Papermaking Machines in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $47.7M in Papermaking Machines, making it the 17th largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 562nd most exported product in United Kingdom. The main destination of Papermaking Machines exports from United Kingdom are: South Korea ($6.16M), Germany ($4.94M), United States ($4.07M), France ($4.03M), and Italy ($3.76M).

The fastest growing export markets for Papermaking Machines of United Kingdom between 2021 and 2022 were South Korea ($4.21M), United Kingdom ($1.63M), and Netherlands ($850k).

Imports In 2022, United Kingdom imported $77.5M in Papermaking Machines, becoming the 19th largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 649th most imported product in United Kingdom. United Kingdom imports Papermaking Machines primarily from: Germany ($26.4M), Sweden ($11.2M), Italy ($9.07M), Finland ($6.51M), and United States ($3.1M).

The fastest growing import markets in Papermaking Machines for United Kingdom between 2021 and 2022 were Germany ($2.58M), Sweden ($2.23M), and United Kingdom ($1.63M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Papermaking Machines from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Papermaking Machines exports accounted up to £3.23M and imports accounted up to £19.7M, resulting in a negative trade balance of £16.5M. Between January 2023 and January 2024 the exports of United Kingdom's Papermaking Machines have increased by £1.09M (51%) from £2.14M to £3.23M, while imports increased by £15.1M (328%) from £4.6M to £19.7M.

Destinations In January 2024, Papermaking Machines were exported mostly to United States (£1.05M), Switzerland (£673k), Germany (£275k), France (£209k), and Austria (£133k), and were imported mostly from Finland (£15.4M), India (£821k), Germany (£781k), France (£706k), and China (£585k).

Growth In January 2024, the increase in Papermaking Machines's year-by-year exports was explained primarily by an increase in exports to Germany (£429k or 473%), Italy (£167k or 498%), and United States (£125k or 40.2%). In January 2024, the increase in Papermaking Machines's year-by-year imports was explained primarily by an increase in imports from Italy (£878k or 297%), Finland (£317k or 119%), and United States (£93.6k or 87.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£1.09M(51%)

IMPORT GROWTH (January 2023 - January 2024)£15.1M(328%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£1.25M

MAIN DESTINATION (January 2024)United States£1.05M

This section shows Papermaking Machines'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 Papermaking Machines over time.

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