HS Icon Integrated Circuits in  Flag Singapore

2020
Exports | Imports
: $62.7B | $51.1B, World Rnk 5 / 222
Flag Rnk 1 / 1195 | World Rnk 3 / 223
Flag Rnk 1 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.78B | $3.53B, Hong Kong |  Chinese Taipei

2020
ECONOMIC COMPLEXITY of Singapore
: 1.84, Rnk 6 / 127

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

Exports In 2020, Singapore exported $62.7B 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 ($28B), China ($10.6B), Malaysia ($5.7B), Chinese Taipei ($4.9B), and South Korea ($2.83B).

The fastest growing export markets for Integrated Circuits of Singapore between 2019 and 2020 were Hong Kong ($3.78B), China ($1.22B), and South Korea ($1.05B).

Imports In 2020, Singapore imported $51.1B 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 ($19.9B), Malaysia ($11.1B), China ($5.55B), Philippines ($4.05B), and South Korea ($3.61B).

The fastest growing import markets in Integrated Circuits for Singapore between 2019 and 2020 were Chinese Taipei ($3.53B), Malaysia ($1.87B), and China ($1.19B).

Subnational Monthly Trade

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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

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EXPORTS (2020): $62.7B

IMPORTS (2020): $51.1B

NET TRADE (2020): $11.6B

In 2020, Singapore exported $62.7B in Integrated Circuits. The main destinations of Singapore exports on Integrated Circuits were Hong Kong ($28B), China ($10.6B), Malaysia ($5.7B), Chinese Taipei ($4.9B), and South Korea ($2.83B).

In 2020, Singapore imported $51.1B in Integrated Circuits, mainly from Chinese Taipei ($19.9B), Malaysia ($11.1B), China ($5.55B), Philippines ($4.05B), and South Korea ($3.61B).

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Flow

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

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

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Market Concentration

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

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

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