The overall value of exported electronic circuit components increased by an average 49.9% from all exporting countries since 2016 when electronic circuit component shipments were valued at $522.9 billion. From 2019 to 2020, electronic circuit component exports appreciated by 11.6%.
By value, the 5 biggest exporters (Hong Kong, Taiwan, mainland China, Singapore and South Korea) generated 71.9% of the world’s overall shipments of electronic circuit components during 2020.
That percentage shows the high concentration within the worldwide electronic circuits industry.
Among continents, suppliers in Asia sold the highest dollar worth of exported electronic circuit components on international markets during 2020 with shipments valued at $686 billion or 87.5% of the global total.
Lower percentages are attributed to exporters in Europe (6.3%), North America (6.1%), Africa (0.02%), Latin America (also 0.02%) excluding Mexico but including the Caribbean, and Oceania (0.01%) led by Australia.
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
Countries
Below are the 15 countries that exported the highest dollar value worth of electronic circuit components during 2020.
- Hong Kong: US$153.9 billion (19.6% of exported electronic circuit components)
- Taiwan: $122.9 billion (15.7%)
- China: $117.1 billion (14.9%)
- Singapore: $86.3 billion (11%)
- South Korea: $82.9 billion (10.6%)
- Malaysia: $49.3 billion (6.3%)
- United States: $44.2 billion (5.6%)
- Japan: $28.9 billion (3.7%)
- Philippines: $20.2 billion (2.6%)
- Vietnam: $14 billion (1.8%)
- Germany: $12.7 billion (1.6%)
- Netherlands: $11.6 billion (1.5%)
- Ireland: $8.2 billion (1%)
- Thailand: $7.1 billion (0.9%)
- France: $6.5 billion (0.8%)
By value, the listed 15 countries shipped 97.7% of global electronic circuit components exported in 2020.
Among the top exporters, the fastest-growing electronic circuit components exporters since 2019 were: Taiwan (up 22.4%), Vietnam (up 21.1%), China (up 14.6%) and Hong Kong (up 14.5%).
Three countries posted declines in their revenues from exporting electronic circuit components, namely: France (down -15.9%), Germany (down -14.7%) and Thailand (down -6.4%).
Advantages
The following countries posted the highest positive net exports for electronic circuit components during 2020. 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$60.4 billion (net export surplus up 29.4% since 2019)
- South Korea: $42.6 billion (down -1.8%)
- Malaysia: $15.9 billion (up 23.6%)
- Singapore: $14.6 billion (down -10.7%)
- United States: $12.3 billion (up 75.4%)
- Japan: $10.1 billion (up 9%)
- Ireland: $7.4 billion (up 20.4%)
- Philippines: $7.1 billion (up 29.1%)
- France: $2.9 billion (down -27.1%)
- Israel: $1.7 billion (up 66.5%)
- Malta: $195.5 million (down -6.4%)
- Switzerland: $18.5 million (down -80%)
- Serbia: $14.6 million (reversing a -$42 million deficit)
- Bulgaria: $13.8 million (reversing a -$4.7 million deficit)
- Morocco: $13.5 million (reversing a -$15.6 million deficit)s
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.
Opportunities
The following countries posted the highest negative net exports for electronic circuit components during 2020. 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.
- China: -US$233.7 billion (net export deficit up 14.7% since 2019)
- Vietnam: -$25.2 billion (up 31.9%)
- Mexico: -$16 billion (down -16.4%)
- Hong Kong: -$15 billion (down -10.8%)
- India: -$8.2 billion (down -17.9%)
- Thailand: -$5.2 billion (up 35.3%)
- Brazil: -$4 billion (down -3.4%)
- Poland: -$3 billion (up 43.7%)
- Hungary: -$2.8 billion (down -4.3%)
- Czech Republic: -$2.3 billion (up 17.1%)
- Netherlands: -$2 billion (down -11.7%)
- Indonesia: -$1.5 billion (up 4.9%)
- Romania: -$1.3 billion (down -1.4%)
- Russia: -$1.2 billion (up 8.9%)
- Belgium: -$940.6 million (down -14%)
Mainland China incurred the highest deficit in the international trade of electronic circuit components–not surprising when one considers the People’s Republic’s leading role in producing fully assembled computer products that depend on such components. In turn, this negative cashflow highlights Chinese competitive disadvantages for this specific product category but also signals opportunities for electronic circuit components-supplying countries that help satisfy the powerful demand.
Companies
Integrated Circuit Manufacturers
Below are global integrated circuit manufacturing companies that represent established players engaged in the international electronic circuit components trade. The headquarters country for each business is shown within parenthesis.
- Advanced Micro Devices (United States)
- CML Microcircuits UK Ltd (United Kingdom)
- EnSilica (United Kingdom)
- Ferranti Computer Systems (Belgium)
- Fujitsu (Japan)
- Hitachi (Japan)
- Integrated Device Techology (United States)
- Intel (United States)
- MediaTek (Taiwan)
- MicroSystems International (Canada)
- Nordic Semiconductor (Norway)
- NXP Semiconductors (Netherlands)
- Plessey (United Kingdom)
- Renesas Electronics (Japan)
Searchable List of Countries Exporting Electronic Circuit Components in 2020
The 100 key suppliers in the following automated database accounted for 99.999% of the value of all electronic circuit components exported in 2020.
| Rank | Exporter | Electronic Circuit Exports (US$) | 2019-20 |
|---|---|---|---|
| 1. | Hong Kong | $153,930,016,000 | +14.5% |
| 2. | Taiwan | $122,940,227,000 | +22.4% |
| 3. | China | $117,099,589,000 | +14.6% |
| 4. | Singapore | $86,274,376,000 | +12.2% |
| 5. | South Korea | $82,885,115,000 | +4.8% |
| 6. | Malaysia | $49,289,949,000 | +10% |
| 7. | United States | $44,212,664,000 | +10.3% |
| 8. | Japan | $28,863,251,000 | +3.9% |
| 9. | Philippines | $20,220,163,000 | +6.5% |
| 10. | Vietnam | $13,952,339,000 | +21.1% |
| 11. | Germany | $12,732,155,000 | -14.7% |
| 12. | Netherlands | $11,576,904,000 | +4.4% |
| 13. | Ireland | $8,194,828,000 | +13.9% |
| 14. | Thailand | $7,100,434,000 | -6.4% |
| 15. | France | $6,476,717,000 | -15.9% |
| 16. | Israel | $2,760,383,000 | +33.3% |
| 17. | Mexico | $2,722,107,000 | +24% |
| 18. | Belgium | $1,724,098,000 | +24% |
| 19. | Czech Republic | $1,447,037,000 | +26.8% |
| 20. | United Kingdom | $1,426,114,000 | -6.7% |
| 21. | Italy | $1,230,774,000 | -13.9% |
| 22. | Canada | $763,105,000 | -50% |
| 23. | Switzerland | $666,843,000 | -3.1% |
| 24. | Austria | $634,927,000 | -16.4% |
| 25. | Malta | $501,495,000 | -6.3% |
| 26. | Portugal | $413,811,000 | +19.8% |
| 27. | Hungary | $401,469,000 | -25.4% |
| 28. | Spain | $309,529,000 | -11% |
| 29. | Indonesia | $274,063,000 | -7.1% |
| 30. | Bulgaria | $265,584,000 | +7.1% |
| 31. | India | $265,331,000 | +7% |
| 32. | Denmark | $252,337,000 | -4.5% |
| 33. | Sweden | $220,560,000 | +19.3% |
| 34. | Poland | $220,469,000 | +23.8% |
| 35. | Finland | $219,478,000 | -28% |
| 36. | Slovakia | $129,651,000 | +19.5% |
| 37. | United Arab Emirates | $106,370,000 | -57.1% |
| 38. | Serbia | $98,376,000 | +1130% |
| 39. | Morocco | $76,042,000 | +5.8% |
| 40. | Brazil | $69,725,000 | +36.2% |
| 41. | Belarus | $67,715,000 | +7.6% |
| 42. | Romania | $67,205,000 | +8.6% |
| 43. | Estonia | $63,117,000 | -1.2% |
| 44. | Australia | $60,543,000 | -19.9% |
| 45. | Norway | $53,167,000 | -8% |
| 46. | Russia | $43,596,000 | -17.8% |
| 47. | Latvia | $42,537,000 | +18.7% |
| 48. | Costa Rica | $41,306,000 | -11.7% |
| 49. | Lithuania | $36,558,000 | +4.8% |
| 50. | Tunisia | $31,569,000 | -61.6% |
| 51. | Greece | $28,878,000 | +61.8% |
| 52. | Slovenia | $22,789,000 | -12.4% |
| 53. | Turkey | $16,853,000 | -9.9% |
| 54. | Egypt | $15,878,000 | -8.7% |
| 55. | South Africa | $14,735,000 | -25.7% |
| 56. | Ukraine | $9,865,000 | -18.8% |
| 57. | Cambodia | $9,597,000 | +97.8% |
| 58. | Sri Lanka | $9,111,000 | -22.9% |
| 59. | Myanmar | $7,837,000 | +2365% |
| 60. | Croatia | $4,946,000 | -64.2% |
| 61. | Bahrain | $3,821,000 | +148.4% |
| 62. | Luxembourg | $3,610,000 | +3.7% |
| 63. | Dominican Rep | $3,500,000 | -7.2% |
| 64. | Andorra | $3,275,000 | +73.1% |
| 65. | Colombia | $3,143,000 | +85.2% |
| 66. | Macao | $2,848,000 | +260.5% |
| 67. | Saudi Arabia | $2,492,000 | -9.3% |
| 68. | Cayman Islands | $2,480,000 | +35.7% |
| 69. | Yemen | $2,267,000 | +733.5% |
| 70. | New Zealand | $1,972,000 | +22.5% |
| 71. | Laos | $1,672,000 | +8700% |
| 72. | Papua New Guinea | $1,535,000 | -23.2% |
| 73. | Chile | $1,234,000 | -12.6% |
| 74. | Panama | $1,162,000 | -39.4% |
| 75. | North Korea | $1,113,000 | +89.9% |
| 76. | Mali | $957,000 | 0% |
| 77. | Kuwait | $935,000 | +31067% |
| 78. | Bosnia/Herzegovina | $810,000 | -52.3% |
| 79. | Iran | $754,000 | -77.4% |
| 80. | Kazakhstan | $710,000 | -27.3% |
| 81. | North Macedonia | $663,000 | +187% |
| 82. | Samoa | $581,000 | 0% |
| 83. | Tanzania | $574,000 | +925% |
| 84. | Saint Helena | $571,000 | -75.4% |
| 85. | Uzbekistan | $567,000 | -15.1% |
| 86. | Lebanon | $440,000 | +5.8% |
| 87. | Argentina | $396,000 | -57% |
| 88. | Algeria | $393,000 | -51.7% |
| 89. | Cameroon | $382,000 | -79.5% |
| 90. | Turks/Caicos Is. | $382,000 | -57.3% |
| 91. | Somalia | $314,000 | +248.9% |
| 92. | Montserrat | $295,000 | +917.2% |
| 93. | Togo | $288,000 | 0% |
| 94. | Ecuador | $274,000 | -41.9% |
| 95. | Qatar | $256,000 | -30.8% |
| 96. | Cyprus | $237,000 | -7.8% |
| 97. | New Caledonia | $237,000 | -90.7% |
| 98. | Maldives | $233,000 | 0% |
| 99. | British Virgin Is. | $232,000 | -84.3% |
| 100. | St Maarten (Dutch) | $221,000 | +2110% |
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 2019 data was available.
See also 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 July 19, 2021
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 19, 2021
Investopedia, Net Exports Definition. Accessed on July 19, 2021
Wikipedia, List of integrated circuit manufacturers. Accessed on July 19, 2021
