Global import-export of laptops and tablets have declined in the year 2022 so far, as per the availability of global electronics trade data 2022. The import and export of electronics, in general, accelerated after the pandemic.
However, the imports and exports of tablets and laptops on a global scale showed a downward trend in the initial phase of 2022. Look at the global import-export trade data, tracing the trade values for both commodities in Subheading 847130.
Top Import-Export Countries
The top global importing countries for laptops and tablets (as per the HS Code mentioned above) in 2021 were—the USA (28.2%, $60.8B), Germany (8.1%, $17.5B), Japan (4.6%, $9.9B), the UK (4.5%, $9.6B), and Hong Kong (3.9%, $8.3B) with other countries featured in the list below.
Top Laptop & Tablet Importing Countries – Globally (2021)
The top exporting countries globally for laptops & tablets in 2021 were—China (70.8%, $138.99B), Germany (4%, $$7.78B), the USA (3.8%, $7.54B), Hong Kong (3.5%, $6.90B), and Czech Republic (2.8%, $5.41B) with other countries as featured in the shown list below.
Global Import-Export 2022
The quarterly export trends for the top 5 laptop & tablet countries show a higher value in Q4-2021 compared to the previous quarter. In Q1-2022, the values of all the featured countries declined. The values in Q2-2022 have declined further and are showing fluctuations in Q3-2022.
The quarterly import trends for the top 5 laptop & tablet countries show an increase in the next quarter to the third quarter of 2021. The values in the first quarter of 2022 declined considerably, followed by the second quarter, showing a further decline—and fluctuations in the third quarter.
In the conclusive study of the trade values in the above-shown datasets, the decline in the global import-export of laptops & tablets has been registered. This shows a decrease in the demand for both commodities in the initial phase of 2022.
However, it is worth noting that the values in the third quarter of 2022 show a slight increase in imports and exports. This implies that the demand for the commodities in the final quarter of 2022 is yet to be observed to draw a comprehensive conclusion on the subject.
According to sources studying market share and evaluation, the global market of tablets was valued at about $1.2 billion for the year 2020. The compound annual growth rate of tablets is estimated at 22%, reaching a market value of $3.5 billion by 2026. On the other hand, the global market value of laptops is expected to grow at a 1.91% CAGR.