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2023
Exports $1.86BWorld Rnk 5 / 213
Flag Rnk 162 / 1217
2023
Destination $397M Mexico
2022 - 2023
FASTEST GROWING MARKET $397MMexico
2023
PRODUCT COMPLEXITY IN Telephones0.76Rnk 264 / 1025
2023
Imports $3.95BWorld Rnk 5 / 222
Flag Rnk 139 / 1215
2023
Origin $184M China
2022 - 2023
FASTEST GROWING ORIGIN $184MMalaysia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.86B in Telephones, making it the 5th largest exporter of Telephones in the world. At the same year, Telephones was the 162nd most exported product in United States. The main destination of Telephones exports from United States are: Mexico ($486M), Venezuela ($164M), Hong Kong ($124M), Netherlands ($105M), and South Korea ($92.1M).

The fastest growing export markets for Telephones of United States between 2022 and 2023 were Mexico ($397M), United Arab Emirates ($42.7M), and South Korea ($17.7M).

Imports In 2023, United States imported $3.95B in Telephones, becoming the 5th largest importer of Telephones in the world. At the same year, Telephones was the 139th most imported product in United States. United States imports Telephones primarily from: China ($1.12B), Mexico ($912M), Chinese Taipei ($369M), Vietnam ($298M), and Malaysia ($278M).

The fastest growing import markets in Telephones for United States between 2022 and 2023 were Malaysia ($184M), Chinese Taipei ($182M), and Mexico ($64.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (660), Stelfast (654), and Asus Computer (367) were at the forefront of shipping Telephones to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Telephones exports accounted up to $3.59B and imports accounted up to $11B, resulting in a negative trade balance of $7.44B. Between November 2023 and November 2024 the exports of United States'   Telephones have increased by $328M (10.1%) from $3.26B to $3.59B, while imports decreased by $-332M (-2.92%) from $11.4B to $11B.

Destinations In November 2024, Telephones were exported mostly to Hong Kong ($496M), Canada ($430M), Mexico ($401M), Netherlands ($214M), and Paraguay ($211M), and were imported mostly from China ($5.51B), Vietnam ($1.57B), Mexico ($895M), Thailand ($670M), and India ($628M).

Growth In November 2024, the increase in Telephones's year-by-year exports was explained primarily by an increase in exports to Poland ($229M or 4.04k%), Canada ($115M or 39.5%), and Mexico ($91M or 32.5%). In November 2024, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-592M or -24.6%), China ($-168M or -2.74%), and Estonia ($-55.8M or -91.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$328M(10.1%)
IMPORT GROWTH (November 2023 - November 2024)$-332M(-2.92%)
MAIN EXPORTER (November 2024)Texas$806M
MAIN DESTINATION (November 2024)Hong Kong$496M

This section shows Telephones's exports and imports data at subnational level for United States. 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 Telephones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.86B
IMPORTS (2023)$3.95B
NET TRADE (2023)-$2.09B

In 2023, United States exported $1.86B in Telephones. The main destinations of United States exports on Telephones were Mexico ($486M), Venezuela ($164M), Hong Kong ($124M), Netherlands ($105M), and South Korea ($92.1M).

In 2023, United States imported $3.95B in Telephones, mainly from China ($1.12B), Mexico ($912M), Chinese Taipei ($369M), Vietnam ($298M), and Malaysia ($278M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$397M (449%)
United Arab Emirates$42.7M (216%)
South Korea$17.7M (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY United States WERE (2022 - 2023):
Hong Kong-$43.4M (-26%)
India-$21M (-55.5%)
Canada-$15.6M (-21.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Telephones were:
China $38.2B
Vietnam $5.61B
South Korea $3.24B
In 2023, United States's main importing competitors in Telephones were:
India $10.3B
Hong Kong $9.11B
Vietnam $6.47B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $964M
TOP IMPORT POTENTIALMexico+ $2.44B

Telephones’s highest export potential is Canada. With an export gap of $964M.   Telephones’s highest import potential is Mexico with an import gap of $2.44B.

See methodology.

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