The value of exports of commodity group 8542 "Electronic integrated circuits and microassemblies" from China totalled $ 136 billion in 2023. Sales of commodity group 8542 from China decreased by 11.7% in value terms compared to 2022. exports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 18.1 billion (cumulative exports of commodity group 8542 from China amounted $154 billion in 2022)
Exports of commodity group 8542 "Electronic integrated circuits and microassemblies" amounted to 4.03% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 8542 in total exports from China decreased by 0.266 p.p. compared to 2022 (it was 4.29% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Exports of commodity group 8542 amounted to 15.2% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $896 billion in 2023). The share of exports of commodity group 8542 in sales of commodity group from China lowered by 0.975 p.p. compared to 2022 (it was 16.1% in 2022, and exports of commodity group from China were $954 billion).
Top export destinations of "Electronic integrated circuits and microassemblies" from China in 2023:
The value of imports of commodity group 8542 "Electronic integrated circuits and microassemblies" to China totalled $ 350 billion in 2023. Sales of commodity group 8542 to China decreased by 15.9% in value terms compared to 2022. imports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 66 billion (the value of imports of commodity group 8542 to China was equal to $416 billion in 2022)
Imports of commodity group 8542 "Electronic integrated circuits and microassemblies" accounted for 13.6% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 8542 in total imports to China decreased by 1.64 p.p. compared to 2022 (it was 15.3% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Imports of commodity group 8542 reached 63% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $548 billion in 2023). The share of purchases of commodity group 8542 in imports of commodity group to China went down by 0.796 p.p. compared to 2022 (it was 64% in 2022, and imports of commodity group to China accounted for $644 billion).
Top trading partners (import of "Electronic integrated circuits and microassemblies") of China in 2023: