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2022
Exports $30.9MWorld Rnk 28 / 182
Flag Rnk 646 / 1216
2022
Destination $911k United States
2021 - 2022
FASTEST GROWING MARKET $911kNetherlands
2022
PRODUCT COMPLEXITY IN Radio Receivers0.42Rnk 398 / 1025
2022
Imports $205MWorld Rnk 11 / 214
Flag Rnk 442 / 1214
2022
Origin $9.8M China
2021 - 2022
FASTEST GROWING ORIGIN $9.8MVietnam
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $30.9M in Radio Receivers, making it the 28th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 646th most exported product in United Kingdom. The main destination of Radio Receivers exports from United Kingdom are: United States ($8.63M), Germany ($3.68M), Ireland ($2.66M), Netherlands ($2.38M), and Switzerland ($1.31M).

The fastest growing export markets for Radio Receivers of United Kingdom between 2021 and 2022 were Netherlands ($911k), China ($573k), and Spain ($368k).

Imports In 2022, United Kingdom imported $205M in Radio Receivers, becoming the 11th largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 442nd most imported product in United Kingdom. United Kingdom imports Radio Receivers primarily from: China ($100M), United States ($18.7M), Germany ($13.7M), Chinese Taipei ($12.2M), and Hungary ($12M).

The fastest growing import markets in Radio Receivers for United Kingdom between 2021 and 2022 were Vietnam ($9.8M), Malaysia ($2.09M), and Indonesia ($1.85M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Radio Receivers exports accounted up to £2.5M and imports accounted up to £11.2M, resulting in a negative trade balance of £8.7M. Between June 2023 and June 2024 the exports of United Kingdom's   Radio Receivers have increased by £786k (45.8%) from £1.71M to £2.5M, while imports increased by £1.4M (14.3%) from £9.81M to £11.2M.

Destinations In June 2024, Radio Receivers were exported mostly to United States (£1.58M), Ireland (£187k), Netherlands (£129k), Germany (£92.2k), and Japan (£68.5k), and were imported mostly from China (£4.58M), United States (£3.19M), Netherlands (£1.03M), Belgium (£364k), and Hungary (£359k).

Growth In June 2024, the increase in Radio Receivers's year-by-year exports was explained primarily by an increase in exports to United States (£408k or 201%), Germany (£70k or 42.7%), and Ireland (£55.6k or 78.7%). In June 2024, the increase in Radio Receivers's year-by-year imports was explained primarily by an increase in imports from United States (£453k or 131%), Malaysia (£337k or 110%), and France (£85.8k or 79%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£786k(45.8%)
IMPORT GROWTH (June 2023 - June 2024)£1.4M(14.3%)
MAIN EXPORTER (June 2024)London Stansted Airport£2.41M
MAIN DESTINATION (June 2024)United States£1.58M

This section shows Radio Receivers'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 Radio Receivers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.9M
IMPORTS (2022)$205M
NET TRADE (2022)-$174M

In 2022, United Kingdom exported $30.9M in Radio Receivers. The main destinations of United Kingdom exports on Radio Receivers were United States ($8.63M), Germany ($3.68M), Ireland ($2.66M), Netherlands ($2.38M), and Switzerland ($1.31M).

In 2022, United Kingdom imported $205M in Radio Receivers, mainly from China ($100M), United States ($18.7M), Germany ($13.7M), Chinese Taipei ($12.2M), and Hungary ($12M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$911k (62.2%)
China$573k (536%)
Spain$368k (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY United Kingdom WERE (2021 - 2022):
Singapore-$2M (-82%)
Japan-$1.11M (-77.7%)
France-$978k (-45%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Radio Receivers were:
China $4.02B
Mexico $1.85B
Thailand $778M
In 2022, United Kingdom's main importing competitors in Radio Receivers were:
United States $3.5B
Germany $858M
Mexico $638M

Explore Visualizations

Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.96M
TOP IMPORT POTENTIALChina+ $15.6M

Radio Receivers’s highest export potential is United States. With an export gap of $2.96M.   Radio Receivers’s highest import potential is China with an import gap of $15.6M.

See methodology.

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