HS Icon Broadcasting Accessories

8529 (Harmonized System 1992 for 4-digit)

World Trade (2018): $59.3B, Rnk 51 / 1225

Top Exporter (2018): $17.3B, China

Top Importer (2018): $12.9B, China

Product Complexity (2018): 0.98, Rnk 181 / 1018

Export Growth (CAGR)(2017 - 2018): 13.9%, Rnk 570 / 1225

Mean Tariff (2018): 6.74%, Rnk 635 / 1259

Share of World Trade (2018): 0.32%, Rnk 51 / 1225

Overview:  This page contains the latest trade data of Broadcasting Accessories. In 2018, Broadcasting Accessories were the world's 51st most traded product, with a total trade of $59.3B. Between 2017 and 2018 the exports of Broadcasting Accessories grew by 13.9%, from  $52.1B to $59.3B. Trade in Broadcasting Accessories represent 0.32% of total world trade.

Exports: In 2018 the top exporters of Broadcasting Accessories  were China ($17.3B), Vietnam ($8.81B), South Korea ($7.51B), Chinese Taipei ($6.25B), and United States ($2.61B).

Imports: In 2018 the top importers of Broadcasting Accessories were China ($12.9B), Hong Kong ($6.88B), United States ($3.95B), Vietnam ($3.32B), and Mexico ($2.96B).

Tariffs: In 2018 the average tariff for Broadcasting Accessories was 6.74%, been the 635 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Broadcasting Accessories are Bahamas (40.2%), Algeria (26.9%), Bermuda (25%), Maldives (24.1%), and Tanzania (23.6%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Japan (0%), and Kuwait (0%).

Ranking: Broadcasting Accessories ranks 181st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $17.3B

Top Destination (2018): China, $12.9B

Broadcasting Accessories are the world's 51st most traded product.

In 2018, the top exporters of Broadcasting Accessories were China ($17.3B), Vietnam ($8.81B), South Korea ($7.51B), Chinese Taipei ($6.25B), and United States ($2.61B).

In 2018, the top importers of Broadcasting Accessories were China ($12.9B), Hong Kong ($6.88B), United States ($3.95B), Vietnam ($3.32B), and Mexico ($2.96B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $3.79B

Top Destination Growth (2017 - 2018): United States, $3.95B

Between 2017 and 2018, the exports of Broadcasting Accessories grew the fastest in Vietnam ($3.79B), Chinese Taipei ($3.67B), United States ($738M), Mexico ($547M), and Germany ($440M).

Between 2017 and 2018, the fastest growing importers of Broadcasting Accessories were United States ($3.95B), China ($3.36B), Mexico ($2.74B), Vietnam ($916M), and South Korea ($709M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Broadcasting Accessories are explained by 12 countries.

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TOP NET EXPORTER (2018): Chinese Taipei, $5.64B

TOP NET IMPORTER (2018): Hong Kong, $5.52B

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

In 2018, the countries that had a largest trade value in exports than in imports of Broadcasting Accessories were Chinese Taipei ($5.64B), Vietnam ($5.48B), South Korea ($5.28B), China ($4.41B), and Malaysia ($276M).

In 2018, the countries that had a largest trade value in imports than in exports of Broadcasting Accessories were Hong Kong ($5.52B), Mexico ($2.37B), Poland ($1.45B), Brazil ($1.42B), and United States ($1.34B).

Trade Forecasts

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

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Import Tariffs

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In 2018, the average tariff for importing Broadcasting Accessories was 6.74%.  The countries with the highest tariffs for importing Broadcasting Accessories were Bahamas (40.2%), Algeria (26.9%), Bermuda (25%), Maldives (24.1%), and Tanzania (23.6%).

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Product Complexity

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Diversification Frontier

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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.