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2023
Exports $245MWorld Rnk 17 / 182
Flag Rnk 226 / 1216
2023
Destination $4.36M United States
2022 - 2023
FASTEST GROWING MARKET $4.36MSpain
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery1.68Rnk 24 / 1025
2023
Imports $463MWorld Rnk 19 / 216
Flag Rnk 257 / 1214
2023
Origin $7.64M Germany
2022 - 2023
FASTEST GROWING ORIGIN $7.64MFrance
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $245M in Rubberworking Machinery, making it the 17th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 226th most exported product in United Kingdom. The main destination of Rubberworking Machinery exports from United Kingdom are: United States ($45.3M), India ($23M), China ($20.2M), Germany ($20M), and Ireland ($13M).

The fastest growing export markets for Rubberworking Machinery of United Kingdom between 2022 and 2023 were Spain ($4.36M), Poland ($3.84M), and Singapore ($3.04M).

Imports In 2023, United Kingdom imported $463M in Rubberworking Machinery, becoming the 19th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 257th most imported product in United Kingdom. United Kingdom imports Rubberworking Machinery primarily from: Germany ($104M), Italy ($67.2M), China ($63.2M), Austria ($55.8M), and United States ($39.6M).

The fastest growing import markets in Rubberworking Machinery for United Kingdom between 2022 and 2023 were France ($7.64M), Turkey ($3.4M), and Switzerland ($2.31M).

COMPANIES In 2023, leading companies such as CNH Industrial (22), Parker (2), and Amazon (1) were at the forefront of shipping Rubberworking Machinery from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Rubberworking Machinery exports accounted up to £19.6M and imports accounted up to £33.3M, resulting in a negative trade balance of £13.7M. Between November 2023 and November 2024 the exports of United Kingdom's   Rubberworking Machinery have decreased by £-3.01M (-13.3%) from £22.6M to £19.6M, while imports increased by £5.85M (21.3%) from £27.4M to £33.3M.

Destinations In November 2024, Rubberworking Machinery were exported mostly to United States (£3.33M), Germany (£2.71M), Algeria (£2.03M), China (£1.77M), and Turkey (£1.55M), and were imported mostly from Italy (£9.34M), Germany (£6.86M), France (£4.83M), Austria (£4.55M), and United States (£1.53M).

Growth In November 2024, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to United States (£-2.17M or -55.9%), China (£-1.14M or -55.5%), and Germany (£-1.01M or -57%). In November 2024, the increase in Rubberworking Machinery's year-by-year imports was explained primarily by an increase in imports from United States (£4.82M or 346%), Germany (£4.82M or 86.3%), and Italy (£1.99M or 61.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-3.01M(-13.3%)
IMPORT GROWTH (November 2023 - November 2024)£5.85M(21.3%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£16.4M
MAIN DESTINATION (November 2024)United States£3.33M

This section shows Rubberworking Machinery'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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$245M
IMPORTS (2023)$463M
NET TRADE (2023)-$218M

In 2023, United Kingdom exported $245M in Rubberworking Machinery. The main destinations of United Kingdom exports on Rubberworking Machinery were United States ($45.3M), India ($23M), China ($20.2M), Germany ($20M), and Ireland ($13M).

In 2023, United Kingdom imported $463M in Rubberworking Machinery, mainly from Germany ($104M), Italy ($67.2M), China ($63.2M), Austria ($55.8M), and United States ($39.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Spain$4.36M (91.2%)
Poland$3.84M (88.8%)
Singapore$3.04M (91.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY United Kingdom WERE (2022 - 2023):
Germany-$15.8M (-44.2%)
Australia-$4.66M (-77%)
Czechia-$4.57M (-64.3%)
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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 Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, United Kingdom's main importing competitors in Rubberworking Machinery were:
United States $3.68B
China $3.11B
Mexico $1.64B

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.1M
TOP IMPORT POTENTIALChina+ $32.8M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $19.1M.   Rubberworking Machinery’s highest import potential is China with an import gap of $32.8M.

See methodology.

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