Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Singapore | Imports and Exports | World | Electronic integrated circuits | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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8542. Electronic integrated circuits and microassembliesSingaporeWorldExportsValue (US$)75,262,832,022.0083,052,356,788.1283,706,313,334.6775,750,886,913.1871,780,578,652.8580,022,190,911.7282,896,367,853.8576,857,324,364.7186,222,362,440.63112,436,937,971.11121,992,934,040.50104,450,773,511.43
Value Growth, YoY (%)-0.8810.340.78-9.50-5.2411.483.59-7.2812.1830.408.49-14.37
ImportsValue (US$)54,165,777,530.0059,380,073,869.2458,342,359,471.5153,054,347,144.7053,338,765,998.3159,207,993,273.6363,842,252,142.7160,558,801,043.4671,678,839,467.9394,360,155,711.60107,960,571,688.3987,675,731,885.94
Value Growth, YoY (%)6.709.62-1.74-9.060.5311.007.82-5.1418.3631.6414.41-18.78

The value of exports of commodity group 8542 "Electronic integrated circuits and microassemblies" from Singapore totalled $ 104 billion in 2023. Sales of commodity group 8542 from Singapore decreased by 14.3% in value terms compared to 2022. exports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 17.5 billion (cumulative exports of commodity group 8542 from Singapore amounted $121 billion in 2022)

Exports of commodity group 8542 "Electronic integrated circuits and microassemblies" amounted to 21% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 8542 in total exports from Singapore decreased by 1.71 p.p. compared to 2022 (it was 23% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).

Exports of commodity group 8542 amounted to 64% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $161 billion in 2023). The share of exports of commodity group 8542 in sales of commodity group from Singapore lowered by 2.81 p.p. compared to 2022 (it was 67% in 2022, and exports of commodity group from Singapore were $180 billion).

Where does Singapore export Electronic integrated circuits and microassemblies?

Top export destinations of "Electronic integrated circuits and microassemblies" from Singapore in 2023:

  • Hong Kong with a share of 28% (29 billion US$)
  • China with a share of 18.2% (19 billion US$)
  • Malaysia with a share of 8.7% (9.09 billion US$)
  • Other Asia, nes with a share of 8.16% (8.52 billion US$)
  • Vietnam with a share of 6.78% (7.09 billion US$)
  • Korea with a share of 5.65% (5.9 billion US$)
  • Thailand with a share of 4.58% (4.79 billion US$)
  • USA with a share of 3.77% (3.93 billion US$)
  • Japan with a share of 3.22% (3.37 billion US$)
  • Germany with a share of 2.9% (3.03 billion US$)

Exports structure of 8542 - Electronic integrated circuits and microassemblies - from Singapore in 2023 represented by the following main commodity groups:

  • 1.75% (1.83 billion US$): 854290 - Parts of the electronic integrated circuits & microassemblies of 85.42

The value of imports of commodity group 8542 "Electronic integrated circuits and microassemblies" to Singapore totalled $ 87 billion in 2023. Sales of commodity group 8542 to Singapore decreased by 18.7% in value terms compared to 2022. imports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 20 billion (the value of imports of commodity group 8542 to Singapore was equal to $107 billion in 2022)

Imports of commodity group 8542 "Electronic integrated circuits and microassemblies" accounted for 20% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 8542 in total imports to Singapore decreased by 1.95 p.p. compared to 2022 (it was 22% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 8542 reached 66% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $131 billion in 2023). The share of purchases of commodity group 8542 in imports of commodity group to Singapore went down by 3.01 p.p. compared to 2022 (it was 69% in 2022, and imports of commodity group to Singapore accounted for $154 billion).

Where does Singapore import Electronic integrated circuits and microassemblies from?

Top trading partners (import of "Electronic integrated circuits and microassemblies") of Singapore in 2023:

  • Other Asia, nes with a share of 44% (39 billion US$)
  • Korea with a share of 17.4% (15.2 billion US$)
  • Malaysia with a share of 13.3% (11.6 billion US$)
  • China with a share of 6.61% (5.79 billion US$)
  • Japan with a share of 4.51% (3.95 billion US$)
  • Philippines with a share of 3.71% (3.25 billion US$)
  • Thailand with a share of 3.25% (2.85 billion US$)
  • USA with a share of 1.11% (979 million US$)
  • Germany with a share of 1.1% (964 million US$)
  • Italy - 851 million US$

Imports structure of 8542 - Electronic integrated circuits and microassemblies - to Singapore in 2023 represented by the following main commodity groups:

  • 3.67% (3.21 billion US$): 854290 - Parts of the electronic integrated circuits & microassemblies of 85.42

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Singapore | Imports and Exports | World | Electronic integrated circuits | Value (US$) and Value Growth, YoY (%) | 2012 - 2023