Circuits were:

In 2019, China's main importing competitors in Integrated Circuits were:

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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 (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%).