2019 Exports | Imports: $3.47B | $14B, World Rnk 6 / 208
Rnk 92 / 1217 | World Rnk 3 / 221 Rnk 26 / 1215
2019 Destination | Origin: $1.5B | $8.72B, Mexico | Mexico
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $25.4M | $176M, Saudi Arabia | Vietnam
2019 ECONOMIC COMPLEXITY of United States: 1.64, Rnk 9 / 157
2019 PRODUCT COMPLEXITY IN Telephones: 0.96, Rnk 181 / 1029
Exports: In 2019, United States exported $3.47B in Telephones, making it the 6th largest exporter of Telephones in the world. At the same year, Telephones was the 92nd most exported product in United States. The main destination of Telephones exports from United States are: Mexico ($1.5B), Hong Kong ($192M), Canada ($179M), Netherlands ($155M), and Saudi Arabia ($125M).
The fastest growing export markets for Telephones of United States between 2018 and 2019 were Saudi Arabia ($25.4M), Poland ($17.8M), and Costa Rica ($15.1M).
Imports: In 2019, United States imported $14B in Telephones, becoming the 3rd largest importer of Telephones in the world. At the same year, Telephones was the 26th most imported product in United States. United States imports Telephones primarily from: Mexico ($8.72B), China ($2.57B), Chinese Taipei ($420M), Vietnam ($399M), and South Korea ($308M).
The fastest growing import markets in Telephones for United States between 2018 and 2019 were Vietnam ($176M), Czechia ($106M), and Chinese Taipei ($54M).
Overview: In January 2021 United States' Telephones exports accounted up to $2.72B and imports accounted up to $8.15B, resulting in a negative trade balance of $5.43B. Between January 2020 and January 2021 the exports of United States' Telephones have increased by $307M (12.7%) from $2.42B to $2.72B, while imports increased by $1.43B (21.3%) from $6.72B to $8.15B.
Destinations: In January 2021 Telephones exported mostly to Hong Kong ($456M), United Arab Emirates ($281M), Canada ($260M), Mexico ($249M), and Netherlands ($179M), and imported mostly from China ($4.97B), Vietnam ($955M), Mexico ($712M), Taiwan ($298M), and Thailand ($222M).
Growth: In January 2021, the increase in Telephones's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($139M or 97.8%), Hong Kong ($60.6M or 15.3%), and Netherlands ($22.2M or 14.1%). In January 2021, the increase in Telephones's year-by-year imports was explained primarily by an increase in imports from China ($988M or 24.8%), Vietnam ($211M or 28.3%), and Estonia ($112M or 389%).
EXPORT GROWTH (January 2020 - January 2021): $307M, (12.7%)
IMPORT GROWTH (January 2020 - January 2021): $1.43B, (21.3%)
MAIN EXPORTER (January 2021): Texas, $580M
MAIN DESTINATION (January 2021): Hong Kong, $456M
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.
EXPORTS (2019): $3.47B
IMPORTS (2019): $14B
NET TRADE (2019): -$10.6B
In 2019, United States exported $3.47B in Telephones. The main destinations of United States exports on Telephones were Mexico ($1.5B), Hong Kong ($192M), Canada ($179M), Netherlands ($155M), and Saudi Arabia ($125M).
In 2019, United States imported $14B in Telephones, mainly from Mexico ($8.72B), China ($2.57B), Chinese Taipei ($420M), Vietnam ($399M), and South Korea ($308M).
IN 2019, United States HAD A POSITIVE NET TRADE IN Telephones WITH:
IN 2019, United States HAD A NEGATIVE NET TRADE IN Telephones WITH:
THE FASTEST GROWING Telephones EXPORT MARKETS FOR United States WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY United States WERE (2018 - 2019):
In 2018, United States's main exporting competitors in Telephones were:
In 2017, the tariffs for Telephones in the imports of United States were of 0% around the world.
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