Global Smartphone Trade Deficit Highest in 2023: Indonesia's Print

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Adi Ahdiat 14/04/2025 14:04 WIB

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According to OEC data, the United States (US) had the largest global smartphone trade deficit in 2023.

Top 10 Countries with the Largest Smartphone Trade Deficits Globally (2023)

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Top 10 Countries with the Largest Smartphone Trade Deficits Globally (2023)

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According to data from The Observatory of Economic Complexity (OEC), the United States (US) has the largest global smartphone trade deficit.

This deficit occurs because the value of US smartphone exports is significantly smaller than the value of its imports.

In 2023, the US exported smartphones worth US$7.24 billion. Meanwhile, US smartphone imports reached US$57.97 billion, resulting in a deficit of US$50.73 billion.

Other countries with large smartphone trade deficits in 2023 include Hong Kong, Japan, the United Arab Emirates, Germany, and the United Kingdom.

Following these are Canada, Russia, France, and Mexico, with deficit values as shown in the graph.

The US position in the global smartphone trade balance has the potential to strengthen this year.

This is because in April 2025, US President Donald Trump imposed high tariffs on imported products entering the country.

To date, Trump is still developing specific rules for tariffs on imported electronics, 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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Global Smartphone Trade Deficit Highest in 2023: Indonesia's Print

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Global Smartphone Trade Deficit Highest in 2023: Indonesia's Print

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