Integrated Circuits in   South Korea

Overview In December 2024 South Korea's Integrated Circuits exports accounted up to $11.7B and imports accounted up to $5.78B, resulting in a positive trade balance of $5.89B. Between December 2023 and December 2024 the exports of South Korea's   Integrated Circuits have increased by $2.67B (29.6%) from $9B to $11.7B, while imports increased by $1.59B (37.9%) from $4.19B to $5.78B.

Destinations In December 2024, Integrated Circuits were exported mostly to China ($3.6B), Chinese Taipei ($2.89B), Hong Kong ($2.33B), Vietnam ($1.41B), and Singapore ($336M), and were imported mostly from Chinese Taipei ($2.28B), China ($1.88B), Japan ($614M), Singapore ($260M), and United States ($245M).

Growth In December 2024, the increase in Integrated Circuits's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($1.25B or 204%), China ($952M or 40.5%), and Chinese Taipei ($319M or 67.4%). In December 2024, the increase in Integrated Circuits's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($353M or 30.1%), Singapore ($79.3M or 37.7%), and Hong Kong ($71.2M or 149%).