HS Icon Broadcasting Equipment

8525 (Harmonized System 1992 for 4-digit)

World Trade (2018): $419B, Rnk 5 / 1225

Top Exporter (2018): $224B, China

Top Importer (2018): $84.9B, United States

Product Complexity (2018): 0.37, Rnk 424 / 1018

Export Growth (CAGR)(2017 - 2018): 3.95%, Rnk 997 / 1225

Mean Tariff (2018): 6.25%, Rnk 673 / 1259

Share of World Trade (2018): 2.28%, Rnk 5 / 1225

Overview:  This page contains the latest trade data of Broadcasting Equipment. In 2018, Broadcasting Equipment were the world's 5th most traded product, with a total trade of $419B. Between 2017 and 2018 the exports of Broadcasting Equipment grew by 3.95%, from  $403B to $419B. Trade in Broadcasting Equipment represent 2.28% of total world trade.

Exports: In 2018 the top exporters of Broadcasting Equipment  were China ($224B), Vietnam ($42.8B), Netherlands ($18.1B), United States ($17.8B), and Germany ($11.3B).

Imports: In 2018 the top importers of Broadcasting Equipment were United States ($84.9B), Hong Kong ($48.6B), Germany ($22.3B), Netherlands ($21B), and Japan ($18B).

Tariffs: In 2018 the average tariff for Broadcasting Equipment was 6.25%, been the 673 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Broadcasting Equipment are Iran (29.8%), Bahamas (27.7%), Algeria (21%), Bermuda (20%), and Samoa (20%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Broadcasting Equipment ranks 424th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $224B

Top Destination (2018): United States, $84.9B

Broadcasting Equipment are the world's 5th most traded product.

In 2018, the top exporters of Broadcasting Equipment were China ($224B), Vietnam ($42.8B), Netherlands ($18.1B), United States ($17.8B), and Germany ($11.3B).

In 2018, the top importers of Broadcasting Equipment were United States ($84.9B), Hong Kong ($48.6B), Germany ($22.3B), Netherlands ($21B), and Japan ($18B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $12.1B

Top Destination Growth (2017 - 2018): United Arab Emirates, $7.48B

Between 2017 and 2018, the exports of Broadcasting Equipment grew the fastest in Vietnam ($12.1B), United Arab Emirates ($8.98B), United States ($4.92B), Czechia ($4.66B), and Germany ($3.79B).

Between 2017 and 2018, the fastest growing importers of Broadcasting Equipment were United Arab Emirates ($7.48B), Iraq ($3.59B), Hong Kong ($3.24B), Netherlands ($3.2B), and Saudi Arabia ($2.7B).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Broadcasting Equipment.

In 2018,  market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Broadcasting Equipment are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $220B

TOP NET IMPORTER (2018): United States, $67.1B

This map shows which countries export or import more of Broadcasting Equipment. Each country is colored based on the difference in exports and imports of Broadcasting Equipment during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Broadcasting Equipment were China ($220B), Vietnam ($39.5B), Chinese Taipei ($1.67B), Malaysia ($1.61B), and Ireland ($985M).

In 2018, the countries that had a largest trade value in imports than in exports of Broadcasting Equipment were United States ($67.1B), Hong Kong ($38.2B), Japan ($16.3B), United Kingdom ($12.1B), and Germany ($11B).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Broadcasting Equipment. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Broadcasting Equipment was 6.25%.  The countries with the highest tariffs for importing Broadcasting Equipment were Iran (29.8%), Bahamas (27.7%), Algeria (21%), Bermuda (20%), and Samoa (20%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.