Broadcasting Equipment in Latvia

EXPORTS (2018): $703M, World Rnk 31 / 211
Flag Rnk 2 / 1120

TOP DESTINATION (2018): $146M, Lithuania

FASTEST GROWING MARKET (2017 - 2018): $44M, Germany

IMPORTS (2018): $689M, World Rnk 61 / 221
Flag Rnk 3 / 1175

TOP ORIGIN (2018): $170M, Lithuania

FASTEST GROWING ORIGIN (2017 - 2018): $23.6M, Vietnam

ECONOMIC COMPLEXITY of Latvia (2018): 0.84, Rnk 36 / 137

PRODUCT COMPLEXITY  IN Broadcasting Equipment (2018): 0.37, Rnk 424 / 1018

Overview: This page contains the latest trade data of Broadcasting Equipment in Latvia.

Exports: In 2018, Latvia exported $703M in Broadcasting Equipment, making it the 31st largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 2nd most exported product in Latvia. The main destination of Broadcasting Equipment exports from Latvia are: Lithuania ($146M), Germany ($65.4M), Estonia ($53.2M), Poland ($42.8M), and United States ($42.5M).

The fastest growing export markets for Broadcasting Equipment of Latvia between 2017 and 2018 were Germany ($44M), Estonia ($22.5M), and Poland ($21.9M).

Imports: In 2018, Latvia imported $689M in Broadcasting Equipment, becoming the 61st largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 3rd most imported product in Latvia. Latvia imports Broadcasting Equipment primarily from: Lithuania ($170M), Vietnam ($133M), China ($130M), Czechia ($41M), and Germany ($32.8M).

The fastest growing import markets in Broadcasting Equipment for Latvia between 2017 and 2018 were Vietnam ($23.6M), China ($15.9M), and Germany ($13.1M).

Tariffs: In 2017, the average tariff for Latvia in Broadcasting Equipment was 1.12%. The countries with the highest import tariffs for Broadcasting Equipment were Ukraine (4.9%), Western Sahara (3.64%), Gabon (3.64%), Libya (3.64%), and Mayotte (3.64%).

Value

EXPORTS (2018): $703M

IMPORTS (2018): $689M

NET TRADE (2018): $13.8M

In 2018, Latvia exported $703M in Broadcasting Equipment. The main destinations of Latvia exports on Broadcasting Equipment were Lithuania ($146M), Germany ($65.4M), Estonia ($53.2M), Poland ($42.8M), and United States ($42.5M).

In 2018, Latvia imported $689M in Broadcasting Equipment, mainly from Lithuania ($170M), Vietnam ($133M), China ($130M), Czechia ($41M), and Germany ($32.8M).

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IN 2018, Latvia HAD A POSITIVE NET TRADE IN Broadcasting Equipment WITH:

  • Estonia, $45.6M ($53.2M - $7.63M)
  • United States, $32.8M ($42.5M - $9.65M)
  • Germany, $32.6M ($65.4M - $32.8M)

IN 2018, Latvia HAD A NEGATIVE NET TRADE IN Broadcasting Equipment WITH:

  • Vietnam, -$132M ($429k - $133M)
  • China, -$127M ($2.7M - $130M)
  • Lithuania, -$24.5M ($146M - $170M)
Flow

THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR Latvia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY Latvia WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Latvia's main exporting competitors in Broadcasting Equipment were:

In 2018, Latvia's main importing competitors in Broadcasting Equipment were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Broadcasting Equipment in Latvia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Latvia in Broadcasting Equipment was 1.12%.

The countries with the highest tariffs for Broadcasting Equipment in Latvia were Ukraine (4.9%), Western Sahara (3.64%), Gabon (3.64%), Libya (3.64%), and Mayotte (3.64%).

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