Utility Meters in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $506M in Utility Meters, making it the 3rd largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 387th most exported product in United States. The main destination of Utility Meters exports from United States are: Mexico ($217M), Canada ($162M), China ($7.47M), Australia ($6.5M), and United Arab Emirates ($6.33M).

The fastest growing export markets for Utility Meters of United States between 2021 and 2022 were Mexico ($17.3M), Canada ($10.8M), and United Arab Emirates ($3.05M).

Imports In 2022, United States imported $1.49B in Utility Meters, becoming the 1st largest importer of Utility Meters in the world. At the same year, Utility Meters was the 316th most imported product in United States. United States imports Utility Meters primarily from: Mexico ($1.04B), Vietnam ($89.2M), Canada ($69.1M), China ($68.6M), and Israel ($60.4M).

The fastest growing import markets in Utility Meters for United States between 2021 and 2022 were Mexico ($150M), Vietnam ($22.4M), and Germany ($17.4M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (588), ROBERT BOSCH TOOL CORPORATION (201), and TRACTOR SUPPLY COMPANY OF (198) were at the forefront of shipping Utility Meters to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Utility Meters exports accounted up to $58.4M and imports accounted up to $159M, resulting in a negative trade balance of $100M. Between January 2023 and January 2024 the exports of United States' Utility Meters have increased by $11.3M (24%) from $47.1M to $58.4M, while imports increased by $23.4M (17.3%) from $135M to $159M.

Destinations In January 2024, Utility Meters were exported mostly to Canada ($22.7M), Mexico ($22.1M), Philippines ($1.44M), Jamaica ($1.06M), and Costa Rica ($900k), and were imported mostly from Mexico ($116M), Canada ($9.06M), Israel ($7.83M), Greece ($5.9M), and China ($4.25M).

Growth In January 2024, the increase in Utility Meters's year-by-year exports was explained primarily by an increase in exports to Mexico ($12.9M or 102%), Canada ($4.64M or 56.2%), and Israel ($526k or 350%). In January 2024, the increase in Utility Meters's year-by-year imports was explained primarily by an increase in imports from Mexico ($34.3M or 52.7%), Israel ($3.1M or 65.1%), and Canada ($2.66M or 89.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$11.3M(24%)

IMPORT GROWTH (January 2023 - January 2024)$23.4M(17.3%)

MAIN EXPORTER (January 2024)Texas$14.8M

MAIN DESTINATION (January 2024)Canada$22.7M

This section shows Utility Meters's exports and imports data at subnational level for United States. 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 Utility Meters over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$506M

IMPORTS (2022)$1.49B

NET TRADE (2022)-$979M

In 2022, United States exported $506M in Utility Meters. The main destinations of United States exports on Utility Meters were Mexico ($217M), Canada ($162M), China ($7.47M), Australia ($6.5M), and United Arab Emirates ($6.33M).

In 2022, United States imported $1.49B in Utility Meters, mainly from Mexico ($1.04B), Vietnam ($89.2M), Canada ($69.1M), China ($68.6M), and Israel ($60.4M).

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