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2023
Exports $912MWorld Rnk 5 / 176
Flag Rnk 81 / 1216
2023
Destination $41.7M United States
2022 - 2023
FASTEST GROWING MARKET $41.7MUnited States
2023
PRODUCT COMPLEXITY IN Recreational Boats0.24Rnk 483 / 1025
2023
Imports $477MWorld Rnk 7 / 219
Flag Rnk 250 / 1214
2023
Origin $12.4M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $12.4MTurkey
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $912M in Recreational Boats, making it the 5th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 81st most exported product in United Kingdom. The main destination of Recreational Boats exports from United Kingdom are: United States ($272M), France ($78.3M), Malta ($64.9M), Spain ($52.8M), and Italy ($47.7M).

The fastest growing export markets for Recreational Boats of United Kingdom between 2022 and 2023 were United States ($41.7M), Malta ($41.5M), and Spain ($16.7M).

Imports In 2023, United Kingdom imported $477M in Recreational Boats, becoming the 7th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 250th most imported product in United Kingdom. United Kingdom imports Recreational Boats primarily from: Netherlands ($80.4M), Italy ($71.8M), Poland ($57.6M), France ($55.3M), and Finland ($33.5M).

The fastest growing import markets in Recreational Boats for United Kingdom between 2022 and 2023 were Turkey ($12.4M), New Zealand ($12.4M), and Finland ($8.41M).

COMPANIES In 2023, leading companies such as Xerox (1) were at the forefront of shipping Recreational Boats from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Recreational Boats exports accounted up to £72.4M and imports accounted up to £15.8M, resulting in a positive trade balance of £56.6M. Between November 2023 and November 2024 the exports of United Kingdom's   Recreational Boats have increased by £998k (1.4%) from £71.4M to £72.4M, while imports increased by £6.55M (70.9%) from £9.24M to £15.8M.

Destinations In November 2024, Recreational Boats were exported mostly to United States (£16.9M), Spain (£11.2M), Marshall Islands (£10.9M), Hong Kong (£5.77M), and Netherlands (£4.56M), and were imported mostly from Luxembourg (£6.23M), Chinese Taipei (£2.46M), France (£1.6M), Spain (£1.47M), and Netherlands (£814k).

Growth In November 2024, the increase in Recreational Boats's year-by-year exports was explained primarily by an increase in exports to United States (£28.2M or 305%), Netherlands (£3.89M or 525%), and United Arab Emirates (£2.08M or 775%). In November 2024, the increase in Recreational Boats's year-by-year imports was explained primarily by an increase in imports from Germany (£2.11M or 294%), Poland (£1.2M or 86.1%), and Finland (£1.05M or 141%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£998k(1.4%)
IMPORT GROWTH (November 2023 - November 2024)£6.55M(70.9%)
MAIN EXPORTER (November 2024)Southampton£69.6M
MAIN DESTINATION (November 2024)United States£16.9M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$912M
IMPORTS (2023)$477M
NET TRADE (2023)$435M

In 2023, United Kingdom exported $912M in Recreational Boats. The main destinations of United Kingdom exports on Recreational Boats were United States ($272M), France ($78.3M), Malta ($64.9M), Spain ($52.8M), and Italy ($47.7M).

In 2023, United Kingdom imported $477M in Recreational Boats, mainly from Netherlands ($80.4M), Italy ($71.8M), Poland ($57.6M), France ($55.3M), and Finland ($33.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
United States$41.7M (18.1%)
Malta$41.5M (178%)
Spain$16.7M (46.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY United Kingdom WERE (2022 - 2023):
Gibraltar-$178M (-85.5%)
Germany-$26M (-57.4%)
Hong Kong-$23.4M (-45.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Recreational Boats were:
Italy $3.45B
United States $1.7B
Germany $1.55B
In 2023, United Kingdom's main importing competitors in Recreational Boats were:
United States $3.1B
Cayman Islands $1.83B
Canada $920M

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.7M
TOP IMPORT POTENTIALFrance+ $22.5M

Recreational Boats’s highest export potential is United States. With an export gap of $14.7M.   Recreational Boats’s highest import potential is France with an import gap of $22.5M.

See methodology.

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