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Who buys China’s chips (integrated circuits)? Export destinations 2024

In 2024, China exported $176.1 billion of chips (integrated circuits) (104 thousand tonnes), 17.7% of the world total. Its main destinations were Hong Kong (42%), South Korea (11%) and Taiwan (10%). China was the world’s 2nd-largest exporter of chips (integrated circuits).

Summary

Value
$176.1billion
Tonnes
104thousand tonnes
Share of world total
17.7%
World rank
2nd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Hong Kong re-exports74.7Tonnes: 32,445USD per tonne: $2,301,49942.4%Land
South Korea19.4Tonnes: 3,788USD per tonne: $5,124,24511%Air
Taiwan17.9Tonnes: 5,750USD per tonne: $3,108,47310.2%Air
Vietnam16.6Tonnes: 2,906USD per tonne: $5,701,1539.4%Land
India10.4Tonnes: 3,170USD per tonne: $3,274,4235.9%Land
Malaysia8.6Tonnes: 3,602USD per tonne: $2,375,9134.9%Air
Singapore re-exports6.4Tonnes: 1,563USD per tonne: $4,080,3193.6%Air
Mexico3.2Tonnes: 1,483USD per tonne: $2,147,6021.8%Air
Thailand2.5Tonnes: 3,110USD per tonne: $815,1911.4%Air
Germany2.1Tonnes: 3,003USD per tonne: $686,8741.2%Air
Philippines2Tonnes: 1,712USD per tonne: $1,176,7951.1%Air
Japan1.7Tonnes: 1,540USD per tonne: $1,103,1490.96%Air
Brazil1.7Tonnes: 2,169USD per tonne: $780,0110.96%Air
United States1.6Tonnes: 1,289USD per tonne: $1,260,2480.92%Air
Czechia1.1Tonnes: 1,174USD per tonne: $916,2540.61%Air
Indonesia0.86Tonnes: 2,465USD per tonne: $350,3660.49%Air
Poland0.46Tonnes: 2,734USD per tonne: $167,3710.26%Air
Netherlands re-exports0.41Tonnes: 756USD per tonne: $542,5060.23%Air
Turkey0.37Tonnes: 2,150USD per tonne: $173,8130.21%Air
United Kingdom0.31Tonnes: 1,781USD per tonne: $175,4510.18%Air

Trend

Who it sells to

Hong Kong was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • Hong Kong 74.7
  • South Korea 19.4
  • Taiwan 17.9
  • Vietnam 16.6
  • India 10.4

Source: CEPII BACI

Show the numbers
Partner19952024
Hong Kong0.3374.7
South Korea0.0119.4
Taiwan0.0117.9
Vietnam< 0.0116.6
India< 0.0110.4

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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