2023
Exports
$1.49BWorld Rnk 21 / 226
Flag Rnk 47 / 1216
2023
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.68Rnk 294 / 1025
2023
Imports
$2.92BWorld Rnk 10 / 226
Flag Rnk 42 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $1.49B in Low-voltage Protection Equipment, making it the 21st largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 47th most exported product in United Kingdom. The main destination of Low-voltage Protection Equipment exports from United Kingdom are: United States ($199M), Germany ($188M), France ($116M), Ireland ($73.9M), and Netherlands ($71.3M).

The fastest growing export markets for Low-voltage Protection Equipment of United Kingdom between 2022 and 2023 were France ($28.3M), Italy ($14.1M), and Saudi Arabia ($13.5M).

Imports In 2023, United Kingdom imported $2.92B in Low-voltage Protection Equipment, becoming the 10th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 42nd most imported product in United Kingdom. United Kingdom imports Low-voltage Protection Equipment primarily from: China ($826M), United States ($394M), Germany ($331M), France ($199M), and Italy ($120M).

The fastest growing import markets in Low-voltage Protection Equipment for United Kingdom between 2022 and 2023 were United States ($177M), Ireland ($52.7M), and France ($24.5M).

COMPANIES In 2023, leading companies such as J.C. Bamford (12) and ZF Friedrichshafen (2) were at the forefront of shipping Low-voltage Protection Equipment from United Kingdom to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£6.17M(4.38%)
IMPORT GROWTH (November 2023 - November 2024)£3.81M(1.87%)
MAIN EXPORTER (November 2024)London Heathrow Airport£30.7M
MAIN DESTINATION (November 2024)United States£24.5M

This section shows Low-voltage Protection Equipment'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 Low-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.49B
IMPORTS (2023)$2.92B
NET TRADE (2023)-$1.44B

In 2023, United Kingdom exported $1.49B in Low-voltage Protection Equipment. The main destinations of United Kingdom exports on Low-voltage Protection Equipment were United States ($199M), Germany ($188M), France ($116M), Ireland ($73.9M), and Netherlands ($71.3M).

In 2023, United Kingdom imported $2.92B in Low-voltage Protection Equipment, mainly from China ($826M), United States ($394M), Germany ($331M), France ($199M), and Italy ($120M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
France$28.3M (32.1%)
Italy$14.1M (36.7%)
Saudi Arabia$13.5M (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY United Kingdom WERE (2022 - 2023):
China-$22.8M (-27.5%)
Germany-$17.4M (-8.46%)
Netherlands-$11.5M (-13.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Low-voltage Protection Equipment were:
In 2023, United Kingdom's main importing competitors in Low-voltage Protection Equipment were:

Explore Visualizations

Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $109M
TOP IMPORT POTENTIALGermany+ $168M

Low-voltage Protection Equipment’s highest export potential is United States. With an export gap of $109M.   Low-voltage Protection Equipment’s highest import potential is Germany with an import gap of $168M.

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