Overview This page contains the latest trade data of Telephones. In 2020, Telephones were the world's 16th most traded product, with a total trade of $125B. Between 2019 and 2020 the exports of Telephones decreased by -0.44%, from $126B to $125B. Trade in Telephones represent 0.75% of total world trade.
Telephones are a part of Electrical machinery and equipment. They include Parts of line telephone/telegraph equipment, nes, Telegraphic apparatus, nes, Telephonic or telegraphic switching apparatus, Apparatus, for carrier-current line systems, nes, Telephone sets, Telephonic apparatus, nes, and Teleprinters.
Exports In 2020 the top exporters of Telephones were China ($51B), Vietnam ($21.4B), South Korea ($12.9B), Mexico ($11.6B), and Hong Kong ($4.58B).
Imports In 2020 the top importers of Telephones were China ($19.6B), Hong Kong ($18.2B), Vietnam ($16.5B), United States ($12.9B), and Mexico ($7.85B).
Tariffs In 2018 the average tariff for Telephones was 6.72%, making it the 639th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Telephones are Iran (22.6%), Bermuda (25%), and Cayman Islands (22%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), United Arab Emirates (0%), and Armenia (0%).
Ranking Telephones ranks 175th in the Product Complexity Index (PCI).
Description Telephone sets are used to make phone calls. They can be made from a variety of materials, including plastic, metal, and wood.