With the ongoing US-China trade war and manufacturing costs increasing in China, opportunities for ASEAN countries to further participate in electronics regional and global value chain contribution has grown. Vietnam, for example, has climbed the ranks as a key electronics exporter, up from 47th place in 2001 to eighth place in 2018. Malaysia and Thailand have also risen as prominent electronics exporters, ranking 10th and 15th, respectively in 2018.
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At the international level, electronics are part of the Harmonized System (HS) for classifying goods. Its a six-digit code system comprising roughly 5,300 article and/or product descriptions displaying as headings and subheadings, arranged in 99 chapters, grouped in 21 sections. The six digits can be broken down into three parts.
Rankings of key ASEAN electronics exporters, 2001 and 2018
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