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Phones and telecom equipment: top exporters and importers (2024)

In 2024, world trade in phones and telecom equipment totaled $65.7 billion (520 thousand tonnes). China accounted for 56% of exports, followed by Vietnam (11%) and South Korea (6%); the top importers were Vietnam (13%), Hong Kong (12%) and India (11%). Compared with 2019, the value fell 51%.

Summary

World trade
$65.7billion
Tonnes
520thousand tonnes
Price per tonne
$114,450
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$36.9 billion · 56.2%
  2. Vietnam$7.3 billion · 11.1%
  3. South Korea$3.7 billion · 5.6%
  4. Taiwan$2.2 billion · 3.4%
  5. United States$1.7 billion · 2.6%
  6. Malaysia$1.5 billion · 2.3%
  7. Thailand$1.4 billion · 2.2%
  8. Mexico$1.4 billion · 2.1%
  9. Hong Kong$1.3 billion · 2%
    re-exports
  10. Japan$1.1 billion · 1.7%
  11. Singapore$800 million · 1.2%
    re-exports
  12. Germany$668 million · 1%
  13. Netherlands$647 million · 0.99%
    re-exports
  14. India$599 million · 0.91%
  15. Hungary$559 million · 0.85%
  16. Romania$361 million · 0.55%
  17. United Kingdom$290 million · 0.44%
  18. Czechia$236 million · 0.36%
  19. France$222 million · 0.34%
  20. Italy$211 million · 0.32%

Top importers

  1. Vietnam$8.8 billion · 13.3%
  2. Hong Kong$8 billion · 12.2%
    re-exports
  3. India$7.4 billion · 11.3%
  4. China$4.7 billion · 7.2%
  5. United States$4.3 billion · 6.5%
  6. South Korea$3 billion · 4.5%
  7. Indonesia$2.8 billion · 4.3%
  8. Brazil$2.2 billion · 3.3%
  9. Mexico$2.1 billion · 3.2%
  10. Singapore$1.9 billion · 2.9%
    re-exports
  11. Taiwan$1.6 billion · 2.4%
  12. Netherlands$1.4 billion · 2.1%
    re-exports
  13. Malaysia$1.4 billion · 2.1%
  14. Thailand$1.3 billion · 2%
  15. Germany$1 billion · 1.5%
  16. Hungary$924 million · 1.4%
  17. Japan$912 million · 1.4%
  18. United Arab Emirates$746 million · 1.1%
  19. United Kingdom$620 million · 0.94%
  20. Philippines$606 million · 0.92%

Trend

Who sells it

China has been the top exporter since 2003

Value in USD billions. The five largest exporters in 2024.

  • China 36.9
  • Vietnam 7.3
  • South Korea 3.7
  • Taiwan 2.2
  • United States 1.7

Source: CEPII BACI

Show the numbers
Country19952024
China2.236.9
Vietnam< 0.017.3
South Korea0.773.7
Taiwan1.32.2
United States7.11.7

Price

Implied price

The price per tonne rose 96% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $114,450

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$58,265
1996$59,121
1997$62,994
1998$68,396
1999$71,263
2000$86,020
2001$88,790
2002$78,183
2003$78,672
2004$66,359
2005$86,137
2006$88,766
2007$100,808
2008$85,448
2009$70,025
2010$81,674
2011$73,059
2012$97,140
2013$148,763
2014$141,593
2015$151,682
2016$152,996
2017$167,390
2018$149,332
2019$150,490
2020$150,736
2021$156,977
2022$61,149
2023$105,297
2024$114,450

What it includes

  • 8517 · Phones and telecom equipment

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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