Electronic Integrated Circuits Export of Taiwan in 2024: A Brief Overview of the Top Trade Partners and Changes in Trade Strategies

Taiwan’s electronic integrated circuit export sector has come across several trade fluctuations, solidifying its pivotal role in the global semiconductor supply chain. The total export has accounted for 65.2% of the annual revenue generation. Taiwan Import Data says, the surge in global exports was driven by heightened global demand for advanced technologies, which fueled the annual valuation of the electronic integrated circuit trade of Taiwan in 2024. The country’s dominance in the industry is mainly due to companies like TSMC, which play a critical role in the global electronics market.

The surge in the growing trade demands, along with the evolution of the cutting-edge technologies used for manufacturing electronic integrated circuits in the industrial sectors, has recorded an annual export trade value of electronic integrated circuits worth 86 billion US dollars in 2024. Import Globals, with its Taiwan trade data, highlights the regional shipments of electronic integrated circuits from the trade firms to other importing destinations worldwide. The Valuable Trade Assets properly highlights the potential marketing zones that can be a valuable source for the business holders to actively monitor competitors’ engagement in categorized trades to make decisions regarding investments based on foreign trade rates.

THE SIGNIFICANCE OF THE ELECTRONIC INTEGRATED CIRCUITS EXPORT OF TAIWAN IN 2024

The semiconductor export of Taiwan is on its way to record-breaking export growth, with a surge of 28.2% in the year-on-year trade increase. It also shares a substantial contribution to the GDP value, with IC manufacturing alone accounting for 48% of the revenue generation, highlighting the substantial contribution. Taiwan’s comprehensive semiconductor supply chain shows dominance in global trade via manufacturing, testing, and packaging capabilities, which position the country as a critical player in the electronics market.

The diversifying trade has reached several competitors, including the United States and China, which has recorded a strategic shift in trade relations, reducing the nation's dependency on a single market for its foreign imports of electronic integrated circuits. Effective pricing strategies are attracting a large number of foreign investment opportunities to establish semiconductor services, fostering international collaboration.

THE LEADING VARIANT OF ELECTRONIC INTEGRATED CIRCUITS EXPORTED FROM TAIWAN IN 2024

The electronic integrated circuits export of Taiwan, being a majority contributor to the annual GDP value, has fostered a solidifying position critically. According to the Taiwan Export Data, the top 10 leading variants of electronic integrated circuits exported from the nation in 2024 are,

  1. Logic Integrated Circuits — Export trade value of Logic Integrated Circuits from Taiwan in 2024–22 billion US dollars
  2. Memory Integrated Circuits — Export trade value of Memory Integrated Circuits from Taiwan in 2024–18 billion US dollars
  3. Analog Integrated Circuits — Export trade value of Analog Integrated Circuits from Taiwan in 2024–9 billion US dollars
  4. Microprocessors — Export trade value of Microprocessors from Taiwan in 2024–8 billion US dollars
  5. Microcontrollers — Export trade value of Microcontrollers from Taiwan in 2024–7 billion US dollars
  6. Application-Specific Integrated Circuits — Export trade value of Application-Specific Integrated Circuits from Taiwan in 2024–6 billion US dollars
  7. System-on-Chip — Export trade value of System-on-Chip from Taiwan in 2024–5 billion US dollars
  8. Power Management ICs — Export trade value of Power Management ICs from Taiwan in 2024–4 billion US dollars
  9. Radio Frequency ICs — Export trade value of Radio Frequency ICs from Taiwan in 2024–3 billion US dollars
  10. Optoelectronic Integrated Circuits — Export trade value of Optoelectronic Integrated Circuits from Taiwan in 2024–2.4 billion US dollars

THE TOP 10 EXPORT TRADE PARTNERS OF TAIWAN FOR ELECTRONIC INTEGRATED CIRCUITS IN 2024

Electronic Integrated Circuit Global Supply has countered the annual revenue generation of the nation at a positive rate. The country has adopted proper pricing strategies to set a trade rate up to the mark, with the top importing destinations having better tariff rates. According to the Taiwan Customs Data, the top 10 export trade partners of the nation for electronic integrated circuits in 2024 are,

  1. United States — The export trade value of electronic integrated circuits exported from Taiwan to the United States in 2024–18 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. AND gates

2. OR gates

3. XOR gates

4. NAND gates

5. NOR gates

2. China — The export trade value of electronic integrated circuits exported from Taiwan to China in 2024–12 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. NOT gates

2. Inverters

3. Flip-flops

4. Multiplexers

5. Demultiplexers

3. Hong Kong — The export trade value of electronic integrated circuits exported from Taiwan to Hong Kong in 2024–9 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. Decoders

2. Encoders

3. Shift registers

4. Counters

5. Timers

4. Singapore — The export trade value of electronic integrated circuits exported from Taiwan to Singapore in 2024–7.6 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. Memory buffers

2. Clock generators

3. Phase-locked loops

4. Oscillators

5. Intel x86 series processors

5. Japan — The export trade value of electronic integrated circuits exported from Taiwan to Japan in 2024–5.8 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. ARM Cortex series processors

2. RISC

3. Embedded processors

4. Digital Signal Processors (DSP)

5. Intel Core i7/i9 series processors

  1. South Korea — The export trade value of electronic integrated circuits exported from Taiwan to South Korea in 2024–4.7 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. Microcontrollers

2. MIPS processors

3. PIC microcontrollers

4. Dynamic RAM

5. Static RAM

7. European Union (EU) — The export trade value of electronic integrated circuits exported from Taiwan to the European Union (EU) in 2024–3.5 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. Flash memory

2. EEPROM

3. EPROM

4. SRAM controllers

5. NOR Flash

8. Malaysia — The export trade value of electronic integrated circuits exported from Taiwan to Malaysia in 2024–2.8 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. Operational amplifiers

2. Voltage regulators

3. Comparator ICs

4. Linear voltage regulators

5. Differential amplifiers

9. Vietnam — The export trade value of electronic integrated circuits exported from Taiwan to Vietnam in 2024–1.7 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. Low-noise amplifiers

2. Voltage regulators

3. Differential amplifiers

4. DC-DC converters

5. Power MOSFETs

10. Germany — The export trade value of electronic integrated circuits exported from Taiwan to Germany in 2024–1.5 billion US dollars

Top 5 variants of electronic integrated circuits exported

1. RF power amplifiers

2. Low-noise amplifiers

3. Frequency synthesizers

4. Modulators and demodulators

5. RF mixers

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