China’s integrated circuit (IC) exports jumped 84.92% year-on-year in March, accelerating from 72.6% growth in the first two months of 2026, according to customs data.

Total March exports rose 2.5% YoY to $511.3 billion surplus. High-end manufacturing drove growth:

• IC exports: +84.92%

• Auto exports: +43.85%

• Ship exports: +35.76%

• Automatic data processing equipment: +37.11%

• High-tech product exports: +31.36% (vs 7.29% a year ago)

In Q1 2026, China’s IC exports reached $43.3 billion, up 72.6% YoY – a historic high.

Overseas revenue of 59 listed semiconductor firms surged 23% in 2025 to over 101.8 billion RMB, with nearly 80% of those companies posting YoY growth. De Ming Li, SmartSens, Biwin, and Montage Technology each saw >50% growth in offshore income.

Southeast Asia remains a top destination. Vietnam, Malaysia, and Thailand absorb massive consumer electronics assembly, fueling demand for mature-node chips. Chinese chips offer 50% lower prices than Western peers while ensuring supply chain security – a key advantage after global disruptions.

On the auto front, March vehicle exports hit 875,000 units, up 72.7% YoY. Q1 auto exports totaled 2.226 million units, up 56.7%. China brand passenger cars captured 67.7% market share in March.

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