Exports of electronic circuit components from all countries totaled US$1.1 trillion in 2024. The dollar amount for that specific commodity equals 4.5% of the overall value of all exported products which was $23.9 trillion. That percentage represents an upturn from 4.2% one year earlier.
Total sales of exported electronic circuit components grew by an average 36.5% since five years earlier in 2020 when international shipments of electronic circuit components were worth $784 billion.
Year over year, export sales for electronic circuit components accelerated by 12.4% compared to $952.4 billion during 2023.
By value, the 5 largest exporters of electronic circuit components are Hong Kong, Taiwan, mainland China, South Korea and Singapore. That leading quintet of major exporters generated 73.3% of the world’s international sales for electronic circuit components in 2024.
Such a high percentage indicates a relatively strong concentration for these dominant competitors within the worldwide electronic circuits industry.
Among continents, suppliers in Asia sold the highest dollar worth of exported electronic circuit components on global markets during 2024 with shipments valued at $964 billion or 90.1% of the world’s total sales.
Lower percentages are attributed to exporters in North America (5.1%), Europe (4.7%), Africa (0.09%), Latin America (0.014%) excluding Mexico but including the Caribbean, and Oceania (0.009%) led by Australia and New Zealand.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 8542 for electronic integrated circuits and microassemblies including related parts.
Electronic Circuit Component Exports by Country
Below are the 15 countries that exported the highest dollar value worth of electronic circuit components during 2024.
- Hong Kong: US$220.1 billion (20.6% of exported electronic circuit components)
- Taiwan: $164.9 billion (15.4%)
- mainland China: $160 billion (15%)
- South Korea: $120.2 billion (11.2%)
- Singapore: $119.2 billion (11.1%)
- Malaysia: $76.7 billion (7.2%)
- United States: $50.6 billion (4.7%)
- Japan: $32.5 billion (3%)
- Vietnam: $32.1 billion (3%)
- Philippines: $22.6 billion (2.1%)
- Germany: $18.8 billion (1.8%)
- Thailand: $8.6 billion (0.8%)
- Ireland: $8.2 billion (0.8%)
- France: $6.2 billion (0.6%)
- Israel: $5.8 billion (0.5%)
By value, the listed 15 countries shipped 97.8% of global exports of electronic circuit components in 2024.
Among the top exporters, the fastest-growing electronic circuit components exporters since 2023 were: Vietnam (up 162.3%), Ireland (up 40.9%), South Korea (up 39.5%) and Israel (up 30.6%).
Those countries that posted declines in their exported electronic circuit components sales were: France (down -36.5% from 2023), Germany (down -14.1%), Philippines (down -13%), Thailand (down -10%) and Taiwan (down -1.1%).
Searchable List of Countries Exporting Electronic Circuit Components in 2024
The 100 key suppliers in the following automated database accounted for 99.999% of the value of all electronic circuit components exported in 2024.
| Rank | Exporter | Electronic Circuit Exports | 2023-4 |
|---|---|---|---|
| 1. | Hong Kong | $220,078,560,000 | +13.4% |
| 2. | Taiwan | $164,902,009,000 | -1.1% |
| 3. | mainland China | $160,012,331,000 | +17.2% |
| 4. | South Korea | $120,189,185,000 | +39.5% |
| 5. | Singapore | $119,159,873,000 | +14.1% |
| 6. | Malaysia | $76,741,235,000 | +2.6% |
| 7. | United States | $50,634,522,000 | +16.2% |
| 8. | Japan | $32,476,844,000 | +4.9% |
| 9. | Vietnam | $32,122,861,000 | +162.3% |
| 10. | Philippines | $22,622,617,000 | -13% |
| 11. | Germany | $18,762,588,000 | -14.1% |
| 12. | Thailand | $8,638,637,000 | -10% |
| 13. | Ireland | $8,232,599,000 | +40.9% |
| 14. | France | $6,154,741,000 | -36.5% |
| 15. | Israel | $5,790,731,000 | +30.6% |
| 16. | Mexico | $3,375,563,000 | -0.2% |
| 17. | Netherlands | $2,890,317,000 | -35.9% |
| 18. | Belgium | $2,361,037,000 | -16.9% |
| 19. | Italy | $2,070,378,000 | +3.5% |
| 20. | Czech Republic | $1,660,372,000 | +37.4% |
| 21. | United Kingdom | $1,039,209,000 | -21.9% |
| 22. | Switzerland | $949,319,000 | +3.2% |
| 23. | Austria | $917,453,000 | -4.5% |
| 24. | Morocco | $895,420,000 | +360.1% |
| 25. | Malta | $848,218,000 | -12% |
| 26. | Indonesia | $704,035,000 | -4.3% |
| 27. | Canada | $641,097,000 | -23.4% |
| 28. | Portugal | $601,967,000 | +32.4% |
| 29. | Bulgaria | $574,828,000 | -0.1% |
| 30. | Hungary | $481,179,000 | -23.8% |
| 31. | Poland | $460,112,000 | +6.3% |
| 32. | Spain | $440,704,000 | +12.4% |
| 33. | Finland | $415,815,000 | -32.4% |
| 34. | Sweden | $282,820,000 | -20.1% |
| 35. | India | $271,968,000 | +26.4% |
| 36. | Denmark | $235,144,000 | -17.9% |
| 37. | Slovakia | $205,622,000 | +31.5% |
| 38. | Romania | $171,370,000 | -2.5% |
| 39. | Serbia | $115,634,000 | -27% |
| 40. | Cambodia | $93,214,000 | +52.8% |
| 41. | Australia | $84,899,000 | -0.1% |
| 42. | Latvia | $72,149,000 | -13.3% |
| 43. | Tunisia | $70,354,000 | -6.8% |
| 44. | Brazil | $68,559,000 | -14.5% |
| 45. | Costa Rica | $58,586,000 | -21.6% |
| 46. | Estonia | $56,060,000 | +10.2% |
| 47. | United Arab Emirates | $55,348,000 | -73.8% |
| 48. | Norway | $55,127,000 | -7.7% |
| 49. | Slovenia | $37,762,000 | -9.1% |
| 50. | Türkiye | $32,246,000 | -5.1% |
| 51. | Bahrain | $30,440,000 | +1251% |
| 52. | Greece | $26,459,000 | -15.3% |
| 53. | Lithuania | $24,199,000 | -25.1% |
| 54. | Ukraine | $22,721,000 | +2.5% |
| 55. | South Africa | $19,895,000 | -29.4% |
| 56. | Qatar | $17,358,000 | +1837% |
| 57. | Saudi Arabia | $16,048,000 | +86.1% |
| 58. | Russia | $14,224,000 | -52% |
| 59. | Belarus | $12,333,000 | +1.1% |
| 60. | Egypt | $8,383,000 | +15.7% |
| 61. | Croatia | $7,008,000 | +7.2% |
| 62. | Sri Lanka | $5,764,000 | +2.1% |
| 63. | Eswatini | $5,631,000 | 0% |
| 64. | New Zealand | $5,548,000 | +88.1% |
| 65. | Macao | $5,373,000 | -52.9% |
| 66. | Colombia | $4,507,000 | +2.3% |
| 67. | Laos | $4,171,000 | 0% |
| 68. | Dominican Republic | $3,496,000 | +12.7% |
| 69. | Luxembourg | $3,333,000 | -21.9% |
| 70. | Bosnia/Herzegovina | $2,929,000 | -7% |
| 71. | Nauru | $2,654,000 | +37814% |
| 72. | Cameroon | $2,632,000 | 0% |
| 73. | Chile | $2,505,000 | -33.4% |
| 74. | Panama | $1,806,000 | +3.6% |
| 75. | North Macedonia | $1,755,000 | +6.8% |
| 76. | Kyrgyzstan | $1,357,000 | -90% |
| 77. | Mali | $1,355,000 | 0% |
| 78. | Jordan | $1,355,000 | +1731% |
| 79. | Cayman Islands | $1,324,000 | +4466% |
| 80. | Papua New Guinea | $978,000 | +1297% |
| 81. | Kazakhstan | $907,000 | -94.8% |
| 82. | Andorra | $889,000 | -83.2% |
| 83. | Guatemala | $873,000 | -2.2% |
| 84. | North Korea | $815,000 | +117.3% |
| 85. | Pakistan | $784,000 | +284.3% |
| 86. | Armenia | $690,000 | -96.5% |
| 87. | Lebanon | $685,000 | +90.8% |
| 88. | Curaçao | $611,000 | +49.4% |
| 89. | Iran | $579,000 | -77.1% |
| 90. | Ecuador | $569,000 | -23.4% |
| 91. | Venezuela | $540,000 | +1074% |
| 92. | Peru | $480,000 | -5.9% |
| 93. | Rwanda | $474,000 | +207.8% |
| 94. | Bangladesh | $467,000 | -67.2% |
| 95. | Mauritius | $425,000 | -21% |
| 96. | Moldova | $420,000 | +130.8% |
| 97. | Timor-Leste | $374,000 | +9250% |
| 98. | New Caledonia | $327,000 | +90.1% |
| 99. | Benin | $322,000 | +1689% |
| 100. | Tuvalu | $268,000 | +553.7% |
Expanding the scope of our analysis to compare the top 100 electronic circuit components suppliers, the fastest percentage gainers were Nauru (up 37,814% from 2023), Timor-Leste (up 9,250%), Cayman Islands (up 4,466%), Qatar (up 1,837%) and Jordan (up 1,731%).
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means that no 2023 data was available.
Countries Earning Best Trade Surpluses from Electronic Circuits
The following countries posted the highest positive net exports for electronic circuit components during 2024. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported electronic circuit components and its import purchases for that same commodity.
- Taiwan: US$70.6 billion (net export surplus down -24.4% since 2023)
- South Korea: $59.7 billion (up 73.3%)
- Malaysia: $22.5 billion (down -27.1%)
- Singapore: $21.3 billion (up 27%)
- United States: $10.2 billion (up 36.7%)
- Philippines: $9.5 billion (down -24.9%)
- Japan: $9.3 billion (up 309.9%)
- Israel: $4.1 billion (up 47.6%)
- Ireland: $3.3 billion (up 185.6%)
- France: $2.4 billion (down -46.5%)
- Morocco: $434.6 million (reversing a -$6.1 million deficit)
- Italy: $356.9 million (reversing a -$330.2 million deficit)
- Germany: $295.2 million (reversing a -$3.25 billion deficit)
- Malta: $204.9 million (down -26.9%)
- Bulgaria: $166.2 million (up 38.9%)
Strategically located trading hub Taiwan garnered the highest surplus in the international trade of electronic circuit components. In turn, this positive cashflow confirms strong Taiwanese competitive advantages for this specific product category.
Countries Incurring Worst Trade Deficits from Electronic Circuits
The following countries posted the highest negative net exports for electronic circuit components during 2024. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported electronic circuit components purchases and its exports for that same commodity.
- mainland China: -US$226.7 billion (net export deficit up 5.8% since 2023)
- Vietnam: -$30.8 billion (down -14.2%)
- India: -$23.5 billion (up 23.9%)
- Mexico: -$22.4 billion (up 8.2%)
- Thailand: -$16 billion (up 58.8%)
- Hong Kong: -$6.8 billion (down -22.3%)
- Brazil: -$5.8 billion (up 22.6%)
- Hungary: -$3.37 billion (down -10.6%)
- Indonesia: -$3.35 billion (up 4.7%)
- Poland: -$3.1 billion (down -9.7%)
- Czech Republic: -$2.5 billion (up 11.5%)
- Romania: -$2 billion (down -13.8%)
- Netherlands: -$1.6 billion (up 99.6%)
- Belgium: -$1.3 billion (down -61%)
- Portugal: -$1.2 billion (up 30.1%)
Mainland China incurred the highest deficit in the international trade of electronic circuit components–not surprising when one considers the People’s Republic also plays a leading role in producing fully assembled computer products that depend on such components.
In turn, this negative cashflow highlights Chinese competitive disadvantages for this specific product category but also signals opportunities for electronic circuit components-supplying countries that help satisfy the powerful demand.
Integrated Circuit Manufacturers
Below are global integrated circuit manufacturing companies that represent established players engaged in the international electronic circuit components trade. The headquarters country for each business is shown within parenthesis.
- Advanced Micro Devices (United States)
- CML Microcircuits UK Ltd (United Kingdom)
- EnSilica (United Kingdom)
- Ferranti Computer Systems (Belgium)
- Fujitsu (Japan)
- Hitachi (Japan)
- Integrated Device Techology (United States)
- Intel (United States)
- MediaTek (Taiwan)
- MicroSystems International (Canada)
- Nordic Semiconductor (Norway)
- NXP Semiconductors (Netherlands)
- Plessey (United Kingdom)
- Renesas Electronics (Japan)
See also Electricity Exports by Country, Top Surveying Equipment Exporters by Country, Top Artificial Joints Exporters by Country, Heart Pacemaker Export Sales by Country and Top Industrial Robots Exporters
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 20, 2025
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 20, 2025
Investopedia, Net Exports Definition. Accessed on August 20, 2025
Wikipedia, List of integrated circuit manufacturers. Accessed on August 20, 2025