Utility Meters in United Kingdom

EXPORTS (2018): $156M, World Rnk 17 / 140
Flag Rnk 333 / 1215

TOP DESTINATION (2018): $25.2M, Netherlands

FASTEST GROWING MARKET (2017 - 2018): $15M, France

IMPORTS (2018): $416M, World Rnk 5 / 213
Flag Rnk 290 / 1212

TOP ORIGIN (2018): $122M, India

FASTEST GROWING ORIGIN (2017 - 2018): $22.7M, Romania

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

PRODUCT COMPLEXITY  IN Utility Meters (2018): -0.041, Rnk 564 / 1018

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

Exports: In 2018, United Kingdom exported $156M in Utility Meters, making it the 17th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 333rd most exported product in United Kingdom. The main destination of Utility Meters exports from United Kingdom are: Netherlands ($25.2M), France ($24.5M), Ireland ($12.6M), United States ($11.8M), and Romania ($7.01M).

The fastest growing export markets for Utility Meters of United Kingdom between 2017 and 2018 were France ($15M), Iraq ($5.7M), and Romania ($4.09M).

Imports: In 2018, United Kingdom imported $416M in Utility Meters, becoming the 5th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 290th most imported product in United Kingdom. United Kingdom imports Utility Meters primarily from: India ($122M), Romania ($68.4M), Poland ($45M), Germany ($37.3M), and China ($31.7M).

The fastest growing import markets in Utility Meters for United Kingdom between 2017 and 2018 were Romania ($22.7M), Singapore ($4.2M), and Denmark ($2.25M).

Overview: In June 2020 United Kingdom's Utility Meters exports accounted up to £5.5M and imports accounted up to £11.5M, resulting in a negative trade balance of £5.96M. Between June 2019 and June 2020 the exports of United Kingdom's   Utility Meters have decreased by £-1.93M (-26%) from £7.43M to £5.5M, while imports decreased by £-10.3M (-47.3%) from £21.8M to £11.5M.

Destinations: In June 2020 Utility Meters exported mostly to Ireland (£748k), Netherlands (£721k), Vietnam (£700k), Nigeria (£517k), and France (£418k), and imported mostly from China (£2.5M), Poland (£1.32M), France (£1.06M), Germany (£1.02M), and India (£806k).

Growth: In June 2020, the decrease in Utility Meters's year-by-year exports was explained primarily by a decrease in exports to France (£-954k or -70.3%), Romania (£-511k or -76.4%), and Belgium (£-507k or -89.1%). In June 2020, the decrease in Utility Meters's year-by-year imports was explained primarily by a decrease in imports from Romania (£-4.47M or -73%), Singapore (£-2.88M or -86.7%), and India (£-2.5M or -93.4%).

Subnational Monthly Trade

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EXPORT GROWTH (June 2019 - June 2020): £-1.93M, (-26%)

IMPORT GROWTH (June 2019 - June 2020): £-10.3M, (-47.3%)

MAIN EXPORTER (June 2020): London Heathrow Airport, £909k

MAIN DESTINATION (June 2020): Ireland, £748k

This section shows Utility Meters'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 Utility Meters over time.

Value

EXPORTS (2018): $156M

IMPORTS (2018): $416M

NET TRADE (2018): -$260M

In 2018, United Kingdom exported $156M in Utility Meters. The main destinations of United Kingdom exports on Utility Meters were Netherlands ($25.2M), France ($24.5M), Ireland ($12.6M), United States ($11.8M), and Romania ($7.01M).

In 2018, United Kingdom imported $416M in Utility Meters, mainly from India ($122M), Romania ($68.4M), Poland ($45M), Germany ($37.3M), and China ($31.7M).

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

  • Netherlands, $21.5M ($25.2M - $3.72M)
  • Ireland, $12.4M ($12.6M - $223k)
  • Iraq, $5.82M ($5.82M - $0)

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

  • India, -$121M ($1.01M - $122M)
  • Romania, -$61.3M ($7.01M - $68.4M)
  • Poland, -$43.2M ($1.87M - $45M)
Flow

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

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

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Market Concentration

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

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

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Utility Meters 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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