Tyne

Port in undefined

Exports (2019): £602M, Rnk 28/106

Top Destination (2019): £108M, Japan

Top Export (2019): £99.8M, Tubing,flexible, with/without fittings, iron or steel

Imports (2019): £1.24B, Rnk 27/106

Top Origin (2019): £565M, Japan

Top Import (2019): £226M, Wood: for fuel, sawdust and wood...

Economic Complexity (2019): 0.3, Rnk 21 / 106

Overview: This page contains the latest international trade data for Tyne, including export and import data.

Exports: In 2019, undefined's Tyne exported £602M, making it the 28th largest exporter out of the 106 exporters in undefined. In 2019 the top exports of Tyne were Tubing,flexible, with/without fittings, iron or steel (£99.8M), Insulated electric conductors: for a voltage... (£75.1M), Ferrous waste or scrap, nes (£61.2M), Electrical machines and apparatus: having individual... (£40.9M), and Boxes, cases, crates etc. of plastic (£21M).

Imports: In 2019, undefined's Tyne imported £1.24B, making it the 27th largest importer out of the 106 importers in undefined. In 2019 top imports of Tyne were Wood: for fuel, sawdust and wood... (£226M), Shovels and excavators with revolving superstructure (£202M), Parts of electric accumulators, including separators (£133M), Self-propelled railway cars, external electric power (£101M), and Electric accumulators: lithium-ion, including separators, whether... (£99.6M).

Economic Complexity: In 2019, the highest complexity exports of Tyne according to the product complexity index (PCI) are Iron Fasteners (1.66), Transmissions (1.49), Valves (1.48), Lubricating Products (1.47), and Other Measuring Instruments (1.44). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value

Top Destination (2019): Japan, £108M

Top Product (2019): Tubing,flexible, with/without fittings, iron or steel, £99.8M

In 2019 the top export destinations of Tyne were Japan (£108M), Brazil (£88.7M), India (£81.2M), China (£48.7M), and Norway (£36.5M).

In 2019 the top exports of Tyne were Tubing,flexible, with/without fittings, iron or steel (£99.8M), Insulated electric conductors: for a voltage... (£75.1M), Ferrous waste or scrap, nes (£61.2M), Electrical machines and apparatus: having individual... (£40.9M), and Boxes, cases, crates etc. of plastic (£21M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Value

Top Origin (2019): Japan, £565M

Top Import (2019): Wood: for fuel, sawdust and wood..., £226M

In 2019 the top import origins of Tyne were Japan (£565M), United States (£223M), China (£118M), Canada (£73.5M), and Morocco (£52.6M).

In 2019 the top imports of Tyne were Wood: for fuel, sawdust and wood... (£226M), Shovels and excavators with revolving superstructure (£202M), Parts of electric accumulators, including separators (£133M), Self-propelled railway cars, external electric power (£101M), and Electric accumulators: lithium-ion, including separators, whether... (£99.6M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Tyne throughout time.

This section shows forecasts for total exports and imports from Tyne. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of N/A

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Tyne ranks 21st out of the 106 undefined in undefined according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Tyne it is in position 21st considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Tyne already has a comparative advantage, are led by Navigation Equipment (0.11), Electrical Power Accessories (0.11), Other Heating Machinery (0.11), Compounded Unvulcanised Rubber (0.11), and Iron Springs (0.11).

Most Complex Products by PCI

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The highest complexity exports of Tyne according to the product complexity index (PCI) are Iron Fasteners (1.66), Transmissions (1.49), Valves (1.48), Lubricating Products (1.47), and Other Measuring Instruments (1.44). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Flexible Metal Tubing (N/A), Small Iron Containers (66.1), Micro-Organism Culture Preparations (55), Scrap Iron (54.5), and Metal-Rolling Mills (35.6).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Tyne is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Tyne. These are products that tend to be co-exported with the products that Tyne exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth
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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.