Drafting Tools in United Kingdom

EXPORTS (2018): $74.3M, World Rnk 7 / 137
Flag Rnk 509 / 1215

TOP DESTINATION (2018): $10.6M, United States

FASTEST GROWING MARKET (2017 - 2018): $2.44M, United States

IMPORTS (2018): $71.3M, World Rnk 7 / 204
Flag Rnk 670 / 1212

TOP ORIGIN (2018): $19.9M, China

FASTEST GROWING ORIGIN (2017 - 2018): $9.63M, United States

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

Overview: This page contains the latest trade data of Drafting Tools in United Kingdom.

Exports: In 2018, United Kingdom exported $74.3M in Drafting Tools, making it the 7th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 509th most exported product in United Kingdom. The main destination of Drafting Tools exports from United Kingdom are: United States ($10.6M), Germany ($8.89M), Ireland ($4.27M), France ($3.94M), and Singapore ($3.66M).

The fastest growing export markets for Drafting Tools of United Kingdom between 2017 and 2018 were United States ($2.44M), Germany ($2.05M), and France ($1.11M).

Imports: In 2018, United Kingdom imported $71.3M in Drafting Tools, becoming the 7th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 670th most imported product in United Kingdom. United Kingdom imports Drafting Tools primarily from: China ($19.9M), United States ($15.2M), Netherlands ($6.58M), Germany ($6.53M), and Thailand ($5.86M).

The fastest growing import markets in Drafting Tools for United Kingdom between 2017 and 2018 were United States ($9.63M), Thailand ($2.46M), and Netherlands ($1.86M).

Overview: In August 2020 United Kingdom's Drafting Tools exports accounted up to £3.3M and imports accounted up to £3.15M, resulting in a positive trade balance of £144k. Between August 2019 and August 2020 the exports of United Kingdom's   Drafting Tools have decreased by £-638k (-16.2%) from £3.93M to £3.3M, while imports decreased by £-765k (-19.5%) from £3.92M to £3.15M.

Destinations: In August 2020 Drafting Tools exported mostly to Germany (£554k), United States (£397k), Ireland (£243k), Austria (£220k), and France (£189k), and imported mostly from China (£1.04M), Germany (£378k), United States (£330k), Netherlands (£265k), and Thailand (£186k).

Growth: In August 2020, the decrease in Drafting Tools's year-by-year exports was explained primarily by a decrease in exports to United States (£-364k or -47.9%), Singapore (£-107k or -62.3%), and Ireland (£-102k or -29.6%). In August 2020, the decrease in Drafting Tools's year-by-year imports was explained primarily by a decrease in imports from Thailand (£-354k or -65.6%), United States (£-214k or -39.4%), and China (£-157k or -13.1%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): £-638k, (-16.2%)

IMPORT GROWTH (August 2019 - August 2020): £-765k, (-19.5%)

MAIN EXPORTER (August 2020): East Midlands Airport, £665k

MAIN DESTINATION (August 2020): Germany, £554k

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.

Value

EXPORTS (2018): $74.3M

IMPORTS (2018): $71.3M

NET TRADE (2018): $3M

In 2018, United Kingdom exported $74.3M in Drafting Tools. The main destinations of United Kingdom exports on Drafting Tools were United States ($10.6M), Germany ($8.89M), Ireland ($4.27M), France ($3.94M), and Singapore ($3.66M).

In 2018, United Kingdom imported $71.3M in Drafting Tools, mainly from China ($19.9M), United States ($15.2M), Netherlands ($6.58M), Germany ($6.53M), and Thailand ($5.86M).

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IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Drafting Tools WITH:

  • Singapore, $3.59M ($3.66M - $72k)
  • Ireland, $3.44M ($4.27M - $832k)
  • Austria, $2.97M ($3.29M - $321k)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Drafting Tools WITH:

  • China, -$18.6M ($1.3M - $19.9M)
  • Netherlands, -$5.44M ($1.15M - $6.58M)
  • Thailand, -$5.36M ($498k - $5.86M)
Flow

THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY United Kingdom WERE (2017 - 2018):

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Market Concentration

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In 2018, United Kingdom's main exporting competitors in Drafting Tools were:

In 2018, United Kingdom's main importing competitors in Drafting Tools were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Drafting Tools in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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