Why should Taiwan electronics exporters prefer no.7 USA instead of no.2 Hong Kong? Blog-61
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
Why will Taiwan's biggest electronics (SEL) export market increase from $59.1 bn to $121.3 bn by 2021-2025?
What will be Taiwan's top SEL export countries contributing $243.5 billion of by 2021-25?
For the first time, we are introducing an innovative concept for additional electronics export generation.
Is it possible to predict major electronics products' future export figures?
Can we forecast the size of the growing/bearish electronics export market?
Does that help you, if you know the future export size of your competing countries?
Yes, we are masters in these super specialty segments…
This is a product specific marketing in emerging, rather growing markets.
Many high growth products have magnificent potential in developed, developing or undeveloped countries.
We need to redefine our marketing strategy.
There should be aggressive marketing of a specific product in a rapidly expanding market.
In a neutral market simple marketing is going to work.
Presentation one:
World wide Smart cards; electronic circuits; LED lamps. exports will rise from 689.1 billion dollars to 1.1 trillion dollars by 2021-25.
Taiwan's Smart cards; electronic circuits; LED lamps exports will increase from 142.2 billion dollars to 243.5 billion dollars by 2021-25.
Why should Taiwan electronics(SEL) exporters prefer no.7 USA instead of no.2 Hong Kong?
Very impressive export prospects are going to expand in the below countries.
These are the Taiwan's Smart cards; Electronic circuits; LED lamps (SEL) export values in the USA.
1) United States of America:
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects of 2025.
As per above note, Taiwan will create additional SEL import space of $7.7 billion.
Interesting Comparison:
Comparison of countries having larger value difference between 2021 export and prospects of 2025 Vs countries with smaller value difference between 2021-25.
US +$7.7 bn Vs Hong Kong $4.5 bn (relatively saturated market in the next 5 years)
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in Hong Kong and simply marketing in the US. You don't grow in both scenarios. If you have the complete insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
Taiwan Electronic exporters should favour South Asia over South & Central American Sub-Regions, By 2021-2025? Details regarding sub-region insight will be explained in the workshop.
We have elaborated two. countries in the above country wise insight.
Yet the top countries contribute $243.5 bn of additional import demand for Taiwan by 2021-25.
As I always say.
'The best prospects are hidden in the next five years statistic'
Exclusive conclusion:
Taiwan export market needs aggressive marketing in US and other fast-growing markets. In saturated markets, simple marketing will work.
Note:
We can present report/workshop preferably to the electronics associations or companies.
Electronic equipment:
1. Smart cards; electronic integrated circuits; LED lamps.
2. Parts of telephone sets & other transmission apparatus
3. HS code 853400 Printed circuits.
4. Mobile and Telephone sets.
5. 854140 Photosensitive semiconductor devices.
First six digits indicates HS code.
6. 852580 Television cameras.
7. 853224 Fixed electrical capacitors, ceramic dielectric, multilayer.
8. 854110 Diodes.
9. 854190 Parts of diodes, transistors & similar semiconductor devices.
10. 854129 Transistors >=1W
11. 854160 Mounted piezoelectric crystals
12. 853321 Fixed electrical resistors, <=20W.
13. 8528Xa Monitors, other than for computers.
14. 854121 Transistors <1W.
15. 853340 Electrical variable resistors.
16. 852910 Aerial (reflectors).
17. Reception apparatus for television.
18. 853222 Fixed electrical capacitors, aluminium electrolytic.
19. 851890 Parts of microphones, loudspeakers, headphones, earphones & amplifier.
20. 853229 Fixed electrical capacitors.
21. 854150 Semiconductor devices.
22. 851830 Head and earphones.
23. 853221 Fixed electrical capacitors, tantalum.
24. 851810 Microphones.
25. 8528Xb Projectors.
26. 852290 Parts and accessories for video/sound recording and picture/sound reproducing.
27. 852190 Video recording/reproducing apparatus.
28. 852799 Radio players.
29. 853223 Fixed electrical capacitors, ceramic dielectric, single layer.
30. 853390 Parts of electrical resistors.
31. 853329 Fixed electrical resistors, >=20W.
32. 853225 Fixed electrical capacitors, paper/plastics dielectric.
33. 853310 Fixed carbon resistors, composition or film types.
34. 854130 Thyristors, diacs & triacs.
35. 851829 Loudspeakers, without enclosures.
36. 854089 Electronic valves & tubes.
37. 852721 Car radio cassette players.
38. 851840 Audio-frequency amplifiers.
39. 853230 Variable/adjustable "pre-set" electrical capacitors.
40. 853290 Parts of electrical "pre-set" capacitors.
41. 851850 Sound amplifier sets.
42. 851930 Turntables
852791 Radiocassette players.
43. 851821 Single loudspeakers, mounted in enclosures.
44. 852729 Car radio players.
45. Other sound recording/reproducing apparatus.
46. 853210 Fixed power capacitators.
47. 851822 Multiple loudspeakers, mounted in enclosures.
48. 853339 Wirewound variable electrical resistors, >=20W
49. 851711 (Cordless) line telephone sets
50. 854099 Parts of thermionic, cold/photo cathode valves & tubes.
51. 852713 Radio-broadcast receivers without external source of power.
52. 853331 Wirewound variable electrical resistors, <=20W.
53. 854071 Magnetrons.
54. 854091 Parts of cathode ray tubes.
55. 854040 Data/graphic display tubes.
56. 852719 Radio players, operating without external power source.
57. 852110 Video recording/reproducing apparatus, magnetic.
58. 854020 Television camera and other photo cathode tubes.
Email:
futureexportvision@gmail.com
Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years.
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration:
1st edition January 2021.
2nd edition July 2021
© 2020-25 Future Export Vision.
Other valuable links:
Why Are These The Taiwan's Top 10 Exports, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-these-are-taipei-chinese-top-10.html
Why Are These The World's Top 10 Export Products, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html
Why Are These The World's Top 10 Exporting Countries, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-export.html
Why Are These The World's Top 15 Importing Sub-Regions, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-15-importing.html
Why Are These The World"s Top 10 Importing Countries, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-importing.html
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