Electrical Control Boards in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.85B in Electrical Control Boards, making it the 10th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 41st most exported product in United Kingdom. The main destination of Electrical Control Boards exports from United Kingdom are: United States ($404M), Germany ($192M), United Kingdom ($162M), China ($125M), and Netherlands ($100M).

The fastest growing export markets for Electrical Control Boards of United Kingdom between 2021 and 2022 were United Kingdom ($65.5M), Netherlands ($26.1M), and Germany ($20.2M).

Imports In 2022, United Kingdom imported $2.29B in Electrical Control Boards, becoming the 5th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 55th most imported product in United Kingdom. United Kingdom imports Electrical Control Boards primarily from: Germany ($449M), United States ($262M), China ($221M), United Kingdom ($162M), and France ($114M).

The fastest growing import markets in Electrical Control Boards for United Kingdom between 2021 and 2022 were United Kingdom ($65.5M), United States ($60.4M), and Mexico ($46.3M).

COMPANIES In 2023, leading companies such as DOLE FRESH FRUIT COMPANY (56) were at the forefront of shipping Electrical Control Boards from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Electrical Control Boards exports accounted up to £124M and imports accounted up to £214M, resulting in a negative trade balance of £89.3M. Between January 2023 and January 2024 the exports of United Kingdom's Electrical Control Boards have increased by £2.8M (2.3%) from £122M to £124M, while imports increased by £14.1M (7.05%) from £200M to £214M.

Destinations In January 2024, Electrical Control Boards were exported mostly to United States (£36.5M), Germany (£10.4M), Netherlands (£9M), France (£6.62M), and China (£6.13M), and were imported mostly from Germany (£43.9M), United States (£33.1M), Netherlands (£27.3M), China (£16.6M), and France (£12M).

Growth In January 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to Germany (£13.7M or 168%), United States (£10.5M or 47.5%), and Netherlands (£2.44M or 52.5%). In January 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from Mexico (£14.1M or 5.63k%), Germany (£11.2M or 35.2%), and United States (£8.98M or 40.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£2.8M(2.3%)

IMPORT GROWTH (January 2023 - January 2024)£14.1M(7.05%)

MAIN EXPORTER (January 2024)London Heathrow Airport£42M

MAIN DESTINATION (January 2024)United States£36.5M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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