Overview: In May 2020 United Kingdom's Gas Turbines exports accounted up to £1.27B and imports accounted up to £545M, resulting in a positive trade balance of £723M. Between May 2019 and May 2020 the exports of United Kingdom's Gas Turbines have decreased by £-535M (-29.7%) from £1.8B to £1.27B, while imports decreased by £-942M (-63.3%) from £1.49B to £545M.
Destinations: In May 2020 Gas Turbines exported mostly to Singapore (£269M), Qatar (£215M), United States (£170M), Hong Kong (£123M), and France (£82.4M), and imported mostly from United States (£251M), Singapore (£60.5M), Italy (£24.1M), Australia (£23.9M), and Japan (£21.7M).
Growth: In May 2020, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to United States (£-124M or -42%), United Arab Emirates (£-109M or -64.4%), and Japan (£-68.8M or -65.3%). In May 2020, the decrease in Gas Turbines's year-by-year imports was explained primarily by a decrease in imports from United States (£-374M or -59.9%), Netherlands (£-74.6M or -86.2%), and United Arab Emirates (£-74.5M or -97.8%).