Low-voltage Protection Equipment in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $1.72B in Low-voltage Protection Equipment, making it the 15th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 43rd most exported product in United Kingdom. The main destination of Low-voltage Protection Equipment exports from United Kingdom are: United States ($252M), Germany ($249M), France ($105M), Netherlands ($87.2M), and Ireland ($86.2M).

The fastest growing export markets for Low-voltage Protection Equipment of United Kingdom between 2021 and 2022 were Germany ($59.4M), United States ($32.8M), and United Kingdom ($12.9M).

Imports In 2022, United Kingdom imported $2.73B in Low-voltage Protection Equipment, becoming the 11th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 47th most imported product in United Kingdom. United Kingdom imports Low-voltage Protection Equipment primarily from: China ($796M), Germany ($440M), United States ($242M), France ($232M), and Italy ($96.8M).

The fastest growing import markets in Low-voltage Protection Equipment for United Kingdom between 2021 and 2022 were China ($73.5M), Mexico ($22.7M), and United States ($20.8M).

COMPANIES In 2023, leading companies such as JCB MANUFACTURING INC (12) and ZF FRIEDRICHSHAFEN AG (2) were at the forefront of shipping Low-voltage Protection Equipment from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Low-voltage Protection Equipment exports accounted up to £121M and imports accounted up to £190M, resulting in a negative trade balance of £68.4M. Between February 2023 and February 2024 the exports of United Kingdom's Low-voltage Protection Equipment have decreased by £-5.35M (-4.22%) from £127M to £121M, while imports decreased by £-56.9M (-23.1%) from £247M to £190M.

Destinations In February 2024, Low-voltage Protection Equipment were exported mostly to United States (£17.2M), Germany (£16.2M), France (£9.14M), Ireland (£6.06M), and Netherlands (£5.51M), and were imported mostly from China (£39.4M), United States (£28.1M), Germany (£27.7M), France (£23.2M), and Netherlands (£9.41M).

Growth In February 2024, the decrease in Low-voltage Protection Equipment's year-by-year exports was explained primarily by a decrease in exports to South Africa (£-9.2M or -94.3%), China (£-7.43M or -66%), and United States (£-1.49M or -8.85%). In February 2024, the decrease in Low-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany (£-5.58M or -15.8%), China (£-5.44M or -10.2%), and Hong Kong (£-5.19M or -58.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-5.35M(-4.22%)

IMPORT GROWTH (February 2023 - February 2024)£-56.9M(-23.1%)

MAIN EXPORTER (February 2024)East Midlands Airport£28.8M

MAIN DESTINATION (February 2024)United States£17.2M

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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