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2022
Exports $404MWorld Rnk 22 / 218
Flag Rnk 170 / 1216
2022
Destination $15.4M United States
2021 - 2022
FASTEST GROWING MARKET $15.4MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories0.91Rnk 204 / 1025
2022
Imports $712MWorld Rnk 17 / 225
Flag Rnk 189 / 1214
2022
Origin $15.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $15.4MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $404M in Electrical Power Accessories, making it the 22nd largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 170th most exported product in United Kingdom. The main destination of Electrical Power Accessories exports from United Kingdom are: United States ($57.1M), United Kingdom ($34.6M), Germany ($33.7M), Spain ($20.1M), and Ireland ($18.9M).

The fastest growing export markets for Electrical Power Accessories of United Kingdom between 2021 and 2022 were United Kingdom ($15.4M), Spain ($12.3M), and Lithuania ($10.3M).

Imports In 2022, United Kingdom imported $712M in Electrical Power Accessories, becoming the 17th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 189th most imported product in United Kingdom. United Kingdom imports Electrical Power Accessories primarily from: Germany ($125M), China ($81.1M), United States ($67.9M), France ($48.1M), and India ($41.5M).

The fastest growing import markets in Electrical Power Accessories for United Kingdom between 2021 and 2022 were United Kingdom ($15.4M), United States ($12.9M), and Romania ($5.01M).

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Electrical Power Accessories exports accounted up to £24.6M and imports accounted up to £51.1M, resulting in a negative trade balance of £26.5M. Between July 2023 and July 2024 the exports of United Kingdom's   Electrical Power Accessories have decreased by £-4.78M (-16.3%) from £29.4M to £24.6M, while imports increased by £607k (1.2%) from £50.5M to £51.1M.

Destinations In July 2024, Electrical Power Accessories were exported mostly to United States (£3.51M), Germany (£2.95M), France (£2.03M), Ireland (£1.8M), and Spain (£1.36M), and were imported mostly from Germany (£8.98M), United States (£5.63M), France (£4.16M), China (£4M), and Qatar (£3.61M).

Growth In July 2024, the decrease in Electrical Power Accessories's year-by-year exports was explained primarily by a decrease in exports to Mexico (£-755k or -92.3%), Italy (£-461k or -38.4%), and United Arab Emirates (£-374k or -30.9%). In July 2024, the increase in Electrical Power Accessories's year-by-year imports was explained primarily by an increase in imports from Germany (£2.63M or 44.1%), China (£1.57M or 38.4%), and United States (£1.53M or 39.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-4.78M(-16.3%)
IMPORT GROWTH (July 2023 - July 2024)£607k(1.2%)
MAIN EXPORTER (July 2024)Dover Eurotunnel£6.25M
MAIN DESTINATION (July 2024)United States£3.51M

This section shows Electrical Power Accessories'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 Power Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$404M
IMPORTS (2022)$712M
NET TRADE (2022)-$308M

In 2022, United Kingdom exported $404M in Electrical Power Accessories. The main destinations of United Kingdom exports on Electrical Power Accessories were United States ($57.1M), United Kingdom ($34.6M), Germany ($33.7M), Spain ($20.1M), and Ireland ($18.9M).

In 2022, United Kingdom imported $712M in Electrical Power Accessories, mainly from Germany ($125M), China ($81.1M), United States ($67.9M), France ($48.1M), and India ($41.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$15.4M (80.7%)
Spain$12.3M (155%)
Lithuania$10.3M (4.79k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY United Kingdom WERE (2021 - 2022):
Belgium-$38M (-89.3%)
Saudi Arabia-$9.23M (-41%)
Ireland-$4.12M (-17.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Electrical Power Accessories were:
China $6.47B
Germany $6.36B
United States $4.96B
In 2022, United Kingdom's main importing competitors in Electrical Power Accessories were:
United States $4.94B
Mexico $4.2B
China $3.93B

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27M
TOP IMPORT POTENTIALGermany+ $51M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $27M.   Electrical Power Accessories’s highest import potential is Germany with an import gap of $51M.

See methodology.

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