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.