Overview In October 2022 United Kingdom's Gas Turbines exports accounted up to £2.08B and imports accounted up to £1.36B, resulting in a positive trade balance of £724M. Between October 2021 and October 2022 the exports of United Kingdom's Gas Turbines have increased by £279M (15.5%) from £1.8B to £2.08B, while imports increased by £337M (33%) from £1.02B to £1.36B.
Destinations In October 2022, Gas Turbines were exported mostly to Germany (£293M), United States (£232M), Singapore (£219M), Hong Kong (£180M), and France (£170M), and were imported mostly from United States (£359M), Germany (£91.5M), France (£82.8M), Saudi Arabia (£80.9M), and United Arab Emirates (£73.5M).
Growth In October 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 October 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%).