2023
Exports
$474MWorld Rnk 16 / 213
Flag Rnk 166 / 1212
2023
PRODUCT COMPLEXITY IN Telephones
0.76Rnk 264 / 1025
2023
Imports
$10.3BWorld Rnk 1 / 222
Flag Rnk 9 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $474M in Telephones, making it the 16th largest exporter of Telephones in the world. At the same year, Telephones was the 166th most exported product in India. The main destination of Telephones exports from India are: China ($191M), United States ($69.3M), Hong Kong ($57.9M), Netherlands ($23.5M), and United Kingdom ($21.9M).

The fastest growing export markets for Telephones of India between 2022 and 2023 were China ($79.6M), Hong Kong ($31M), and Mexico ($9.21M).

Imports In 2023, India imported $10.3B in Telephones, becoming the 1st largest importer of Telephones in the world. At the same year, Telephones was the 9th most imported product in India. India imports Telephones primarily from: China ($8.98B), Vietnam ($577M), South Korea ($193M), Mexico ($137M), and Chinese Taipei ($107M).

The fastest growing import markets in Telephones for India between 2022 and 2023 were China ($5.52B), Vietnam ($133M), and Mexico ($128M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (4) and Haas Automation (1) were at the forefront of shipping Telephones from India to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Telephones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$474M
IMPORTS (2023)$10.3B
NET TRADE (2023)-$9.82B

In 2023, India exported $474M in Telephones. The main destinations of India exports on Telephones were China ($191M), United States ($69.3M), Hong Kong ($57.9M), Netherlands ($23.5M), and United Kingdom ($21.9M).

In 2023, India imported $10.3B in Telephones, mainly from China ($8.98B), Vietnam ($577M), South Korea ($193M), Mexico ($137M), and Chinese Taipei ($107M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR India WERE (2022 - 2023):
China$79.6M (71.4%)
Hong Kong$31M (115%)
Mexico$9.21M (1.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY India WERE (2022 - 2023):
United States-$63.5M (-47.8%)
Indonesia-$11.4M (-73.8%)
United Kingdom-$9.79M (-30.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Telephones were:
In 2023, India's main importing competitors in Telephones were:

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.46B
TOP IMPORT POTENTIALChina+ $5.05B

Telephones’s highest export potential is United States. With an export gap of $1.46B.   Telephones’s highest import potential is China with an import gap of $5.05B.

See methodology.

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