Monolithic integrated circuits, digital854221 (Harmonized System 2002 for 6-digit)
2020 World Trade: $721B, Rnk 1 / 4903
2020 Top Exporter | Top Importer: $155B | $186B, Chinese Taipei | China
2020 Product Complexity: 0.94, Rnk 903 / 5091
2019 - 2020 Export Growth (CAGR): 9.27%, Rnk 538 / 4903
2018 Mean Tariff: 4.73%, Rnk 4408 / 6538
2020 Share of World Trade: 4.26%, Rnk 1 / 4903
Overview This page contains the latest trade data of Monolithic integrated circuits, digital. In 2020, Monolithic integrated circuits, digital were the world's 1st most traded product, with a total trade of $721B. Between 2019 and 2020 the exports of Monolithic integrated circuits, digital grew by 9.27%, from $660B to $721B. Trade in Monolithic integrated circuits, digital represent 4.26% of total world trade.
Monolithic integrated circuits, digital are a part of Integrated Circuits.
Exports In 2020 the top exporters of Monolithic integrated circuits, digital were Chinese Taipei ($155B), China ($109B), South Korea ($109B), Malaysia ($84.8B), and Singapore ($51.8B).
Imports In 2020 the top importers of Monolithic integrated circuits, digital were China ($186B), Hong Kong ($164B), Singapore ($63.4B), Chinese Taipei ($51.9B), and South Korea ($39.3B).
Tariffs In 2018 the average tariff for Monolithic integrated circuits, digital was 4.73%, making it the 4408th lowest tariff using the HS6 product classification.
Ranking Monolithic integrated circuits, digital ranks 903rd in the Product Complexity Index (PCI).
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Chinese Taipei, $155B
Top Destination (2020): China, $186B
Monolithic integrated circuits, digital are the world's 1st most traded product.
In 2020, the top exporters of Monolithic integrated circuits, digital were Chinese Taipei ($155B), China ($109B), South Korea ($109B), Malaysia ($84.8B), and Singapore ($51.8B).
In 2020, the top importers of Monolithic integrated circuits, digital were China ($186B), Hong Kong ($164B), Singapore ($63.4B), Chinese Taipei ($51.9B), and South Korea ($39.3B).
Trade by country
Top Origin Growth (2019 - 2020): Chinese Taipei, $27B
Top Destination Growth (2019 - 2020): China, $24.1B
Between 2019 and 2020, the exports of Monolithic integrated circuits, digital grew the fastest in Chinese Taipei ($27B), China ($10.1B), South Korea ($8.14B), Vietnam ($7.63B), and Singapore ($6.16B).
Between 2019 and 2020, the fastest growing importers of Monolithic integrated circuits, digital were China ($24.1B), Hong Kong ($15.9B), Singapore ($8.45B), Chinese Taipei ($7.46B), and Vietnam ($6.43B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Monolithic integrated circuits, digital.
In 2020, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Monolithic integrated circuits, digital are explained by 11 countries.
TOP NET EXPORTER (2020): Chinese Taipei, $103B
TOP NET IMPORTER (2020): Hong Kong, $159B
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Monolithic integrated circuits, digital were Chinese Taipei ($103B), South Korea ($69.9B), Malaysia ($59.7B), Japan ($21.2B), and Philippines ($13.6B).
In 2020, the countries that had a largest trade value in imports than in exports of Monolithic integrated circuits, digital were Hong Kong ($159B), China ($76.4B), Mexico ($14.6B), Singapore ($11.6B), and India ($7.31B).
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.
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.
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