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902830 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.7BRnk 783 / 4644
2023
Top Exporter | Top Importer $1.42B | $758MChina | United States
2023
Product Complexity 0.15Rnk 2275 / 4656
2022 - 2023
Export Growth (CAGR) 22.1%Rnk 253 / 4644
2023
Share of World Trade 0.021%Rnk 783 / 4644

About

Overview This page contains the latest trade data of Electricity supply, production and calibrating meters. In 2023, Electricity supply, production and calibrating meters were the world's 783rd most traded product, with a total trade of $4.7B. Between 2022 and 2023 the exports of Electricity supply, production and calibrating meters grew by 22.1%, from $3.85B to $4.7B. Trade in Electricity supply, production and calibrating meters represent 0.021% of total world trade.

Electricity supply, production and calibrating meters are a part of Utility Meters.

Exports In 2023 the top exporters of Electricity supply, production and calibrating meters  were China ($1.42B), Mexico ($804M), Tunisia ($248M), Poland ($229M), and United States ($208M).

Imports In 2023 the top importers of Electricity supply, production and calibrating meters were United States ($758M), Italy ($291M), France ($263M), Germany ($195M), and Australia ($161M).

Ranking Electricity supply, production and calibrating meters ranks 2275th in the Product Complexity Index (PCI).

Description Electricity is a commodity that is used to power everything from the lights in your house to the toaster in your kitchen. Electricity is supplied to houses and buildings through a process called grid power, which is delivered by a power company. Electricity is generated from different sources, such as coal, nuclear power, hydroelectric, or wind power. Electricity is metered to measure how much electricity a household uses. A meter is calibrated to measure how much electricity is being used.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electricity supply, production and calibrating meters. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$1.42B
Top Destination (2023)United States$758M

In 2023 Electricity supply, production and calibrating meters were the world's 783rd most traded product (out of 4,644).

In 2023, the top exporters of Electricity supply, production and calibrating meters were China ($1.42B), Mexico ($804M), Tunisia ($248M), Poland ($229M), and United States ($208M).

In 2023, the top importers of Electricity supply, production and calibrating meters were United States ($758M), Italy ($291M), France ($263M), Germany ($195M), and Australia ($161M).

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Exporters of Electricity supply, production and calibrating meters (2023)
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Importers of Electricity supply, production and calibrating meters (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$295M
Top Destination Growth (2022 -  2023)United States$253M

Between 2022 and 2023, the exports of Electricity supply, production and calibrating meters grew the fastest in Mexico ($295M), China ($228M), Singapore ($52.8M), Greece ($42.1M), and United States ($37.6M).

Between 2022 and 2023, the fastest growing importers of Electricity supply, production and calibrating meters were United States ($253M), Lithuania ($53.5M), Poland ($51.1M), Libya ($37.4M), and Australia ($35.4M).

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Exporters of Electricity supply, production and calibrating meters (2022 - 2023)

Importers of Electricity supply, production and calibrating meters (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electricity supply, production and calibrating meters.

In 2023, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Electricity supply, production and calibrating meters are explained by 15 countries.

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Value of Exports in Electricity supply, production and calibrating meters

Net Trade

TOP NET EXPORTER (2023)China$1.38B
TOP NET IMPORTER (2023)United States$550M

This map shows which countries export or import more of Electricity supply, production and calibrating meters. Each country is colored based on the difference in exports and imports of Electricity supply, production and calibrating meters during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electricity supply, production and calibrating meters were China ($1.38B), Mexico ($725M), Tunisia ($246M), Greece ($130M), and Poland ($111M).

In 2023, the countries that had a largest trade value in imports than in exports of Electricity supply, production and calibrating meters were United States ($550M), Italy ($177M), Australia ($151M), Netherlands ($139M), and United Kingdom ($134M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Electricity supply, production and calibrating meters.
It is possible to select the main countries that export or import Electricity supply, production and calibrating meters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electricity supply, production and calibrating meters by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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