Electrical energy in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $4.75B in Electrical energy, making it the 10th largest exporter of Electrical energy in the world. At the same year, Electrical energy was the 14th most exported product in United Kingdom. The main destination of Electrical energy exports from United Kingdom are: France ($3.05B), Belgium ($608M), Netherlands ($491M), Norway ($457M), and Ireland ($132M).

The fastest growing export markets for Electrical energy of United Kingdom between 2021 and 2022 were France ($2.7B), Belgium ($578M), and Netherlands ($476M).

Imports In 2022, United Kingdom imported $3.89B in Electrical energy, becoming the 10th largest importer of Electrical energy in the world. At the same year, Electrical energy was the 20th most imported product in United Kingdom. United Kingdom imports Electrical energy primarily from: Norway ($980M), Netherlands ($916M), France ($865M), Belgium ($810M), and Ireland ($317M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (6.62k), Diageo Beverages (3.83k), and J.C. Bamford (1.28k) were at the forefront of shipping Electrical energy from United Kingdom to the United States.

Latest Trends

June 2024

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Overview In June 2024 United Kingdom's Electrical energy exports accounted up to £48.3M and imports accounted up to £291M, resulting in a negative trade balance of £243M. Between June 2023 and June 2024 the exports of United Kingdom's Electrical energy have increased by £6.57M (15.7%) from £41.8M to £48.3M, while imports increased by £63.4M (27.8%) from £228M to £291M.

Destinations In June 2024, Electrical energy were exported mostly to Ireland (£19.4M), Netherlands (£14.7M), Denmark (£8.11M), Belgium (£5.25M), and France (£534k), and were imported mostly from France (£161M), Norway (£61.9M), Belgium (£23.8M), Denmark (£22.9M), and Netherlands (£21.5M).

Growth In June 2024, the increase in Electrical energy's year-by-year exports was explained primarily by an increase in exports to Ireland (£9.05M or 229%). In June 2024, the increase in Electrical energy's year-by-year imports was explained primarily by an increase in imports from France (£60.7M or 67.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)£6.57M(15.7%)

IMPORT GROWTH (June 2023 - June 2024)£63.4M(27.8%)

MAIN DESTINATION (June 2024)Ireland£19.4M

This section shows Electrical energy'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 energy over time.

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