Overview In January 2023 United Kingdom's Gas Turbines exports accounted up to £2.09B and imports accounted up to £1.68B, resulting in a positive trade balance of £417M. Between January 2022 and January 2023 the exports of United Kingdom's Gas Turbines have increased by £533M (34.2%) from £1.56B to £2.09B, while imports increased by £381M (29.4%) from £1.29B to £1.68B.
Destinations In January 2023, Gas Turbines were exported mostly to France (£312M), United States (£267M), Singapore (£222M), Hong Kong (£176M), and Germany (£166M), and were imported mostly from United States (£477M), Singapore (£133M), Germany (£123M), France (£114M), and Ireland (£77.5M).
Growth In January 2023, the increase in Gas Turbines's year-by-year exports was explained primarily by an increase in exports to Netherlands (£156M or 588%), Singapore (£113M or 168%), and India (£55.8M or 148%). In January 2023, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from France (£110M or 5.29k%), Saudi Arabia (£75.9M or 6.53k%), and United States (£72.4M or 35.4%).