Broadcasting Equipment in United States

2019
Exports | Imports
: $24.4B | $81.8B, World Rnk 3 / 223
Flag Rnk 12 / 1217 | World Rnk 1 / 225
Flag Rnk 4 / 1215

2019
Destination | Origin
: $4.08B | $50.5B, Hong Kong | China

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $698M | $5.48B, Paraguay |  Vietnam

2019
ECONOMIC COMPLEXITY of United States
: 1.64, Rnk 9 / 157

2019
PRODUCT COMPLEXITY  IN Broadcasting Equipment
: 0.4, Rnk 408 / 1029

Exports: In 2019, United States exported $24.4B in Broadcasting Equipment, making it the 3rd largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 12th most exported product in United States. The main destination of Broadcasting Equipment exports from United States are: Hong Kong ($4.08B), Canada ($2.41B), Mexico ($2.25B), Netherlands ($1.79B), and United Arab Emirates ($1.25B).

The fastest growing export markets for Broadcasting Equipment of United States between 2018 and 2019 were Paraguay ($698M), Vietnam ($110M), and Hungary ($76.8M).

Imports: In 2019, United States imported $81.8B in Broadcasting Equipment, becoming the 1st largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 4th most imported product in United States. United States imports Broadcasting Equipment primarily from: China ($50.5B), Vietnam ($12B), South Korea ($3.62B), Chinese Taipei ($2.9B), and Mexico ($2.41B).

The fastest growing import markets in Broadcasting Equipment for United States between 2018 and 2019 were Vietnam ($5.48B), Chinese Taipei ($1.23B), and Indonesia ($263M).

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 January 2021 United States' Broadcasting Equipment exports accounted up to $201M and imports accounted up to $764M, resulting in a negative trade balance of $563M. Between January 2020 and January 2021 the exports of United States'   Broadcasting Equipment have increased by $7.7M (3.98%) from $193M to $201M, while imports increased by $11.1M (1.47%) from $753M to $764M.

Destinations: In January 2021 Broadcasting Equipment exported mostly to Canada ($50.1M), Mexico ($23.1M), China ($11.2M), Germany ($10.6M), and Hong Kong ($8.65M), and imported mostly from China ($273M), Vietnam ($79M), Japan ($69.2M), Thailand ($64.9M), and Taiwan ($63.6M).

Growth: In January 2021, the increase in Broadcasting Equipment's year-by-year exports was explained primarily by an increase in exports to China ($6.51M or 140%), India ($4.11M or 136%), and Iceland ($2.04M or 864%). In January 2021, the increase in Broadcasting Equipment's year-by-year imports was explained primarily by an increase in imports from Thailand ($26.7M or 70.1%), Vietnam ($18.2M or 29.9%), and Taiwan ($8.28M or 15%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (January 2020 - January 2021): $7.7M, (3.98%)

IMPORT GROWTH (January 2020 - January 2021): $11.1M, (1.47%)

MAIN EXPORTER (January 2021): California, $44.4M

MAIN DESTINATION (January 2021): Canada, $50.1M

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 (2019): $24.4B

IMPORTS (2019): $81.8B

NET TRADE (2019): -$57.4B

In 2019, United States exported $24.4B in Broadcasting Equipment. The main destinations of United States exports on Broadcasting Equipment were Hong Kong ($4.08B), Canada ($2.41B), Mexico ($2.25B), Netherlands ($1.79B), and United Arab Emirates ($1.25B).

In 2019, United States imported $81.8B in Broadcasting Equipment, mainly from China ($50.5B), Vietnam ($12B), South Korea ($3.62B), Chinese Taipei ($2.9B), and Mexico ($2.41B).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Broadcasting Equipment WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Broadcasting Equipment WITH:

Flow

THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY United States WERE (2018 - 2019):

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Market Concentration

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Flow
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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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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