Harvesting Machinery in United Kingdom 2021 Exports | Imports : $523M | $1.01B, World Rnk 13 / 188 Rnk 138 / 1216 | World Rnk 6 / 222 Rnk 124 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $15.9M | $53.9M, Belgium | China
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Harvesting Machinery: 0.74, Rnk 262 / 1024
Exports In 2021, United Kingdom exported $523M in Harvesting Machinery, making it the 13th largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 138th most exported product in United Kingdom. The main destination of Harvesting Machinery exports from United Kingdom are: Germany ($104M), Sweden ($58M), Ireland ($41.8M), United States ($40.6M), and Netherlands ($26.3M).
The fastest growing export markets for Harvesting Machinery of United Kingdom between 2020 and 2021 were Belgium ($15.9M), Netherlands ($13.3M), and Poland ($8.31M).
Imports In 2021, United Kingdom imported $1.01B in Harvesting Machinery, becoming the 6th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 124th most imported product in United Kingdom. United Kingdom imports Harvesting Machinery primarily from: Germany ($243M), China ($171M), Netherlands ($99.7M), United States ($68.7M), and France ($68.7M).
The fastest growing import markets in Harvesting Machinery for United Kingdom between 2020 and 2021 were China ($53.9M), Netherlands ($30.4M), and France ($20.5M).
April 2023
Overview In April 2023 United Kingdom's Harvesting Machinery exports accounted up to £51.8M and imports accounted up to £85.2M, resulting in a negative trade balance of £33.4M. Between April 2022 and April 2023 the exports of United Kingdom's Harvesting Machinery have increased by £19.2M (58.9%) from £32.6M to £51.8M, while imports increased by £4.82M (6%) from £80.4M to £85.2M.
Destinations In April 2023, Harvesting Machinery were exported mostly to Germany (£7.95M), Sweden (£7.68M), United States (£6.19M), Ireland (£4.48M), and Netherlands (£2.42M), and were imported mostly from Germany (£20.1M), Belgium (£11.6M), China (£11M), Netherlands (£8.17M), and United States (£5.17M).
Growth In April 2023, the increase in Harvesting Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (£1.87M or 102%), Lithuania (£1.09M or 17.8k%), and Ireland (£850k or 182%). In April 2023, the increase in Harvesting Machinery's year-by-year imports was explained primarily by an increase in imports from China (£6.36M or 113%), Belgium (£2.21M or 230%), and Canada (£1.38M or 261%).
EXPORT GROWTH (April 2022 - April 2023): £19.2M, (58.9%)
IMPORT GROWTH (April 2022 - April 2023): £4.82M, (6%)
MAIN EXPORTER (April 2023): Middlesbrough, £12.7M
MAIN DESTINATION (April 2023): Germany, £7.95M
This section shows Harvesting Machinery'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 Harvesting Machinery over time.
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EXPORTS (2021): $523M
IMPORTS (2021): $1.01B
NET TRADE (2021): -$482M
In 2021, United Kingdom exported $523M in Harvesting Machinery. The main destinations of United Kingdom exports on Harvesting Machinery were Germany ($104M), Sweden ($58M), Ireland ($41.8M), United States ($40.6M), and Netherlands ($26.3M).
In 2021, United Kingdom imported $1.01B in Harvesting Machinery, mainly from Germany ($243M), China ($171M), Netherlands ($99.7M), United States ($68.7M), and France ($68.7M).
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Harvesting Machinery were:
In 2021, United Kingdom's main importing competitors in Harvesting Machinery were:
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