HS Icon Integrated Circuits in  Flag South Korea

2020
Exports | Imports
: $89.1B | $38.6B, World Rnk 3 / 222
Flag Rnk 1 / 1207 | World Rnk 5 / 223
Flag Rnk 2 / 1211

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.61B | $1.99B, China |  Chinese Taipei

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Integrated Circuits
: 1.41, Rnk 75 / 1029

Exports In 2020, South Korea exported $89.1B in Integrated Circuits, making it the 3rd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most exported product in South Korea. The main destination of Integrated Circuits exports from South Korea are: China ($37.5B), Hong Kong ($18.4B), Vietnam ($10.5B), Chinese Taipei ($6.9B), and Singapore ($3.61B).

The fastest growing export markets for Integrated Circuits of South Korea between 2019 and 2020 were China ($3.61B), Chinese Taipei ($2.1B), and Singapore ($735M).

Imports In 2020, South Korea imported $38.6B in Integrated Circuits, becoming the 5th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 2nd most imported product in South Korea. South Korea imports Integrated Circuits primarily from: China ($16.3B), Chinese Taipei ($9.71B), United States ($2.94B), Singapore ($2.83B), and Japan ($2.26B).

The fastest growing import markets in Integrated Circuits for South Korea between 2019 and 2020 were Chinese Taipei ($1.99B), China ($1.28B), and Singapore ($1.05B).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (September 2021 - September 2022): $-662M, (-6.29%)

IMPORT GROWTH (September 2021 - September 2022): $1.33B, (30.3%)

MAIN DESTINATION (September 2022): China, $4.27B

This section shows Integrated Circuits's exports and imports data at subnational level for South Korea. 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 (2020): $89.1B

IMPORTS (2020): $38.6B

NET TRADE (2020): $50.5B

In 2020, South Korea exported $89.1B in Integrated Circuits. The main destinations of South Korea exports on Integrated Circuits were China ($37.5B), Hong Kong ($18.4B), Vietnam ($10.5B), Chinese Taipei ($6.9B), and Singapore ($3.61B).

In 2020, South Korea imported $38.6B in Integrated Circuits, mainly from China ($16.3B), Chinese Taipei ($9.71B), United States ($2.94B), Singapore ($2.83B), and Japan ($2.26B).

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Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY South Korea WERE (2019 - 2020):

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Market Concentration

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Flow
Type

In 2020, South Korea's main exporting competitors in Integrated Circuits were:

In 2020, South Korea's main importing competitors in Integrated Circuits were:

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