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Why are Electronics Cheaper in Some Countries?

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Why are Electronics Cheaper in Some Countries?

There is a significant difference in the cost of electronic consumables across the world. The same item can cost much more or much lesser in a different place across the globe. Why does this happen?

For small gadgets, the difference may seem insignificant, but for larger tech items ranging from iPhones or htc mobile phones to cameras and computers, the difference can be substantial enough to order from abroad or even travel abroad to buy.

Prices of electronic gadgets and consumer technology such as digital cameras can be priced differently in different parts of the world. This has to do with several factors, such as whether the item is imported and if so, national import duty regulations etc.

Another important factor that influences price is the size of the market. Prices are usually lower in large markets, so countries like America or Japan, where the demand for electronics is huge, generally offer the best prices.

In countries where there is no tax on consumables, electronic items could cost less. For example, Dubai is known as a shopping hub across the world thanks to the availability of tax free goods. Also, when it comes to consumer electronics, it is generally possible to find cheaper prices online than in store.