Broadcasting Equipment in United States 2021 Exports | Imports : $25.1B | $101B, World Rnk 3 / 225 Rnk 14 / 1216 | World Rnk 1 / 224 Rnk 4 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.26B | $6.83B, Hong Kong | China
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Broadcasting Equipment: 0.42, Rnk 405 / 1029
Exports In 2021, United States exported $25.1B in Broadcasting Equipment, making it the 3rd 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 ($4.56B), Mexico ($2.47B), Canada ($2.27B), Netherlands ($1.96B), and United Arab Emirates ($1.74B).
The fastest growing export markets for Broadcasting Equipment of United States between 2020 and 2021 were Hong Kong ($1.26B), United Arab Emirates ($366M), and Vietnam ($215M).
Imports In 2021, United States imported $101B 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 ($54.3B), Vietnam ($17.4B), Mexico ($7.31B), Chinese Taipei ($4.01B), and Thailand ($3.39B).
The fastest growing import markets in Broadcasting Equipment for United States between 2020 and 2021 were China ($6.83B), Mexico ($4.92B), and Vietnam ($3.04B).
Tariffs In 2017, the average tariff for United States in Broadcasting Equipment was 0.29%. The countries with the highest import tariffs for Broadcasting Equipment were Equatorial Guinea (Most Favoured Nation duty rate treatment, 0.5%), Libya (Most Favoured Nation duty rate treatment, 0.5%), Mayotte (Most Favoured Nation duty rate treatment, 0.5%), Reunion (Most Favoured Nation duty rate treatment, 0.5%), and Sudan (Most Favoured Nation duty rate treatment, 0.5%).
January 2023
Overview In January 2023 United States' Broadcasting Equipment exports accounted up to $248M and imports accounted up to $845M, resulting in a negative trade balance of $596M. Between January 2022 and January 2023 the exports of United States' Broadcasting Equipment have increased by $33.8M (15.8%) from $215M to $248M, while imports decreased by $-336M (-28.4%) from $1.18B to $845M.
Destinations In January 2023, Broadcasting Equipment were exported mostly to Canada ($98.8M), Mexico ($31.3M), Germany ($14.1M), United Kingdom ($6.25M), and Jordan ($6.13M), and were imported mostly from China ($150M), Vietnam ($148M), Taiwan ($90.7M), Thailand ($88.7M), and Malaysia ($67.7M).
Growth In January 2023, the increase in Broadcasting Equipment's year-by-year exports was explained primarily by an increase in exports to Canada ($10.9M or 21.8%), Mexico ($10.6M or 45.9%), and France ($7.87M or 176%). In January 2023, the decrease in Broadcasting Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.96M or -8.29%), Poland ($-1.8M or -27%), and Hungary ($-1.6M or -30.8%).
EXPORT GROWTH (January 2022 - January 2023): $33.8M, (15.8%)
IMPORT GROWTH (January 2022 - January 2023): $-336M, (-28.4%)
MAIN EXPORTER (January 2023): Texas, $44.8M
MAIN DESTINATION (January 2023): Canada, $98.8M
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 (2021): $25.1B
IMPORTS (2021): $101B
NET TRADE (2021): -$75.9B
In 2021, United States exported $25.1B in Broadcasting Equipment. The main destinations of United States exports on Broadcasting Equipment were Hong Kong ($4.56B), Mexico ($2.47B), Canada ($2.27B), Netherlands ($1.96B), and United Arab Emirates ($1.74B).
In 2021, United States imported $101B in Broadcasting Equipment, mainly from China ($54.3B), Vietnam ($17.4B), Mexico ($7.31B), Chinese Taipei ($4.01B), and Thailand ($3.39B).
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Broadcasting Equipment were:
In 2021, United States's main importing competitors in Broadcasting Equipment were:
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