HS Icon Gas Turbines in  Flag United Kingdom

2020
Exports | Imports
: $18.1B | $7.96B, World Rnk 2 / 187
Flag Rnk 3 / 1216 | World Rnk 5 / 203
Flag Rnk 10 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $409M | $2.38B, Ireland |  United States


ECONOMIC COMPLEXITY of United Kingdom
: 1.42, Rnk 13 / 127


PRODUCT COMPLEXITY  IN Gas Turbines
: 0.51, Rnk 358 / 1028

Exports In 2020, United Kingdom exported $18.1B in Gas Turbines, making it the 2nd largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 3rd most exported product in United Kingdom. The main destination of Gas Turbines exports from United Kingdom are: United States ($2.98B), Singapore ($2.52B), Hong Kong ($2.48B), United Arab Emirates ($1.18B), and France ($1.13B).

The fastest growing export markets for Gas Turbines of United Kingdom between 2019 and 2020 were Ireland ($409M), Hong Kong ($234M), and Israel ($152M).

Imports In 2020, United Kingdom imported $7.96B in Gas Turbines, becoming the 5th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 10th most imported product in United Kingdom. United Kingdom imports Gas Turbines primarily from: United States ($3.25B), Germany ($888M), France ($627M), Japan ($429M), and Singapore ($370M).

The fastest growing import markets in Gas Turbines for United Kingdom between 2019 and 2020 were United States ($2.38B), Hong Kong ($345M), and Malaysia ($67.8M).

May 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2021 - May 2022): £546M, (40.6%)

IMPORT GROWTH (May 2021 - May 2022): £532M, (60.3%)

MAIN EXPORTER (May 2022): London Heathrow Airport, £691M

MAIN DESTINATION (May 2022): United States, £357M

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

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Compare to

EXPORTS (2020): $18.1B

IMPORTS (2020): $7.96B

NET TRADE (2020): $10.2B

In 2020, United Kingdom exported $18.1B in Gas Turbines. The main destinations of United Kingdom exports on Gas Turbines were United States ($2.98B), Singapore ($2.52B), Hong Kong ($2.48B), United Arab Emirates ($1.18B), and France ($1.13B).

In 2020, United Kingdom imported $7.96B in Gas Turbines, mainly from United States ($3.25B), Germany ($888M), France ($627M), Japan ($429M), and Singapore ($370M).

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IN 2020, United Kingdom HAD A POSITIVE NET TRADE IN Gas Turbines WITH:

IN 2020, United Kingdom HAD A NEGATIVE NET TRADE IN Gas Turbines WITH:

Flow

THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY United Kingdom WERE (2019 - 2020):

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Market Concentration

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Flow
Type

In 2019, United Kingdom's main exporting competitors in Gas Turbines were:

In 2019, United Kingdom's main importing competitors in Gas Turbines were:

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