2023
Exports
$646MWorld Rnk 35 / 225
Flag Rnk 3 / 1196
2023
PRODUCT COMPLEXITY IN Broadcasting Equipment
0.59Rnk 334 / 1025
2023
Imports
$723MWorld Rnk 65 / 226
Flag Rnk 4 / 1206

About

Exports In 2023, Latvia exported $646M in Broadcasting Equipment, making it the 35th largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 3rd most exported product in Latvia. The main destination of Broadcasting Equipment exports from Latvia are: Lithuania ($227M), Poland ($55.4M), United States ($51.5M), Estonia ($35.8M), and United Arab Emirates ($33.2M).

The fastest growing export markets for Broadcasting Equipment of Latvia between 2022 and 2023 were Lithuania ($36.8M), Czechia ($14.4M), and United Arab Emirates ($9.6M).

Imports In 2023, Latvia imported $723M in Broadcasting Equipment, becoming the 65th largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 4th most imported product in Latvia. Latvia imports Broadcasting Equipment primarily from: Vietnam ($216M), Lithuania ($179M), China ($126M), Poland ($49.5M), and Netherlands ($29.4M).

The fastest growing import markets in Broadcasting Equipment for Latvia between 2022 and 2023 were India ($17.9M), Netherlands ($10.9M), and Italy ($9.94M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Broadcasting Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$646M
IMPORTS (2023)$723M
NET TRADE (2023)-$76.4M

In 2023, Latvia exported $646M in Broadcasting Equipment. The main destinations of Latvia exports on Broadcasting Equipment were Lithuania ($227M), Poland ($55.4M), United States ($51.5M), Estonia ($35.8M), and United Arab Emirates ($33.2M).

In 2023, Latvia imported $723M in Broadcasting Equipment, mainly from Vietnam ($216M), Lithuania ($179M), China ($126M), Poland ($49.5M), and Netherlands ($29.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Lithuania$36.8M (19.3%)
Czechia$14.4M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY Latvia WERE (2022 - 2023):
Estonia-$12.9M (-26.5%)
Germany-$9.18M (-39.4%)
Russia-$6.74M (-94.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Broadcasting Equipment were:
In 2023, Latvia's main importing competitors in Broadcasting Equipment were:

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Trade Value of Broadcasting Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.31M
TOP IMPORT POTENTIALChina+ $4.2M

Broadcasting Equipment’s highest export potential is United States. With an export gap of $5.31M.   Broadcasting Equipment’s highest import potential is China with an import gap of $4.2M.

See methodology.

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