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2022
Exports $614MWorld Rnk 8 / 212
Flag Rnk 126 / 1216
2022
Destination $7.68M United States
2021 - 2022
FASTEST GROWING MARKET $7.68MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Audio Alarms0.59Rnk 325 / 1025
2022
Imports $1.02BWorld Rnk 4 / 224
Flag Rnk 128 / 1214
2022
Origin $92.2M China
2021 - 2022
FASTEST GROWING ORIGIN $92.2MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $614M in Audio Alarms, making it the 8th largest exporter of Audio Alarms in the world. At the same year, Audio Alarms was the 126th most exported product in United Kingdom. The main destination of Audio Alarms exports from United Kingdom are: United States ($80.8M), Netherlands ($55.8M), Germany ($46M), Ireland ($40.6M), and United Arab Emirates ($32M).

The fastest growing export markets for Audio Alarms of United Kingdom between 2021 and 2022 were United Kingdom ($7.68M), Ireland ($7.05M), and United States ($6.86M).

Imports In 2022, United Kingdom imported $1.02B in Audio Alarms, becoming the 4th largest importer of Audio Alarms in the world. At the same year, Audio Alarms was the 128th most imported product in United Kingdom. United Kingdom imports Audio Alarms primarily from: China ($276M), Ireland ($239M), United States ($113M), Netherlands ($39.3M), and Germany ($37.4M).

The fastest growing import markets in Audio Alarms for United Kingdom between 2021 and 2022 were China ($92.2M), Ireland ($22.9M), and United States ($21.8M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Audio Alarms exports accounted up to £58.5M and imports accounted up to £67.6M, resulting in a negative trade balance of £9.05M. Between June 2023 and June 2024 the exports of United Kingdom's   Audio Alarms have increased by £9.35M (19%) from £49.1M to £58.5M, while imports decreased by £-1.4M (-2.03%) from £68.9M to £67.6M.

Destinations In June 2024, Audio Alarms were exported mostly to United States (£6.51M), Germany (£5.81M), Netherlands (£5.72M), France (£5.6M), and Ireland (£3.35M), and were imported mostly from Ireland (£14.5M), China (£10.8M), United States (£7.97M), Germany (£6.65M), and France (£4.25M).

Growth In June 2024, the increase in Audio Alarms's year-by-year exports was explained primarily by an increase in exports to Germany (£1.47M or 54.8%), Netherlands (£1.29M or 51.6%), and France (£734k or 37.1%). In June 2024, the decrease in Audio Alarms's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-3.27M or -55.1%), Singapore (£-566k or -46%), and Portugal (£-364k or -86%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£9.35M(19%)
IMPORT GROWTH (June 2023 - June 2024)£-1.4M(-2.03%)
MAIN EXPORTER (June 2024)London Heathrow Airport£17.3M
MAIN DESTINATION (June 2024)United States£6.51M

This section shows Audio Alarms'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 Audio Alarms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$614M
IMPORTS (2022)$1.02B
NET TRADE (2022)-$407M

In 2022, United Kingdom exported $614M in Audio Alarms. The main destinations of United Kingdom exports on Audio Alarms were United States ($80.8M), Netherlands ($55.8M), Germany ($46M), Ireland ($40.6M), and United Arab Emirates ($32M).

In 2022, United Kingdom imported $1.02B in Audio Alarms, mainly from China ($276M), Ireland ($239M), United States ($113M), Netherlands ($39.3M), and Germany ($37.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio Alarms EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$7.68M (92.2%)
Ireland$7.05M (21%)
United States$6.86M (9.28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio Alarms BY United Kingdom WERE (2021 - 2022):
France-$17.1M (-38.8%)
Germany-$10.2M (-18.1%)
Netherlands-$6.33M (-10.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Audio Alarms were:
China $6.66B
United States $1.71B
Germany $1.12B
In 2022, United Kingdom's main importing competitors in Audio Alarms were:
United States $3.33B
Germany $1.58B
Netherlands $1.09B

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Trade Value of Audio Alarms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.6M
TOP IMPORT POTENTIALChina+ $41M

Audio Alarms’s highest export potential is United States. With an export gap of $29.6M.   Audio Alarms’s highest import potential is China with an import gap of $41M.

See methodology.

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