Drafting Tools in 
United Kingdom
2020 Exports | Imports : $63.5M | $64M, World Rnk 7 / 182 Rnk 500 / 1216 | World Rnk 8 / 217 Rnk 656 / 1213
The fastest growing export markets for Drafting Tools of United Kingdom between 2019 and 2020 were Algeria ($725k), Russia ($334k), and Denmark ($299k).
Imports In 2020, United Kingdom imported $64M in Drafting Tools, becoming the 8th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 656th most imported product in United Kingdom. United Kingdom imports Drafting Tools primarily from: China ($19.8M), United States ($9.56M), Netherlands ($8.62M), Germany ($6.55M), and Thailand ($5.69M).
Latest Trends
#permalink to sectionMay 2022
Overview In May 2022 United Kingdom's Drafting Tools exports accounted up to £3.76M and imports accounted up to £5.65M, resulting in a negative trade balance of £1.89M. Between May 2021 and May 2022 the exports of United Kingdom's Drafting Tools have decreased by £-526k (-12.3%) from £4.29M to £3.76M, while imports increased by £1.33M (30.9%) from £4.32M to £5.65M.
Destinations In May 2022, Drafting Tools were exported mostly to United States (£515k), Germany (£411k), Ireland (£267k), Saudi Arabia (£231k), and United Arab Emirates (£228k), and were imported mostly from China (£1.4M), Thailand (£1.15M), Germany (£881k), United States (£445k), and Netherlands (£440k).
Growth In May 2022, the decrease in Drafting Tools's year-by-year exports was explained primarily by a decrease in exports to Germany (£-433k or -73.7%), France (£-212k or -72.5%), and United States (£-194k or -30%). In May 2022, the increase in Drafting Tools's year-by-year imports was explained primarily by an increase in imports from Germany (£228k or 58.2%), United States (£110k or 22.7%), and France (£9.99k or 9.27%).
Subnational Monthly Trade
#permalink to sectionEXPORT GROWTH (May 2021 - May 2022): £-526k, (-12.3%)
IMPORT GROWTH (May 2021 - May 2022): £1.33M, (30.9%)
MAIN EXPORTER (May 2022): East Midlands Airport, £1.4M
MAIN DESTINATION (May 2022): United States, £515k
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.
For full datasets download visit Bulk Download page.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2020): $63.5M
IMPORTS (2020): $64M
NET TRADE (2020): -$508k
In 2020, United Kingdom imported $64M in Drafting Tools, mainly from China ($19.8M), United States ($9.56M), Netherlands ($8.62M), Germany ($6.55M), and Thailand ($5.69M).
Net Trade
#permalink to sectionIN 2020, United Kingdom HAD A POSITIVE NET TRADE IN Drafting Tools WITH:
IN 2020, United Kingdom HAD A NEGATIVE NET TRADE IN Drafting Tools WITH:
- China , -$18.9M ($880k - $19.8M)
- Netherlands , -$7.87M ($751k - $8.62M)
- Thailand , -$5.44M ($251k - $5.69M)
Market Growth
#permalink to sectionTHE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY United Kingdom WERE (2019 - 2020):
- Australia, -$3.79M (-82.5%)
- United States, -$2.76M (-25.2%)
- Germany, -$1.42M (-15.6%)
Market Concentration
#permalink to sectionIn 2019, United Kingdom's main exporting competitors in Drafting Tools were:
- China , $789M
- United States , $238M
- Germany , $204M
In 2019, United Kingdom's main importing competitors in Drafting Tools were:
- United States , $314M
- Germany , $169M
- France , $88.7M
