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2023
Exports $104MWorld Rnk 22 / 151
Flag Rnk 382 / 1216
2023
Destination $5.15M Ireland
2022 - 2023
FASTEST GROWING MARKET $5.15MTurkey
2023
PRODUCT COMPLEXITY IN Buses0.24Rnk 481 / 1025
2023
Imports $440MWorld Rnk 10 / 212
Flag Rnk 269 / 1214
2023
Origin $79.2M Turkey
2022 - 2023
FASTEST GROWING ORIGIN $79.2MTurkey
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $104M in Buses, making it the 22nd largest exporter of Buses in the world. At the same year, Buses was the 382nd most exported product in United Kingdom. The main destination of Buses exports from United Kingdom are: Ireland ($49.2M), Germany ($32.4M), Turkey ($5.67M), Morocco ($1.54M), and Malta ($1.23M).

The fastest growing export markets for Buses of United Kingdom between 2022 and 2023 were Turkey ($5.15M), Morocco ($1.54M), and Slovakia ($934k).

Imports In 2023, United Kingdom imported $440M in Buses, becoming the 10th largest importer of Buses in the world. At the same year, Buses was the 269th most imported product in United Kingdom. United Kingdom imports Buses primarily from: Turkey ($150M), China ($67.4M), Egypt ($64.4M), Spain ($42.3M), and Portugal ($39.7M).

The fastest growing import markets in Buses for United Kingdom between 2022 and 2023 were Turkey ($79.2M), Portugal ($32.4M), and China ($31.3M).

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

November 2024

About

Overview In November 2024 United Kingdom's Buses exports accounted up to £6.18M and imports accounted up to £88.9M, resulting in a negative trade balance of £82.7M. Between November 2023 and November 2024 the exports of United Kingdom's   Buses have decreased by £-9.55M (-60.7%) from £15.7M to £6.18M, while imports increased by £63.7M (253%) from £25.2M to £88.9M.

Destinations In November 2024, Buses were exported mostly to Germany (£3.37M), Ireland (£1.67M), Turkey (£405k), Malta (£273k), and New Zealand (£95k), and were imported mostly from Egypt (£21.2M), Turkey (£20.8M), China (£17.1M), France (£7.05M), and Spain (£6.51M).

Growth In November 2024, the decrease in Buses's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-358k or -83.6%), Tanzania (£-76.2k or -78.4%), and New Zealand (£-971 or -6.08%). In November 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 (November 2023 - November 2024)£-9.55M(-60.7%)
IMPORT GROWTH (November 2023 - November 2024)£63.7M(253%)
MAIN EXPORTER (November 2024)Immingham£7.67M
MAIN DESTINATION (November 2024)Germany£3.37M

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 (2023)$104M
IMPORTS (2023)$440M
NET TRADE (2023)-$336M

In 2023, United Kingdom exported $104M in Buses. The main destinations of United Kingdom exports on Buses were Ireland ($49.2M), Germany ($32.4M), Turkey ($5.67M), Morocco ($1.54M), and Malta ($1.23M).

In 2023, United Kingdom imported $440M in Buses, mainly from Turkey ($150M), China ($67.4M), Egypt ($64.4M), Spain ($42.3M), and Portugal ($39.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Turkey$5.15M (992%)
Morocco$1.54M (1%)
Slovakia$934k (814%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY United Kingdom WERE (2022 - 2023):
Nicaragua-$49.9M (-100%)
Germany-$43.6M (-57.4%)
Ireland-$11.9M (-19.5%)
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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 Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, United Kingdom's main importing competitors in Buses were:
Germany $1.37B
Italy $1.34B
United States $1.17B

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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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