Electric Motors in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $939M in Electric Motors, making it the 17th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 85th most exported product in United Kingdom. The main destination of Electric Motors exports from United Kingdom are: United States ($161M), Germany ($120M), United Kingdom ($74.6M), France ($54.5M), and Italy ($43.5M).

The fastest growing export markets for Electric Motors of United Kingdom between 2021 and 2022 were United Kingdom ($41.2M), United States ($22M), and South Korea ($19.8M).

Imports In 2022, United Kingdom imported $1.49B in Electric Motors, becoming the 13th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 91st most imported product in United Kingdom. United Kingdom imports Electric Motors primarily from: Germany ($255M), United States ($254M), China ($247M), Switzerland ($75.3M), and United Kingdom ($74.6M).

The fastest growing import markets in Electric Motors for United Kingdom between 2021 and 2022 were United States ($79.2M), United Kingdom ($41.2M), and China ($17.2M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (6), GOLDEN STATE FC LLC (3), and DOLE FRESH FRUIT COMPANY (2) were at the forefront of shipping Electric Motors from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Electric Motors exports accounted up to £55.9M and imports accounted up to £117M, resulting in a negative trade balance of £60.6M. Between February 2023 and February 2024 the exports of United Kingdom's Electric Motors have decreased by £-2.54M (-4.35%) from £58.4M to £55.9M, while imports decreased by £-5.39M (-4.42%) from £122M to £117M.

Destinations In February 2024, Electric Motors were exported mostly to United States (£9.82M), Germany (£8.63M), Italy (£4.43M), France (£3.89M), and Spain (£3.46M), and were imported mostly from United States (£18.7M), Germany (£18.1M), China (£17.2M), France (£12.5M), and Netherlands (£8.5M).

Growth In February 2024, the decrease in Electric Motors's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (£-660k or -55%), Estonia (£-644k or -97.1%), and South Africa (£-310k or -63.2%). In February 2024, the decrease in Electric Motors's year-by-year imports was explained primarily by a decrease in imports from Spain (£-2.78M or -56.7%), Hong Kong (£-2.45M or -56.5%), and Bahrain (£-1.3M or -99.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-2.54M(-4.35%)

IMPORT GROWTH (February 2023 - February 2024)£-5.39M(-4.42%)

MAIN EXPORTER (February 2024)London Heathrow Airport£19.3M

MAIN DESTINATION (February 2024)United States£9.82M

This section shows Electric Motors'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 Electric Motors over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download