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

In 2024, Taiwan exported $235.7 billion of chips (integrated circuits) (66 thousand tonnes), 23.7% of the world total. Its main destinations were China (21%), Hong Kong (20%) and Singapore (19%). Taiwan was the world’s largest exporter of chips (integrated circuits).

Summary

Value
$235.7billion
Tonnes
66thousand tonnes
Share of world total
23.7%
World rank
1st
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
China48.8Tonnes: 12,464USD per tonne: $3,912,47320.7%Air
Hong Kong re-exports46.9Tonnes: 11,236USD per tonne: $4,173,48719.9%Air
Singapore re-exports45.4Tonnes: 1,437USD per tonne: $31,582,54319.3%Air
South Korea22.3Tonnes: 2,218USD per tonne: $10,046,3589.5%Air
Japan13.5Tonnes: 20,943USD per tonne: $643,7625.7%Air
United States11.1Tonnes: 2,010USD per tonne: $5,533,3784.7%Air
Thailand10Tonnes: 1,965USD per tonne: $5,106,2364.3%Air
Malaysia9.4Tonnes: 2,621USD per tonne: $3,602,8834%Air
India5.9Tonnes: 495USD per tonne: $11,968,2712.5%Air
Mexico4.8Tonnes: 818USD per tonne: $5,851,1452%Air
Vietnam4.3Tonnes: 582USD per tonne: $7,471,6561.8%Air
Germany3.9Tonnes: 1,419USD per tonne: $2,716,4221.6%Air
Philippines1.9Tonnes: 1,518USD per tonne: $1,258,8160.81%Air
France1.1Tonnes: 2,005USD per tonne: $554,6810.47%Air
Brazil1.1Tonnes: 219USD per tonne: $4,861,0070.45%Air
Indonesia1Tonnes: 448USD per tonne: $2,254,3120.43%Air
United Kingdom0.49Tonnes: 284USD per tonne: $1,712,0430.21%Air
Belgium re-exports0.42Tonnes: 275USD per tonne: $1,530,6550.18%Air
Israel0.3Tonnes: 8USD per tonne: $36,395,5290.13%Air
Canada0.29Tonnes: 114USD per tonne: $2,546,3960.12%Air

Trend

Who it sells to

China has been its main destination since 2024

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

  • China 48.8
  • Hong Kong 46.9
  • Singapore 45.4
  • South Korea 22.3
  • Japan 13.5

Source: CEPII BACI

Show the numbers
Partner19952024
China0.2848.8
Hong Kong1.346.9
Singapore0.7545.4
South Korea0.3822.3
Japan0.6713.5

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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