Parachutes in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $29.9M in Parachutes, making it the 3rd largest exporter of Parachutes in the world. At the same year, Parachutes was the 657th most exported product in United Kingdom. The main destination of Parachutes exports from United Kingdom are: United States ($7.38M), France ($2.78M), Germany ($1.9M), Spain ($1.6M), and Qatar ($1.43M).

The fastest growing export markets for Parachutes of United Kingdom between 2021 and 2022 were United States ($3.94M), Qatar ($1.42M), and Chinese Taipei ($840k).

Imports In 2022, United Kingdom imported $19.9M in Parachutes, becoming the 4th largest importer of Parachutes in the world. At the same year, Parachutes was the 913th most imported product in United Kingdom. United Kingdom imports Parachutes primarily from: United States ($6.79M), Germany ($2.06M), France ($1.94M), Romania ($1.54M), and Vietnam ($1.22M).

The fastest growing import markets in Parachutes for United Kingdom between 2021 and 2022 were United States ($2.91M), France ($1.74M), and United Kingdom ($818k).

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

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Parachutes exports accounted up to £991k and imports accounted up to £1.09M, resulting in a negative trade balance of £102k. Between January 2023 and January 2024 the exports of United Kingdom's Parachutes have decreased by £-462k (-31.8%) from £1.45M to £991k, while imports decreased by £-130k (-10.6%) from £1.22M to £1.09M.

Destinations In January 2024, Parachutes were exported mostly to Australia (£241k), United States (£143k), Germany (£128k), Sweden (£93.7k), and United Arab Emirates (£91.2k), and were imported mostly from United States (£539k), France (£164k), Germany (£116k), Romania (£105k), and Vietnam (£78.3k).

Growth In January 2024, the decrease in Parachutes's year-by-year exports was explained primarily by a decrease in exports to France (£-583k or -98.1%), Malaysia (£-178k or -84.6%), and Germany (£-134k or -23.4%). In January 2024, the decrease in Parachutes's year-by-year imports was explained primarily by a decrease in imports from United States (£-110k or -20.3%), Germany (£-97.5k or -60.3%), and Vietnam (£-35.6k or -45.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-462k(-31.8%)

IMPORT GROWTH (January 2023 - January 2024)£-130k(-10.6%)

MAIN EXPORTER (January 2024)London Heathrow Airport£418k

MAIN DESTINATION (January 2024)Australia£241k

This section shows Parachutes'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 Parachutes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$29.9M

IMPORTS (2022)$19.9M

NET TRADE (2022)$9.96M

In 2022, United Kingdom exported $29.9M in Parachutes. The main destinations of United Kingdom exports on Parachutes were United States ($7.38M), France ($2.78M), Germany ($1.9M), Spain ($1.6M), and Qatar ($1.43M).

In 2022, United Kingdom imported $19.9M in Parachutes, mainly from United States ($6.79M), Germany ($2.06M), France ($1.94M), Romania ($1.54M), and Vietnam ($1.22M).

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