Utility MetersGas, liquid or electricity supply or production meters, including calibrating meters therefor
9028 (Harmonized System 1992 for 4-digit)
2021 World Trade: $8.54B, Rnk 398 / 1217
2021 Top Exporter | Top Importer: $2.15B | $1.23B, China | United States
2021 Product Complexity: -0.053, Rnk 566 / 1024
2020 - 2021 Export Growth (CAGR): 1.69%, Rnk 1114 / 1217
2018 Mean Tariff: 8.45%, Rnk 508 / 1259
2021 Share of World Trade: 0.041%, Rnk 398 / 1217
Overview This page contains the latest trade data of Utility Meters. In 2021, Utility Meters were the world's 398th most traded product, with a total trade of $8.54B. Between 2020 and 2021 the exports of Utility Meters grew by 1.69%, from $8.4B to $8.54B. Trade in Utility Meters represent 0.041% of total world trade.
Utility Meters are a part of Optical, photo, & film equipment; medical instruments. They include Electricity supply, production and calibrating meters, Parts, accessories for gas, liquid, electricity meter, Liquid supply, production and calibrating meters, and Gas supply/production/calibration meters.
Exports In 2021 the top exporters of Utility Meters were China ($2.15B), Mexico ($936M), Germany ($477M), United States ($476M), and Italy ($455M).
Imports In 2021 the top importers of Utility Meters were United States ($1.23B), France ($506M), Italy ($473M), Mexico ($425M), and Germany ($422M).
Tariffs In 2018 the average tariff for Utility Meters was 8.45%, making it the 508th lowest tariff using the HS4 product classification.
Ranking Utility Meters ranks 566th in the Product Complexity Index (PCI).
Description Gas, liquid or electricity supply or production meters are used to measure the amount of gas, liquid or electricity that is being supplied. They can be made from a variety of materials, including plastic and metal.
The following visualization shows the latest trends on Utility 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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): China, $2.15B
Top Destination (2021): United States, $1.23B
Utility Meters are the world's 398th most traded product.
In 2021, the top exporters of Utility Meters were China ($2.15B), Mexico ($936M), Germany ($477M), United States ($476M), and Italy ($455M).
In 2021, the top importers of Utility Meters were United States ($1.23B), France ($506M), Italy ($473M), Mexico ($425M), and Germany ($422M).
Trade by country
Between 2020 and 2021, the exports of Utility Meters grew the fastest in Greece ($193M), Italy ($125M), France ($66.2M), Germany ($41.7M), and Poland ($37M).
Between 2020 and 2021, the fastest growing importers of Utility Meters were Greece ($154M), Sweden ($82.4M), Germany ($60.3M), United Kingdom ($56.1M), and Russia ($52.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Utility Meters.
In 2021, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Utility Meters are explained by 19 countries.
TOP NET EXPORTER (2021): China, $2.01B
TOP NET IMPORTER (2021): United States, $756M
This map shows which countries export or import more of Utility Meters. Each country is colored based on the difference in exports and imports of Utility Meters during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Utility Meters were China ($2.01B), Mexico ($511M), Tunisia ($216M), Poland ($197M), and Romania ($178M).
In 2021, the countries that had a largest trade value in imports than in exports of Utility Meters were United States ($756M), United Kingdom ($247M), Uzbekistan ($160M), Sweden ($150M), and Austria ($140M).
In 2021, the world most traded Utility Meters, disaggragated by their HS6 level were Electricity supply, production and calibrating meters ($3.67B), Parts, accessories for gas, liquid, electricity... ($2.62B), Liquid supply, production and calibrating meters ($1.35B), and Gas supply/production/calibration meters ($901M)
This visualization shows the countries that have an important ratio of their trade related to Utility Meters. It is possible to select the main countries that export or import Utility Meters in the world, or by continent, as well as select the measure of interest.
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.
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