American Mobile Phone Imports Accelerate
Oct 4, 2021
In the first seven months of 2021, American mobile phone imports reached $29B, which was +21% higher than the figures of the same period of 2020. The U.S. constitutes the world’s leading importer of mobile phones. Last year, American imports dropped by -9.5% y-o-y to $49.5B. China remains the largest exporter of mobile phones to the U.S., supplying 79% of American imports in value terms. In the first half of 2021, Chinese exports to America grew by +45% to $20.5B compared to $14.1B recorded in the same period of 2020. The average mobile phone import price rose by +3.9% to $273 per unit in 2020.