Overview This page contains the latest trade data of Integrated Circuits. In 2020, Integrated Circuits were the world's 1st most traded product, with a total trade of $669B. Between 2019 and 2020 the exports of Integrated Circuits grew by 9.73%, from $610B to $669B. Trade in Integrated Circuits represent 4% of total world trade.
Integrated Circuits are a part of Electrical machinery and electronics. They include Monolithic integrated circuits, digital, Monolithic integrated circuits, except digital, Parts of electronic integrated circuits etc, Hybrid integrated circuits, and Electronic integrated circuits/microassemblies, nes.
Exports In 2020 the top exporters of Integrated Circuits were Chinese Taipei ($138B), China ($120B), South Korea ($89.1B), Malaysia ($65B), and Singapore ($62.7B).
Imports In 2020 the top importers of Integrated Circuits were Hong Kong ($162B), China ($144B), Singapore ($51.1B), Chinese Taipei ($48.6B), and South Korea ($38.6B).
Tariffs In 2018 the average tariff for Integrated Circuits was 2.66%, making it the 1178th lowest tariff using the HS4 product classification.
Ranking Integrated Circuits ranks 71st in the Product Complexity Index (PCI).
Description Electronic integrated circuits are used in the production of other goods. They can be made from a variety of materials, including silicon, gallium arsenide, and gallium nitride.