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Pricing

2022
Exports | Imports $967M | $1.44BWorld Rnk 12 / 184
Flag Rnk 83 / 1216
World Rnk 3 / 219
Flag Rnk 95 / 1214
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $26.4M | $65MSingapore |  Austria
2022
ECONOMIC COMPLEXITY of United Kingdom1.38Rnk 12 / 124
2022
PRODUCT COMPLEXITY IN Lifting Machinery1.19Rnk 108 / 1025

About

Exports In 2022, United Kingdom exported $967M in Lifting Machinery, making it the 12th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 83rd most exported product in United Kingdom. The main destination of Lifting Machinery exports from United Kingdom are: United States ($171M), Netherlands ($120M), France ($80.2M), Australia ($57.7M), and Germany ($54.8M).

The fastest growing export markets for Lifting Machinery of United Kingdom between 2021 and 2022 were Singapore ($26.4M), Poland ($17.4M), and Netherlands ($13.9M).

Imports In 2022, United Kingdom imported $1.44B in Lifting Machinery, becoming the 3rd largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 95th most imported product in United Kingdom. United Kingdom imports Lifting Machinery primarily from: Germany ($338M), Netherlands ($159M), Italy ($158M), China ($130M), and Austria ($86.6M).

The fastest growing import markets in Lifting Machinery for United Kingdom between 2021 and 2022 were Austria ($65M), China ($35.6M), and Denmark ($31.6M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (232) and EBI LLC (6) were at the forefront of shipping Lifting Machinery from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Lifting Machinery exports accounted up to £54.3M and imports accounted up to £89.2M, resulting in a negative trade balance of £34.8M. Between January 2023 and January 2024 the exports of United Kingdom's   Lifting Machinery have decreased by £-12.7M (-18.9%) from £67M to £54.3M, while imports decreased by £-13.3M (-13%) from £102M to £89.2M.

Destinations In January 2024, Lifting Machinery were exported mostly to United States (£7.68M), Spain (£6.56M), Ireland (£4.77M), Netherlands (£4.08M), and France (£3.51M), and were imported mostly from Germany (£20.3M), Italy (£17.7M), Netherlands (£8.72M), China (£7.43M), and France (£6.45M).

Growth In January 2024, the decrease in Lifting Machinery's year-by-year exports was explained primarily by a decrease in exports to Russia (£-916k or -96.8%), Uruguay (£-531k or -99.3%), and Colombia (£-477k or -99.7%). In January 2024, the decrease in Lifting Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany (£-4.08M or -18.5%), Netherlands (£-3.02M or -20%), and Austria (£-1.96M or -26.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)£-12.7M(-18.9%)
IMPORT GROWTH (January 2023 - January 2024)£-13.3M(-13%)
MAIN EXPORTER (January 2024)Dover Eurotunnel£14.9M
MAIN DESTINATION (January 2024)United States£7.68M

This section shows Lifting 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 Lifting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$967M
IMPORTS (2022)$1.44B
NET TRADE (2022)-$476M

In 2022, United Kingdom exported $967M in Lifting Machinery. The main destinations of United Kingdom exports on Lifting Machinery were United States ($171M), Netherlands ($120M), France ($80.2M), Australia ($57.7M), and Germany ($54.8M).

In 2022, United Kingdom imported $1.44B in Lifting Machinery, mainly from Germany ($338M), Netherlands ($159M), Italy ($158M), China ($130M), and Austria ($86.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Singapore$26.4M (860%)
Poland$17.4M (88.5%)
Netherlands$13.9M (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY United Kingdom WERE (2021 - 2022):
United States-$70.6M (-29.2%)
France-$16.7M (-17.3%)
Sweden-$11M (-30.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, United Kingdom's main importing competitors in Lifting Machinery were:
United States $5.58B
Germany $2.32B

Explore Visualizations

Trade Value of Lifting Machinery by Exporters

Keep Exploring

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