Buses in United Kingdom 2021 Exports | Imports : $135M | $134M, World Rnk 16 / 149 Rnk 335 / 1216 | World Rnk 28 / 213 Rnk 524 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $52.5M | $30.3M, Ireland | China
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Buses: 0.24, Rnk 470 / 1029
Exports In 2021, United Kingdom exported $135M in Buses, making it the 16th largest exporter of Buses in the world. At the same year, Buses was the 335th most exported product in United Kingdom. The main destination of Buses exports from United Kingdom are: Ireland ($104M), Portugal ($6.76M), Spain ($5.72M), Turkey ($2.07M), and United States ($1.8M).
The fastest growing export markets for Buses of United Kingdom between 2020 and 2021 were Ireland ($52.5M), Portugal ($6.61M), and Spain ($5.63M).
Imports In 2021, United Kingdom imported $134M in Buses, becoming the 28th largest importer of Buses in the world. At the same year, Buses was the 524th most imported product in United Kingdom. United Kingdom imports Buses primarily from: China ($47M), Turkey ($26M), Portugal ($15.6M), Spain ($10.1M), and Germany ($7.55M).
The fastest growing import markets in Buses for United Kingdom between 2020 and 2021 were China ($30.3M), Egypt ($1.14M), and France ($396k).
January 2023
Overview In January 2023 United Kingdom's Buses exports accounted up to £15.9M and imports accounted up to £38.3M, resulting in a negative trade balance of £22.3M. Between January 2022 and January 2023 the exports of United Kingdom's Buses have increased by £5.66M (55.2%) from £10.3M to £15.9M, while imports increased by £32M (508%) from £6.29M to £38.3M.
Destinations In January 2023, Buses were exported mostly to Ireland (£10.1M), Germany (£3.15M), Sweden (£1.33M), Turkey (£529k), and Cyprus (£494k), and were imported mostly from China (£21.3M), Egypt (£4.62M), Portugal (£4.01M), Hong Kong (£2.18M), and Turkey (£2.09M).
Growth In January 2023, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Ireland (£8.19M or 22.6k%), Netherlands (£425k or 16.1k%), and Tanzania (£71.7k or 281%). In January 2023, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from Turkey (£2.6M or 458%), Germany (£932k or 32.7k%), and Spain (£296k or 92.8%).
EXPORT GROWTH (January 2022 - January 2023): £5.66M, (55.2%)
IMPORT GROWTH (January 2022 - January 2023): £32M, (508%)
MAIN EXPORTER (January 2023): Liverpool, £6.44M
MAIN DESTINATION (January 2023): Ireland, £10.1M
This section shows Buses'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 Buses over time.
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EXPORTS (2021): $135M
IMPORTS (2021): $134M
NET TRADE (2021): $932k
In 2021, United Kingdom exported $135M in Buses. The main destinations of United Kingdom exports on Buses were Ireland ($104M), Portugal ($6.76M), Spain ($5.72M), Turkey ($2.07M), and United States ($1.8M).
In 2021, United Kingdom imported $134M in Buses, mainly from China ($47M), Turkey ($26M), Portugal ($15.6M), Spain ($10.1M), and Germany ($7.55M).
THE FASTEST GROWING Buses EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Buses were:
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