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

In 2024, Hong Kong exported $12.4 billion of chips (integrated circuits) (8 thousand tonnes), 1.3% of the world total. Vietnam bought 67% of the total, followed by South Korea (8%) and Malaysia (7%). Hong Kong was the world’s 14th-largest exporter of chips (integrated circuits).

Summary

Value
$12.4billion
Tonnes
8thousand tonnes
Share of world total
1.3%
World rank
14th
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
Vietnam8.3Tonnes: 483USD per tonne: $170,62566.8%Sea
South Korea1Tonnes: 143USD per tonne: $7,251,6748.3%Air
Malaysia0.87Tonnes: 3,859USD per tonne: $225,4657%Air
Netherlands re-exports0.41Tonnes: 477USD per tonne: $855,5473.3%Air
Philippines0.36Tonnes: 598USD per tonne: $606,3532.9%Air
India0.18Tonnes: 144USD per tonne: $1,236,5781.4%Air
Russia0.17Tonnes: 28USD per tonne: $616,3131.4%Sea
Hungary0.16Tonnes: 100USD per tonne: $1,646,5081.3%Air
Bangladesh0.13Tonnes: 331USD per tonne: $152,2351%Sea
United Arab Emirates0.11Tonnes: 37USD per tonne: $201,9900.9%Sea
Israel0.1Tonnes: 2USD per tonne: $50,472,8870.84%Air
Singapore re-exports0.08Tonnes: 24USD per tonne: $3,422,0690.66%Air
Taiwan0.06Tonnes: 29USD per tonne: $2,158,9200.51%Air
Brazil0.06Tonnes: 37USD per tonne: $1,573,8410.47%Air
Mexico0.05Tonnes: 9USD per tonne: $5,534,2120.39%Air
China0.04Tonnes: 279USD per tonne: $159,1680.36%Land
Belgium re-exports0.04Tonnes: 130USD per tonne: $295,9370.31%Air
Thailand0.03Tonnes: 56USD per tonne: $551,6710.25%Air
Indonesia0.03Tonnes: 170USD per tonne: $178,6470.25%Air
Germany0.02Tonnes: 19USD per tonne: $1,172,2460.18%Air

Trend

Who it sells to

Vietnam has been its main destination since 2024

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

  • Vietnam 8.3
  • South Korea 1
  • Malaysia 0.87
  • Netherlands 0.41
  • Philippines 0.36

Source: CEPII BACI

Show the numbers
Partner19952024
Vietnam< 0.018.3
South Korea0.351
Malaysia0.090.87
Netherlands< 0.010.41
Philippines0.090.36

Sources and methodology

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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