Overview: In August 2020 United Kingdom's Gas Turbines exports accounted up to £958M and imports accounted up to £534M, resulting in a positive trade balance of £423M. Between August 2019 and August 2020 the exports of United Kingdom's Gas Turbines have decreased by £-855M (-47.2%) from £1.81B to £958M, while imports decreased by £-878M (-62.2%) from £1.41B to £534M.
Destinations: In August 2020 Gas Turbines exported mostly to United States (£116M), Singapore (£114M), Hong Kong (£108M), United Arab Emirates (£102M), and South Korea (£64.9M), and imported mostly from United States (£226M), Singapore (£65.3M), Ethiopia (£46.1M), Hong Kong (£28.7M), and China (£22.3M).
Growth: In August 2020, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to United States (£-235M or -66.9%), Hong Kong (£-101M or -48.5%), and Singapore (£-97.2M or -46%). In August 2020, the decrease in Gas Turbines's year-by-year imports was explained primarily by a decrease in imports from United States (£-343M or -60.3%), United Arab Emirates (£-95.4M or -92.9%), and France (£-50.9M or -77.9%).