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2022
Exports $8.14MWorld Rnk 18 / 135
Flag Rnk 886 / 1216
2022
Destination $806k Germany
2021 - 2022
FASTEST GROWING MARKET $806kUnited States
2022
PRODUCT COMPLEXITY IN Rolling Machines1.58Rnk 38 / 1025
2022
Imports $23.8MWorld Rnk 19 / 199
Flag Rnk 882 / 1214
2022
Origin $1.11M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.11MIndia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $8.14M in Rolling Machines, making it the 18th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 886th most exported product in United Kingdom. The main destination of Rolling Machines exports from United Kingdom are: Germany ($1.16M), United States ($1.15M), Nigeria ($885k), Italy ($425k), and China ($374k).

The fastest growing export markets for Rolling Machines of United Kingdom between 2021 and 2022 were United States ($806k), Nigeria ($767k), and Germany ($400k).

Imports In 2022, United Kingdom imported $23.8M in Rolling Machines, becoming the 19th largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 882nd most imported product in United Kingdom. United Kingdom imports Rolling Machines primarily from: Italy ($6M), Germany ($4.89M), Spain ($3.84M), India ($2.69M), and China ($1.36M).

The fastest growing import markets in Rolling Machines for United Kingdom between 2021 and 2022 were India ($1.11M), United States ($276k), and Spain ($228k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Rolling Machines exports accounted up to £530k and imports accounted up to £2.67M, resulting in a negative trade balance of £2.14M. Between June 2023 and June 2024 the exports of United Kingdom's   Rolling Machines have increased by £238k (81.5%) from £292k to £530k, while imports decreased by £-78k (-2.84%) from £2.75M to £2.67M.

Destinations In June 2024, Rolling Machines were exported mostly to Germany (£182k), Poland (£134k), France (£46k), Bulgaria (£45k), and Turkey (£44.5k), and were imported mostly from Italy (£996k), Netherlands (£784k), Austria (£188k), France (£148k), and India (£142k).

Growth In June 2024, the increase in Rolling Machines's year-by-year exports was explained primarily by an increase in exports to India (£15k or 625%), Ireland (£9.09k or 327%), and Singapore (£213 or 23.7%). In June 2024, the decrease in Rolling Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (£-367k or -47.9%), Switzerland (£-113k or -88.5%), and Italy (£-7.48k or -3.73%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£238k(81.5%)
IMPORT GROWTH (June 2023 - June 2024)£-78k(-2.84%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£389k
MAIN DESTINATION (June 2024)Germany£182k

This section shows Rolling 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 Rolling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.14M
IMPORTS (2022)$23.8M
NET TRADE (2022)-$15.6M

In 2022, United Kingdom exported $8.14M in Rolling Machines. The main destinations of United Kingdom exports on Rolling Machines were Germany ($1.16M), United States ($1.15M), Nigeria ($885k), Italy ($425k), and China ($374k).

In 2022, United Kingdom imported $23.8M in Rolling Machines, mainly from Italy ($6M), Germany ($4.89M), Spain ($3.84M), India ($2.69M), and China ($1.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$806k (236%)
Nigeria$767k (651%)
Germany$400k (52.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY United Kingdom WERE (2021 - 2022):
Austria-$1.24M (-87.6%)
Italy-$569k (-57.3%)
India-$346k (-77.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Rolling Machines were:
Japan $257M
Italy $254M
South Korea $235M
In 2022, United Kingdom's main importing competitors in Rolling Machines were:
China $513M
United States $181M
Germany $73.2M

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $580k
TOP IMPORT POTENTIALGermany+ $1.29M

Rolling Machines’s highest export potential is United States. With an export gap of $580k.   Rolling Machines’s highest import potential is Germany with an import gap of $1.29M.

See methodology.

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