Top 10 Global Electronics Exporters in 2023 -Tendata

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ten data blog10-04-2024

Electronics have become an indispensable part of modern life, permeating every aspect of our daily routines. From the devices we use for communication and entertainment to the machinery driving industries forward, electronics play a pivotal role in shaping our world. Just as spices enhance the flavor of dishes, electronics enrich our lives with convenience, connectivity, and innovation. In the realm of global trade, certain countries stand out as leaders in exporting these technological marvels. Let's take a closer look at the top 10 global electronics exporters in 2023:


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1. India (80.43%, $58728.91 Million)

India, a rising powerhouse in the electronics industry, takes the crown as the top exporter in 2023. With a staggering percentage share and substantial revenue, India demonstrates its prowess in manufacturing and exporting electronics on a global scale.


2. Vietnam (13.74%, $10034.98 Million)

Vietnam secures its position as a significant player in the electronics export market, leveraging its robust manufacturing capabilities and strategic partnerships to cater to global demand.


3. Mexico (2.7%, $1972.21 Million)

Mexico's electronics export sector continues to thrive, benefiting from its proximity to key markets and a skilled workforce, solidifying its standing among the top exporters worldwide.


4. China (0.95%, $695.54 Million)

Despite facing stiff competition, China maintains a notable presence in electronics exports, leveraging its vast manufacturing infrastructure and technological innovation to capture a share of the global market.


5. Japan (0.92%, $671.28 Million)

Renowned for its technological prowess and commitment to quality, Japan remains a formidable force in electronics exports, delivering cutting-edge products to consumers worldwide.


6. South Korea (0.5%, $364.65 Million)

South Korea's electronics exports reflect its reputation for excellence and innovation, with leading companies driving growth and innovation in the global market.


7. Philippines (0.18%, $129.08 Million)

The Philippines emerges as a rising star in electronics exports, capitalizing on its skilled workforce and strategic location to carve out a niche in the global supply chain.


8. Taiwan, China (0.18%, $128.13 Million)

Taiwan, a hub of technological innovation, continues to excel in electronics exports, with its world-class manufacturing facilities and strong industry ecosystem driving growth and competitiveness.


9. Singapore (0.05%, $33.45 Million)

Singapore's electronics exports demonstrate its commitment to excellence and efficiency, leveraging advanced infrastructure and logistics capabilities to meet global demand.


10. United States (0.04%, $30.18 Million)

The United States maintains its position as a key player in electronics exports, driven by its cutting-edge technology and innovative solutions, despite facing challenges from global competitors.





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When navigating the electronics export market, businesses can utilize data insights to make informed decisions and capitalize on emerging opportunities. By leveraging customs data and market analysis tools, exporters can gain valuable insights into consumer trends, competitive landscapes, and supply chain dynamics, empowering them to optimize their strategies and drive success in the global marketplace.


In examining the top companies exporting electronics in 2023, we gain further insight into the dynamics of the global electronics trade:


1. MOLEX INDIA PRIVATE LIMITED (61.81%, $451344.65 Million)

Molex India Private Limited emerges as a dominant force in electronics exports, leveraging its extensive product portfolio and global presence to capture a significant market share.


2. BOSCH AUTOMOTIVE ELECTRONICS INDIA PRIVATE LIMITED (11.34%, $82833.94 Million)

Bosch Automotive Electronics India Private Limited demonstrates its expertise and innovation in the automotive electronics sector, catering to the evolving needs of the global market.


3. PRECISION ELECTRONIC COMPONENT MFG CO (6.16%, $44982.95 Million)

Precision Electronic Component Manufacturing Co. solidifies its position as a leading supplier of electronic components, delivering high-quality products to customers worldwide.


4. CÔNG TY TNHH SẢN PHẨM THÔNG MINH ASSA ABLOY VIỆT NAM (2.52%, $18408.77 Million)

ASSA ABLOY Vietnam Co., Ltd. showcases its expertise in smart products and solutions, catering to the growing demand for innovative electronic security solutions.


5. CÔNG TY TNHH BHFLEX VINA (1.61%, $11769.95 Million)

BHFLEX VINA Co., Ltd. emerges as a key player in electronic components and manufacturing, leveraging its advanced technologies and efficient production processes.


6. CÔNG TY TNHH COMPAL (VIỆT NAM) (1.37%, $10011.84 Million)

Compal Vietnam Co., Ltd. demonstrates its commitment to excellence in electronics manufacturing, delivering cutting-edge products to global markets.


7. ROBERT BOSCH MEXICO SISTEMAS AUTOMOTRICES (1.05%, $7671.88 Million)

Robert Bosch Mexico Sistemas Automotrices showcases its expertise in automotive electronics, providing innovative solutions to drive the future of mobility.


8. CÔNG TY TNHH GL COMMERCE (0.79%, $5791.03 Million)

GL Commerce Co., Ltd. emerges as a key player in electronics trading and distribution, connecting global markets and facilitating trade opportunities.


9. CÔNG TY TNHH UNIVERSAL SCIENTIFIC INDUSTRIAL VIỆT NAM (0.63%, $4584.27 Million)

Universal Scientific Industrial Vietnam Co., Ltd. demonstrates its versatility and agility in meeting the diverse needs of the global electronics market.


10. CÔNG TY TNHH YOUNG POONG ELECTRONICS VINA (54%, $3911.96 Million)

Young Poong Electronics Vina Co., Ltd. showcases its expertise in electronic manufacturing services, delivering customized solutions to meet the evolving needs of customers worldwide.


In conclusion, the global electronics export landscape is dynamic and diverse, with countries and companies vying for market share and innovation. By staying abreast of market trends, leveraging data insights, and fostering strategic partnerships, businesses can navigate the complexities of the global marketplace and drive growth and success in the electronics industry.


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