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854232 (Harmonized System 2007 for 6-digit)

2023
World Trade $171BRnk 14 / 5026
2023
Top Exporter | Top Importer $57.1B | $58.5BSouth Korea | China
2023
Product Complexity 1.54Rnk 160 / 5035
2022 - 2023
Export Growth (CAGR) -12.8%Rnk 3266 / 5026
2023
Share of World Trade 0.75%Rnk 14 / 5026

About

Overview This page contains the latest trade data of Electronic integrated circuits: memories. In 2023, Electronic integrated circuits: memories were the world's 14th most traded product, with a total trade of $171B. Between 2022 and 2023 the exports of Electronic integrated circuits: memories decreased by -12.8%, from $196B to $171B. Trade in Electronic integrated circuits: memories represent 0.75% of total world trade.

Electronic integrated circuits: memories are a part of Electronic integrated circuits.

Exports In 2023 the top exporters of Electronic integrated circuits: memories  were South Korea ($57.1B), China ($47.8B), Chinese Taipei ($29B), Japan ($13.2B), and Singapore ($10.4B).

Imports In 2023 the top importers of Electronic integrated circuits: memories were China ($58.5B), Hong Kong ($33.5B), Chinese Taipei ($23B), South Korea ($17.1B), and Singapore ($11B).

Ranking Electronic integrated circuits: memories ranks 160th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electronic integrated circuits: memories. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)South Korea$57.1B
Top Destination (2023)China$58.5B

In 2023 Electronic integrated circuits: memories were the world's 14th most traded product (out of 5,026).

In 2023, the top exporters of Electronic integrated circuits: memories were South Korea ($57.1B), China ($47.8B), Chinese Taipei ($29B), Japan ($13.2B), and Singapore ($10.4B).

In 2023, the top importers of Electronic integrated circuits: memories were China ($58.5B), Hong Kong ($33.5B), Chinese Taipei ($23B), South Korea ($17.1B), and Singapore ($11B).

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Exporters of Electronic integrated circuits: memories (2023)
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Importers of Electronic integrated circuits: memories (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$706M
Top Destination Growth (2022 -  2023)France$49.1M

Between 2022 and 2023, the exports of Electronic integrated circuits: memories grew the fastest in Chinese Taipei ($706M), Mexico ($15M), Brazil ($7.77M), Canada ($5.85M), and Thailand ($4.28M).

Between 2022 and 2023, the fastest growing importers of Electronic integrated circuits: memories were France ($49.1M), Czechia ($48.8M), Romania ($17.6M), Spain ($16.3M), and Bangladesh ($12.9M).

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Exporters of Electronic integrated circuits: memories (2022 - 2023)

Importers of Electronic integrated circuits: memories (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electronic integrated circuits: memories.

In 2023, market concentration measured using Shannon Entropy, was 2.54. This means that most of the exports of Electronic integrated circuits: memories are explained by 5 countries.

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Value of Exports in Electronic integrated circuits: memories

Net Trade

TOP NET EXPORTER (2023)South Korea$40B
TOP NET IMPORTER (2023)Hong Kong$31.8B

This map shows which countries export or import more of Electronic integrated circuits: memories. Each country is colored based on the difference in exports and imports of Electronic integrated circuits: memories during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electronic integrated circuits: memories were South Korea ($40B), Japan ($10.6B), Chinese Taipei ($5.96B), United States ($597M), and Thailand ($571M).

In 2023, the countries that had a largest trade value in imports than in exports of Electronic integrated circuits: memories were Hong Kong ($31.8B), China ($10.7B), Vietnam ($4.27B), India ($3.15B), and Malaysia ($2.15B).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electronic integrated circuits: memories.
It is possible to select the main countries that export or import Electronic integrated circuits: memories in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electronic integrated circuits: memories by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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