Exports In 2023, India exported $367M in Integrated Circuits, making it the 34th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 201st most exported product in India. The main destination of Integrated Circuits exports from India are: Hong Kong ($51.3M), United States ($38M), Vietnam ($29.1M), Germany ($20.8M), and South Korea ($17.1M).
The fastest growing export markets for Integrated Circuits of India between 2022 and 2023 were South Korea ($12.3M), Nigeria ($9.54M), and Russia ($4.76M).
Imports In 2023, India imported $18.6B in Integrated Circuits, becoming the 12th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 5th most imported product in India. India imports Integrated Circuits primarily from: China ($9.66B), Chinese Taipei ($3.57B), South Korea ($2.56B), Malaysia ($505M), and Singapore ($492M).
The fastest growing import markets in Integrated Circuits for India between 2022 and 2023 were China ($4.66B), Chinese Taipei ($2.39B), and Malaysia ($372M).
COMPANIES In 2023, leading companies such as Robert Bosch (1) and Amazon (1) were at the forefront of shipping Integrated Circuits from India to the United States.