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Monolithic integrated circuits, digital

854211 (Harmonized System 1992 for 6-digit)

2023
World Trade $881BRnk 3 / 4644
2023
Top Exporter | Top Importer $210B | $198BChinese Taipei | China
2023
Product Complexity 1.02Rnk 741 / 4656
2022 - 2023
Export Growth (CAGR) -11.8%Rnk 2908 / 4644
2023
Share of World Trade 3.9%Rnk 3 / 4644

About

Overview This page contains the latest trade data of Monolithic integrated circuits, digital. In 2023, Monolithic integrated circuits, digital were the world's 3rd most traded product, with a total trade of $881B. Between 2022 and 2023 the exports of Monolithic integrated circuits, digital decreased by -11.8%, from $999B to $881B. Trade in Monolithic integrated circuits, digital represent 3.9% of total world trade.

Monolithic integrated circuits, digital are a part of Integrated Circuits.

Exports In 2023 the top exporters of Monolithic integrated circuits, digital  were Chinese Taipei ($210B), China ($148B), South Korea ($132B), Malaysia ($77B), and Singapore ($62.6B).

Imports In 2023 the top importers of Monolithic integrated circuits, digital were China ($198B), Hong Kong ($197B), Singapore ($82.4B), Chinese Taipei ($59.9B), and South Korea ($49B).

Ranking Monolithic integrated circuits, digital ranks 741st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Monolithic integrated circuits, digital. 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)Chinese Taipei$210B
Top Destination (2023)China$198B

In 2023 Monolithic integrated circuits, digital were the world's 3rd most traded product (out of 4,644).

In 2023, the top exporters of Monolithic integrated circuits, digital were Chinese Taipei ($210B), China ($148B), South Korea ($132B), Malaysia ($77B), and Singapore ($62.6B).

In 2023, the top importers of Monolithic integrated circuits, digital were China ($198B), Hong Kong ($197B), Singapore ($82.4B), Chinese Taipei ($59.9B), and South Korea ($49B).

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Exporters of Monolithic integrated circuits, digital (2023)
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Importers of Monolithic integrated circuits, digital (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$5.2B
Top Destination Growth (2022 -  2023)India$2.48B

Between 2022 and 2023, the exports of Monolithic integrated circuits, digital grew the fastest in Vietnam ($5.2B), Germany ($2.42B), Hong Kong ($2.16B), Costa Rica ($1.02B), and Netherlands ($958M).

Between 2022 and 2023, the fastest growing importers of Monolithic integrated circuits, digital were India ($2.48B), Belgium ($1.07B), Germany ($1.02B), Thailand ($817M), and Hungary ($450M).

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Exporters of Monolithic integrated circuits, digital (2022 - 2023)

Importers of Monolithic integrated circuits, digital (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Monolithic integrated circuits, digital.

In 2023, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Monolithic integrated circuits, digital are explained by 11 countries.

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Value of Exports in Monolithic integrated circuits, digital

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$150B
TOP NET IMPORTER (2023)Hong Kong$185B

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

In 2023, the countries that had a largest trade value in exports than in imports of Monolithic integrated circuits, digital were Chinese Taipei ($150B), South Korea ($83B), Malaysia ($41.8B), Philippines ($16.5B), and Japan ($15.6B).

In 2023, the countries that had a largest trade value in imports than in exports of Monolithic integrated circuits, digital were Hong Kong ($185B), China ($50.3B), Singapore ($19.8B), Mexico ($19.2B), and India ($18.2B).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Monolithic integrated circuits, digital 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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