Telephones in United States | The Observatory of Economic Complexity

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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 LG ELECTRONICS U.S.A. INC. (54.3k), WAL-MART INC. (8.51k), and ROBERT BOSCH TOOL CORPORATION (5.76k) were at the forefront of shipping Telephones to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Telephones exports accounted up to $3.26B and imports accounted up to $8.54B, resulting in a negative trade balance of $5.28B. Between January 2023 and January 2024 the exports of United States' Telephones have increased by $156M (5.03%) from $3.1B to $3.26B, while imports decreased by $-2.64B (-23.6%) from $11.2B to $8.54B.

Destinations In January 2024, Telephones were exported mostly to Hong Kong ($385M), Mexico ($367M), Canada ($353M), Netherlands ($267M), and United Arab Emirates ($202M), and were imported mostly from China ($3.99B), Vietnam ($955M), India ($770M), Mexico ($744M), and Taiwan ($622M).

Growth In January 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 ($91M or 32.5%). In January 2024, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-592M or -24.6%), China ($-168M or -2.74%), and Estonia ($-55.8M or -91.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$156M(5.03%)

IMPORT GROWTH (January 2023 - January 2024)$-2.64B(-23.6%)

MAIN EXPORTER (January 2024)Texas$640M

MAIN DESTINATION (January 2024)Hong Kong$385M

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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