2023
Exports
$801kWorld Rnk 27 / 76
Flag Rnk 1130 / 1216
2023
PRODUCT COMPLEXITY IN Railroad Ties
-0.12Rnk 595 / 1025
2023
Imports
$12.5MWorld Rnk 6 / 114
Flag Rnk 972 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $801k in Railroad Ties, making it the 27th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 1130th most exported product in United Kingdom. The main destination of Railroad Ties exports from United Kingdom are: Ireland ($545k), Norway ($107k), New Zealand ($84.6k), United Arab Emirates ($20.1k), and Hong Kong ($17.5k).

The fastest growing export markets for Railroad Ties of United Kingdom between 2022 and 2023 were Hong Kong ($17.5k), Cayman Islands ($10.8k), and Saint Helena ($7.96k).

Imports In 2023, United Kingdom imported $12.5M in Railroad Ties, becoming the 6th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 972nd most imported product in United Kingdom. United Kingdom imports Railroad Ties primarily from: Brazil ($3.85M), Belgium ($2.69M), Netherlands ($1.45M), Gabon ($1.38M), and Germany ($838k).

The fastest growing import markets in Railroad Ties for United Kingdom between 2022 and 2023 were Brazil ($3.52M), Gabon ($797k), and Netherlands ($713k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)£-19.9k(-84.5%)
IMPORT GROWTH (November 2023 - November 2024)£-428k(-46%)
MAIN EXPORTER (November 2024)Felixstowe£135k
MAIN DESTINATION (November 2024)Ireland£3.65k

This section shows Railroad Ties'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 Railroad Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$801k
IMPORTS (2023)$12.5M
NET TRADE (2023)-$11.7M

In 2023, United Kingdom exported $801k in Railroad Ties. The main destinations of United Kingdom exports on Railroad Ties were Ireland ($545k), Norway ($107k), New Zealand ($84.6k), United Arab Emirates ($20.1k), and Hong Kong ($17.5k).

In 2023, United Kingdom imported $12.5M in Railroad Ties, mainly from Brazil ($3.85M), Belgium ($2.69M), Netherlands ($1.45M), Gabon ($1.38M), and Germany ($838k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Hong Kong$17.5k (1%)
Cayman Islands$10.8k (1%)
Saint Helena$7.96k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY United Kingdom WERE (2022 - 2023):
Ireland-$378k (-40.9%)
Norway-$68.5k (-39%)
Netherlands-$20.3k (-90.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Railroad Ties were:
In 2023, United Kingdom's main importing competitors in Railroad Ties were:

Explore Visualizations

Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $56k
TOP IMPORT POTENTIALFrance+ $387k

Railroad Ties’s highest export potential is Netherlands. With an export gap of $56k.   Railroad Ties’s highest import potential is France with an import gap of $387k.

See methodology.

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