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Pricing

2022
Exports $1.07BWorld Rnk 7 / 208
Flag Rnk 77 / 1216
2022
Destination $89.6M United States
2021 - 2022
FASTEST GROWING MARKET $89.6MDenmark
2022
PRODUCT COMPLEXITY IN Other Engines0.83Rnk 234 / 1025
2022
Imports $966MWorld Rnk 6 / 223
Flag Rnk 133 / 1214
2022
Origin $54M United States
2021 - 2022
FASTEST GROWING ORIGIN $54MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.07B in Other Engines, making it the 7th largest exporter of Other Engines in the world. At the same year, Other Engines was the 77th most exported product in United Kingdom. The main destination of Other Engines exports from United Kingdom are: United States ($340M), Denmark ($97.4M), Germany ($97.4M), Netherlands ($58.9M), and France ($49.4M).

The fastest growing export markets for Other Engines of United Kingdom between 2021 and 2022 were Denmark ($89.6M), United States ($58.7M), and Germany ($22.1M).

Imports In 2022, United Kingdom imported $966M in Other Engines, becoming the 6th largest importer of Other Engines in the world. At the same year, Other Engines was the 133rd most imported product in United Kingdom. United Kingdom imports Other Engines primarily from: United States ($199M), Germany ($126M), France ($81.4M), China ($70.4M), and Italy ($69.8M).

The fastest growing import markets in Other Engines for United Kingdom between 2021 and 2022 were United States ($54M), United Kingdom ($18.8M), and France ($18.2M).

COMPANIES In 2023, leading companies such as Robert Bosch (69) and Kubota (46) were at the forefront of shipping Other Engines from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Other Engines exports accounted up to £76M and imports accounted up to £77.8M, resulting in a negative trade balance of £1.74M. Between August 2023 and August 2024 the exports of United Kingdom's   Other Engines have increased by £7.28M (10.6%) from £68.8M to £76M, while imports increased by £7.79M (11.1%) from £70M to £77.8M.

Destinations In August 2024, Other Engines were exported mostly to United States (£23M), Denmark (£8.72M), Germany (£7.15M), France (£4.33M), and Italy (£3.59M), and were imported mostly from Germany (£18.2M), United States (£16.5M), Denmark (£5.68M), France (£3.96M), and Spain (£3.81M).

Growth In August 2024, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to Denmark (£4.93M or 251%), United States (£3.12M or 18.9%), and France (£1.95M or 75.7%). In August 2024, the increase in Other Engines's year-by-year imports was explained primarily by an increase in imports from Denmark (£14M or 1.6k%), China (£7.51M or 225%), and Germany (£2.03M or 23.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£7.28M(10.6%)
IMPORT GROWTH (August 2023 - August 2024)£7.79M(11.1%)
MAIN EXPORTER (August 2024)London Heathrow Airport£37M
MAIN DESTINATION (August 2024)United States£23M

This section shows Other Engines'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 Other Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.07B
IMPORTS (2022)$966M
NET TRADE (2022)$99.4M

In 2022, United Kingdom exported $1.07B in Other Engines. The main destinations of United Kingdom exports on Other Engines were United States ($340M), Denmark ($97.4M), Germany ($97.4M), Netherlands ($58.9M), and France ($49.4M).

In 2022, United Kingdom imported $966M in Other Engines, mainly from United States ($199M), Germany ($126M), France ($81.4M), China ($70.4M), and Italy ($69.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Denmark$89.6M (1.15k%)
United States$58.7M (20.9%)
Germany$22.1M (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY United Kingdom WERE (2021 - 2022):
Turkey-$16.4M (-61.7%)
South Korea-$8.29M (-42.5%)
Norway-$5.26M (-25%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Other Engines were:
China $4.52B
United States $3.4B
Germany $3.05B
In 2022, United Kingdom's main importing competitors in Other Engines were:
United States $4.79B
Germany $2.57B
China $1.45B

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $39.1M
TOP IMPORT POTENTIALGermany+ $42.4M

Other Engines’s highest export potential is Germany. With an export gap of $39.1M.   Other Engines’s highest import potential is Germany with an import gap of $42.4M.

See methodology.

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