Industrial Food Preperation Machinery in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $259M in Industrial Food Preperation Machinery, making it the 14th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 227th most exported product in United Kingdom. The main destination of Industrial Food Preperation Machinery exports from United Kingdom are: United States ($49.8M), Australia ($22.5M), Ireland ($16.9M), Netherlands ($14M), and Mexico ($13.7M).

The fastest growing export markets for Industrial Food Preperation Machinery of United Kingdom between 2021 and 2022 were Mexico ($8.78M), United Kingdom ($4.71M), and Poland ($4.44M).

Imports In 2022, United Kingdom imported $536M in Industrial Food Preperation Machinery, becoming the 4th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 243rd most imported product in United Kingdom. United Kingdom imports Industrial Food Preperation Machinery primarily from: Germany ($107M), Netherlands ($93.1M), Italy ($66.1M), United States ($55.9M), and France ($33.5M).

The fastest growing import markets in Industrial Food Preperation Machinery for United Kingdom between 2021 and 2022 were Netherlands ($19.5M), United States ($16.7M), and Spain ($5.37M).

Latest Trends

February 2024

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Overview In February 2024 United Kingdom's Industrial Food Preperation Machinery exports accounted up to £18.4M and imports accounted up to £29.6M, resulting in a negative trade balance of £11.2M. Between February 2023 and February 2024 the exports of United Kingdom's Industrial Food Preperation Machinery have increased by £2.94M (19%) from £15.5M to £18.4M, while imports decreased by £-2.01M (-6.34%) from £31.6M to £29.6M.

Destinations In February 2024, Industrial Food Preperation Machinery were exported mostly to United States (£4.15M), Mexico (£1.73M), Germany (£1.28M), Netherlands (£1.02M), and Ireland (£903k), and were imported mostly from Germany (£6.47M), Netherlands (£5.28M), Denmark (£3.71M), United States (£3.46M), and Italy (£2.66M).

Growth In February 2024, the increase in Industrial Food Preperation Machinery's year-by-year exports was explained primarily by an increase in exports to Canada (£1.13M or 496%), Netherlands (£724k or 240%), and Japan (£651k or 299%). In February 2024, the decrease in Industrial Food Preperation Machinery's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-4.23M or -52.6%), United States (£-1.49M or -43.3%), and Belgium (£-1.28M or -63.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£2.94M(19%)

IMPORT GROWTH (February 2023 - February 2024)£-2.01M(-6.34%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£3.99M

MAIN DESTINATION (February 2024)United States£4.15M

This section shows Industrial Food Preperation 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 Industrial Food Preperation Machinery over time.

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