HS Code:
The Cellular category, primarily classified under HS Code 8517, encompasses mobile phones, smartphones, and other wireless communication devices, including their parts and accessories. This category represents one of the most significant and rapidly evolving sectors in global trade, driven by technological advancements, consumer demand for connectivity, and the proliferation of 5G technology. The products in this category are integral to personal communication, business operations, and digital economies worldwide.
Total Trade Volume
USD 500 billion
Data from 2022
Source
United Nations Comtrade Database, World Trade Organization (WTO)
USD 200 billion
40% of total trade of total trade
Increasing
USD 80 billion
16% of total trade of total trade
Stable
USD 50 billion
10% of total trade of total trade
Increasing
USD 30 billion
6% of total trade of total trade
Increasing
USD 20 billion
4% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
15% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like the EU Single Market or USMCA)
Rapid adoption of 5G technology
Increased demand for 5G-enabled devices, boosting trade volumes and encouraging innovation in cellular hardware
2021-2023
Shift towards sustainable manufacturing
Growing emphasis on recyclable materials and eco-friendly production processes, influencing supply chains and trade policies
2022-2023
Rising demand in emerging markets
Countries in Africa and Southeast Asia are driving growth in low-cost smartphone segments, expanding export opportunities for manufacturers
2020-2023
Ongoing trade disputes have led to additional tariffs on Chinese-made cellular devices entering the US, prompting manufacturers to diversify supply chains to countries like Vietnam and India.
Mid-2022
Increased production costs and potential price hikes for consumers; accelerated growth in alternative manufacturing hubs
New EU regulations mandate that cellular device manufacturers ensure recyclability and provide repair options, affecting design and trade practices.
January 2023
Higher compliance costs for exporters to the EU but long-term benefits in sustainability and consumer trust
After two years of supply chain disruptions, semiconductor availability for cellular devices has improved, stabilizing production and trade flows.
Late 2023
Reduction in production delays and lower costs for manufacturers, potentially increasing trade volumes in 2024