Rubber Belting in United Kingdom 2021 Exports | Imports : $190M | $124M, World Rnk 8 / 205 Rnk 272 / 1216 | World Rnk 14 / 223 Rnk 541 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $18M | $6.54M, Belgium | China
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Rubber Belting: 0.62, Rnk 309 / 1024
Exports In 2021, United Kingdom exported $190M in Rubber Belting, making it the 8th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 272nd most exported product in United Kingdom. The main destination of Rubber Belting exports from United Kingdom are: Belgium ($39M), Germany ($38.2M), Poland ($23.8M), Russia ($14.3M), and France ($11M).
The fastest growing export markets for Rubber Belting of United Kingdom between 2020 and 2021 were Belgium ($18M), Poland ($12.7M), and China ($1.62M).
Imports In 2021, United Kingdom imported $124M in Rubber Belting, becoming the 14th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 541st most imported product in United Kingdom. United Kingdom imports Rubber Belting primarily from: Germany ($35.5M), China ($19.1M), Italy ($14M), Turkey ($7.25M), and India ($7.13M).
The fastest growing import markets in Rubber Belting for United Kingdom between 2020 and 2021 were China ($6.54M), Turkey ($4.56M), and Germany ($4.05M).
April 2023
Overview In April 2023 United Kingdom's Rubber Belting exports accounted up to £12.9M and imports accounted up to £7.09M, resulting in a positive trade balance of £5.84M. Between April 2022 and April 2023 the exports of United Kingdom's Rubber Belting have increased by £3.62M (38.9%) from £9.31M to £12.9M, while imports decreased by £-155k (-2.14%) from £7.25M to £7.09M.
Destinations In April 2023, Rubber Belting were exported mostly to Poland (£2.51M), Germany (£2.44M), Belgium (£2.21M), Canada (£1.77M), and France (£562k), and were imported mostly from Germany (£2.09M), Italy (£1.19M), China (£688k), Netherlands (£577k), and India (£567k).
Growth In April 2023, the increase in Rubber Belting's year-by-year exports was explained primarily by an increase in exports to Poland (£616k or 168%), China (£97.7k or 81.1%), and Turkey (£91.7k or 66.2%). In April 2023, the decrease in Rubber Belting's year-by-year imports was explained primarily by a decrease in imports from United States (£-366k or -70.6%), Hungary (£-266k or -69%), and Belgium (£-244k or -49.1%).
EXPORT GROWTH (April 2022 - April 2023): £3.62M, (38.9%)
IMPORT GROWTH (April 2022 - April 2023): £-155k, (-2.14%)
MAIN EXPORTER (April 2023): Dover Eurotunnel, £6.41M
MAIN DESTINATION (April 2023): Poland, £2.51M
This section shows Rubber Belting'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 Rubber Belting over time.
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EXPORTS (2021): $190M
IMPORTS (2021): $124M
NET TRADE (2021): $66.1M
In 2021, United Kingdom exported $190M in Rubber Belting. The main destinations of United Kingdom exports on Rubber Belting were Belgium ($39M), Germany ($38.2M), Poland ($23.8M), Russia ($14.3M), and France ($11M).
In 2021, United Kingdom imported $124M in Rubber Belting, mainly from Germany ($35.5M), China ($19.1M), Italy ($14M), Turkey ($7.25M), and India ($7.13M).
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Rubber Belting were:
In 2021, United Kingdom's main importing competitors in Rubber Belting were:
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