Overview: In 2018, Telephones were the world's 19th most traded product, with a total trade of $131B. Between 2017 and 2018 the exports of Telephones decreased by -5.42%, from $138B to $131B. Trade in Telephones represent 0.71% of total world trade.
Exports: In 2018 the top exporters of Telephones were China ($55.3B), Vietnam ($23.1B), Mexico ($16.7B), South Korea ($6.95B), and Hong Kong ($5.71B).
Imports: In 2018 the top importers of Telephones were China ($23.2B), Hong Kong ($21.5B), United States ($18.8B), Vietnam ($10.8B), and India ($9.58B).
Tariffs: In 2018 the average tariff for Telephones was 6.31%, been the 667 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Telephones are Iran (31.8%), Bermuda (25%), Uzbekistan (19.9%), Mauritania (17%), and Syria (16.5%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), United Arab Emirates (0%), and Armenia (0%).
Ranking: Telephones ranks 386th in the Product Complexity Index (PCI).