This report assesses the ASEAN electronics market to identify opportunities for Indian exporters. It covers market structure, India's trade position, country-wise performance, and barriers to entry.
This document is a market analysis report on India's electronics exports to ASEAN, aimed at Indian exporters and trade analysts. It uses 2024-25 and 2025-26 trade data to assess the region's potential and India's current position.
The report opens with an executive summary and introduction, establishing ASEAN as a global electronics hub. It notes that HS 85 (electrical machinery) accounts for 28.3% of ASEAN's exports and 26.1% of imports, with ICT goods trade reaching US$983.1 billion in 2024.
Section 4 details India's trade position, showing exports to ASEAN grew 14.47% to US$1,548.35 million, though slower than global export growth of 22.54%. Singapore, Vietnam, Thailand, and Malaysia account for 81% of India's ASEAN electronics exports.
Section 5 provides country-wise analysis, highlighting that 8 of 11 ASEAN markets grew, with Myanmar, Cambodia, and Malaysia rising over 35%. Exports declined in Indonesia, the Philippines, and Brunei, while Vietnam showed flat growth of 1.68%.
Sections 6 and 7 identify opportunities and barriers, matching India's fastest-growing export categories like smartphones (HS 8517), semiconductors (HS 8542), and telecom gear (HS 8525) with high-demand ASEAN markets. The report concludes with policy context, recommendations, and data annexures.