China Dominates 2023 Global Smartphone Trade Surplus

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Adi Ahdiat 14/04/2025 13:40 WIB

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According to OEC data, China had the world's largest smartphone trade surplus in 2023.

Top 9 Countries with the Largest Smartphone Trade Surplus Globally (2023)

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Top 9 Countries with the Largest Smartphone Trade Surplus Globally (2023)

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According to data from The Observatory of Economic Complexity (OEC), China is the world's largest exporter of smartphones, boasting the biggest global trade surplus in the sector.

This surplus stems from the significantly higher value of China's smartphone exports compared to its imports.

In 2023, China exported smartphones worth US$185.96 billion. In contrast, its smartphone imports totaled only US$4.28 billion, resulting in a massive surplus of US$181.67 billion.

Besides China, only eight other countries achieved a smartphone trade surplus in 2023: Vietnam, India, Ireland, South Korea, North Korea, Christmas Island, American Samoa, and the Northern Mariana Islands.

However, the surplus of these eight countries is minuscule compared to China's, as shown in the graph.

China's strong position in the smartphone trade faces potential disruption this year.

In April 2025, then-US President Donald Trump imposed high import tariffs on Chinese products entering the United States.

Trump was still developing specific rules for import tariffs on electronic goods, including computers and smartphones.

"We want to make it simple for many companies, because we want to make chips, semiconductors, and other products domestically," Trump said, as quoted by Reuters on Monday, April 14, 2025.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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