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Who buys the Philippines’ chips (integrated circuits)? Export destinations 2024

In 2024, the Philippines exported $23.7 billion of chips (integrated circuits) (17 thousand tonnes), 2.4% of the world total. Its main destinations were Hong Kong (25%), China (25%) and Singapore (10%). The Philippines was the world’s 9th-largest exporter of chips (integrated circuits).

Summary

Value
$23.7billion
Tonnes
17thousand tonnes
Share of world total
2.4%
World rank
9th
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-exports5.9Tonnes: 2,747USD per tonne: $2,154,95724.9%Air
China5.9Tonnes: 1,346USD per tonne: $4,363,33224.7%Air
Singapore re-exports2.4Tonnes: 250USD per tonne: $9,563,02310.1%Air
Germany1.5Tonnes: 689USD per tonne: $2,208,2986.4%Air
United States0.99Tonnes: 442USD per tonne: $2,237,4344.2%Air
Taiwan0.97Tonnes: 503USD per tonne: $1,919,8054.1%Air
South Korea0.75Tonnes: 3,898USD per tonne: $193,0193.2%Air
Malaysia0.72Tonnes: 868USD per tonne: $833,0323%Air
Netherlands re-exports0.68Tonnes: 278USD per tonne: $2,441,3812.9%Air
Thailand0.64Tonnes: 534USD per tonne: $1,190,0392.7%Air
Japan0.61Tonnes: 2,404USD per tonne: $251,8582.6%Air
Mexico0.59Tonnes: 224USD per tonne: $2,630,0642.5%Air
Indonesia0.4Tonnes: 259USD per tonne: $1,558,2201.7%Air
Vietnam0.36Tonnes: 82USD per tonne: $417,6721.5%Sea
India0.16Tonnes: 30USD per tonne: $5,432,9670.68%Air
Israel0.12Tonnes: 7USD per tonne: $16,605,0010.51%Air
Austria0.12Tonnes: 120USD per tonne: $964,9950.49%Air
France0.12Tonnes: 100USD per tonne: $1,158,4950.49%Air
Canada0.11Tonnes: 49USD per tonne: $2,260,6890.47%Air
United Kingdom0.09Tonnes: 84USD per tonne: $1,129,7880.4%Air

Trend

Who it sells to

Hong Kong has been its main destination since 2022

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

  • Hong Kong 5.9
  • China 5.9
  • Singapore 2.4
  • Germany 1.5
  • United States 0.99

Source: CEPII BACI

Show the numbers
Partner19952024
Hong Kong0.165.9
China< 0.015.9
Singapore0.482.4
Germany0.131.5
United States1.80.99

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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