HS Icon Monolithic integrated circuits, except digital

854219 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Monolithic integrated circuits, except digital. In 2019, Monolithic integrated circuits, except digital were the world's 112th most traded product, with a total trade of $23.6B. Between 2018 and 2019 the exports of Monolithic integrated circuits, except digital decreased by -42.6%, from $41.1B to $23.6B. Trade in Monolithic integrated circuits, except digital represent 0.13% of total world trade.

Exports In 2019 the top exporters of Monolithic integrated circuits, except digital  were Malaysia ($7.81B), China ($3.33B), South Korea ($2.62B), Mexico ($2.19B), and Chinese Taipei ($2.04B).

Imports In 2019 the top importers of Monolithic integrated circuits, except digital were Mexico ($21.3B), United States ($1.65B), Hong Kong ($244M), China ($59.7M), and Netherlands ($52.3M).

Tariffs In 2018 the average tariff for Monolithic integrated circuits, except digital was 0.5%, making it the 6412th lowest tariff using the HS6 product classification.

Ranking Monolithic integrated circuits, except digital ranks 817th in the Product Complexity Index (PCI).

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Malaysia, $7.81B

Top Destination (2019): Mexico, $21.3B

Monolithic integrated circuits, except digital are the world's 112th most traded product.

In 2019, the top exporters of Monolithic integrated circuits, except digital were Malaysia ($7.81B), China ($3.33B), South Korea ($2.62B), Mexico ($2.19B), and Chinese Taipei ($2.04B).

In 2019, the top importers of Monolithic integrated circuits, except digital were Mexico ($21.3B), United States ($1.65B), Hong Kong ($244M), China ($59.7M), and Netherlands ($52.3M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Malaysia, $1.96B

Top Destination Growth (2018 - 2019): Mexico, $2.29B

Between 2018 and 2019, the exports of Monolithic integrated circuits, except digital grew the fastest in Malaysia ($1.96B), Vietnam ($759M), Mexico ($96.8M), Israel ($25.9M), and Egypt ($5.19M).

Between 2018 and 2019, the fastest growing importers of Monolithic integrated circuits, except digital were Mexico ($2.29B), Nigeria ($25.5M), Saudi Arabia ($8.77M), Egypt ($3.35M), and Turkey ($2.55M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

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

In 2019,  market concentration measured using Shannon Entropy, was 3.14. This means that most of the exports of Monolithic integrated circuits, except digital are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2019): Malaysia, $7.78B

TOP NET IMPORTER (2019): Mexico, $19.1B

This map shows which countries export or import more of Monolithic integrated circuits, except digital. Each country is colored based on the difference in exports and imports of Monolithic integrated circuits, except digital during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Monolithic integrated circuits, except digital were Malaysia ($7.78B), China ($3.28B), South Korea ($2.61B), Chinese Taipei ($2.03B), and Vietnam ($1.5B).

In 2019, the countries that had a largest trade value in imports than in exports of Monolithic integrated circuits, except digital were Mexico ($19.1B), United States ($570M), Hong Kong ($203M), Saudi Arabia ($42.4M), and Netherlands ($31.9M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Monolithic integrated circuits, except digital was 0.5%. The countries with the highest tariffs for importing Monolithic integrated circuits, except digital were Sweden (2.5%), Austria (0%), Finland (0%), Latvia (0%), and Turkmenistan (0%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.