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2023
Exports $2.97BWorld Rnk 9 / 224
Flag Rnk 23 / 1216
2023
Destination $108M United States
2022 - 2023
FASTEST GROWING MARKET $108MBelgium
2023
PRODUCT COMPLEXITY IN Centrifuges1.22Rnk 101 / 1025
2023
Imports $2.82BWorld Rnk 7 / 225
Flag Rnk 47 / 1214
2023
Origin $53.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $53.2MFrance
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $2.97B in Centrifuges, making it the 9th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 23rd most exported product in United Kingdom. The main destination of Centrifuges exports from United Kingdom are: United States ($483M), Germany ($355M), Belgium ($203M), China ($197M), and France ($156M).

The fastest growing export markets for Centrifuges of United Kingdom between 2022 and 2023 were Belgium ($108M), Germany ($27.6M), and France ($22.2M).

Imports In 2023, United Kingdom imported $2.82B in Centrifuges, becoming the 7th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 47th most imported product in United Kingdom. United Kingdom imports Centrifuges primarily from: Germany ($636M), United States ($454M), China ($247M), France ($162M), and Romania ($137M).

The fastest growing import markets in Centrifuges for United Kingdom between 2022 and 2023 were France ($53.2M), Czechia ($22.2M), and Poland ($16.1M).

COMPANIES In 2023, leading companies such as Parker (257), Amazon (5), and Intercontinental Packaging (5) were at the forefront of shipping Centrifuges from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Centrifuges exports accounted up to £182M and imports accounted up to £209M, resulting in a negative trade balance of £28M. Between November 2023 and November 2024 the exports of United Kingdom's   Centrifuges have decreased by £-19.7M (-9.8%) from £201M to £182M, while imports decreased by £-812k (-0.39%) from £210M to £209M.

Destinations In November 2024, Centrifuges were exported mostly to United States (£26.5M), Belgium (£25.5M), Germany (£18.7M), Netherlands (£10.2M), and South Korea (£9.15M), and were imported mostly from Germany (£49.1M), Romania (£20.7M), United States (£20M), China (£16.5M), and Netherlands (£15.2M).

Growth In November 2024, the decrease in Centrifuges's year-by-year exports was explained primarily by a decrease in exports to Russia (£-964k or -86%), Japan (£-482k or -8.86%), and Colombia (£-454k or -99.1%). In November 2024, the decrease in Centrifuges's year-by-year imports was explained primarily by a decrease in imports from Portugal (£-8.69M or -72.8%), Netherlands (£-4.88M or -30.1%), and China (£-4.31M or -22.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-19.7M(-9.8%)
IMPORT GROWTH (November 2023 - November 2024)£-812k(-0.39%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£61.8M
MAIN DESTINATION (November 2024)United States£26.5M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.97B
IMPORTS (2023)$2.82B
NET TRADE (2023)$154M

In 2023, United Kingdom exported $2.97B in Centrifuges. The main destinations of United Kingdom exports on Centrifuges were United States ($483M), Germany ($355M), Belgium ($203M), China ($197M), and France ($156M).

In 2023, United Kingdom imported $2.82B in Centrifuges, mainly from Germany ($636M), United States ($454M), China ($247M), France ($162M), and Romania ($137M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Belgium$108M (115%)
Germany$27.6M (8.43%)
France$22.2M (16.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY United Kingdom WERE (2022 - 2023):
United States-$26.9M (-5.27%)
Sweden-$15.9M (-27.9%)
Chinese Taipei-$14.9M (-28%)
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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 Centrifuges were:
Germany $14.1B
United States $12.4B
China $11.8B
In 2023, United Kingdom's main importing competitors in Centrifuges were:
United States $14.1B
Germany $7.79B
China $5.08B

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $128M
TOP IMPORT POTENTIALGermany+ $156M

Centrifuges’s highest export potential is United States. With an export gap of $128M.   Centrifuges’s highest import potential is Germany with an import gap of $156M.

See methodology.

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