Telephones8517 (Harmonized System 1992 for 4-digit)
World Trade (2018): $131B, Rnk 19 / 1225
Top Exporter (2018): $55.3B, China
Top Importer (2018): $23.2B, China
Product Complexity (2018): 0.47, Rnk 386 / 1018
Export Growth (CAGR)(2017 - 2018): -5.42%, Rnk 1143 / 1225
Mean Tariff (2018): 6.31%, Rnk 667 / 1259
Share of World Trade (2018): 0.71%, Rnk 19 / 1225
Overview: This page contains the latest trade data of Telephones. 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).
Trade By Country
Telephones are the world's 19th most traded product.
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).
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).
Trade by country
Top Origin Growth (2017 - 2018): Vietnam, $8.15B
Top Destination Growth (2017 - 2018): United States, $5.89B
Between 2017 and 2018, the exports of Telephones grew the fastest in Vietnam ($8.15B), Hong Kong ($1.92B), United Arab Emirates ($580M), Israel ($401M), and Italy ($278M).
Between 2017 and 2018, the fastest growing importers of Telephones were United States ($5.89B), China ($1.46B), Saudi Arabia ($1.29B), Netherlands ($562M), and Vietnam ($562M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Telephones.
In 2018, market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Telephones are explained by 8 countries.
TOP NET EXPORTER (2018): China, $32B
TOP NET IMPORTER (2018): United States, $16.3B
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Telephones were China ($32B), Mexico ($14B), Vietnam ($12.2B), Chinese Taipei ($1.25B), and South Korea ($448M).
In 2018, the countries that had a largest trade value in imports than in exports of Telephones were United States ($16.3B), Hong Kong ($15.8B), India ($9.28B), Indonesia ($3.19B), and Netherlands ($1.51B).
In 2018, the average tariff for importing Telephones was 6.31%. The countries with the highest tariffs for importing Telephones were Iran (31.8%), Bermuda (25%), Uzbekistan (19.9%), Mauritania (17%), and Syria (16.5%).
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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