Broadcasting Equipment in United States

EXPORTS (2018): $17.8B, World Rnk 4 / 211
Flag Rnk 14 / 1222

TOP DESTINATION (2018): $4.17B, Hong Kong

FASTEST GROWING MARKET (2017 - 2018): $1.23B, United Arab Emirates

IMPORTS (2018): $84.9B, World Rnk 1 / 221
Flag Rnk 3 / 1217

TOP ORIGIN (2018): $57.8B, China

FASTEST GROWING ORIGIN (2017 - 2018): $1.01B, Vietnam

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

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

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

Exports: In 2018, United States exported $17.8B in Broadcasting Equipment, making it the 4th largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 14th most exported product in United States. The main destination of Broadcasting Equipment exports from United States are: Hong Kong ($4.17B), Netherlands ($1.91B), United Arab Emirates ($1.23B), China ($928M), and United Kingdom ($715M).

The fastest growing export markets for Broadcasting Equipment of United States between 2017 and 2018 were United Arab Emirates ($1.23B), Hong Kong ($602M), and China ($557M).

Imports: In 2018, United States imported $84.9B in Broadcasting Equipment, becoming the 1st largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 3rd most imported product in United States. United States imports Broadcasting Equipment primarily from: China ($57.8B), Vietnam ($6.29B), South Korea ($4.79B), Mexico ($3.16B), and Malaysia ($2.16B).

The fastest growing import markets in Broadcasting Equipment for United States between 2017 and 2018 were Vietnam ($1.01B), Canada ($557M), and Netherlands ($320M).

Tariffs: In 2017, the average tariff for United States in Broadcasting Equipment was 0.26%. The countries with the highest import tariffs for Broadcasting Equipment were Equatorial Guinea (0.5%), Libya (0.5%), Mayotte (0.5%), Reunion (0.5%), and Sudan (0.5%).

Overview: In July 2020 United States' Broadcasting Equipment exports accounted up to $197M and imports accounted up to $951M, resulting in a negative trade balance of $754M. Between July 2019 and July 2020 the exports of United States'   Broadcasting Equipment have decreased by $-50.2M (-20.3%) from $247M to $197M, while imports increased by $38M (4.17%) from $913M to $951M.

Destinations: In July 2020 Broadcasting Equipment exported mostly to Canada ($60.3M), Mexico ($21.5M), Hong Kong ($12.8M), United Kingdom ($7.66M), and China ($6.74M), and imported mostly from China ($408M), Vietnam ($86.9M), Taiwan ($80.9M), Japan ($80.8M), and Thailand ($60M).

Growth: In July 2020, the decrease in Broadcasting Equipment's year-by-year exports was explained primarily by a decrease in exports to Canada ($-36.3M or -41%), Australia ($-6.87M or -61.1%), and Saudi Arabia ($-6.86M or -81.9%). In July 2020, the increase in Broadcasting Equipment's year-by-year imports was explained primarily by an increase in imports from Vietnam ($105M or 358%), Taiwan ($28.1M or 49.8%), and Indonesia ($25.5M or 1.03k%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $-50.2M, (-20.3%)

IMPORT GROWTH (July 2019 - July 2020): $38M, (4.17%)

MAIN EXPORTER (July 2020): California, $48.9M

MAIN DESTINATION (July 2020): Canada, $60.3M

This section shows Broadcasting Equipment's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Broadcasting Equipment over time.

Value

EXPORTS (2018): $17.8B

IMPORTS (2018): $84.9B

NET TRADE (2018): -$67.1B

In 2018, United States exported $17.8B in Broadcasting Equipment. The main destinations of United States exports on Broadcasting Equipment were Hong Kong ($4.17B), Netherlands ($1.91B), United Arab Emirates ($1.23B), China ($928M), and United Kingdom ($715M).

In 2018, United States imported $84.9B in Broadcasting Equipment, mainly from China ($57.8B), Vietnam ($6.29B), South Korea ($4.79B), Mexico ($3.16B), and Malaysia ($2.16B).

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

  • Hong Kong, $3.83B ($4.17B - $344M)
  • Netherlands, $1.51B ($1.91B - $402M)
  • United Arab Emirates, $1.17B ($1.23B - $62.5M)

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

  • China, -$56.9B ($928M - $57.8B)
  • Vietnam, -$6.29B ($0 - $6.29B)
  • South Korea, -$4.57B ($218M - $4.79B)
Flow

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

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

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Market Concentration

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Type

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

In 2018, United States'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 United States. 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 United States in Broadcasting Equipment was 0.26%.

The countries with the highest tariffs for Broadcasting Equipment in United States were Equatorial Guinea (0.5%), Libya (0.5%), Mayotte (0.5%), Reunion (0.5%), and Sudan (0.5%).

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