Telephones8517 (Harmonized System 1992 for 4-digit)
2020 World Trade: $125B, Rnk 16 / 1217
2020 Top Exporter | Top Importer: $51B | $19.6B, China | China
2020 Product Complexity: 1, Rnk 175 / 1028
2019 - 2020 Export Growth (CAGR): -0.44%, Rnk 362 / 1217
2018 Mean Tariff: 6.72%, Rnk 639 / 1259
2020 Share of World Trade: 0.75%, Rnk 16 / 1217
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 and parts thereof; sound recorders and reproducers; television.... 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.
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.
The following visualization shows the latest trends on Telephones. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Telephones are the world's 16th most traded product.
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).
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).
Trade by country
Between 2019 and 2020, the exports of Telephones grew the fastest in Vietnam ($3.15B), South Korea ($1.05B), Chinese Taipei ($624M), Malaysia ($321M), and Czechia ($304M).
Between 2019 and 2020, the fastest growing importers of Telephones were China ($3.12B), Vietnam ($2.77B), Malaysia ($531M), Bangladesh ($436M), and Chinese Taipei ($361M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Telephones.
In 2020, market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Telephones are explained by 8 countries.
This map shows which countries export or import more of Telephones. Each country is colored based on the difference in exports and imports of Telephones during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Telephones were China ($31.4B), South Korea ($7.98B), Vietnam ($4.93B), Mexico ($3.72B), and Chinese Taipei ($1.18B).
In 2020, the countries that had a largest trade value in imports than in exports of Telephones were Hong Kong ($13.6B), United States ($9.89B), India ($6.43B), Indonesia ($2.72B), and Saudi Arabia ($2.29B).
In 2020, the world most traded Telephones, disaggragated by their HS6 level were Parts of line telephone/telegraph equipment, nes ($104B), Telegraphic apparatus, nes ($19.2B), Telephone sets ($1.45B), and Apparatus, for carrier-current line systems, nes ($76.5M)
This visualization shows the countries that have an important ratio of their trade related to Telephones. It is possible to select the main countries that export or import Telephones in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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