Drafting Tools in United Kingdom 2021 Exports | Imports : $67.1M | $74.2M, World Rnk 7 / 196 Rnk 484 / 1216 | World Rnk 8 / 219 Rnk 645 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.59M | $11.3M, United States | China
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Drafting Tools: 1.84, Rnk 14 / 1029
Exports In 2021, United Kingdom exported $67.1M in Drafting Tools, making it the 7th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 484th most exported product in United Kingdom. The main destination of Drafting Tools exports from United Kingdom are: United States ($10.8M), Germany ($8.43M), Ireland ($3.94M), Austria ($3.48M), and France ($3.24M).
The fastest growing export markets for Drafting Tools of United Kingdom between 2020 and 2021 were United States ($2.59M), Netherlands ($1.07M), and Morocco ($1.07M).
Imports In 2021, United Kingdom imported $74.2M in Drafting Tools, becoming the 8th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 645th most imported product in United Kingdom. United Kingdom imports Drafting Tools primarily from: China ($31.1M), Thailand ($11.5M), United States ($7.21M), Germany ($6.58M), and Netherlands ($3.55M).
The fastest growing import markets in Drafting Tools for United Kingdom between 2020 and 2021 were China ($11.3M), Thailand ($5.81M), and India ($675k).
January 2023
Overview In January 2023 United Kingdom's Drafting Tools exports accounted up to £3.59M and imports accounted up to £4.24M, resulting in a negative trade balance of £643k. Between January 2022 and January 2023 the exports of United Kingdom's Drafting Tools have increased by £712k (24.7%) from £2.88M to £3.59M, while imports decreased by £-1.01M (-19.2%) from £5.24M to £4.24M.
Destinations In January 2023, Drafting Tools were exported mostly to United States (£705k), Ireland (£410k), Germany (£337k), Singapore (£216k), and United Arab Emirates (£206k), and were imported mostly from China (£1.27M), Germany (£481k), United States (£465k), Netherlands (£405k), and France (£396k).
Growth In January 2023, the increase in Drafting Tools's year-by-year exports was explained primarily by an increase in exports to Germany (£240k or 155%), Singapore (£209k or 174%), and France (£134k or 166%). In January 2023, the decrease in Drafting Tools's year-by-year imports was explained primarily by a decrease in imports from United States (£-275k or -46.4%), Germany (£-99.8k or -16.1%), and Poland (£-44.3k or -87.8%).
EXPORT GROWTH (January 2022 - January 2023): £712k, (24.7%)
IMPORT GROWTH (January 2022 - January 2023): £-1.01M, (-19.2%)
MAIN EXPORTER (January 2023): East Midlands Airport, £1.36M
MAIN DESTINATION (January 2023): United States, £705k
This section shows Drafting Tools'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 Drafting Tools over time.
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EXPORTS (2021): $67.1M
IMPORTS (2021): $74.2M
NET TRADE (2021): -$7.04M
In 2021, United Kingdom exported $67.1M in Drafting Tools. The main destinations of United Kingdom exports on Drafting Tools were United States ($10.8M), Germany ($8.43M), Ireland ($3.94M), Austria ($3.48M), and France ($3.24M).
In 2021, United Kingdom imported $74.2M in Drafting Tools, mainly from China ($31.1M), Thailand ($11.5M), United States ($7.21M), Germany ($6.58M), and Netherlands ($3.55M).
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Drafting Tools were:
In 2021, United Kingdom's main importing competitors in Drafting Tools were:
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