In 2023, Vietnam led global ICT goods imports with a value share of 34.28%, showing a year-on-year increase of 7.56%. Malaysia, Singapore, and China followed, with Malaysia having a modest growth of 0.6% while Singapore saw a decline of 1.21%. Other notable changes included Ireland with an 8.22% increase, India at 2.1%, and Paraguay at 5.97%. On the decline side, countries like Estonia, United Kingdom, and Laos faced significant reductions in their ICT import shares, showing variations of -2.53%, -1.89%, and -5.26%, respectively.
Future trends to watch for include:
- The continued growth of emerging markets such as Vietnam, Paraguay, and Central African Republic, driven by increased digital adoption and infrastructure investment.
- A potential stabilization or slight decline in more mature markets like the United States, Japan, and certain European countries as they reach saturation points.
- Technological advancements and improvements in global logistics may further redistribute import values, benefiting countries investing heavily in ICT sectors.
- Evolving geopolitical landscapes and economic policies will also play a significant role in shaping ICT import dynamics.
Top countries in ICT Goods Imports by Country
| # | 10 Countries | Percent of Total Goods Imports | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Vietnam | 34.28 | 2023 | +3.66% | +7.56% | View data |
| 2 | 2 Malaysia | 25.84 | 2023 | -0.99% | +0.6% | View data |
| 3 | 3 Singapore | 25.04 | 2023 | -0.09% | -1.21% | View data |
| 4 | 4 China | 23.8 | 2023 | +0.03% | +0.97% | View data |
| 5 | 5 Paraguay | 20.8 | 2023 | +5.04% | +5.97% | View data |
| 6 | 6 Philippines | 20.25 | 2023 | -3.96% | -1.7% | View data |
| 7 | 7 Czechia | 18.09 | 2023 | |||
| 8 | 8 South Korea | 16.32 | 2023 | -0.086% | +3.15% | View data |
| 9 | 9 Mexico | 15.53 | 2023 | -0.67% | +0.49% | View data |
| 10 | 10 Thailand | 14.1 | 2023 | -0.46% | +1.05% | View data |
