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Where does South Korea get its chips (integrated circuits)? Import sources 2024

In 2024, South Korea imported $59.6 billion of chips (integrated circuits) (61 thousand tonnes), 6% of the world total. Its main sources were Taiwan (37%), China (33%) and Japan (10%). South Korea was the world’s 6th-largest importer of chips (integrated circuits).

Summary

Value
$59.6billion
Tonnes
61thousand tonnes
Share of world total
6%
World rank
6th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Taiwan22.3Tonnes: 2,218USD per tonne: $10,046,35837.4%Air
China19.4Tonnes: 3,788USD per tonne: $5,124,24532.6%Air
Japan5.9Tonnes: 3,609USD per tonne: $1,625,4479.8%Air
Singapore re-exports3Tonnes: 305USD per tonne: $9,755,0065%Air
United States2.9Tonnes: 27,945USD per tonne: $103,8554.9%Air
Malaysia1.9Tonnes: 617USD per tonne: $3,082,5133.2%Air
Hong Kong re-exports1Tonnes: 143USD per tonne: $7,251,6741.7%Air
Philippines0.75Tonnes: 3,898USD per tonne: $193,0191.3%Air
Germany0.72Tonnes: 3,244USD per tonne: $220,9731.2%Air
Vietnam0.39Tonnes: 725USD per tonne: $534,8470.65%Air
France0.37Tonnes: 1,684USD per tonne: $217,5120.61%Air
Thailand0.31Tonnes: 1,244USD per tonne: $245,7910.51%Air
Malta0.18Tonnes: 25USD per tonne: $7,265,2640.3%Air
Indonesia0.07Tonnes: 1,061USD per tonne: $64,4240.11%Air
Israel0.06Tonnes: 2USD per tonne: $26,242,7330.1%Air
India0.05Tonnes: 14USD per tonne: $3,779,9470.09%Air
Netherlands re-exports0.05Tonnes: 20USD per tonne: $2,546,0210.08%Air
Italy0.05Tonnes: 37USD per tonne: $1,319,5350.08%Air
Mexico0.05Tonnes: 26USD per tonne: $1,744,2230.08%Air
Morocco0.03Tonnes: 14USD per tonne: $1,945,8720.05%Air

Trend

Who it buys from

Taiwan has been its main source since 2024

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

  • Taiwan 22.3
  • China 19.4
  • Japan 5.9
  • Singapore 3
  • United States 2.9

Source: CEPII BACI

Show the numbers
Partner19952024
Taiwan0.3822.3
China0.0119.4
Japan1.65.9
Singapore0.473
United States2.92.9

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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