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Pricing

2022 - 2023
FASTEST GROWING MARKET $35.5MNetherlands
2023
PRODUCT COMPLEXITY IN Electrical Control Boards0.69Rnk 285 / 1025
2023
Origin $154MN/A
2022 - 2023
FASTEST GROWING ORIGIN $154MGermany
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported N/A in Electrical Control Boards, making it the 15th 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 ($383M), Germany ($174M), Netherlands ($115M), China ($85.9M), and France ($75M).

The fastest growing export markets for Electrical Control Boards of United Kingdom between 2022 and 2023 were Netherlands ($35.5M), United States ($34.2M), and Norway ($21.3M).

The fastest growing import markets in Electrical Control Boards for United Kingdom between 2022 and 2023 were Germany ($154M), Japan ($59.3M), and Portugal ($43.6M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (14) were at the forefront of shipping Electrical Control Boards from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Electrical Control Boards exports accounted up to £141M and imports accounted up to £230M, resulting in a negative trade balance of £89M. Between November 2023 and November 2024 the exports of United Kingdom's   Electrical Control Boards have decreased by £-508k (-0.36%) from £141M to £141M, while imports decreased by £-16.9M (-6.86%) from £247M to £230M.

Destinations In November 2024, Electrical Control Boards were exported mostly to United States (£33.1M), Germany (£14.2M), Netherlands (£8.24M), United Arab Emirates (£8.13M), and France (£7.79M), and were imported mostly from Germany (£47.9M), United States (£35.2M), China (£21.7M), France (£15.4M), and Netherlands (£12.5M).

Growth In November 2024, the decrease in Electrical Control Boards's year-by-year exports was explained primarily by a decrease in exports to Luxembourg (£-1.3M or -95.7%), Saudi Arabia (£-1.3M or -55.6%), and Belgium (£-860k or -36.9%). In November 2024, the decrease in Electrical Control Boards's year-by-year imports was explained primarily by a decrease in imports from Luxembourg (£-1.69M or -78.8%), China (£-1.56M or -10.4%), and Spain (£-1.49M or -25.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-508k(-0.36%)
IMPORT GROWTH (November 2023 - November 2024)£-16.9M(-6.86%)
MAIN EXPORTER (November 2024)London Heathrow Airport£51.7M
MAIN DESTINATION (November 2024)United States£33.1M

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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Historical Data

Trade Balance

Color

In N/A, United Kingdom exported N/A in Electrical Control Boards. The main destinations of United Kingdom exports on Electrical Control Boards were United States ($383M), Germany ($174M), Netherlands ($115M), China ($85.9M), and France ($75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Netherlands$35.5M (44.9%)
United States$34.2M (9.82%)
Norway$21.3M (160%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY United Kingdom WERE (2022 - 2023):
India-$15.3M (-35.3%)
China-$14.8M (-14.7%)
Sweden-$7.22M (-30.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Electrical Control Boards were:
China $14.5B
Germany $13.7B
Mexico $9.41B
In 2023, United Kingdom's main importing competitors in Electrical Control Boards were:
United States $18.9B
Germany $10.8B
China $6.58B

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $98.6M
TOP IMPORT POTENTIALChina+ $133M

Electrical Control Boards’s highest export potential is United States. With an export gap of $98.6M.   Electrical Control Boards’s highest import potential is China with an import gap of $133M.

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