HS Icon Vehicles and their parts in  Flag United Kingdom

2019
Exports | Imports
: $51.1B | $75.9B, World Rnk 10 / 225
Flag Rnk 2 / 96 | World Rnk 3 / 225
Flag Rnk 2 / 96

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $244M | $606M, Slovakia |  Netherlands

2019
ECONOMIC COMPLEXITY of United Kingdom
: 1.49, Rnk 14 / 147

2019
PRODUCT COMPLEXITY  IN Vehicles and their parts
: 1.43, Rnk 7 / 96

Exports: In 2019, United Kingdom exported $51.1B in Vehicles and their parts, making it the 10th largest exporter of Vehicles and their parts in the world. At the same year, Vehicles and their parts was the 2nd most exported product in United Kingdom. The main destination of Vehicles and their parts exports from United Kingdom are: United States ($11.2B), Germany ($4.52B), China ($3.9B), Belgium ($3.39B), and France ($2.51B).

The fastest growing export markets for Vehicles and their parts of United Kingdom between 2018 and 2019 were Slovakia ($244M), United States ($206M), and Israel ($113M).

Imports: In 2019, United Kingdom imported $75.9B in Vehicles and their parts, becoming the 3rd largest importer of Vehicles and their parts in the world. At the same year, Vehicles and their parts was the 2nd most imported product in United Kingdom. United Kingdom imports Vehicles and their parts primarily from: Germany ($24.4B), Belgium ($9.2B), Spain ($5.99B), France ($4.63B), and Japan ($3.3B).

The fastest growing import markets in Vehicles and their parts for United Kingdom between 2018 and 2019 were Netherlands ($606M), Spain ($300M), and Slovakia ($227M).

Latest Trends (April 2021)

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Overview: In April 2021 United Kingdom's Vehicles and their parts exports accounted up to £2.64B and imports accounted up to £3.51B, resulting in a negative trade balance of £870M. Between April 2020 and April 2021 the exports of United Kingdom's   Vehicles and their parts have increased by £2.03B (336%) from £606M to £2.64B, while imports increased by £2.71B (336%) from £805M to £3.51B.

Destinations: In April 2021, Vehicles and their parts were exported mostly to United States (£462M), China (£341M), Germany (£223M), Belgium (£144M), and France (£144M), and were imported mostly from Germany (£1.31B), Belgium (£285M), Turkey (£218M), France (£173M), and Italy (£152M).

Growth: In April 2021, the increase in Vehicles and their parts's year-by-year exports was explained primarily by an increase in exports to United States (£372M or 414%), China (£281M or 473%), and Germany (£169M or 315%). In April 2021, the increase in Vehicles and their parts's year-by-year imports was explained primarily by an increase in imports from Germany (£1.13B or 609%), Turkey (£181M or 479%), and Belgium (£167M or 141%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): £2.03B, (336%)

IMPORT GROWTH (April 2020 - April 2021): £2.71B, (336%)

MAIN EXPORTER (April 2021): Southampton, £1.05B

MAIN DESTINATION (April 2021): United States, £462M

This section shows Vehicles and their parts'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 Vehicles and their parts over time.

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Historical Data

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Value

EXPORTS (2019): $51.1B

IMPORTS (2019): $75.9B

NET TRADE (2019): -$24.7B

In 2019, United Kingdom exported $51.1B in Vehicles and their parts. The main destinations of United Kingdom exports on Vehicles and their parts were United States ($11.2B), Germany ($4.52B), China ($3.9B), Belgium ($3.39B), and France ($2.51B).

In 2019, United Kingdom imported $75.9B in Vehicles and their parts, mainly from Germany ($24.4B), Belgium ($9.2B), Spain ($5.99B), France ($4.63B), and Japan ($3.3B).

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IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Vehicles and their parts WITH:

IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Vehicles and their parts WITH:

Flow

THE FASTEST GROWING Vehicles and their parts EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicles and their parts BY United Kingdom WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Vehicles and their parts were:

In 2018, United Kingdom's main importing competitors in Vehicles and their parts were:

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