Telephones8517 (Harmonized System 1992 for 4-digit)
2019 World Trade: $128B, Rnk 19 / 1217
2019 Top Exporter | Top Importer: $54.8B | $20.7B, China | Hong Kong
2019 Product Complexity: 0.79, Rnk 225 / 961
2018 - 2019 Export Growth (CAGR): -3.36%, Rnk 650 / 1217
2018 Mean Tariff: 6.31%, Rnk 667 / 1259
2019 Share of World Trade: 0.7%, Rnk 19 / 1217
Overview This page contains the latest trade data of Telephones. In 2019, Telephones were the world's 19th most traded product, with a total trade of $128B. Between 2018 and 2019 the exports of Telephones decreased by -3.36%, from $132B to $128B. Trade in Telephones represent 0.7% of total world trade.
Exports In 2019 the top exporters of Telephones were China ($54.8B), Vietnam ($18.2B), Mexico ($12.5B), South Korea ($12.1B), and Hong Kong ($5.77B).
Imports In 2019 the top importers of Telephones were Hong Kong ($20.7B), China ($16.7B), United States ($14B), Vietnam ($13.7B), and India ($8.55B).
Tariffs In 2018 the average tariff for Telephones was 6.31%, making it the 667th 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 225th 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.
Trade By Country
Telephones are the world's 19th most traded product.
In 2019, the top exporters of Telephones were China ($54.8B), Vietnam ($18.2B), Mexico ($12.5B), South Korea ($12.1B), and Hong Kong ($5.77B).
In 2019, the top importers of Telephones were Hong Kong ($20.7B), China ($16.7B), United States ($14B), Vietnam ($13.7B), and India ($8.55B).
Trade by country
Top Origin Growth (2018 - 2019): South Korea, $4.79B
Top Destination Growth (2018 - 2019): Vietnam, $3.1B
Between 2018 and 2019, the exports of Telephones grew the fastest in South Korea ($4.79B), Hong Kong ($1.01B), Singapore ($438M), Chinese Taipei ($255M), and Czechia ($179M).
Between 2018 and 2019, the fastest growing importers of Telephones were Vietnam ($3.1B), Saudi Arabia ($953M), South Korea ($662M), Chinese Taipei ($576M), and Singapore ($507M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Telephones.
In 2019, 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 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Telephones were China ($38.1B), South Korea ($4.75B), Vietnam ($4.48B), Mexico ($4.3B), and Chinese Taipei ($1.18B).
In 2019, the countries that had a largest trade value in imports than in exports of Telephones were Hong Kong ($15B), United States ($10.6B), India ($8.17B), Indonesia ($2.97B), and Saudi Arabia ($2.47B).
In 2019, the world most traded Telephones, disaggragated by their HS6 level were Parts of line telephone/telegraph equipment, nes ($106B), Telegraphic apparatus, nes ($20.2B), Telephone sets ($1.59B), Apparatus, for carrier-current line systems, nes ($155M), and Telephonic or telegraphic switching apparatus ($13.2M)
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.