HS Icon Monolithic integrated circuits, except digital

854219 (Harmonized System 1992 for 6-digit)

World Trade (2018): $20.5B, Rnk 128 / 4726

Top Exporter (2018): $13.8B, Philippines

Top Importer (2018): $6.36B, Philippines

Product Complexity (2018): 1.28, Rnk 397 / 4873

Export Growth (CAGR)(2017 - 2018): -86.3%, Rnk 4715 / 4726

Mean Tariff (2018): 0.5%, Rnk 6412 / 6538

Share of World Trade (2018): 0.11%, Rnk 128 / 4726

Overview:  This page contains the latest trade data of Monolithic integrated circuits, except digital. In 2018, Monolithic integrated circuits, except digital were the world's 128th most traded product, with a total trade of $20.5B. Between 2017 and 2018 the exports of Monolithic integrated circuits, except digital decreased by -86.3%, from  $150B to $20.5B. Trade in Monolithic integrated circuits, except digital represent 0.11% of total world trade.

Exports: In 2018 the top exporters of Monolithic integrated circuits, except digital  were Philippines ($13.8B), Chinese Taipei ($2.06B), United States ($1.1B), Japan ($823M), and South Korea ($687M).

Imports: In 2018 the top importers of Monolithic integrated circuits, except digital were Philippines ($6.36B), Hong Kong ($4.32B), Singapore ($1.42B), China ($1.23B), and Netherlands ($1.14B).

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

The countries with the highest import tariffs for Monolithic integrated circuits, except digital are Sweden (2.5%), Austria (0%), Finland (0%), Latvia (0%), and Turkmenistan (0%).

Ranking: Monolithic integrated circuits, except digital ranks 397th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Philippines, $13.8B

Top Destination (2018): Philippines, $6.36B

Monolithic integrated circuits, except digital are the world's 128th most traded product.

In 2018, the top exporters of Monolithic integrated circuits, except digital were Philippines ($13.8B), Chinese Taipei ($2.06B), United States ($1.1B), Japan ($823M), and South Korea ($687M).

In 2018, the top importers of Monolithic integrated circuits, except digital were Philippines ($6.36B), Hong Kong ($4.32B), Singapore ($1.42B), China ($1.23B), and Netherlands ($1.14B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Saudi Arabia, $10.9M

Top Destination Growth (2017 - 2018): Philippines, $612M

Between 2017 and 2018, the exports of Monolithic integrated circuits, except digital grew the fastest in Saudi Arabia ($10.9M), Switzerland ($2.51M), Turkey ($913k), Poland ($856k), and Ukraine ($606k).

Between 2017 and 2018, the fastest growing importers of Monolithic integrated circuits, except digital were Philippines ($612M), Ukraine ($40.2M), Saudi Arabia ($31.7M), Nigeria ($12.3M), and Curaçao ($11.4M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 1.92. This means that most of the exports of Monolithic integrated circuits, except digital are explained by 3 countries.

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TOP NET EXPORTER (2018): Philippines, $7.47B

TOP NET IMPORTER (2018): Hong Kong, $4.22B

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Monolithic integrated circuits, except digital were Philippines ($7.47B), Chinese Taipei ($1.06B), South Korea ($306M), United States ($183M), and Italy ($72.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Monolithic integrated circuits, except digital were Hong Kong ($4.22B), Netherlands ($1.13B), Singapore ($826M), China ($708M), and Germany ($538M).

Trade Forecasts

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This section shows forecasts for total trade for Monolithic integrated circuits, except digital. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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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%).

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Product Complexity

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Diversification Frontier

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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.