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Gas, liquid or electricity supply or production meters, including calibrating meters therefor

9028 (Harmonized System 1992 for 4-digit)

2022
World Trade $8.98BRnk 412 / 1218
2022
Top Exporter | Top Importer $2.4B | $1.49BChina | United States
2022
Product Complexity 0.45Rnk 398 / 1033
2021 - 2022
Export Growth (CAGR) 8.32%Rnk 469 / 1218
2022
Share of World Trade 0.038%Rnk 412 / 1218

About

Overview This page contains the latest trade data of Utility Meters. In 2022, Utility Meters were the world's 412th most traded product, with a total trade of $8.98B. Between 2021 and 2022 the exports of Utility Meters grew by 8.32%, from $8.29B to $8.98B. Trade in Utility Meters represent 0.038% 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 2022 the top exporters of Utility Meters  were China ($2.4B), Mexico ($1.11B), United States ($506M), Germany ($494M), and Italy ($436M).

Imports In 2022 the top importers of Utility Meters were United States ($1.49B), France ($505M), Mexico ($431M), Italy ($430M), and Germany ($426M).

Ranking Utility Meters ranks 398th 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.

Latest Trends

Latest Data

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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.

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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 (2022)China$2.4B
Top Destination (2022)United States$1.49B

In 2022 Utility Meters were the world's 412th most traded product (out of 1,218).

In 2022, the top exporters of Utility Meters were China ($2.4B), Mexico ($1.11B), United States ($506M), Germany ($494M), and Italy ($436M).

In 2022, the top importers of Utility Meters were United States ($1.49B), France ($505M), Mexico ($431M), Italy ($430M), and Germany ($426M).

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Exporters of Utility Meters (2022)
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Importers of Utility Meters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$278M
Top Destination Growth (2021 -  2022)United States$256M

Between 2021 and 2022, the exports of Utility Meters grew the fastest in China ($278M), Mexico ($170M), Tunisia ($102M), Vietnam ($42.4M), and France ($41.4M).

Between 2021 and 2022, the fastest growing importers of Utility Meters were United States ($256M), Mexico ($73.4M), Sweden ($58.2M), Australia ($45.6M), and Ireland ($44.6M).

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Exporters of Utility Meters (2021 - 2022)

Importers of Utility Meters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Utility Meters.

In 2022, market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Utility Meters are explained by 19 countries.

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Value of Exports in Utility Meters

Net Trade

TOP NET EXPORTER (2022)China$2.27B
TOP NET IMPORTER (2022)United States$979M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Utility Meters were China ($2.27B), Mexico ($678M), Tunisia ($319M), Vietnam ($153M), and Malaysia ($133M).

In 2022, the countries that had a largest trade value in imports than in exports of Utility Meters were United States ($979M), United Kingdom ($262M), Sweden ($171M), Australia ($153M), and Austria ($133M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Utility Meters, disaggragated by their HS6 level were Electricity supply, production and calibrating meters ($3.93B), Parts, accessories for gas, liquid, electricity... ($2.74B), Liquid supply, production and calibrating meters ($1.5B), and Gas supply/production/calibration meters ($822M)

HS6 Disaggregation for Utility Meters (2022)
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Country Comparison

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Ranking

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.

Top 10 Exporters Countries of Utility Meters by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $4.67M
TOP IMPORT POTENTIALChina+ $18.3M

Utility Meters’s highest export potential is Canada. With an export gap of $4.67M.  Utility Meters’s highest import potential is China with an import gap of $18.3M.

See methodology.

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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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Utility Meters.

Country by Relatedness

The following visualization shows the relatedness of Utility Meters to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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