2022
Exports
$1.99BWorld Rnk 6 / 214
Flag Rnk 157 / 1217
2022
PRODUCT COMPLEXITY IN Telephones
0.51Rnk 360 / 1025
2022
Imports
$5.55BWorld Rnk 5 / 222
Flag Rnk 111 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.99B in Telephones, making it the 6th largest exporter of Telephones in the world. At the same year, Telephones was the 157th most exported product in United States. The main destination of Telephones exports from United States are: Mexico ($451M), Canada ($160M), Venezuela ($151M), Hong Kong ($139M), and Netherlands ($126M).

The fastest growing export markets for Telephones of United States between 2021 and 2022 were Venezuela ($53.7M), South Korea ($25.4M), and United Arab Emirates ($19.6M).

Imports In 2022, United States imported $5.55B in Telephones, becoming the 5th largest importer of Telephones in the world. At the same year, Telephones was the 111th most imported product in United States. United States imports Telephones primarily from: China ($2.39B), Vietnam ($670M), Chinese Taipei ($386M), Mexico ($358M), and South Korea ($242M).

The fastest growing import markets in Telephones for United States between 2021 and 2022 were Vietnam ($131M), China ($120M), and Chinese Taipei ($98.7M).

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

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-24.6M(-0.76%)
IMPORT GROWTH (July 2023 - July 2024)$412M(4.75%)
MAIN EXPORTER (July 2024)Texas$692M
MAIN DESTINATION (July 2024)Mexico$511M

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 (2022)$1.99B
IMPORTS (2022)$5.55B
NET TRADE (2022)-$3.56B

In 2022, United States exported $1.99B in Telephones. The main destinations of United States exports on Telephones were Mexico ($451M), Canada ($160M), Venezuela ($151M), Hong Kong ($139M), and Netherlands ($126M).

In 2022, United States imported $5.55B in Telephones, mainly from China ($2.39B), Vietnam ($670M), Chinese Taipei ($386M), Mexico ($358M), and South Korea ($242M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR United States WERE (2021 - 2022):
Venezuela$53.7M (55.4%)
South Korea$25.4M (84%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY United States WERE (2021 - 2022):
China-$54.1M (-42%)
Mexico-$31.9M (-6.61%)
Brazil-$26.3M (-44.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Telephones were:
In 2022, United States's main importing competitors in Telephones were:
China $21.3B
Vietnam $9.43B

Explore Visualizations

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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