HS Icon Railroad Ties in  Flag United Kingdom

2019
Exports | Imports
: $190M | $19.5M, World Rnk 1 / 70
Flag Rnk 292 / 1214 | World Rnk 6 / 125
Flag Rnk 913 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $189M | $3.49M, Ghana |  Germany

2019
ECONOMIC COMPLEXITY of United Kingdom
: 1.49, Rnk 14 / 147

Exports: In 2019, United Kingdom exported $190M in Railroad Ties, making it the 1st largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 292nd most exported product in United Kingdom. The main destination of Railroad Ties exports from United Kingdom are: Ghana ($189M), Ireland ($409k), Netherlands ($311k), New Zealand ($41.1k), and India ($39.7k).

The fastest growing export markets for Railroad Ties of United Kingdom between 2018 and 2019 were Ghana ($189M), India ($39.7k), and Netherlands ($23.9k).

Imports: In 2019, United Kingdom imported $19.5M in Railroad Ties, becoming the 6th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 913th most imported product in United Kingdom. United Kingdom imports Railroad Ties primarily from: Germany ($4.09M), Latvia ($3.13M), France ($2.74M), Brazil ($2.34M), and Romania ($2M).

The fastest growing import markets in Railroad Ties for United Kingdom between 2018 and 2019 were Germany ($3.49M), Brazil ($481k), and Poland ($469k).

Latest Trends (April 2021)

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Overview: In April 2021 United Kingdom's Railroad Ties exports accounted up to £911 and imports accounted up to £3.17M, resulting in a negative trade balance of £3.17M. Between April 2020 and April 2021 the exports of United Kingdom's   Railroad Ties have decreased by £-154k (-99.4%) from £155k to £911, while imports increased by £1.32M (71.4%) from £1.85M to £3.17M.

Destinations: In April 2021, Railroad Ties were exported mostly to Belgium (£911), and were imported mostly from Latvia (£866k), Romania (£508k), Germany (£318k), France (£315k), and Estonia (£289k).

Growth: In April 2021, the decrease in Railroad Ties's year-by-year exports was explained primarily by a decrease in exports to . In April 2021, the increase in Railroad Ties's year-by-year imports was explained primarily by an increase in imports from Latvia (£498k or 135%), France (£275k or 681%), and Romania (£193k or 61.3%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): £-154k, (-99.4%)

IMPORT GROWTH (April 2020 - April 2021): £1.32M, (71.4%)

MAIN EXPORTER (April 2021): ,

MAIN DESTINATION (April 2021): Belgium, £911

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

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Value

EXPORTS (2019): $190M

IMPORTS (2019): $19.5M

NET TRADE (2019): $170M

In 2019, United Kingdom exported $190M in Railroad Ties. The main destinations of United Kingdom exports on Railroad Ties were Ghana ($189M), Ireland ($409k), Netherlands ($311k), New Zealand ($41.1k), and India ($39.7k).

In 2019, United Kingdom imported $19.5M in Railroad Ties, mainly from Germany ($4.09M), Latvia ($3.13M), France ($2.74M), Brazil ($2.34M), and Romania ($2M).

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IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Railroad Ties WITH:: Ireland , $347k ($409k - $61.3k)

IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Railroad Ties WITH:

Flow

THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY United Kingdom WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Railroad Ties were:

In 2018, United Kingdom's main importing competitors in Railroad Ties were:

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