Telephones in United States 2020 Exports | Imports : $3.02B | $12.9B, World Rnk 6 / 208 Rnk 89 / 1217 | World Rnk 4 / 223 Rnk 25 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $43.9M | $164M, Netherlands | Chinese Taipei
Exports In 2020, United States exported $3.02B in Telephones, making it the 6th largest exporter of Telephones in the world. At the same year, Telephones was the 89th most exported product in United States. The main destination of Telephones exports from United States are: Mexico ($1.27B), Netherlands ($199M), Hong Kong ($156M), Canada ($136M), and Saudi Arabia ($122M).
The fastest growing export markets for Telephones of United States between 2019 and 2020 were Netherlands ($43.9M), Venezuela ($25.4M), and Norway ($7.43M).
Imports In 2020, United States imported $12.9B in Telephones, becoming the 4th largest importer of Telephones in the world. At the same year, Telephones was the 25th most imported product in United States. United States imports Telephones primarily from: Mexico ($8.13B), China ($2.12B), Vietnam ($385M), Chinese Taipei ($326M), and South Korea ($251M).
The fastest growing import markets in Telephones for United States between 2019 and 2020 were Chinese Taipei ($164M), Malaysia ($65.3M), and Czechia ($48M).
May 2022
Overview In May 2022 United States' Telephones exports accounted up to $2.58B and imports accounted up to $9.8B, resulting in a negative trade balance of $7.22B. Between May 2021 and May 2022 the exports of United States' Telephones have increased by $68.7M (2.73%) from $2.51B to $2.58B, while imports increased by $2.05B (26.5%) from $7.75B to $9.8B.
Destinations In May 2022, Telephones were exported mostly to Hong Kong ($354M), Canada ($304M), Mexico ($298M), United Arab Emirates ($154M), and Netherlands ($144M), and were imported mostly from China ($4.77B), Vietnam ($2.25B), Mexico ($774M), Taiwan ($477M), and Thailand ($350M).
Growth In May 2022, 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 ($61.4M or 15.5%), and Netherlands ($22M or 14%). In May 2022, the increase in Telephones's year-by-year imports was explained primarily by an increase in imports from China ($1.06B or 27.2%), Vietnam ($211M or 28.3%), and Estonia ($112M or 387%).
EXPORT GROWTH (May 2021 - May 2022): $68.7M, (2.73%)
IMPORT GROWTH (May 2021 - May 2022): $2.05B, (26.5%)
MAIN EXPORTER (May 2022): Texas, $572M
MAIN DESTINATION (May 2022): Hong Kong, $354M
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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EXPORTS (2020): $3.02B
IMPORTS (2020): $12.9B
NET TRADE (2020): -$9.89B
In 2020, United States exported $3.02B in Telephones. The main destinations of United States exports on Telephones were Mexico ($1.27B), Netherlands ($199M), Hong Kong ($156M), Canada ($136M), and Saudi Arabia ($122M).
In 2020, United States imported $12.9B in Telephones, mainly from Mexico ($8.13B), China ($2.12B), Vietnam ($385M), Chinese Taipei ($326M), and South Korea ($251M).
IN 2020, United States HAD A POSITIVE NET TRADE IN Telephones WITH:
IN 2020, United States HAD A NEGATIVE NET TRADE IN Telephones WITH:
THE FASTEST GROWING Telephones EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY United States WERE (2019 - 2020):
In 2019, United States's main exporting competitors in Telephones were:
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