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2022
Exports $182MWorld Rnk 17 / 198
Flag Rnk 295 / 1216
2022
Destination $2.46M Germany
2021 - 2022
FASTEST GROWING MARKET $2.46MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Electrical Resistors0.88Rnk 215 / 1025
2022
Imports $207MWorld Rnk 16 / 214
Flag Rnk 440 / 1214
2022
Origin $11.4M United States
2021 - 2022
FASTEST GROWING ORIGIN $11.4MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $182M in Electrical Resistors, making it the 17th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 295th most exported product in United Kingdom. The main destination of Electrical Resistors exports from United Kingdom are: Germany ($37M), United States ($22.2M), India ($15.1M), China ($10.5M), and France ($10.2M).

The fastest growing export markets for Electrical Resistors of United Kingdom between 2021 and 2022 were United Kingdom ($2.46M), Hong Kong ($1.84M), and Netherlands ($1.78M).

Imports In 2022, United Kingdom imported $207M in Electrical Resistors, becoming the 16th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 440th most imported product in United Kingdom. United Kingdom imports Electrical Resistors primarily from: United States ($28.6M), China ($24.1M), Germany ($21.2M), Chinese Taipei ($14.9M), and Mexico ($14.2M).

The fastest growing import markets in Electrical Resistors for United Kingdom between 2021 and 2022 were China ($11.4M), Chinese Taipei ($5.82M), and France ($5.78M).

COMPANIES In 2023, leading companies such as Amazon (1) and Telamon (1) were at the forefront of shipping Electrical Resistors from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Electrical Resistors exports accounted up to £13.7M and imports accounted up to £10.5M, resulting in a positive trade balance of £3.15M. Between June 2023 and June 2024 the exports of United Kingdom's   Electrical Resistors have decreased by £-1.29M (-8.64%) from £15M to £13.7M, while imports decreased by £-4.68M (-30.8%) from £15.2M to £10.5M.

Destinations In June 2024, Electrical Resistors were exported mostly to India (£1.74M), United States (£1.61M), Germany (£1.58M), Singapore (£1.39M), and China (£1.13M), and were imported mostly from United States (£2.63M), Germany (£2.02M), Netherlands (£741k), Japan (£638k), and France (£593k).

Growth In June 2024, the decrease in Electrical Resistors's year-by-year exports was explained primarily by a decrease in exports to China (£-316k or -39.7%), Luxembourg (£-133k or -66.1%), and Chinese Taipei (£-129k or -78.1%). In June 2024, the decrease in Electrical Resistors's year-by-year imports was explained primarily by a decrease in imports from Thailand (£-539k or -35.5%), Germany (£-433k or -15.4%), and Italy (£-254k or -78.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-1.29M(-8.64%)
IMPORT GROWTH (June 2023 - June 2024)£-4.68M(-30.8%)
MAIN EXPORTER (June 2024)East Midlands Airport£5.38M
MAIN DESTINATION (June 2024)India£1.74M

This section shows Electrical Resistors'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 Electrical Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$182M
IMPORTS (2022)$207M
NET TRADE (2022)-$25M

In 2022, United Kingdom exported $182M in Electrical Resistors. The main destinations of United Kingdom exports on Electrical Resistors were Germany ($37M), United States ($22.2M), India ($15.1M), China ($10.5M), and France ($10.2M).

In 2022, United Kingdom imported $207M in Electrical Resistors, mainly from United States ($28.6M), China ($24.1M), Germany ($21.2M), Chinese Taipei ($14.9M), and Mexico ($14.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$2.46M (194%)
Hong Kong$1.84M (37.4%)
Netherlands$1.78M (24.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY United Kingdom WERE (2021 - 2022):
China-$6M (-36.4%)
South Korea-$5.07M (-72%)
Germany-$4.32M (-10.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, United Kingdom's main importing competitors in Electrical Resistors were:
China $2.95B
Hong Kong $1.53B
United States $1.27B

Explore Visualizations

Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $16.6M

Electrical Resistors’s highest export potential is N/A. With an export gap of N/A.   Electrical Resistors’s highest import potential is China with an import gap of $16.6M.

See methodology.

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