2022
Exports
$51MWorld Rnk 18 / 133
Flag Rnk 544 / 1216
2022
PRODUCT COMPLEXITY IN Weapons Parts and Accessories
0.47Rnk 374 / 1025
2022
Imports
$46.5MWorld Rnk 13 / 186
Flag Rnk 766 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $51M in Weapons Parts and Accessories, making it the 18th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 544th most exported product in United Kingdom. The main destination of Weapons Parts and Accessories exports from United Kingdom are: United States ($30M), Indonesia ($4.95M), Netherlands ($1.68M), Qatar ($1.53M), and Thailand ($1.44M).

The fastest growing export markets for Weapons Parts and Accessories of United Kingdom between 2021 and 2022 were Qatar ($1.52M), Netherlands ($1.46M), and United States ($1.45M).

Imports In 2022, United Kingdom imported $46.5M in Weapons Parts and Accessories, becoming the 13th largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 766th most imported product in United Kingdom. United Kingdom imports Weapons Parts and Accessories primarily from: United States ($18.8M), Germany ($6.28M), Italy ($4.77M), Chinese Taipei ($2.5M), and China ($2.1M).

The fastest growing import markets in Weapons Parts and Accessories for United Kingdom between 2021 and 2022 were Germany ($1.15M), China ($814k), and Hungary ($575k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-3.68M(-22.3%)
IMPORT GROWTH (July 2023 - July 2024)£1.81M(26.6%)
MAIN EXPORTER (July 2024)London Heathrow Airport£1.71M
MAIN DESTINATION (July 2024)Rest of the world£11.4M

This section shows Weapons Parts and Accessories'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 Weapons Parts and Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51M
IMPORTS (2022)$46.5M
NET TRADE (2022)$4.54M

In 2022, United Kingdom exported $51M in Weapons Parts and Accessories. The main destinations of United Kingdom exports on Weapons Parts and Accessories were United States ($30M), Indonesia ($4.95M), Netherlands ($1.68M), Qatar ($1.53M), and Thailand ($1.44M).

In 2022, United Kingdom imported $46.5M in Weapons Parts and Accessories, mainly from United States ($18.8M), Germany ($6.28M), Italy ($4.77M), Chinese Taipei ($2.5M), and China ($2.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons Parts and Accessories EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Qatar$1.52M (15.8k%)
Netherlands$1.46M (655%)
United States$1.45M (5.07%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons Parts and Accessories BY United Kingdom WERE (2021 - 2022):
Thailand-$7.64M (-84.2%)
India-$2.97M (-98.6%)
Germany-$1.6M (-57.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Weapons Parts and Accessories were:
In 2022, United Kingdom's main importing competitors in Weapons Parts and Accessories were:

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Trade Value of Weapons Parts and Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.57M
TOP IMPORT POTENTIALGermany+ $3.28M

Weapons Parts and Accessories’s highest export potential is Germany. With an export gap of $1.57M.   Weapons Parts and Accessories’s highest import potential is Germany with an import gap of $3.28M.

See methodology.

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