Hydraulic Turbines in United Kingdom 2021 Exports | Imports : $21M | $15.8M, World Rnk 14 / 124 Rnk 728 / 1216 | World Rnk 21 / 189 Rnk 944 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.77M | $3.61M, Spain | United States
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Hydraulic Turbines: 0.28, Rnk 447 / 1029
Exports In 2021, United Kingdom exported $21M in Hydraulic Turbines, making it the 14th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 728th most exported product in United Kingdom. The main destination of Hydraulic Turbines exports from United Kingdom are: Spain ($2.84M), United States ($2.83M), Angola ($2.58M), France ($1.61M), and India ($1.56M).
The fastest growing export markets for Hydraulic Turbines of United Kingdom between 2020 and 2021 were Spain ($2.77M), Angola ($2.55M), and United States ($1.99M).
Imports In 2021, United Kingdom imported $15.8M in Hydraulic Turbines, becoming the 21st largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 944th most imported product in United Kingdom. United Kingdom imports Hydraulic Turbines primarily from: United States ($4.51M), Austria ($2.75M), Czechia ($2.19M), Egypt ($2.12M), and Netherlands ($1.18M).
The fastest growing import markets in Hydraulic Turbines for United Kingdom between 2020 and 2021 were United States ($3.61M), Austria ($2.67M), and Egypt ($2.12M).
January 2023
Overview In January 2023 United Kingdom's Hydraulic Turbines exports accounted up to £1.29M and imports accounted up to £453k, resulting in a positive trade balance of £841k. Between January 2022 and January 2023 the exports of United Kingdom's Hydraulic Turbines have increased by £755k (140%) from £538k to £1.29M, while imports decreased by £-1.6M (-78%) from £2.06M to £453k.
Destinations In January 2023, Hydraulic Turbines were exported mostly to Japan (£702k), United States (£282k), Spain (£103k), United Arab Emirates (£94.4k), and Hong Kong (£27.4k), and were imported mostly from Spain (£124k), Kuwait (£80.6k), United States (£79.5k), Canada (£53.7k), and China (£50.1k).
Growth In January 2023, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to United States (£172k or 561%), United Arab Emirates (£97.9k or 1.95k%), and France (£11.1k or 1k%). In January 2023, the decrease in Hydraulic Turbines's year-by-year imports was explained primarily by a decrease in imports from United States (£-838k or -71.1%), United Arab Emirates (£-171k or -92%), and Canada (£-71.8k or -78.9%).
EXPORT GROWTH (January 2022 - January 2023): £755k, (140%)
IMPORT GROWTH (January 2022 - January 2023): £-1.6M, (-78%)
MAIN EXPORTER (January 2023): London Heathrow Airport, £569k
MAIN DESTINATION (January 2023): Japan, £702k
This section shows Hydraulic 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 Hydraulic Turbines over time.
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EXPORTS (2021): $21M
IMPORTS (2021): $15.8M
NET TRADE (2021): $5.2M
In 2021, United Kingdom exported $21M in Hydraulic Turbines. The main destinations of United Kingdom exports on Hydraulic Turbines were Spain ($2.84M), United States ($2.83M), Angola ($2.58M), France ($1.61M), and India ($1.56M).
In 2021, United Kingdom imported $15.8M in Hydraulic Turbines, mainly from United States ($4.51M), Austria ($2.75M), Czechia ($2.19M), Egypt ($2.12M), and Netherlands ($1.18M).
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Hydraulic Turbines were:
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