HS Icon Integrated Circuits in  Flag Singapore

2019
Exports | Imports
: $55.4B | $43.5B, World Rnk 5 / 218
Flag Rnk 1 / 1197 | World Rnk 3 / 225
Flag Rnk 1 / 1207

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $311M | $448M, Vietnam |  Chinese Taipei

2019
ECONOMIC COMPLEXITY of Singapore
: 1.78, Rnk 6 / 147

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

Exports In 2019, Singapore exported $55.4B in Integrated Circuits, making it the 5th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most exported product in Singapore. The main destination of Integrated Circuits exports from Singapore are: Hong Kong ($24.2B), China ($9.5B), Malaysia ($5.97B), Chinese Taipei ($4.14B), and South Korea ($1.81B).

The fastest growing export markets for Integrated Circuits of Singapore between 2018 and 2019 were Vietnam ($311M), India ($158M), and Brazil ($63.5M).

Imports In 2019, Singapore imported $43.5B in Integrated Circuits, becoming the 3rd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most imported product in Singapore. Singapore imports Integrated Circuits primarily from: Chinese Taipei ($16.3B), Malaysia ($9.26B), Philippines ($4.35B), China ($4.34B), and South Korea ($2.86B).

The fastest growing import markets in Integrated Circuits for Singapore between 2018 and 2019 were Chinese Taipei ($448M), Canada ($63.3M), and United States ($37.8M).

Historical Data

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EXPORTS (2019): $55.4B

IMPORTS (2019): $43.5B

NET TRADE (2019): $11.9B

In 2019, Singapore exported $55.4B in Integrated Circuits. The main destinations of Singapore exports on Integrated Circuits were Hong Kong ($24.2B), China ($9.5B), Malaysia ($5.97B), Chinese Taipei ($4.14B), and South Korea ($1.81B).

In 2019, Singapore imported $43.5B in Integrated Circuits, mainly from Chinese Taipei ($16.3B), Malaysia ($9.26B), Philippines ($4.35B), China ($4.34B), and South Korea ($2.86B).

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

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

Flow

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

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

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Market Concentration

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

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

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Tariffs by Country

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In 2018, the tariffs for Integrated Circuits in the imports of Singapore were of 0% around the world.