The U.S. and These Other Countries Are the World’s Leading Electronics Producers

China, Hong Kong, Taiwan and the U.S. are at the front of the pack in producing electronics globally. Maintaining its reputation for producing inexpensive consumer goods in large quantities, China contributes heavily to the electronics sector, as this is one of the country’s most prominent export categories. China was the leading electronics exporter in 2023, commanding more than 25% of all electronics exports, according to data from the International Trade Centre.

Key Takeaways

• China, Hong Kong, Taiwan, and the U.S. are the leaders in electronics production. 
• In recent years, China has been implementing more eco-friendly manufacturing techniques in an effort to reduce the production of harmful greenhouse gases. 
• China was the leading electronics exporter in 2023, accounting for more than 25% of all electronics exports.
• The U.S. accounted for 5.9% of world electronics exports in 2023.

The U.S. managed to come in fourth, behind Hong Kong and Taiwan. The U.S. accounted for 5.9% of world electronics exports in 2023, while Hong Kong and Taiwan accounted for 9.7% and 6.5%, respectively.

China

Exports from China accounted for 12.71% of trade globally in 2021. Swift industrialization has made it possible for the country to leap to the top with carbon-intensive metal products jumping as a percentage of its total exports within just 10 years. Though these numbers are impressive, electronics are still the most prominent exports among China’s output. 

The massive manufacturing business has caused a dangerous increase in the release of greenhouse gases and fossil fuels in the country, an issue that may be solved by producing more eco-friendly technologies. In recent years, China has been trying to remedy the situation by implementing more energy-efficient manufacturing methods.

Hong Kong

The electronics industry in Hong Kong accounted for 72.6% of its total exports in 2021, making electronics the largest merchandise export earner in their territory. The majority were high tech products, such as computers, semiconductors, and telecommunications equipment. While they were not the largest exporter of electronics in the world, they did earn that in certain subcategories.

In 2020, Hong Kong was the world’s largest exporter of electronic integrated circuits, they were the second-largest when it came to mobile phones, computer parts/accessories and video cameras, and the third-largest when it came to video recording apparatus in value terms. In an effort to reduce costs, many of the manufacturers of Hong Kong have moved their production facilities to mainland China in recent years.

Taiwan

Taiwan exported over $218 billion worth of electronics in 2023, including electrical machinery, equipment, and parts. Electrical machinery and electronics were the most exported products from Taiwan in 2022, with China, Hong Kong, Singapore, and the U.S. serving as the primary destinations for those exports.

The United States

The manufacturing industry has historically played an important role in the U.S. economy. The productivity of the different sectors in the American economy varies from state to state, however, Oregon remains one of the major producers of electronic goods. Electronics manufacturing is one of the state’s leading economic outputs. In 2021, $11.5 billion in electronic integrated circuits were exported out of Oregon.

Important

Electronics development has expanded with the growth of new technologies each year but has also brought about its own set of complications in regard to potential health impacts and the risk of further environmental damage contributing to climate change.

Top Manufacturers in the Global Electronics Sector

According to the Fortune Global 500 list of the planet’s 500 largest companies released in 2023, these are the top ten electronics manufacturers that generated the most revenue for that year.

This list is updated and released each year, and it is a great way to keep up with the leading manufacturers in the global electronics sector. 

• Samsung Electronics
• Hon Hai Precision Industry
• Sony
• Hitachi
• LG Electronics
• Panasonic Holdings
• Midea Group
• Pegatron
• Xiaomi
• China Electronics

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