Overview In January 2023 United Kingdom's Soil Preparation Machinery exports accounted up to £8.43M and imports accounted up to £20.7M, resulting in a negative trade balance of £12.3M. Between January 2022 and January 2023 the exports of United Kingdom's Soil Preparation Machinery have increased by £2.74M (48%) from £5.69M to £8.43M, while imports decreased by £-5.88M (-22.1%) from £26.6M to £20.7M.
Destinations In January 2023, Soil Preparation Machinery were exported mostly to France (£1.16M), Germany (£1.13M), Ireland (£1.1M), United States (£836k), and Australia (£692k), and were imported mostly from Germany (£4.44M), France (£2.71M), Denmark (£2.13M), Netherlands (£1.69M), and Sweden (£1.64M).
Growth In January 2023, the increase in Soil Preparation Machinery's year-by-year exports was explained primarily by an increase in exports to Ireland (£569k or 792%), Australia (£357k or 416%), and Netherlands (£255k or 342%). In January 2023, the decrease in Soil Preparation Machinery's year-by-year imports was explained primarily by a decrease in imports from Poland (£-103k or -33.9%), Norway (£-96.9k or -26.1%), and Italy (£-9.64k or -0.89%).