2023
Exports
$79.1MWorld Rnk 26 / 181
Flag Rnk 431 / 1216
2023
PRODUCT COMPLEXITY IN Utility Meters
0.08Rnk 527 / 1025
2023
Imports
$411MWorld Rnk 6 / 222
Flag Rnk 280 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $79.1M in Utility Meters, making it the 26th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 431st most exported product in United Kingdom. The main destination of Utility Meters exports from United Kingdom are: Greece ($8.95M), France ($8.02M), Slovakia ($7.38M), Ireland ($6.47M), and Tunisia ($5.38M).

The fastest growing export markets for Utility Meters of United Kingdom between 2022 and 2023 were Slovakia ($4.22M), France ($2.47M), and India ($2.02M).

Imports In 2023, United Kingdom imported $411M in Utility Meters, becoming the 6th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 280th most imported product in United Kingdom. United Kingdom imports Utility Meters primarily from: China ($89.7M), Greece ($69.3M), Germany ($42.5M), France ($35.6M), and India ($31.4M).

The fastest growing import markets in Utility Meters for United Kingdom between 2022 and 2023 were Greece ($39.2M), Germany ($9.61M), and France ($5.96M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£1.07M(18.6%)
IMPORT GROWTH (November 2023 - November 2024)£-7.56M(-26%)
MAIN EXPORTER (November 2024)London Heathrow Airport£3.2M
MAIN DESTINATION (November 2024)United States£1.47M

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.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$79.1M
IMPORTS (2023)$411M
NET TRADE (2023)-$332M

In 2023, United Kingdom exported $79.1M in Utility Meters. The main destinations of United Kingdom exports on Utility Meters were Greece ($8.95M), France ($8.02M), Slovakia ($7.38M), Ireland ($6.47M), and Tunisia ($5.38M).

In 2023, United Kingdom imported $411M in Utility Meters, mainly from China ($89.7M), Greece ($69.3M), Germany ($42.5M), France ($35.6M), and India ($31.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Slovakia$4.22M (134%)
France$2.47M (44.4%)
India$2.02M (276%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY United Kingdom WERE (2022 - 2023):
Greece-$5.51M (-38.1%)
United States-$3.42M (-53.9%)
Netherlands-$3.16M (-61.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Utility Meters were:
In 2023, United Kingdom's main importing competitors in Utility Meters were:

Explore Visualizations

Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.91M
TOP IMPORT POTENTIALChina+ $17.8M

Utility Meters’s highest export potential is United States. With an export gap of $5.91M.   Utility Meters’s highest import potential is China with an import gap of $17.8M.

See methodology.

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