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2022
Exports $1.26BWorld Rnk 14 / 223
Flag Rnk 61 / 1216
2022
Destination $18.2M United States
2021 - 2022
FASTEST GROWING MARKET $18.2MNetherlands
2022
PRODUCT COMPLEXITY IN Engine Parts0.92Rnk 203 / 1025
2022
Imports $2.83BWorld Rnk 5 / 224
Flag Rnk 42 / 1214
2022
Origin $46.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $46.4MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.26B in Engine Parts, making it the 14th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 61st most exported product in United Kingdom. The main destination of Engine Parts exports from United Kingdom are: United States ($178M), Sweden ($126M), Germany ($94.2M), France ($80.5M), and Netherlands ($75M).

The fastest growing export markets for Engine Parts of United Kingdom between 2021 and 2022 were Netherlands ($18.2M), United Kingdom ($16.9M), and United States ($8.47M).

Imports In 2022, United Kingdom imported $2.83B in Engine Parts, becoming the 5th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 42nd most imported product in United Kingdom. United Kingdom imports Engine Parts primarily from: Germany ($959M), China ($249M), India ($164M), France ($163M), and Turkey ($141M).

The fastest growing import markets in Engine Parts for United Kingdom between 2021 and 2022 were China ($46.4M), France ($45.8M), and Turkey ($38.8M).

COMPANIES In 2023, leading companies such as Rolls-Royce (44), Robert Bosch (11), and Amazon (1) were at the forefront of shipping Engine Parts from United Kingdom to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Engine Parts exports accounted up to £104M and imports accounted up to £256M, resulting in a negative trade balance of £152M. Between October 2023 and October 2024 the exports of United Kingdom's   Engine Parts have increased by £4.9M (4.94%) from £99.2M to £104M, while imports decreased by £-64.2M (-20.1%) from £320M to £256M.

Destinations In October 2024, Engine Parts were exported mostly to United States (£10.4M), France (£8.2M), Sweden (£7.89M), China (£6.86M), and Germany (£6.82M), and were imported mostly from Germany (£98.4M), China (£27.7M), Netherlands (£11.7M), United States (£11.7M), and France (£11.6M).

Growth In October 2024, the increase in Engine Parts's year-by-year exports was explained primarily by an increase in exports to Sweden (£3.63M or 55.2%), Netherlands (£3.11M or 140%), and Romania (£2.58M or 357%). In October 2024, the decrease in Engine Parts's year-by-year imports was explained primarily by a decrease in imports from Germany (£-11.3M or -17.7%), France (£-2.85M or -21.8%), and Netherlands (£-685k or -10.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)£4.9M(4.94%)
IMPORT GROWTH (October 2023 - October 2024)£-64.2M(-20.1%)
MAIN EXPORTER (October 2024)Dover Eurotunnel£38.4M
MAIN DESTINATION (October 2024)United States£10.4M

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.26B
IMPORTS (2022)$2.83B
NET TRADE (2022)-$1.57B

In 2022, United Kingdom exported $1.26B in Engine Parts. The main destinations of United Kingdom exports on Engine Parts were United States ($178M), Sweden ($126M), Germany ($94.2M), France ($80.5M), and Netherlands ($75M).

In 2022, United Kingdom imported $2.83B in Engine Parts, mainly from Germany ($959M), China ($249M), India ($164M), France ($163M), and Turkey ($141M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$18.2M (31.9%)
United Kingdom$16.9M (408%)
United States$8.47M (4.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY United Kingdom WERE (2021 - 2022):
Germany-$25.9M (-21.6%)
Brazil-$16.1M (-41.9%)
China-$13.3M (-15.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Engine Parts were:
Germany $13B
China $7.96B
Japan $6.08B
In 2022, United Kingdom's main importing competitors in Engine Parts were:
United States $13.5B
Germany $5.9B
Mexico $3.67B

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $86.9M
TOP IMPORT POTENTIALChina+ $104M

Engine Parts’s highest export potential is United States. With an export gap of $86.9M.   Engine Parts’s highest import potential is China with an import gap of $104M.

See methodology.

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