Tractors in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $1.82B in Tractors, making it the 12th largest exporter of Tractors in the world. At the same year, Tractors was the 42nd most exported product in United Kingdom. The main destination of Tractors exports from United Kingdom are: United States ($313M), Belgium ($242M), France ($214M), Ireland ($110M), and Australia ($76.2M).

Imports In 2022, United Kingdom imported $2.86B in Tractors, becoming the 7th largest importer of Tractors in the world. At the same year, Tractors was the 40th most imported product in United Kingdom. United Kingdom imports Tractors primarily from: Germany ($838M), Netherlands ($599M), France ($397M), Belgium ($209M), and Sweden ($172M).

The fastest growing import markets in Tractors for United Kingdom between 2021 and 2022 were Netherlands ($240M), Spain ($38.7M), and Poland ($34.3M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Tractors from United Kingdom to the United States.

Latest Trends

January 2024

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Overview In January 2024 United Kingdom's Tractors exports accounted up to £113M and imports accounted up to £206M, resulting in a negative trade balance of £92.9M. Between January 2023 and January 2024 the exports of United Kingdom's Tractors have increased by £16.4M (17%) from £96.8M to £113M, while imports decreased by £-46.9M (-18.5%) from £253M to £206M.

Destinations In January 2024, Tractors were exported mostly to South Africa (£14.9M), United States (£12.1M), Ireland (£10.9M), Belgium (£10.2M), and France (£8.17M), and were imported mostly from Germany (£45.5M), France (£39.2M), Belgium (£33.3M), Sweden (£29M), and Netherlands (£20.3M).

Growth In January 2024, the increase in Tractors's year-by-year exports was explained primarily by an increase in exports to United States (£7.32M or 136%), Germany (£6.75M or 1.01k%), and France (£6.37M or 232%). In January 2024, the decrease in Tractors's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-7M or -16.7%), Poland (£-3.77M or -44.2%), and Austria (£-1.51M or -20.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£16.4M(17%)

IMPORT GROWTH (January 2023 - January 2024)£-46.9M(-18.5%)

MAIN EXPORTER (January 2024)Southampton£35.5M

MAIN DESTINATION (January 2024)South Africa£14.9M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.82B

IMPORTS (2022)$2.86B

NET TRADE (2022)-$1.04B

In 2022, United Kingdom exported $1.82B in Tractors. The main destinations of United Kingdom exports on Tractors were United States ($313M), Belgium ($242M), France ($214M), Ireland ($110M), and Australia ($76.2M).

In 2022, United Kingdom imported $2.86B in Tractors, mainly from Germany ($838M), Netherlands ($599M), France ($397M), Belgium ($209M), and Sweden ($172M).

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