HS Icon Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits

854231 (Harmonized System 2007 for 6-digit)

Overview This page contains the latest trade data of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits. In 2020, Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were the world's 6th most traded product, with a total trade of $260B. Between 2019 and 2020 the exports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits grew by 6.78%, from $244B to $260B. Trade in Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits represent 1.54% of total world trade.

Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits are a part of Electronic integrated circuits..

Exports In 2020 the top exporters of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits  were Malaysia ($48.8B), Chinese Taipei ($33.9B), China ($33.8B), United States ($25B), and South Korea ($24B).

Imports In 2020 the top importers of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were China ($54.2B), Hong Kong ($53.4B), United States ($20.4B), South Korea ($17.5B), and Singapore ($17.3B).

Tariffs In 2018 the average tariff for Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits was 3.29%, making it the 5624th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits are Bahamas (40.2%), Bermuda (25%), Montserrat (23.8%), and Mauritania (20%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), United Arab Emirates (0%), and Armenia (0%).

Ranking Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits ranks 1677th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Malaysia, $48.8B

Top Destination (2020): China, $54.2B

Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits are the world's 6th most traded product.

In 2020, the top exporters of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were Malaysia ($48.8B), Chinese Taipei ($33.9B), China ($33.8B), United States ($25B), and South Korea ($24B).

In 2020, the top importers of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were China ($54.2B), Hong Kong ($53.4B), United States ($20.4B), South Korea ($17.5B), and Singapore ($17.3B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): South Korea, $4.61B

Top Destination Growth (2019 - 2020): Singapore, $5.54B

Between 2019 and 2020, the exports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits grew the fastest in South Korea ($4.61B), China ($4.37B), Singapore ($3.57B), Israel ($1.99B), and Ireland ($1.47B).

Between 2019 and 2020, the fastest growing importers of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were Singapore ($5.54B), Vietnam ($3.94B), China ($2.73B), South Korea ($2.71B), and Malaysia ($2.51B).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits.

In 2020,  market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits are explained by 13 countries.

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TOP NET EXPORTER (2020): Malaysia, $37.1B

TOP NET IMPORTER (2020): Hong Kong, $50.6B

This map shows which countries export or import more of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits. Each country is colored based on the difference in exports and imports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were Malaysia ($37.1B), Chinese Taipei ($25B), Ireland ($10.4B), South Korea ($6.56B), and Philippines ($4.77B).

In 2020, the countries that had a largest trade value in imports than in exports of Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were Hong Kong ($50.6B), China ($20.4B), Mexico ($11.9B), India ($4.11B), and Netherlands ($2.79B).

Disaggregation

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Value

In 2019, the world most traded Electronic integrated circuits: processors and controllers,..., disaggragated by their HS6 level were Electronic integrated circuits, processors &... ($260B)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits.
It is possible to select the main countries that export or import Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits was 3.29%. The countries with the highest tariffs for importing Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits were Bahamas (40.2%), Bermuda (25%), Montserrat (23.8%), and Mauritania (20%).

Product Complexity

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Diversification Frontier

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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.