Rubber Tires in United Kingdom 2021 Exports | Imports : $421M | $2.76B, World Rnk 32 / 199 Rnk 165 / 1216 | World Rnk 7 / 225 Rnk 40 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.06M | $129M, Slovakia | China
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Rubber Tires: 0.32, Rnk 436 / 1029
Exports In 2021, United Kingdom exported $421M in Rubber Tires, making it the 32nd largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 165th most exported product in United Kingdom. The main destination of Rubber Tires exports from United Kingdom are: Ireland ($68.7M), United States ($60M), Netherlands ($42M), Germany ($40.1M), and China ($22M).
The fastest growing export markets for Rubber Tires of United Kingdom between 2020 and 2021 were Slovakia ($4.06M), Saudi Arabia ($3.95M), and United States ($2.67M).
Imports In 2021, United Kingdom imported $2.76B in Rubber Tires, becoming the 7th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 40th most imported product in United Kingdom. United Kingdom imports Rubber Tires primarily from: China ($652M), Germany ($317M), France ($151M), Spain ($138M), and Poland ($117M).
The fastest growing import markets in Rubber Tires for United Kingdom between 2020 and 2021 were China ($129M), France ($43.7M), and India ($33.4M).
January 2023
Overview In January 2023 United Kingdom's Rubber Tires exports accounted up to £30.6M and imports accounted up to £200M, resulting in a negative trade balance of £169M. Between January 2022 and January 2023 the exports of United Kingdom's Rubber Tires have increased by £11.6M (61.2%) from £19M to £30.6M, while imports decreased by £-13.7M (-6.41%) from £214M to £200M.
Destinations In January 2023, Rubber Tires were exported mostly to United States (£5.94M), Ireland (£5.46M), Germany (£3.37M), Netherlands (£2.59M), and Slovakia (£2.09M), and were imported mostly from China (£42.5M), Germany (£18.1M), France (£18M), Belgium (£17.7M), and South Korea (£9.82M).
Growth In January 2023, the increase in Rubber Tires's year-by-year exports was explained primarily by an increase in exports to Ireland (£3.11M or 378%), Netherlands (£1.57M or 413%), and Slovakia (£527k or 968%). In January 2023, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from Germany (£-7.3M or -32.4%), Slovakia (£-3.76M or -60.1%), and Poland (£-1.77M or -26.3%).
EXPORT GROWTH (January 2022 - January 2023): £11.6M, (61.2%)
IMPORT GROWTH (January 2022 - January 2023): £-13.7M, (-6.41%)
MAIN EXPORTER (January 2023): Dover Eurotunnel, £4.23M
MAIN DESTINATION (January 2023): United States, £5.94M
This section shows Rubber Tires'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 Tires over time.
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EXPORTS (2021): $421M
IMPORTS (2021): $2.76B
NET TRADE (2021): -$2.34B
In 2021, United Kingdom exported $421M in Rubber Tires. The main destinations of United Kingdom exports on Rubber Tires were Ireland ($68.7M), United States ($60M), Netherlands ($42M), Germany ($40.1M), and China ($22M).
In 2021, United Kingdom imported $2.76B in Rubber Tires, mainly from China ($652M), Germany ($317M), France ($151M), Spain ($138M), and Poland ($117M).
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Rubber Tires were:
In 2021, United Kingdom's main importing competitors in Rubber Tires were:
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