Overall, the value of electronic circuit component exports increased by an average 41.9% for all exporting countries since 2015 when electronic circuit component shipments were valued at $507.7 billion. The year-over-year uptick was 1.8% from 2018 to 2019.
Among continents, Asian suppliers sold the highest dollar worth of exported electronic circuit components on international markets during 2019 with shipments valued at $621.4 billion or 86.2% of the global total. In second place were European exporters with a 7.6% share while 6.1% of global sales for electronic circuit components originated from North America.
Tinier percentages came from Africa (0.02%), Latin America (also 0.02%) excluding Mexico but including the Caribbean then Oceania (0.01%) 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
Countries
Below are the 15 countries that exported the highest dollar value worth of electronic circuit components during 2019.
- Hong Kong: US$134.5 billion (18.7% of exported electronic circuit components)
- China: $102.2 billion (14.2%)
- Taiwan: $100.4 billion (13.9%)
- South Korea: $79.1 billion (11%)
- Singapore: $76.9 billion (10.7%)
- Malaysia: $44.8 billion (6.2%)
- United States: $40.1 billion (5.6%)
- Japan: $27.8 billion (3.9%)
- Vietnam: $26.1 billion (3.6%)
- Philippines: $19 billion (2.6%)
- Germany: $14.9 billion (2.1%)
- Netherlands: $14.6 billion (2%)
- France: $7.7 billion (1.1%)
- Thailand: $7.6 billion (1.1%)
- Ireland: $7.2 billion (1%)
The listed 15 countries shipped 97.5% of global electronic circuit components exported in 2019 by value.
Among the top exporters, the fastest-growing electronic circuit components exporters since 2015 were: Vietnam (up 539.4%), Ireland (up 372.6%), Netherlands (up 146.4%) and Malaysia (up 64.1%).
Only Thailand declined over the 5-year period via a -0.7% slowdown.
Advantages
The following countries posted the highest positive net exports for electronic circuit components during 2019. 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$46.7 billion (net export surplus up 23.6% since 2015)
- South Korea: $43.4 billion (up 110.9%)
- Singapore: $16.3 billion (down -28.2%)
- Malaysia: $12.9 billion (up 424%)
- Japan: $9.3 billion (up 37.8%)
- United States: $7 billion (up 50.7%)
- Ireland: $6.6 billion (up 556%)
- Philippines: $5.5 billion (up 652.1%)
- France: $3.9 billion (up 75.6%)
- Israel: $1 billion (down -65.5%)
- Malta: $207.4 million (up 135%)
- Switzerland: $92.5 million (reversing a -$166.3 million deficit)
- Belarus: $9 million (down -43.9%)
- Saint Helena: $2.3 million (up 1960.7%)
- British Virgin Islands: $1.6 million (reversing a -$678,000 deficit)
Overtaking South Korea in 2019, Taiwan had 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 2019. 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$203.7 billion (net export deficit up 26.6% since 2015)
- Mexico: -$19.1 billion (up 47.8%)
- Hong Kong: -$16.8 billion (up 8%)
- India: -$9.7 billion (up 553.7%)
- Brazil: -$4.1 billion (up 43.3%)
- Thailand: -$3.8 billion (up 123.2%)
- Hungary: -$2.9 billion (up 61.2%)
- Vietnam: -$2.8 billion (down -68.4%)
- Poland: -$2.1 billion (up 13.4%)
- Germany: -$27 billion (up 40.7%)
- Czech Republic: -$1.9 billion (up 78.7%)
- Romania: -$1.4 billion (up 76.4%)
- Indonesia: -$1.13 billion (up 9.1%)
- Russia: -$1.11 billion (up 61.3%)
- Netherlands: -$16 billion (reversing a $268.5 million surplus)
China incurred the highest deficit in the international trade of electronic circuit components–not surprising when one considers the People’s Republic’s leading role in producing fully assembled computer products that depend on such components. In turn, this negative cashflow highlights Chinese competitive disadvantages for this specific product category but also signals opportunities for electronic circuit components-supplying countries that help satisfy the powerful demand.
Companies
Integrated Circuit Manufacturers
Below are global integrated circuit manufacturing companies that represent established players engaged in the international electronic circuit components trade. The headquarters country for each business is shown within parenthesis.
- Advanced Micro Devices (United States)
- CML Microcircuits UK Ltd (United Kingdom)
- EnSilica (United Kingdom)
- Ferranti Computer Systems (Belgium)
- Fujitsu (Japan)
- Hitachi (Japan)
- Integrated Device Techology (United States)
- Intel (United States)
- MediaTek (Taiwan)
- MicroSystems International (Canada)
- Nordic Semiconductor (Norway)
- NXP Semiconductors (Netherlands)
- Plessey (United Kingdom)
- Renesas Electronics (Japan)
Searchable List of Countries Exporting Electronic Circuit Components in 2019
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means that no 2018 data was available.
| Rank | Exporter | Exported Electronic Circuits (US$) | 2018-9 |
|---|---|---|---|
| 1. | Hong Kong | $134,483,068,000 | +1.9% |
| 2. | China | $102,187,884,000 | +20.7% |
| 3. | Taiwan | $100,408,126,000 | +4.6% |
| 4. | South Korea | $79,082,276,000 | -28% |
| 5. | Singapore | $76,868,051,000 | -7.3% |
| 6. | Malaysia | $44,794,109,000 | -2.3% |
| 7. | United States | $40,099,507,000 | +6.4% |
| 8. | Japan | $27,791,254,000 | -0.9% |
| 9. | Vietnam | $26,072,054,000 | +230.4% |
| 10. | Philippines | $18,991,451,000 | +38.5% |
| 11. | Germany | $14,851,252,000 | -11.2% |
| 12. | Netherlands | $14,562,051,000 | +1.1% |
| 13. | France | $7,698,973,000 | +0.1% |
| 14. | Thailand | $7,586,771,000 | -8.3% |
| 15. | Ireland | $7,193,796,000 | +73% |
| 16. | Mexico | $2,187,867,000 | +4% |
| 17. | Israel | $2,071,518,000 | -35.8% |
| 18. | Belgium | $1,546,108,000 | +85.2% |
| 19. | United Kingdom | $1,527,313,000 | -4.4% |
| 20. | Canada | $1,525,450,000 | +48.5% |
| 21. | Italy | $1,440,809,000 | -7.1% |
| 22. | Czech Republic | $1,126,936,000 | +18.3% |
| 23. | Austria | $812,338,000 | -10.2% |
| 24. | Indonesia | $742,738,000 | +88.1% |
| 25. | Switzerland | $688,331,000 | +7.3% |
| 26. | Hungary | $554,992,000 | +36.9% |
| 27. | Malta | $534,933,000 | -6.4% |
| 28. | Spain | $354,287,000 | -5.6% |
| 29. | Portugal | $333,966,000 | +0.3% |
| 30. | Finland | $303,901,000 | -27.9% |
| 31. | Denmark | $263,990,000 | +1.9% |
| 32. | Bulgaria | $251,794,000 | -22.1% |
| 33. | India | $244,030,000 | +10.4% |
| 34. | Sweden | $184,897,000 | +10.7% |
| 35. | Poland | $178,118,000 | -59% |
| 36. | Slovakia | $105,963,000 | -22.2% |
| 37. | Australia | $75,587,000 | +4% |
| 38. | Morocco | $71,963,000 | +10% |
| 39. | Romania | $62,811,000 | +28.5% |
| 40. | Belarus | $61,782,000 | -29.1% |
| 41. | Norway | $57,762,000 | +8.5% |
| 42. | Russia | $53,051,000 | +12.1% |
| 43. | Tunisia | $52,076,000 | -1.3% |
| 44. | Brazil | $51,196,000 | -26.4% |
| 45. | Estonia | $49,160,000 | -8.4% |
| 46. | Costa Rica | $46,786,000 | -37.3% |
| 47. | United Arab Emirates | $44,632,000 | -83.5% |
| 48. | Latvia | $35,280,000 | +38.6% |
| 49. | Lithuania | $34,892,000 | +28.7% |
| 50. | Slovenia | $25,159,000 | +5.2% |
| 51. | South Africa | $19,842,000 | -24.1% |
| 52. | Greece | $17,845,000 | -8.3% |
| 53. | Turkey | $17,130,000 | -26.9% |
| 54. | Croatia | $14,049,000 | +142.9% |
| 55. | Sri Lanka | $10,212,000 | +19.1% |
| 56. | Serbia | $7,996,000 | +171.3% |
| 57. | Luxembourg | $5,200,000 | -9.7% |
| 58. | Saudi Arabia | $2,747,000 | -82.6% |
| 59. | Iran | $2,353,000 | +1,222% |
| 60. | Saint Helena | $2,315,000 | +625.7% |
| 61. | Bahrain | $2,293,000 | +775.2% |
| 62. | Cambodia | $2,070,000 | +9,309% |
| 63. | Georgia | $2,034,000 | +1,196% |
| 64. | Kenya | $1,862,000 | +420.1% |
| 65. | British Virgin Is | $1,841,000 | +86.7% |
| 66. | Cameroon | $1,827,000 | +72.5% |
| 67. | Bosnia/Herzegovina | $1,697,000 | +6.8% |
| 68. | Laos | $1,647,000 | 0% |
| 69. | Cayman Islands | $1,618,000 | +31.8% |
| 70. | New Zealand | $1,610,000 | -44.7% |
| 71. | Panama | $1,566,000 | -1.9% |
| 72. | Andorra | $1,443,000 | -53.7% |
| 73. | Chile | $1,412,000 | -11.5% |
| 74. | Ukraine | $1,408,000 | -85.6% |
| 75. | Colombia | $1,372,000 | -32.2% |
| 76. | Dominican Republic | $1,053,000 | -71% |
| 77. | Samoa | $1,016,000 | 0% |
| 78. | Kazakhstan | $976,000 | +28.1% |
| 79. | Argentina | $922,000 | +1.1% |
| 80. | Turks/Caicos Islands | $889,000 | +241.9% |
| 81. | Wallis/Futuna Islands | $859,000 | +2,968% |
| 82. | Macao | $790,000 | 0% |
| 83. | Mali | $706,000 | -69.8% |
| 84. | Algeria | $679,000 | +324.4% |
| 85. | Albania | $678,000 | 0% |
| 86. | Qatar | $618,000 | +212.1% |
| 87. | Egypt | $612,000 | -92.3% |
| 88. | Kuwait | $533,000 | +1,515% |
| 89. | North Korea | $523,000 | +786.4% |
| 90. | Venezuela | $485,000 | +538.2% |
| 91. | Ecuador | $472,000 | -46.3% |
| 92. | Uzbekistan | $448,000 | +11.2% |
| 93. | Honduras | $447,000 | +97.8% |
| 94. | Oman | $431,000 | -83.5% |
| 95. | Mauritania | $399,000 | 0% |
| 96. | Myanmar (Burma) | $369,000 | +379.2% |
| 97. | Jordan | $367,000 | +6,017% |
| 98. | Curaçao | $363,000 | -6.7% |
| 99. | Peru | $334,000 | -52.8% |
| 100. | Yemen | $270,000 | +42.9% |
| 101. | Cyprus | $255,000 | +99.2% |
| 102. | Guatemala | $254,000 | -84.9% |
| 103. | North Macedonia | $231,000 | +43.5% |
| 104. | Moldova | $226,000 | -78.6% |
| 105. | Uruguay | $223,000 | +1.8% |
| 106. | Pakistan | $216,000 | +16.1% |
| 107. | Montserrat | $186,000 | +226.3% |
| 108. | New Caledonia | $181,000 | -82.3% |
| 109. | Nicaragua | $178,000 | +38% |
| 110. | Solomon Islands | $161,000 | 0% |
| 111. | El Salvador | $156,000 | +45.8% |
| 112. | Maldives | $146,000 | 0% |
| 113. | Sierra Leone | $135,000 | 0% |
| 114. | Haiti | $128,000 | +509.5% |
| 115. | Armenia | $123,000 | 0% |
| 116. | Ethiopia | $118,000 | -65% |
| 117. | Nepal | $117,000 | +1,571% |
| 118. | Bermuda | $114,000 | +1,040% |
| 119. | Bhutan | $108,000 | +800% |
| 120. | Mongolia | $108,000 | +2,060% |
| 121. | Malawi | $106,000 | +1,667% |
| 122. | Chad | $91,000 | -81.8% |
| 123. | Iceland | $87,000 | +135.1% |
| 124. | Mauritius | $86,000 | +145.7% |
| 125. | Afghanistan | $85,000 | 0% |
| 126. | Montenegro | $83,000 | +730% |
| 127. | Namibia | $79,000 | -6% |
| 128. | Togo | $78,000 | +609.1% |
| 129. | US Minor Outlying Is | $74,000 | -99.8% |
| 130. | Somalia | $73,000 | -91.4% |
| 131. | Rwanda | $72,000 | +148.3% |
| 132. | Christmas Island | $72,000 | +1,700% |
| 133. | Paraguay | $71,000 | +208.7% |
| 134. | Angola | $70,000 | -86.9% |
| 135. | Lebanon | $67,000 | -90.9% |
| 136. | Ivory Coast | $64,000 | -38.5% |
| 137. | Trinidad/Tobago | $64,000 | -95.5% |
| 138. | French Polynesia | $61,000 | -22.8% |
| 139. | Azerbaijan | $58,000 | -40.2% |
| 140. | Papua New Guinea | $57,000 | -72.9% |
| 141. | Liberia | $54,000 | +671.4% |
| 142. | Timor-Leste | $52,000 | -76.4% |
| 143. | Djibouti | $51,000 | +82.1% |
| 144. | Ghana | $50,000 | -67.5% |
| 145. | Marshall Islands | $49,000 | +308.3% |
| 146. | Senegal | $47,000 | +176.5% |
| 147. | Guyana | $47,000 | 0% |
| 148. | Bangladesh | $46,000 | -29.2% |
| 149. | Jamaica | $44,000 | -54.2% |
| 150. | Saint Lucia | $42,000 | -60% |
| 151. | Tuvalu | $39,000 | -89.4% |
| 152. | Syria | $37,000 | -60.6% |
| 153. | Bolivia | $34,000 | 0% |
| 154. | Cuba | $34,000 | -63% |
| 155. | Cabo Verde | $33,000 | 0% |
| 156. | Niger | $33,000 | +725% |
| 157. | Tanzania | $33,000 | +94.1% |
| 158. | Cocos (Keeling) Is | $30,000 | -63% |
| 159. | Suriname | $28,000 | 0% |
| 160. | Sao Tome/Principe | $28,000 | 0% |
| 161. | Kiribati | $26,000 | 0% |
| 162. | Northern Mariana Is | $24,000 | +380% |
| 163. | Congo, Democratic Republic of the | $24,000 | +140% |
| 164. | Burkina Faso | $24,000 | -92.4% |
| 165. | Madagascar | $23,000 | -54% |
| 166. | Kyrgyzstan | $20,000 | -42.9% |
| 167. | Zimbabwe | $18,000 | -41.9% |
| 168. | Pitcairn | $16,000 | -76.5% |
| 169. | Gabon | $16,000 | -71.4% |
| 170. | Botswana | $16,000 | 0% |
| 171. | Gambia | $11,000 | 0% |
| 172. | Nauru | $11,000 | -66.7% |
| 173. | Zambia | $11,000 | +57.1% |
| 174. | Guinea-Bissau | $9,000 | 0% |
| 175. | Turkmenistan | $8,000 | -91.8% |
| 176. | St Maarten (Dutch) | $8,000 | 0% |
| 177. | Iraq | $7,000 | -66.7% |
| 178. | Burundi | $7,000 | 0% |
| 179. | Seychelles | $7,000 | -73.1% |
| 180. | Brunei Darussalam | $6,000 | 0% |
| 181. | Central African Rep | $6,000 | 0% |
| 182. | Mozambique | $6,000 | +100% |
| 183. | Micronesia | $6,000 | -14.3% |
| 184. | Gibraltar | $5,000 | 0% |
| 185. | Eritrea | $5,000 | +400% |
| 186. | St Kitts/Nevis | $5,000 | -97.9% |
| 187. | Faroe Islands | $4,000 | +33.3% |
| 188. | French S./Antarctic Terr | $4,000 | +300% |
| 189. | Congo | $4,000 | -99.8% |
| 190. | Fiji | $3,000 | -99.4% |
| 191. | Cook Islands | $2,000 | 0% |
| 192. | Bahamas | $2,000 | -93.1% |
| 193. | Greenland | $2,000 | 0% |
| 194. | Vanuatu | $2,000 | 0% |
| 195. | St Vincent/Grenadines | $2,000 | -75% |
| 196. | Uganda | $2,000 | -66.7% |
| 197. | Western Sahara | $2,000 | 0% |
| 198. | Eswatini | $1,000 | -50% |
| 199. | Tokelau | $1,000 | -90.9% |
| 200. | Tonga | $1,000 | -83.3% |
| 201. | St. Pierre/Miquelon | $1,000 | -80% |
| 202. | Equatorial Guinea | $1,000 | 0% |
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 May 9, 2020
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 9, 2020
Investopedia, Net Exports Definition. Accessed on May 9, 2020
Wikipedia, List of integrated circuit manufacturers. Accessed on May 9, 2020
