2021
Exports | Imports
$77B | $65.2BWorld Rnk 4 / 224
Flag Rnk 1 / 1195 | World Rnk 3 / 224
Flag Rnk 1 / 1206
2021
ECONOMIC COMPLEXITY of Singapore
1.74Rnk 6 / 131
2021
PRODUCT COMPLEXITY IN Integrated Circuits
1.45Rnk 62 / 1024

About

Exports In 2021, Singapore exported $77B in Integrated Circuits, making it the 4th 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 ($38.9B), China ($14.2B), Chinese Taipei ($6.11B), Malaysia ($4.6B), and South Korea ($2.55B).

The fastest growing export markets for Integrated Circuits of Singapore between 2020 and 2021 were Hong Kong ($11B), China ($3.59B), and Chinese Taipei ($1.98B).

Imports In 2021, Singapore imported $65.2B 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 ($27B), Malaysia ($14.7B), China ($6.26B), South Korea ($5.27B), and Philippines ($4.63B).

The fastest growing import markets in Integrated Circuits for Singapore between 2020 and 2021 were Chinese Taipei ($7.07B), Malaysia ($3.64B), and South Korea ($1.67B).

Latest Trends

Sep 2023

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 (2021)$77B
IMPORTS (2021)$65.2B
NET TRADE (2021)$11.9B

In 2021, Singapore exported $77B in Integrated Circuits. The main destinations of Singapore exports on Integrated Circuits were Hong Kong ($38.9B), China ($14.2B), Chinese Taipei ($6.11B), Malaysia ($4.6B), and South Korea ($2.55B).

In 2021, Singapore imported $65.2B in Integrated Circuits, mainly from Chinese Taipei ($27B), Malaysia ($14.7B), China ($6.26B), South Korea ($5.27B), and Philippines ($4.63B).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Singapore WERE (2020 - 2021):
Hong Kong$11B (39.2%)
China$3.59B (34%)
Chinese Taipei$1.98B (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Singapore WERE (2020 - 2021):
Malaysia-$1.06B (-18.7%)
South Korea-$267M (-9.48%)
Vietnam-$80.6M (-13.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Singapore's main exporting competitors in Integrated Circuits were:
In 2021, Singapore's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

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