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2022
Exports $191MWorld Rnk 17 / 152
Flag Rnk 286 / 1216
2022
Destination $74.5M Germany
2021 - 2022
FASTEST GROWING MARKET $74.5MGermany
2022
PRODUCT COMPLEXITY IN Buses0.074Rnk 528 / 1025
2022
Imports $233MWorld Rnk 17 / 217
Flag Rnk 417 / 1214
2022
Origin $37.5M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $37.5MEgypt
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $191M in Buses, making it the 17th largest exporter of Buses in the world. At the same year, Buses was the 286th most exported product in United Kingdom. The main destination of Buses exports from United Kingdom are: Germany ($76.3M), Nicaragua ($49.9M), Ireland ($36.1M), United Kingdom ($7.11M), and Portugal ($3.54M).

The fastest growing export markets for Buses of United Kingdom between 2021 and 2022 were Germany ($74.5M), Nicaragua ($49.9M), and United Kingdom ($7.07M).

Imports In 2022, United Kingdom imported $233M in Buses, becoming the 17th largest importer of Buses in the world. At the same year, Buses was the 417th most imported product in United Kingdom. United Kingdom imports Buses primarily from: Turkey ($60.2M), China ($49.8M), Egypt ($44.5M), Portugal ($20.1M), and Spain ($16.7M).

The fastest growing import markets in Buses for United Kingdom between 2021 and 2022 were Egypt ($37.5M), Turkey ($34.3M), and Poland ($15.6M).

COMPANIES In 2023, leading companies such as John Deere (5) were at the forefront of shipping Buses from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Buses exports accounted up to £4.85M and imports accounted up to £66.7M, resulting in a negative trade balance of £61.9M. Between August 2023 and August 2024 the exports of United Kingdom's   Buses have increased by £223k (4.83%) from £4.63M to £4.85M, while imports increased by £33.9M (104%) from £32.8M to £66.7M.

Destinations In August 2024, Buses were exported mostly to Ireland (£3.67M), Australia (£379k), Falkland Islands (£184k), Turkey (£170k), and Germany (£168k), and were imported mostly from Turkey (£22.5M), China (£19.2M), Egypt (£12.1M), Spain (£3.68M), and Germany (£2.86M).

Growth In August 2024, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Germany (£3.13M or 19k%), Ireland (£1.91M or 23.2%), and Turkey (£525k or 13.1k%). In August 2024, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from Portugal (£3.6M or 878%), Hong Kong (£2.12M or 3.53k%), and Germany (£823k or 88.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£223k(4.83%)
IMPORT GROWTH (August 2023 - August 2024)£33.9M(104%)
MAIN EXPORTER (August 2024)Holyhead£4.79M
MAIN DESTINATION (August 2024)Ireland£3.67M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$191M
IMPORTS (2022)$233M
NET TRADE (2022)-$41.6M

In 2022, United Kingdom exported $191M in Buses. The main destinations of United Kingdom exports on Buses were Germany ($76.3M), Nicaragua ($49.9M), Ireland ($36.1M), United Kingdom ($7.11M), and Portugal ($3.54M).

In 2022, United Kingdom imported $233M in Buses, mainly from Turkey ($60.2M), China ($49.8M), Egypt ($44.5M), Portugal ($20.1M), and Spain ($16.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$74.5M (4.17k%)
Nicaragua$49.9M (1%)
United Kingdom$7.07M (21.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY United Kingdom WERE (2021 - 2022):
Ireland-$68.2M (-65.4%)
Spain-$4.83M (-84.3%)
Portugal-$3.33M (-48.4%)
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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 Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, United Kingdom's main importing competitors in Buses were:
Germany $1.12B
France $871M
United States $714M

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $2.86M
TOP IMPORT POTENTIALChina+ $13.4M

Buses’s highest export potential is Netherlands. With an export gap of $2.86M.   Buses’s highest import potential is China with an import gap of $13.4M.

See methodology.

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