Large Construction Vehicles in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $2.45B in Large Construction Vehicles, making it the 7th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 30th most exported product in United Kingdom. The main destination of Large Construction Vehicles exports from United Kingdom are: United States ($451M), Germany ($192M), Ireland ($165M), France ($138M), and Poland ($130M).

The fastest growing export markets for Large Construction Vehicles of United Kingdom between 2021 and 2022 were United States ($75.6M), Japan ($17.9M), and Turkey ($15.4M).

Imports In 2022, United Kingdom imported $1.98B in Large Construction Vehicles, becoming the 9th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 70th most imported product in United Kingdom. United Kingdom imports Large Construction Vehicles primarily from: Japan ($404M), China ($250M), Netherlands ($242M), Germany ($209M), and South Korea ($141M).

The fastest growing import markets in Large Construction Vehicles for United Kingdom between 2021 and 2022 were China ($131M), Sweden ($51.2M), and Hong Kong ($24.1M).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (460) and CUMMINS ROCKY MOUNT ENGINE PLANT (6) were at the forefront of shipping Large Construction Vehicles from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Large Construction Vehicles exports accounted up to £147M and imports accounted up to £98.5M, resulting in a positive trade balance of £48.7M. Between January 2023 and January 2024 the exports of United Kingdom's Large Construction Vehicles have decreased by £-32M (-17.9%) from £179M to £147M, while imports decreased by £-38.2M (-27.9%) from £137M to £98.5M.

Destinations In January 2024, Large Construction Vehicles were exported mostly to United States (£37.9M), Poland (£13.3M), Ireland (£10.9M), Germany (£10.4M), and Belgium (£6.95M), and were imported mostly from Netherlands (£21.6M), Belgium (£17.6M), Germany (£16.7M), Japan (£14.6M), and South Korea (£4.34M).

Growth In January 2024, the decrease in Large Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Finland (£-1.29M or -55%), Ukraine (£-1.22M or -53.9%), and Netherlands (£-786k or -11.1%). In January 2024, the decrease in Large Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from Germany (£-5.19M or -27.4%), Switzerland (£-3.17M or -77.3%), and Austria (£-1.16M or -75.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-32M(-17.9%)

IMPORT GROWTH (January 2023 - January 2024)£-38.2M(-27.9%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£39.4M

MAIN DESTINATION (January 2024)United States£37.9M

This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.

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