Overview In May 2022 United Kingdom's Gas Turbines exports accounted up to £1.89B and imports accounted up to £1.41B, resulting in a positive trade balance of £478M. Between May 2021 and May 2022 the exports of United Kingdom's Gas Turbines have increased by £546M (40.6%) from £1.35B to £1.89B, while imports increased by £532M (60.3%) from £882M to £1.41B.
Destinations In May 2022, Gas Turbines were exported mostly to United States (£357M), France (£233M), Singapore (£177M), Germany (£174M), and United Arab Emirates (£119M), and were imported mostly from United States (£305M), Japan (£162M), Germany (£108M), France (£94.9M), and Ethiopia (£56.8M).
Growth In May 2022, the increase in Gas Turbines's year-by-year exports was explained primarily by an increase in exports to South Korea (£28M or 158%), Luxembourg (£27.3M or 32.3k%), and Germany (£26.7M or 22.6%). In May 2022, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from South Korea (£25.2M or 339%), Portugal (£22.8M or 2.01k%), and Hong Kong (£19.6M or 53.7%).