Telephones
8517 (Harmonized System 1992 for 4-digit)
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.
Product Trade
#permalink to sectionExporters and Importers
#permalink to sectionTrade 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).
Market Dynamics
#permalink to sectionTrade 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).
Market Concentration
#permalink to sectionCumulative 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.
Net Trade
#permalink to sectionThis 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).
Disaggregation
#permalink to sectionIn 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)
Tariffs
#permalink to sectionImport Tariffs
#permalink to sectionIn 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%).
Product Complexity
#permalink to sectionDiversification Frontier
#permalink to sectionThe 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.
