2022
Exports
$81.9BWorld Rnk 4 / 226
Flag Rnk 1 / 1198
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$76BWorld Rnk 4 / 225
Flag Rnk 1 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $81.9B in Integrated Circuits, making it the 4th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most exported product in Singapore. The main destination of Integrated Circuits exports from Singapore are: Hong Kong ($36.7B), China ($15B), Malaysia ($7.78B), Chinese Taipei ($5.76B), and South Korea ($3.28B).

The fastest growing export markets for Integrated Circuits of Singapore between 2021 and 2022 were Malaysia ($3.17B), Vietnam ($2.08B), and China ($1.24B).

Imports In 2022, Singapore imported $76B in Integrated Circuits, becoming the 4th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most imported product in Singapore. Singapore imports Integrated Circuits primarily from: N/A.

The fastest growing import markets in Integrated Circuits for Singapore between 2021 and 2022 were Malaysia ($3.08B), Chinese Taipei ($2.6B), and South Korea ($2.51B).

COMPANIES In 2023, leading companies such as Linak (16) and Cloud Network Technology (3) were at the forefront of shipping Integrated Circuits from Singapore to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Integrated Circuits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.9B
IMPORTS (2022)$76B
NET TRADE (2022)$5.91B

In 2022, Singapore exported $81.9B in Integrated Circuits. The main destinations of Singapore exports on Integrated Circuits were Hong Kong ($36.7B), China ($15B), Malaysia ($7.78B), Chinese Taipei ($5.76B), and South Korea ($3.28B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$3.17B (68.9%)
Vietnam$2.08B (412%)
China$1.24B (9.04%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Singapore WERE (2021 - 2022):
Hong Kong-$2.23B (-5.72%)
Netherlands-$619M (-43.3%)
Chinese Taipei-$201M (-3.37%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Integrated Circuits were:
In 2022, Singapore's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.74B
TOP IMPORT POTENTIALChina+ $1.4B

Integrated Circuits’s highest export potential is China. With an export gap of $2.74B.   Integrated Circuits’s highest import potential is China with an import gap of $1.4B.

See methodology.

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