HS Icon Telephone sets

851710 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Telephone sets. In 2019, Telephone sets were the world's 1516th most traded product, with a total trade of $1.59B. Between 2018 and 2019 the exports of Telephone sets decreased by -7.45%, from $1.72B to $1.59B. Trade in Telephone sets represent 0.0088% of total world trade.

Exports In 2019 the top exporters of Telephone sets  were China ($424M), Mexico ($185M), Malaysia ($156M), Germany ($150M), and Vietnam ($122M).

Imports In 2019 the top importers of Telephone sets were United States ($382M), Mexico ($115M), France ($101M), Sweden ($91.3M), and Germany ($85.2M).

Tariffs In 2018 the average tariff for Telephone sets was 4.8%, making it the 4295th lowest tariff using the HS6 product classification.

Ranking Telephone sets ranks 3053rd in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $424M

Top Destination (2019): United States, $382M

Telephone sets are the world's 1516th most traded product.

In 2019, the top exporters of Telephone sets were China ($424M), Mexico ($185M), Malaysia ($156M), Germany ($150M), and Vietnam ($122M).

In 2019, the top importers of Telephone sets were United States ($382M), Mexico ($115M), France ($101M), Sweden ($91.3M), and Germany ($85.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Slovakia, $84.6M

Top Destination Growth (2018 - 2019): Sweden, $80.2M

Between 2018 and 2019, the exports of Telephone sets grew the fastest in Slovakia ($84.6M), Mexico ($56.3M), Vietnam ($7.6M), Poland ($6.71M), and India ($6.5M).

Between 2018 and 2019, the fastest growing importers of Telephone sets were Sweden ($80.2M), Nigeria ($29.6M), United States ($14.5M), Sri Lanka ($12.3M), and Venezuela ($9.43M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Telephone sets.

In 2019,  market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Telephone sets are explained by 14 countries.

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TOP NET EXPORTER (2019): China, $414M

TOP NET IMPORTER (2019): United States, $333M

This map shows which countries export or import more of Telephone sets. Each country is colored based on the difference in exports and imports of Telephone sets during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Telephone sets were China ($414M), Malaysia ($151M), Vietnam ($121M), Slovakia ($73.9M), and Mexico ($70.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Telephone sets were United States ($333M), France ($90.6M), Sweden ($84M), Nigeria ($53.1M), and Japan ($44.5M).

Import Tariffs

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In 2018, the average tariff for importing Telephone sets was 4.8%. The countries with the highest tariffs for importing Telephone sets were Austria (7%), Finland (4.6%), and Sweden (3.8%).

Product Complexity

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Diversification Frontier

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Specialization

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.