In a single financial year, the smartphone quietly became the most valuable thing India ships to the world — outranking petroleum, outranking cut diamonds, outranking everything. India's smartphone exports hit $24.14 billion in FY2024-25, a 55% leap from $15.57 billion the year before. The cell phone in your pocket has become a geopolitical instrument.
And the buyers have moved. As US tariffs squeezed Chinese-made goods, Apple rerouted its supply chain so hard that 97% of India-made iPhones shipped to the United States between March and May 2025 — up from a ~50% monthly average in 2024. If you sell, source, or finance mobile handsets, the map of who-ships-to-whom got redrawn under your feet. Here is the new map, and how to read it.
The 30-second version
- India's smartphone exports reached $24.14 billion in FY2024-25, up 55% year-on-year — now its single largest export commodity by value.
- India's total electronics exports hit $38.57 billion in FY25, a 32.5% jump, driven mostly by mobile phones.
- India has overtaken China as the top smartphone supplier to the US — ~44% of US smartphone imports vs China's ~25%, a reversal from 13% / 61% a year earlier.
- China still dominates globally: $122.8 billion in 2025 cellphone exports, ~40.7% of the world total of $301.6 billion.
- Apple's contract makers (Foxconn, Tata Electronics, Pegatron) drive ~70% of India's smartphone exports; iPhone exports alone crossed ₹2 trillion in calendar 2025.
The $24 billion handset: how smartphones became India's #1 export
For decades India's export league table read like a 20th-century inventory — refined petroleum at the top, diamonds and jewelry close behind. Then the smartphone arrived and rewrote it. In FY2024-25, smartphones became India's largest single export commodity by value, the country exporting more than Rs 2 lakh crore worth for the first time.
The engine behind it is the Production-Linked Incentive (PLI) scheme — cash rebates that turned India into a contract-manufacturing magnet. The IBEF documented the surge, and the numbers compounded fast: smartphone exports grew 54-55% in a single year. Pull the lens back to the whole sector and India's total electronics exports crossed $38.57 billion in FY25 — a 32.5% jump — with smartphones doing most of the heavy lifting and non-phone electronics adding another $14 billion-plus.
This is not a story about cheap labor assembling someone else's design. It's about a buyer-side gravity shift — the world's largest electronics importer deciding where its phones come from.
Apple's great reroute: why iPhone buyers now point at India
The clearest signal sits inside Apple's supply chain. Faced with the threat of steep US tariffs on Chinese goods, Apple accelerated a multi-year diversification almost overnight. iPhone exports from India crossed the ₹2 trillion mark in calendar 2025 — a first-ever milestone — and Apple now produces roughly $22 billion of iPhones in India annually as output shifts out of China.
The destination data is the eye-opener. Reuters reported that during March-May 2025, Foxconn shipped iPhones worth $3.2 billion from India with 97% bound for the US. Tata Electronics — Apple's fastest-rising Indian supplier, now ~37% of India's iPhone exports, up from 13% the year before — sent ~86% of its output to the US over the same window. Five assembly plants now feed this machine, including Tata's Hosur line and a new Foxconn unit near Bengaluru.
India has overtaken China for the first time as the leading exporter of smartphones to the United States: India-assembled devices now make up roughly 44% of US smartphone imports, up from just 13% a year earlier, while China's share collapsed from ~61% to ~25%.
Put the FY26 run-rate next to it and the trend is unmistakable: smartphone exports from India to the US hit $8.43 billion in the first five months of FY26 versus $2.88 billion a year earlier — a 193% surge, with the US the #1 destination and the UAE second. For anyone tracking electronics demand, the buyer concentration is a flashing arrow pointing at North America.
China still owns the volume — and that matters for sourcing
None of this means China is finished. Far from it. Mainland China exported $122.8 billion in cellphones in 2025 — about 40.7% of the global total of $301.6 billion — still more than three times India's tally. Vietnam ($31.3B) and India ($30.1B) sit neck-and-neck for the #2/#3 spots, with Hong Kong, the US, and Saudi Arabia rounding out the leaders. Asia alone accounts for 78.6% of all mobile phones shipped worldwide.
So the real picture is a two-speed market: China remains the volume backbone for Android phones and mid-market handsets (average export price ~$160/unit), while India captures the high-value, tariff-sensitive premium flow — the iPhones headed to America. If you source mobile handsets, you need visibility into both lanes. A single-country view will miss half the trade.
HS code 851713: the number that unlocks the data
Every smartphone, iPhone, and Android handset crossing a border carries a customs label: HS code 851713 (telephones for cellular networks — i.e. smartphones), nested under the broader 8517 heading for telephone sets and network gear. That six-digit code is the key that opens global shipment records. Filter trade data by 851713 and you can watch the entire mobile-phone trade move — which manufacturers ship to which importers, in what volumes, on which routes — without guesswork.
This is exactly where shipment-level trade intelligence earns its keep, and where ShipScout.ai comes in — an affordable alternative to ImportGenius and Panjiva, with 11B+ shipment records across 240+ countries.
How to find smartphone & electronics buyers with ShipScout
The export boom is real, but a number in a headline doesn't put a buyer in your inbox. Shipment data does. Here's how exporters and traders turn the smartphone surge into a pipeline:
1. Find buyers by HS code
Search HS code 851713 (or the wider 8517) and pull a live list of companies importing smartphones and mobile phones worldwide. Instead of cold-guessing, you see who is actually buying handsets right now — and how often. Start from the global company directory and drill into the electronics importers that match your product.
2. Rank importers by volume
Not every buyer is worth a sales call. ShipScout lets you rank importers by shipment volume, so you spend time on the high-frequency, high-value accounts first. Browse the top importers in the USA — the single largest smartphone destination — then compare against demand in the UAE, the #2 destination for India-made handsets.
3. Vet suppliers and manufacturers
Sourcing rather than selling? Verify mobile phone manufacturers before you commit. Pull a supplier's shipment history to confirm they actually ship the volumes they claim, check their real export markets, and de-risk the deal. Compare manufacturing hubs side by side — the assembly powerhouses in India against the volume base in China — on hard shipment evidence, not brochures.
4. Track competitors
Watch where rival smartphone exporters and importers are shipping, spot new trade lanes as they open (the India→US iPhone corridor barely existed two years ago), and move before the market catches up. Shipment records turn competitor activity into your early-warning system.
Whether you make smartphone components, distribute Android phones, or trade in cell phones across borders, the workflow is the same: identify buyers, rank by volume, verify, and pursue. ShipScout exists to help exporters find buyers abroad and grow their exports — start a free trial and run your first HS-code search today.
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