Telephones in United Kingdom

EXPORTS (2018): $476M, World Rnk 23 / 202
Flag Rnk 167 / 1215

TOP DESTINATION (2018): $51.1M, United States

FASTEST GROWING MARKET (2017 - 2018): $50M, United States

IMPORTS (2018): $1.01B, World Rnk 19 / 219
Flag Rnk 132 / 1212

TOP ORIGIN (2018): $248M, China

FASTEST GROWING ORIGIN (2017 - 2018): $74.8M, Czechia

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

PRODUCT COMPLEXITY  IN Telephones (2018): 0.47, Rnk 386 / 1018

Overview: This page contains the latest trade data of Telephones in United Kingdom.

Exports: In 2018, United Kingdom exported $476M in Telephones, making it the 23rd largest exporter of Telephones in the world. At the same year, Telephones was the 167th most exported product in United Kingdom. The main destination of Telephones exports from United Kingdom are: United States ($51.1M), Italy ($39M), France ($37.4M), Netherlands ($34.5M), and Hong Kong ($34.1M).

The fastest growing export markets for Telephones of United Kingdom between 2017 and 2018 were United States ($50M), Italy ($21.1M), and Qatar ($14.1M).

Imports: In 2018, United Kingdom imported $1.01B in Telephones, becoming the 19th largest importer of Telephones in the world. At the same year, Telephones was the 132nd most imported product in United Kingdom. United Kingdom imports Telephones primarily from: China ($248M), Netherlands ($186M), Mexico ($99.2M), Czechia ($87.2M), and Germany ($56.9M).

The fastest growing import markets in Telephones for United Kingdom between 2017 and 2018 were Czechia ($74.8M), Mexico ($17.9M), and Italy ($14.1M).

Overview: In August 2020 United Kingdom's Telephones exports accounted up to £250M and imports accounted up to £1.07B, resulting in a negative trade balance of £822M. Between August 2019 and August 2020 the exports of United Kingdom's   Telephones have decreased by £-33.5M (-11.8%) from £284M to £250M, while imports decreased by £-119M (-9.97%) from £1.19B to £1.07B.

Destinations: In August 2020 Telephones exported mostly to Ireland (£41.2M), Germany (£29.9M), United States (£23.4M), France (£17.9M), and Netherlands (£17.7M), and imported mostly from China (£396M), Netherlands (£200M), Vietnam (£136M), Hong Kong (£73.6M), and United States (£49M).

Growth: In August 2020, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-9.78M or -19.2%), Hong Kong (£-9.18M or -54.6%), and United Arab Emirates (£-4.77M or -41.7%). In August 2020, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-34.7M or -14.8%), China (£-28.1M or -6.63%), and Vietnam (£-17.5M or -11.4%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): £-33.5M, (-11.8%)

IMPORT GROWTH (August 2019 - August 2020): £-119M, (-9.97%)

MAIN EXPORTER (August 2020): London Heathrow Airport, £43.5M

MAIN DESTINATION (August 2020): Ireland, £41.2M

This section shows Telephones's exports and imports data at subnational level for United Kingdom. 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 Telephones over time.

Value

EXPORTS (2018): $476M

IMPORTS (2018): $1.01B

NET TRADE (2018): -$530M

In 2018, United Kingdom exported $476M in Telephones. The main destinations of United Kingdom exports on Telephones were United States ($51.1M), Italy ($39M), France ($37.4M), Netherlands ($34.5M), and Hong Kong ($34.1M).

In 2018, United Kingdom imported $1.01B in Telephones, mainly from China ($248M), Netherlands ($186M), Mexico ($99.2M), Czechia ($87.2M), and Germany ($56.9M).

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IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Telephones WITH:

  • Italy, $19.8M ($39M - $19.2M)
  • Hong Kong, $19.4M ($34.1M - $14.7M)
  • France, $16.9M ($37.4M - $20.5M)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Telephones WITH:

  • China, -$240M ($7.42M - $248M)
  • Netherlands, -$152M ($34.5M - $186M)
  • Mexico, -$98.7M ($578k - $99.2M)
Flow

THE FASTEST GROWING Telephones EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY United Kingdom WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United Kingdom's main exporting competitors in Telephones were:

In 2018, United Kingdom's main importing competitors in Telephones were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Telephones in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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