Drafting Tools in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $62.1M in Drafting Tools, making it the 7th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 491st most exported product in United Kingdom. The main destination of Drafting Tools exports from United Kingdom are: United States ($8.78M), Germany ($6.45M), Singapore ($4.01M), France ($3.69M), and Ireland ($3.23M).

The fastest growing export markets for Drafting Tools of United Kingdom between 2021 and 2022 were Singapore ($2.07M), Turkey ($1.24M), and United Kingdom ($729k).

Imports In 2022, United Kingdom imported $74.7M in Drafting Tools, becoming the 8th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 661st most imported product in United Kingdom. United Kingdom imports Drafting Tools primarily from: China ($27.4M), United States ($12.3M), Thailand ($8.45M), Germany ($7.41M), and Japan ($2.62M).

The fastest growing import markets in Drafting Tools for United Kingdom between 2021 and 2022 were United States ($5.07M), Japan ($2.26M), and Germany ($841k).

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

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Drafting Tools exports accounted up to £3.94M and imports accounted up to £3.72M, resulting in a positive trade balance of £224k. Between January 2023 and January 2024 the exports of United Kingdom's Drafting Tools have increased by £349k (9.71%) from £3.59M to £3.94M, while imports decreased by £-519k (-12.2%) from £4.24M to £3.72M.

Destinations In January 2024, Drafting Tools were exported mostly to Germany (£572k), United States (£535k), Singapore (£491k), Ireland (£236k), and France (£203k), and were imported mostly from China (£1.12M), Germany (£513k), Thailand (£408k), United States (£337k), and France (£293k).

Growth In January 2024, the increase in Drafting Tools's year-by-year exports was explained primarily by an increase in exports to Ireland (£303k or 283%), United States (£260k or 58.3%), and United Arab Emirates (£166k or 414%). In January 2024, the decrease in Drafting Tools's year-by-year imports was explained primarily by a decrease in imports from China (£-1.42M or -52.9%), Thailand (£-119k or -24.3%), and Hong Kong (£-112k or -92.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£349k(9.71%)

IMPORT GROWTH (January 2023 - January 2024)£-519k(-12.2%)

MAIN EXPORTER (January 2024)East Midlands Airport£1.55M

MAIN DESTINATION (January 2024)Germany£572k

This section shows Drafting Tools'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 Drafting Tools over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$62.1M

IMPORTS (2022)$74.7M

NET TRADE (2022)-$12.7M

In 2022, United Kingdom exported $62.1M in Drafting Tools. The main destinations of United Kingdom exports on Drafting Tools were United States ($8.78M), Germany ($6.45M), Singapore ($4.01M), France ($3.69M), and Ireland ($3.23M).

In 2022, United Kingdom imported $74.7M in Drafting Tools, mainly from China ($27.4M), United States ($12.3M), Thailand ($8.45M), Germany ($7.41M), and Japan ($2.62M).

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