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2022
Exports $26.4MWorld Rnk 10 / 128
Flag Rnk 688 / 1216
2022
Destination $762k United States
2021 - 2022
FASTEST GROWING MARKET $762kIsrael
2022
PRODUCT COMPLEXITY IN Book-binding Machines0.87Rnk 220 / 1025
2022
Imports $28.7MWorld Rnk 7 / 203
Flag Rnk 854 / 1214
2022
Origin $781k Germany
2021 - 2022
FASTEST GROWING ORIGIN $781kIndia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $26.4M in Book-binding Machines, making it the 10th largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 688th most exported product in United Kingdom. The main destination of Book-binding Machines exports from United Kingdom are: United States ($7.6M), Germany ($2.1M), Netherlands ($1.79M), Hong Kong ($1.05M), and Ireland ($1.01M).

The fastest growing export markets for Book-binding Machines of United Kingdom between 2021 and 2022 were Israel ($762k), Germany ($739k), and United Arab Emirates ($639k).

Imports In 2022, United Kingdom imported $28.7M in Book-binding Machines, becoming the 7th largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 854th most imported product in United Kingdom. United Kingdom imports Book-binding Machines primarily from: Germany ($7.05M), Switzerland ($5.53M), Japan ($4.7M), Italy ($2.02M), and China ($1.14M).

The fastest growing import markets in Book-binding Machines for United Kingdom between 2021 and 2022 were India ($781k), Japan ($702k), and United Kingdom ($478k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Book-binding Machines from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Book-binding Machines exports accounted up to £2.75M and imports accounted up to £2.36M, resulting in a positive trade balance of £389k. Between September 2023 and September 2024 the exports of United Kingdom's   Book-binding Machines have increased by £721k (35.6%) from £2.03M to £2.75M, while imports increased by £319k (15.6%) from £2.04M to £2.36M.

Destinations In September 2024, Book-binding Machines were exported mostly to India (£888k), Israel (£310k), Singapore (£279k), United States (£259k), and Kazakhstan (£133k), and were imported mostly from Switzerland (£637k), Japan (£427k), Latvia (£354k), Italy (£328k), and Slovakia (£213k).

Growth In September 2024, the increase in Book-binding Machines's year-by-year exports was explained primarily by an increase in exports to Germany (£136k or 418%), France (£116k or 419%), and Latvia (£78.6k or 363%). In September 2024, the increase in Book-binding Machines's year-by-year imports was explained primarily by an increase in imports from United States (£552k or 410%), Germany (£244k or 142%), and Latvia (£136k or 614%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£721k(35.6%)
IMPORT GROWTH (September 2023 - September 2024)£319k(15.6%)
MAIN EXPORTER (September 2024)London Gateway£948k
MAIN DESTINATION (September 2024)India£888k

This section shows Book-binding Machines'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 Book-binding Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.4M
IMPORTS (2022)$28.7M
NET TRADE (2022)-$2.31M

In 2022, United Kingdom exported $26.4M in Book-binding Machines. The main destinations of United Kingdom exports on Book-binding Machines were United States ($7.6M), Germany ($2.1M), Netherlands ($1.79M), Hong Kong ($1.05M), and Ireland ($1.01M).

In 2022, United Kingdom imported $28.7M in Book-binding Machines, mainly from Germany ($7.05M), Switzerland ($5.53M), Japan ($4.7M), Italy ($2.02M), and China ($1.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Book-binding Machines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Israel$762k (355%)
Germany$739k (54.3%)
United Arab Emirates$639k (815%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Book-binding Machines BY United Kingdom WERE (2021 - 2022):
United States-$1.09M (-12.5%)
Netherlands-$831k (-31.7%)
France-$788k (-50.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Book-binding Machines were:
Germany $210M
Switzerland $98.9M
Japan $70M
In 2022, United Kingdom's main importing competitors in Book-binding Machines were:
United States $203M
Germany $63M
Netherlands $54.4M

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Trade Value of Book-binding Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $810k
TOP IMPORT POTENTIALGermany+ $1.12M

Book-binding Machines’s highest export potential is Germany. With an export gap of $810k.   Book-binding Machines’s highest import potential is Germany with an import gap of $1.12M.

See methodology.

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