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2023
Exports $43.1MWorld Rnk 12 / 135
Flag Rnk 552 / 1216
2023
Destination $6.14M Netherlands
2022 - 2023
FASTEST GROWING MARKET $6.14MNetherlands
2023
PRODUCT COMPLEXITY IN Work Trucks0.67Rnk 298 / 1025
2023
Imports $171MWorld Rnk 2 / 211
Flag Rnk 468 / 1214
2023
Origin $24.8M Germany
2022 - 2023
FASTEST GROWING ORIGIN $24.8MGermany
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $43.1M in Work Trucks, making it the 12th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 552nd most exported product in United Kingdom. The main destination of Work Trucks exports from United Kingdom are: Netherlands ($7.86M), Belgium ($4.43M), United States ($4.27M), Ireland ($2.94M), and Germany ($2.04M).

The fastest growing export markets for Work Trucks of United Kingdom between 2022 and 2023 were Netherlands ($6.14M), Belgium ($1.97M), and Germany ($1.28M).

Imports In 2023, United Kingdom imported $171M in Work Trucks, becoming the 2nd largest importer of Work Trucks in the world. At the same year, Work Trucks was the 468th most imported product in United Kingdom. United Kingdom imports Work Trucks primarily from: Germany ($49.3M), Netherlands ($47.1M), China ($20.8M), United States ($19.9M), and France ($13.2M).

The fastest growing import markets in Work Trucks for United Kingdom between 2022 and 2023 were Germany ($24.8M), China ($13.9M), and France ($8.21M).

COMPANIES In 2023, leading companies such as TE Connectivity (1) were at the forefront of shipping Work Trucks from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Work Trucks exports accounted up to £4.63M and imports accounted up to £7.31M, resulting in a negative trade balance of £2.69M. Between November 2023 and November 2024 the exports of United Kingdom's   Work Trucks have increased by £992k (27.3%) from £3.63M to £4.63M, while imports decreased by £-9.78M (-57.2%) from £17.1M to £7.31M.

Destinations In November 2024, Work Trucks were exported mostly to Denmark (£2.56M), Iceland (£469k), Ireland (£292k), Japan (£150k), and Belgium (£116k), and were imported mostly from Netherlands (£2.72M), France (£1.89M), Belgium (£1.1M), Germany (£435k), and China (£378k).

Growth In November 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to Belgium (£2.62M or 11.5k%), Ireland (£794k or 1.94k%), and Malaysia (£527k or 3.92k%). In November 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from United States (£-691k or -83.6%) and Belgium (£-319k or -38.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£992k(27.3%)
IMPORT GROWTH (November 2023 - November 2024)£-9.78M(-57.2%)
MAIN EXPORTER (November 2024)Immingham£3.54M
MAIN DESTINATION (November 2024)Denmark£2.56M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$43.1M
IMPORTS (2023)$171M
NET TRADE (2023)-$128M

In 2023, United Kingdom exported $43.1M in Work Trucks. The main destinations of United Kingdom exports on Work Trucks were Netherlands ($7.86M), Belgium ($4.43M), United States ($4.27M), Ireland ($2.94M), and Germany ($2.04M).

In 2023, United Kingdom imported $171M in Work Trucks, mainly from Germany ($49.3M), Netherlands ($47.1M), China ($20.8M), United States ($19.9M), and France ($13.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Netherlands$6.14M (356%)
Belgium$1.97M (80.2%)
Germany$1.28M (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY United Kingdom WERE (2022 - 2023):
United States-$3.88M (-47.6%)
South Korea-$698k (-90.8%)
Finland-$652k (-72.1%)
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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 Work Trucks were:
Germany $300M
United States $292M
China $253M
In 2023, United Kingdom's main importing competitors in Work Trucks were:
United States $387M
Australia $128M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.11M
TOP IMPORT POTENTIALChina+ $2M

Work Trucks’s highest export potential is United States. With an export gap of $2.11M.   Work Trucks’s highest import potential is China with an import gap of $2M.

See methodology.

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