Broadcasting Equipment in United States 2020 Exports | Imports : $21.5B | $82B, World Rnk 3 / 222 Rnk 13 / 1217 | World Rnk 1 / 225 Rnk 4 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $225M | $2.28B, Philippines | Vietnam
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Broadcasting Equipment: 0.75, Rnk 256 / 1029
Exports In 2020, United States exported $21.5B in Broadcasting Equipment, making it the 3rd largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 13th most exported product in United States. The main destination of Broadcasting Equipment exports from United States are: Hong Kong ($3.3B), Canada ($2.05B), Netherlands ($1.85B), Mexico ($1.67B), and United Arab Emirates ($1.37B).
The fastest growing export markets for Broadcasting Equipment of United States between 2019 and 2020 were Philippines ($225M), United Arab Emirates ($140M), and Ecuador ($121M).
Imports In 2020, United States imported $82B 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 ($47.5B), Vietnam ($14.3B), Chinese Taipei ($3.83B), Mexico ($2.33B), and South Korea ($2.24B).
The fastest growing import markets in Broadcasting Equipment for United States between 2019 and 2020 were Vietnam ($2.28B), Thailand ($1.21B), and Chinese Taipei ($917M).
August 2022
Overview In August 2022 United States' Broadcasting Equipment exports accounted up to $257M and imports accounted up to $1.13B, resulting in a negative trade balance of $876M. Between August 2021 and August 2022 the exports of United States' Broadcasting Equipment have decreased by $-15M (-5.5%) from $272M to $257M, while imports increased by $188M (19.9%) from $945M to $1.13B.
Destinations In August 2022, Broadcasting Equipment were exported mostly to Canada ($96M), Mexico ($32.7M), Germany ($16.4M), Hong Kong ($8.96M), and Netherlands ($7.99M), and were imported mostly from China ($316M), Vietnam ($185M), Thailand ($111M), Taiwan ($103M), and Japan ($80.7M).
Growth In August 2022, the decrease in Broadcasting Equipment's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-6.92M or -23.1%), Saudi Arabia ($-1.95M or -76.1%), and Singapore ($-1.83M or -36.5%). In August 2022, 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 ($8.95M or 16.4%).
EXPORT GROWTH (August 2021 - August 2022): $-15M, (-5.5%)
IMPORT GROWTH (August 2021 - August 2022): $188M, (19.9%)
MAIN EXPORTER (August 2022): California, $45.9M
MAIN DESTINATION (August 2022): Canada, $96M
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.
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EXPORTS (2020): $21.5B
IMPORTS (2020): $82B
NET TRADE (2020): -$60.4B
In 2020, United States exported $21.5B in Broadcasting Equipment. The main destinations of United States exports on Broadcasting Equipment were Hong Kong ($3.3B), Canada ($2.05B), Netherlands ($1.85B), Mexico ($1.67B), and United Arab Emirates ($1.37B).
In 2020, United States imported $82B in Broadcasting Equipment, mainly from China ($47.5B), Vietnam ($14.3B), Chinese Taipei ($3.83B), Mexico ($2.33B), and South Korea ($2.24B).
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Broadcasting Equipment were:
In 2020, United States's main importing competitors in Broadcasting Equipment were:
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