Integrated Circuits in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $2.05B in Integrated Circuits, making it the 19th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 70th most exported product in Italy. The main destination of Integrated Circuits exports from Italy are: Singapore ($520M), Malaysia ($255M), Philippines ($162M), Malta ($125M), and Germany ($103M).

The fastest growing export markets for Integrated Circuits of Italy between 2021 and 2022 were Malaysia ($74.3M), Singapore ($72.9M), and Germany ($49.3M).

Imports In 2022, Italy imported $2.36B in Integrated Circuits, becoming the 27th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 52nd most imported product in Italy. Italy imports Integrated Circuits primarily from: Germany ($527M), Netherlands ($378M), France ($267M), Belgium ($158M), and Singapore ($131M).

The fastest growing import markets in Integrated Circuits for Italy between 2021 and 2022 were Germany ($108M), Belgium ($36.5M), and Chinese Taipei ($25.1M).

COMPANIES In 2023, leading companies such as GIORGIO ARMANI CORPORATION (9) were at the forefront of shipping Integrated Circuits from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Integrated Circuits exports accounted up to €137M and imports accounted up to €121M, resulting in a positive trade balance of €16.3M. Between December 2022 and December 2023 the exports of Italy's Integrated Circuits have decreased by €-3.55M (-2.52%) from €141M to €137M, while imports decreased by €-47.2M (-28%) from €168M to €121M.

Destinations In December 2023, Integrated Circuits were exported mostly to Singapore (€44.4M), Malaysia (€18.3M), France (€8.96M), Philippines (€8.94M), and Taiwan (€5.8M), and were imported mostly from Germany (€28.7M), Netherlands (€24.9M), Singapore (€13.5M), Romania (€11M), and France (€7.75M).

Growth In December 2023, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Malaysia (€-4.16M or -26.6%), South Korea (€-1.76M or -43.6%), and France (€-1.7M or -30.2%). In December 2023, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Malaysia (€-3.39M or -48.3%), China (€-2.54M or -12.8%), and Austria (€-2.14M or -70.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-3.55M(-2.52%)

IMPORT GROWTH (December 2022 - December 2023)€-47.2M(-28%)

MAIN DESTINATION (December 2023)Singapore€44.4M

This section shows Integrated Circuits's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Integrated Circuits over time.

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