2022
Exports
$674MWorld Rnk 27 / 226
Flag Rnk 125 / 1212
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$15.4BWorld Rnk 13 / 225
Flag Rnk 6 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $674M in Integrated Circuits, making it the 27th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 125th most exported product in India. The main destination of Integrated Circuits exports from India are: France ($106M), Hong Kong ($86.5M), United Arab Emirates ($64.4M), Malaysia ($59.2M), and United States ($31.7M).

The fastest growing export markets for Integrated Circuits of India between 2021 and 2022 were France ($97.2M), Malaysia ($49M), and Lithuania ($28.9M).

Imports In 2022, India imported $15.4B in Integrated Circuits, becoming the 13th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 6th most imported product in India. India imports Integrated Circuits primarily from: China ($4.56B), Hong Kong ($4B), South Korea ($2.23B), Singapore ($1.56B), and Chinese Taipei ($937M).

The fastest growing import markets in Integrated Circuits for India between 2021 and 2022 were China ($1.23B), South Korea ($1.01B), and Chinese Taipei ($410M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (1) and AMAZON SERVICES LLC (1) were at the forefront of shipping Integrated Circuits from India to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Integrated Circuits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$674M
IMPORTS (2022)$15.4B
NET TRADE (2022)-$14.8B

In 2022, India exported $674M in Integrated Circuits. The main destinations of India exports on Integrated Circuits were France ($106M), Hong Kong ($86.5M), United Arab Emirates ($64.4M), Malaysia ($59.2M), and United States ($31.7M).

In 2022, India imported $15.4B in Integrated Circuits, mainly from China ($4.56B), Hong Kong ($4B), South Korea ($2.23B), Singapore ($1.56B), and Chinese Taipei ($937M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR India WERE (2021 - 2022):
France$97.2M (1.08k%)
Malaysia$49M (481%)
Lithuania$28.9M (8.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY India WERE (2021 - 2022):
Vietnam-$36.5M (-56.6%)
United Kingdom-$30.1M (-74.5%)
United Arab Emirates-$15.4M (-19.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Integrated Circuits were:
In 2022, India's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

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