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Apple airlifted iPhones worth a record $2 billion from India ahead of U.S. import tariffs

MacDailyNews

Apr 15

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Apple’s key India suppliers, Foxconn and Tata, exported a record-breaking $2 billion in iPhones to the U.S. in March, ahead of President Trump’s looming U.S. import tariffs, according to customs data. To dodge the impending trade penalties and keep costs low in a critical market, Apple ramped up production in India and chartered cargo flights to rush 600 tons of iPhones stateside, securing inventory and prioritizing American consumers.

Reuters:
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In April, the U.S. administration imposed 26% duties on imports from India, much lower than the more than 100% China was facing at the time. Trump has since paused most duties, except for China for three months.
Foxconn, Apple’s main India supplier, exported smartphones worth $1.31 billion in March, its highest ever for a single month and equal to shipments for January and February combined, according to commercially available customs data reviewed by Reuters.
This included Apple iPhone 13, 14, 16 and 16e models, and took Foxconn’s total shipments from India to the United States this year to $5.3 billion.
Exports from Tata Electronics, another Apple supplier, stood at $612 million in March, around 63% higher than the previous month, and included iPhone 15 and 16 models.

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MacDailyNews Take: Worldwide, Apple ships roughly 46,500 metric tons of iPhones annually, or about 3,875 tons per month on average.

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