2022
Exports
$62.1MWorld Rnk 7 / 197
Flag Rnk 491 / 1216
2022
PRODUCT COMPLEXITY IN Drafting Tools
1.71Rnk 23 / 1025
2022
Imports
$74.7MWorld Rnk 8 / 220
Flag Rnk 661 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

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 Amazon (1) were at the forefront of shipping Drafting Tools from United Kingdom to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£235k(5.83%)
IMPORT GROWTH (August 2023 - August 2024)£680k(15%)
MAIN EXPORTER (August 2024)East Midlands Airport£1.73M
MAIN DESTINATION (August 2024)United States£668k

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
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).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Singapore$2.07M (106%)
Turkey$1.24M (122%)
United Kingdom$729k (80.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY United Kingdom WERE (2021 - 2022):
United States-$2M (-18.6%)
Germany-$1.97M (-23.4%)
Morocco-$1.12M (-93.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Drafting Tools were:
In 2022, United Kingdom's main importing competitors in Drafting Tools were:

Explore Visualizations

Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.47M
TOP IMPORT POTENTIALChina+ $3M

Drafting Tools’s highest export potential is United States. With an export gap of $2.47M.   Drafting Tools’s highest import potential is China with an import gap of $3M.

See methodology.

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