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Exports In 2022, Latvia exported $637M in Broadcasting Equipment, making it the 38th largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 6th most exported product in Latvia. The main destination of Broadcasting Equipment exports from Latvia are: Lithuania ($215M), United States ($63.4M), Poland ($39.4M), Estonia ($32.3M), and Czechia ($21.6M).

The fastest growing export markets for Broadcasting Equipment of Latvia between 2021 and 2022 were Lithuania ($16.9M), Kazakhstan ($7.61M), and Estonia ($7.13M).

Imports In 2022, Latvia imported $705M in Broadcasting Equipment, becoming the 65th largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 6th most imported product in Latvia. Latvia imports Broadcasting Equipment primarily from: Vietnam ($213M), Lithuania ($162M), China ($130M), Poland ($42.7M), and United States ($23.7M).

The fastest growing import markets in Broadcasting Equipment for Latvia between 2021 and 2022 were Vietnam ($41.7M), Lithuania ($22.7M), and United States ($10.7M).

Latest Trends

May 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Broadcasting Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$637M
IMPORTS (2022)$705M
NET TRADE (2022)-$68.1M

In 2022, Latvia exported $637M in Broadcasting Equipment. The main destinations of Latvia exports on Broadcasting Equipment were Lithuania ($215M), United States ($63.4M), Poland ($39.4M), Estonia ($32.3M), and Czechia ($21.6M).

In 2022, Latvia imported $705M in Broadcasting Equipment, mainly from Vietnam ($213M), Lithuania ($162M), China ($130M), Poland ($42.7M), and United States ($23.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Lithuania$16.9M (8.53%)
Kazakhstan$7.61M (323%)
Estonia$7.13M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY Latvia WERE (2021 - 2022):
Russia-$46.5M (-86.7%)
Germany-$11M (-35.1%)
Italy-$7.97M (-41.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Broadcasting Equipment were:
In 2022, Latvia's main importing competitors in Broadcasting Equipment were:

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Trade Value of Broadcasting Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $5.31M
TOP IMPORT POTENTIALChina+ $4.2M

Broadcasting Equipment’s highest export potential is United States. With an export gap of $5.31M.   Broadcasting Equipment’s highest import potential is China with an import gap of $4.2M.

See methodology.

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