Overview: In October 2020 United States' Broadcasting Equipment exports accounted up to $257M and imports accounted up to $1.17B, resulting in a negative trade balance of $912M. Between October 2019 and October 2020 the exports of United States' Broadcasting Equipment have decreased by $-8.61M (-3.25%) from $265M to $257M, while imports increased by $111M (10.5%) from $1.06B to $1.17B.
Destinations: In October 2020 Broadcasting Equipment exported mostly to Canada ($75.8M), Mexico ($26.8M), Hong Kong ($13.9M), Germany ($10.2M), and Singapore ($9.32M), and imported mostly from China ($496M), Japan ($112M), Vietnam ($111M), Thailand ($103M), and Taiwan ($89.3M).
Growth: In October 2020, the decrease in Broadcasting Equipment's year-by-year exports was explained primarily by a decrease in exports to Australia ($-11.9M or -59.5%), Hong Kong ($-9.25M or -39.9%), and Mexico ($-4.21M or -13.6%). In October 2020, the increase in Broadcasting Equipment's year-by-year imports was explained primarily by an increase in imports from Vietnam ($54.3M or 95.5%), China ($27.5M or 5.87%), and Japan ($14.7M or 15.1%).