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2022
Exports $38.9MWorld Rnk 8 / 130
Flag Rnk 604 / 1216
2022
Destination $1.58M United States
2021 - 2022
FASTEST GROWING MARKET $1.58MNetherlands
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines-0.19Rnk 613 / 1025
2022
Imports $8.67MWorld Rnk 34 / 175
Flag Rnk 1023 / 1214
2022
Origin $960k Czechia
2021 - 2022
FASTEST GROWING ORIGIN $960kUnited Kingdom
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $38.9M in Tobacco Processing Machines, making it the 8th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 604th most exported product in United Kingdom. The main destination of Tobacco Processing Machines exports from United Kingdom are: United States ($5.31M), Netherlands ($2.95M), Egypt ($2.62M), Indonesia ($2.48M), and Bangladesh ($2.19M).

The fastest growing export markets for Tobacco Processing Machines of United Kingdom between 2021 and 2022 were Netherlands ($1.58M), Bangladesh ($1.54M), and Vietnam ($1.15M).

Imports In 2022, United Kingdom imported $8.67M in Tobacco Processing Machines, becoming the 34th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 1023rd most imported product in United Kingdom. United Kingdom imports Tobacco Processing Machines primarily from: Czechia ($1.12M), United Kingdom ($1.02M), Germany ($887k), United States ($769k), and South Africa ($681k).

The fastest growing import markets in Tobacco Processing Machines for United Kingdom between 2021 and 2022 were United Kingdom ($960k), South Africa ($576k), and Slovakia ($524k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Tobacco Processing Machines exports accounted up to £2.91M and imports accounted up to £569k, resulting in a positive trade balance of £2.34M. Between June 2023 and June 2024 the exports of United Kingdom's   Tobacco Processing Machines have increased by £1.08M (58.8%) from £1.83M to £2.91M, while imports decreased by £-139k (-19.6%) from £708k to £569k.

Destinations In June 2024, Tobacco Processing Machines were exported mostly to Indonesia (£685k), United States (£620k), Egypt (£389k), Singapore (£287k), and China (£118k), and were imported mostly from Germany (£123k), South Africa (£101k), China (£90.5k), Czechia (£83.7k), and Switzerland (£60.1k).

Growth In June 2024, the increase in Tobacco Processing Machines's year-by-year exports was explained primarily by an increase in exports to Germany (£390k or 444%), Vietnam (£132k or 8.21k%), and Greece (£90.5k or 1.27k%). In June 2024, the decrease in Tobacco Processing Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (£-88k or -48%), Czechia (£-48.8k or -75.9%), and Italy (£-16.8k or -85.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£1.08M(58.8%)
IMPORT GROWTH (June 2023 - June 2024)£-139k(-19.6%)
MAIN EXPORTER (June 2024)London Heathrow Airport£7.97M
MAIN DESTINATION (June 2024)Indonesia£685k

This section shows Tobacco Processing 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 Tobacco Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.9M
IMPORTS (2022)$8.67M
NET TRADE (2022)$30.2M

In 2022, United Kingdom exported $38.9M in Tobacco Processing Machines. The main destinations of United Kingdom exports on Tobacco Processing Machines were United States ($5.31M), Netherlands ($2.95M), Egypt ($2.62M), Indonesia ($2.48M), and Bangladesh ($2.19M).

In 2022, United Kingdom imported $8.67M in Tobacco Processing Machines, mainly from Czechia ($1.12M), United Kingdom ($1.02M), Germany ($887k), United States ($769k), and South Africa ($681k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$1.58M (116%)
Bangladesh$1.54M (237%)
Vietnam$1.15M (3.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY United Kingdom WERE (2021 - 2022):
United States-$1.97M (-27.1%)
South Africa-$1.42M (-90.1%)
United Arab Emirates-$929k (-51.3%)
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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 Tobacco Processing Machines were:
Germany $358M
Italy $199M
Netherlands $77.9M
In 2022, United Kingdom's main importing competitors in Tobacco Processing Machines were:
Indonesia $97.3M
China $90.5M
United States $83.3M

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.03M
TOP IMPORT POTENTIALGermany+ $768k

Tobacco Processing Machines’s highest export potential is China. With an export gap of $1.03M.   Tobacco Processing Machines’s highest import potential is Germany with an import gap of $768k.

See methodology.

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