India’s Smartphone Exports UPSC
February 24, 2024 ⚊ 1 Min read ⚊ Views 53 ⚊ NEWSAt the global level, China continues to dominate the export sector by exporting 1/2 of the world’s smartphones in 2022.
However, Vietnam has eaten into its export share regularly, taking on South Korea as the second-largest smartphone exporter.
India and Vietnam had less than 1% export share earlier than 2010. By 2022, Vietnam’s share rose to 12%, even as India ranked seventh with a bit over 2.5% export percentage.
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