Exports of electronic circuit components from all countries totaled US$1.096 trillion in 2022. That dollar amount equals 4.5% of the overall value of exported products which was $24.487 trillion.
Total sales of exported electronic circuit components grew by an average 55.6% since 2018 when international shipments of electronic circuit components were worth $704.4 billion.
Year over year, export sales for electronic circuit components increased by 8.6% compared to a total $1.009 trillion during 2021.
By value, the 5 largest exporters of electronic circuit components are Hong Kong, Taiwan, mainland China, Singapore and South Korea. That quintet of major exporters generated 71.9% of the world’s international sales for electronic circuit components in 2022.
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 2022 with shipments valued at $975.9 billion or 89.1% of the world’s total sales.
Lower percentages are attributed to exporters in Europe (5.7%), North America (5.2%), Africa (0.02%), Latin America (0.01%) excluding Mexico but including the Caribbean, and Oceania (also 0.01%) led by Australia, Samoa 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 2022.
- Hong Kong: US$214.2 billion (19.6% of electronic circuit component exports)
- Taiwan: $183.8 billion (16.8%)
- China: $154.5 billion (14.1%)
- Singapore: $122 billion (11.1%)
- South Korea: $112.8 billion (10.3%)
- Malaysia: $78.6 billion (7.2%)
- United States: $51.6 billion (4.7%)
- Japan: $33.9 billion (3.1%)
- Vietnam: $31.6 billion (2.9%)
- Philippines: $28.9 billion (2.6%)
- Germany: $19.7 billion (1.8%)
- Ireland: $11.9 billion (1.1%)
- France: $9.9 billion (0.9%)
- Thailand: $9.3 billion (0.8%)
- Netherlands: $5.2 billion (0.5%)
By value, the listed 15 countries shipped 97.5% of global electronic circuit components exported in 2022.
Among the top exporters, the fastest-growing exporters of electronic circuit components were: Vietnam (up 118% from 2021), Malaysia (up 31.7%), France (up 31.7%) and Germany (up 23%).
Four seller countries that posted declines in their exports of electronic circuit components sales, namely: Netherlands (down -61.2% from 2021), United States of America (down -2.7%), mainland China (down -0.5%) and Japan (down -0.5%).
Countries Earning Best Trade Surpluses from Electronic Circuits
The following countries posted the highest positive net exports for electronic circuit components during 2022. 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$96.2 billion (net export surplus up 29.5% since 2021)
- South Korea: $50.4 billion (down -14.4%)
- Malaysia: $24.9 billion (up 47.8%)
- Singapore: $14 billion (down -22.5%)
- Philippines: $11.7 billion (up 35%)
- United States: $7.9 billion (down -32.9%)
- Ireland: $5.5 billion (up 1.3%)
- France: $3.8 billion (up 41.4%)
- Israel: $2.8 billion (up 36.1%)
- Japan: $2 billion (down -77.1%)
- Malta: $257.4 million (up 237.8%)
- Samoa: $5.7 million (reversing a -$25,000 deficit)
- Cayman Islands: $2.6 million (reversing a -$1.5 million deficit)
- Papua New Guinea: $1.6 million (reversing a -$2.3 million deficit)
- Bahrain: $897,000 (up 233.5%)
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 2022. 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$262 billion (net export deficit down -5.9% since 2021)
- Mexico: -$22.2 billion (up 20.6%)
- Vietnam: -$18.8 billion (down -43.6%)
- India: -$15.6 billion (up 30.3%)
- Thailand: -$9.9 billion (up 46.1%)
- Hong Kong: -$8.3 billion (down -16.6%)
- Brazil: -$5.8 billion (up 13.9%)
- Germany: -$3.8 billion (up 226.3%)
- Poland: -$3.5 billion (down -0.8%)
- Indonesia: -$3.4 billion (up 38%)
- Hungary: -$3 billion (up 1.5%)
- Czech Republic: -$2.32 billion (up 10.6%)
- Belgium: -$2.29 billion (up 81.4%)
- Romania: -$2.25 billion (up 31.3%)
- Canada: -$1.5 billion (up 34.5%)
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.
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 2022
The 100 key suppliers in the following automated database accounted for 99.999% of the value of all electronic circuit components exported in 2022.
| Rank | Exporter | Electronic Circuit Exports | 2021-2 |
|---|---|---|---|
| 1. | Hong Kong | $214,235,382,000 | +1.4% |
| 2. | Taiwan | $183,834,787,000 | +17.9% |
| 3. | China | $154,524,111,000 | -0.5% |
| 4. | Singapore | $122,019,411,000 | +8.4% |
| 5. | South Korea | $112,847,160,000 | +3.2% |
| 6. | Malaysia | $78,568,843,000 | +31.7% |
| 7. | United States | $51,623,042,000 | -2.7% |
| 8. | Japan | $33,870,228,000 | -0.5% |
| 9. | Vietnam | $31,590,340,000 | +118% |
| 10. | Philippines | $28,943,505,000 | +20.2% |
| 11. | Germany | $19,746,998,000 | +23% |
| 12. | Ireland | $11,947,629,000 | +6.9% |
| 13. | France | $9,873,900,000 | +31.7% |
| 14. | Thailand | $9,252,403,000 | +10.4% |
| 15. | Netherlands | $5,222,793,000 | -61.2% |
| 16. | Israel | $4,953,116,000 | +32.2% |
| 17. | Mexico | $4,188,423,000 | +19.7% |
| 18. | Belgium | $2,574,460,000 | +21.5% |
| 19. | United Kingdom | $2,079,029,000 | +24% |
| 20. | Italy | $1,818,272,000 | +20.9% |
| 21. | Czech Republic | $1,271,427,000 | -16.5% |
| 22. | Canada | $1,158,337,000 | +27.1% |
| 23. | Austria | $949,126,000 | +18.8% |
| 24. | Switzerland | $925,586,000 | +9.9% |
| 25. | Finland | $815,106,000 | +136.5% |
| 26. | Malta | $809,639,000 | +68.9% |
| 27. | Hungary | $777,335,000 | +30.5% |
| 28. | Indonesia | $517,727,000 | +37.4% |
| 29. | Sweden | $505,694,000 | +30.8% |
| 30. | Portugal | $481,289,000 | +26.8% |
| 31. | India | $476,193,000 | +25.2% |
| 32. | Bulgaria | $469,403,000 | +20.7% |
| 33. | Poland | $419,711,000 | +46.2% |
| 34. | Denmark | $373,805,000 | +15.1% |
| 35. | Spain | $369,890,000 | -1.2% |
| 36. | Romania | $155,687,000 | +58.5% |
| 37. | Morocco | $124,666,000 | +26.9% |
| 38. | Latvia | $114,059,000 | -16.2% |
| 39. | Slovakia | $93,505,000 | -28.7% |
| 40. | Serbia | $91,807,000 | -46.1% |
| 41. | Australia | $91,249,000 | +31.7% |
| 42. | United Arab Emirates | $88,006,000 | -72.3% |
| 43. | Tunisia | $87,185,000 | +16.6% |
| 44. | Brazil | $72,832,000 | +4.6% |
| 45. | Costa Rica | $60,320,000 | -6.5% |
| 46. | Estonia | $60,176,000 | +39% |
| 47. | Norway | $59,747,000 | -1.7% |
| 48. | Ukraine | $43,061,000 | +152% |
| 49. | Oman | $41,619,000 | +3793% |
| 50. | Türkiye | $41,382,000 | +48% |
| 51. | Slovenia | $41,113,000 | +25% |
| 52. | Lithuania | $37,088,000 | -4.5% |
| 53. | Greece | $36,934,000 | -10.1% |
| 54. | Cambodia | $32,979,000 | +139.9% |
| 55. | Russia | $30,354,000 | -54.2% |
| 56. | Kazakhstan | $24,952,000 | +2863% |
| 57. | South Africa | $19,919,000 | +10.4% |
| 58. | Macao | $19,769,000 | -31.8% |
| 59. | Belarus | $16,585,000 | -80.8% |
| 60. | Egypt | $14,732,000 | +4.7% |
| 61. | Armenia | $13,429,000 | +268480% |
| 62. | Croatia | $9,570,000 | +21% |
| 63. | Luxembourg | $8,739,000 | +38.8% |
| 64. | Andorra | $6,091,000 | +65.7% |
| 65. | Samoa | $5,746,000 | 0% |
| 66. | New Zealand | $5,424,000 | +177.2% |
| 67. | Papua New Guinea | $4,741,000 | 0% |
| 68. | Bahrain | $4,027,000 | +52.8% |
| 69. | Dominican Republic | $3,768,000 | +13.7% |
| 70. | Sri Lanka | $3,454,000 | -58.9% |
| 71. | Chile | $3,103,000 | +21.8% |
| 72. | Cayman Islands | $2,999,000 | +27164% |
| 73. | Bosnia/Herzegovina | $2,709,000 | +71.7% |
| 74. | Mali | $1,948,000 | -5.7% |
| 75. | Cameroon | $1,362,000 | +9629% |
| 76. | Trinidad/Tobago | $1,327,000 | +138.7% |
| 77. | Laos | $1,314,000 | 0% |
| 78. | Panama | $1,181,000 | +48.7% |
| 79. | Iran | $1,139,000 | +1224% |
| 80. | US Minor Outlying Is | $1,110,000 | +192.9% |
| 81. | Cyprus | $1,089,000 | +75.6% |
| 82. | Saudi Arabia | $1,085,000 | +12% |
| 83. | Colombia | $990,000 | -51.8% |
| 84. | Guatemala | $972,000 | +25.3% |
| 85. | Sierra Leone | $822,000 | +260.5% |
| 86. | Micronesia | $809,000 | +1518% |
| 87. | Saint Helena | $782,000 | +1762% |
| 88. | Uzbekistan | $736,000 | +66.9% |
| 89. | Lebanon | $680,000 | +54.9% |
| 90. | Ecuador | $679,000 | +37.4% |
| 91. | Kyrgyzstan | $616,000 | +3750% |
| 92. | Qatar | $616,000 | +11.6% |
| 93. | North Macedonia | $583,000 | -19.4% |
| 94. | Afghanistan | $546,000 | +112.5% |
| 95. | Eswatini | $521,000 | +52000% |
| 96. | Northern Mariana Is | $445,000 | +258.9% |
| 97. | Turks/Caicos Is | $426,000 | +167.9% |
| 98. | Moldova | $416,000 | -10.2% |
| 99. | New Caledonia | $388,000 | +226.1% |
| 100. | Kuwait | $356,000 | 0% |
Expanding the scope of our analysis to compare the top 100 electronic circuit components suppliers, the fastest percentage gainers were relatively small exporters. Leading increases belong to Armenia (up 268,480% from 2021), Eswatini (up 52,000% from 2021), Cayman Islands (up 27,164%), Cameroon (up 9,624%), Oman (up 3,793%), Kyrgyzstan (up 3,750%) and Kazakhstan (up 2,863%).
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 2021 data was available.
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 15, 2023
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 15, 2023
Investopedia, Net Exports Definition. Accessed on August 15, 2023
Wikipedia, List of integrated circuit manufacturers. Accessed on August 15, 2023
