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

In 2024, Singapore exported $70.7 billion of chips (integrated circuits) (26 thousand tonnes), 7.1% of the world total. Its main destinations were Hong Kong (50%), China (11%) and Malaysia (11%). Singapore was the world’s 5th-largest exporter of chips (integrated circuits).

Summary

Value
$70.7billion
Tonnes
26thousand tonnes
Share of world total
7.1%
World rank
5th
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-exports35.1Tonnes: 10,134USD per tonne: $3,465,13649.6%Air
China8.1Tonnes: 502USD per tonne: $16,092,35311.4%Air
Malaysia8Tonnes: 4,624USD per tonne: $1,721,25511.3%Air
Vietnam6.8Tonnes: 28USD per tonne: $504,6429.6%Sea
Taiwan3.7Tonnes: 371USD per tonne: $9,865,9195.2%Air
South Korea3Tonnes: 305USD per tonne: $9,755,0064.2%Air
Philippines1Tonnes: 643USD per tonne: $1,575,6931.4%Air
Japan0.86Tonnes: 1,486USD per tonne: $579,2411.2%Air
Thailand0.66Tonnes: 324USD per tonne: $2,031,2680.93%Air
Netherlands re-exports0.51Tonnes: 110USD per tonne: $4,587,1230.71%Air
India0.47Tonnes: 92USD per tonne: $5,184,9440.67%Air
United States0.41Tonnes: 342USD per tonne: $1,200,4850.58%Air
Germany0.4Tonnes: 117USD per tonne: $3,413,6160.57%Air
Mexico0.38Tonnes: 146USD per tonne: $2,622,8640.54%Air
Portugal0.26Tonnes: 63USD per tonne: $4,124,5880.37%Air
Indonesia0.23Tonnes: 5,383USD per tonne: $43,1630.33%Sea
Brazil0.21Tonnes: 52USD per tonne: $4,022,0900.29%Air
Italy0.14Tonnes: 36USD per tonne: $3,789,3510.19%Air
France0.12Tonnes: 297USD per tonne: $391,8120.16%Air
Hungary0.1Tonnes: 18USD per tonne: $5,861,4980.15%Air

Trend

Who it sells to

Hong Kong has been its main destination since 2004

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

  • Hong Kong 35.1
  • China 8.1
  • Malaysia 8
  • Vietnam 6.8
  • Taiwan 3.7

Source: CEPII BACI

Show the numbers
Partner19952024
Hong Kong2.135.1
China0.168.1
Malaysia1.58
Vietnam< 0.016.8
Taiwan1.43.7

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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