Samsung, Apple, and One Plus are some of the top-ranked smartphones of the current day. Numerous countries have been expanding their services in the trade of smartphones for leading. This pocket-friendly device not only allows you to communicate but also helps you store and process important data.
The Global Customs Data depicts that smartphone market has been rising extensively to attract more brands and funding to match the trendiest software updates. The rapidly advancing technology obligates many countries like China, South Korea, and Hong Kong to participate in the import and export of devices to be the principal exporters with an import export value of 3 trillion dollars in 2023. The topmost exporter China and USA has traded products worth $240 and $80 billion globally with top 2 leading brands like Apple and Samsung and recorded its name as the top leader among all the other countries.
Apple – This brand was famous for producing devices with the best quality cameras and premium range batteries. With its expanding services, the country holds a share of 21% in the global market of smartphones and has an export value of 250 billion US dollars.
Samsung – This Korean company and its top-notch quality products have recorded the top rank in the global market for several years now. The excavating services of the brand have a share of around 14% worth 200 billion US dollars in the global market. The wide range of products and the advanced innovative technology cater to its massive growth.
Huawei – The affordable range of products and top-notch quality materials of this telecommunication brand is the reason behind its growth. Huawei holds a share of 8% worth 120 billion in the global trade market of smartphones and is serving its business to Europe and Asia-like countries.
Xiaomi – Xiaomi is a Chinese mobile phone-producing company known for its low-budget yet premium products. This brand has become one of the largest to trade its devices globally with an export trade value of 80 billion US dollars and a global market share of 6%.
Oppo – This brand has a huge product sale in China and India and is in trend because of its cutting-edge and sleek design. It has a share of 5% worth 60 billion US dollars in the global market with its services expanding to the Asian market and other regions.
Vivo – This brand of phones is manufactured by leading consumer electronics BBK Electronics and has R&D centers in China, India, and the United States. The brand has a share of 5% in the global market with an export value of 50 billion US dollars and has become the popular choice of customers throughout.
LG – The South Korean generated company has a share of 3% worth 25 billion US dollars in the global smartphone market. It is popular for its high-quality devices and medium-range products, this brand is expanding its services to countries like North America and Europe.
Motorola – Motorola is a brand with a low average shipment rate and a total share of 2% worth 40 billion US dollars in the global smartphone market. The parent company of Motorola is Lenovo which is leading the smartphone brands with its tech-featured devices.
Sony – This Japanese Mobile Phone manufacturing brand holds a share of 1% in the global smartphone market with its premium ranged devices. The brand's good build quality and high-end features are the reason behind its sales and 20 billion US dollar trade value.
Google – Google itself produces its mobile phone named Pixel with an estimated share of 1% worth 15 billion US dollars in the global market.
With the increasing demand for smartphones in the industry, many countries have started importing and exporting smartphones with manufacturing to become the leading smartphone trade holders. China has come up with the highest trade of smartphones, followed by some other nations as discussed below.
China – As per the Global export data, being the topmost smartphone manufacturer, the country has exported smartphones worth $240 billion in the year 2023. The country deals with top-ranking mobile brands like One Plus, Oppo, Vivo, and Honor. The low labor cost and the presence of essential rare minerals required for making mobile phones made China the top manufacturer.
United States – The United States of America is popular for its cutting-edge technology. Being the second top mobile manufacturing country according to Global trade data, the USA has exported devices worth $80 billion. The country’s services are famous for its top-notch quality products and better trade rate.
South Korea – The South Korean mobile phone market is expected to have a revenue generation of $50 billion in the current year. The country deals with prominent brands like Samsung and LG to improve its services.
Japan – Japan deals with top mobile brands like Sony, Hitachi, Toshiba, and Panasonic. The advancing mobile phone industries have recorded a revenue of $40 billion in 2023, followed by the previous year.
Vietnam – Vietnam has recorded its name in the top smartphone exporting countries with its suitable labor force. The country has generated an export value worth $30 billion in the year 2023.
Germany – The strong manufacturing capabilities and deals with top brands like Siemens, Bosch, and Nokia make the country stand in the sixth position. The country has generated an export value of smartphones worth $25 billion in 2023.
India – As per the India customs data, being an average rank holder of the smartphone trade business throughout the world, the country exports devices worth $20 billion in the current year followed by the previous year with a rapid growth in the market.
Taiwan – This small country has recorded its 8th rank globally with its highly featured tech products. Taiwan has generated an export value of $15 billion with companies like Asus and HTC.
Thailand – Xiaomi and Huawei companies are supporting Thailand to increase its global trade value with high-featured mobile phones. The country has gained an export value worth $8 billion in 2023, its competitive production costs attract manufacturers at a higher rate.
Indonesia – The tenth top smartphone exporter is Indonesia with an export value of $5 billion in 2023. The Import Export Customs data shows brands like Advan and Evercross are the reason behind its business growth.
TOP 2 COMPETING BRANDS
APPLE
Apple is holding a top rank among all the other smartphones in the global market. The sleek edge designs, high megapixel camera, and user-friendly interface make it the preferred choice of customers worldwide.
SAMSUNG
Unlike Apple, Samsung has done no less in satisfying the customer’s needs with its diverse range of products hitting the price values from minimum to maximum. The brand not only sells affordable products with top features but also makes the trendiest updates handy to the user.
Que. What are the top smartphone competing brands of 2023?
Ans. Apple and Samsung are the top smartphone competing brands of 2023.
Que. Which is the leading smartphone manufacturing country?
Ans. China is the leading smartphone manufacturing country.
Que. What is the smartphone export rate of China in 2023?
Ans. China has exported smartphones worth $240 billion in 2023.