Hydraulic Turbines in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $21.8M in Hydraulic Turbines, making it the 11th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 723rd most exported product in United Kingdom. The main destination of Hydraulic Turbines exports from United Kingdom are: United States ($3.92M), United Kingdom ($3.88M), France ($2.13M), United Arab Emirates ($1.77M), and Australia ($1.52M).

The fastest growing export markets for Hydraulic Turbines of United Kingdom between 2021 and 2022 were United Kingdom ($2.2M), Zimbabwe ($1.43M), and United States ($1.14M).

Imports In 2022, United Kingdom imported $14.9M in Hydraulic Turbines, becoming the 23rd largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 963rd most imported product in United Kingdom. United Kingdom imports Hydraulic Turbines primarily from: United Kingdom ($3.88M), United States ($2.68M), Italy ($1.61M), Germany ($1.27M), and Czechia ($1.07M).

The fastest growing import markets in Hydraulic Turbines for United Kingdom between 2021 and 2022 were United Kingdom ($2.2M), United Arab Emirates ($752k), and Italy ($691k).

COMPANIES In 2023, leading companies such as DANFOSS POWER SOLUTIONS II, LLC (11) were at the forefront of shipping Hydraulic Turbines from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Hydraulic Turbines exports accounted up to £778k and imports accounted up to £1.11M, resulting in a negative trade balance of £327k. Between January 2023 and January 2024 the exports of United Kingdom's Hydraulic Turbines have decreased by £-515k (-39.8%) from £1.29M to £778k, while imports increased by £653k (144%) from £453k to £1.11M.

Destinations In January 2024, Hydraulic Turbines were exported mostly to United States (£249k), Australia (£192k), Brazil (£148k), United Arab Emirates (£82.3k), and Netherlands (£71.7k), and were imported mostly from Germany (£838k), Spain (£148k), Canada (£50.8k), Czechia (£33.8k), and New Zealand (£7.52k).

Growth In January 2024, the decrease in Hydraulic Turbines's year-by-year exports was explained primarily by a decrease in exports to Spain (£-29k or -22%) and United Arab Emirates (£-8.48k or -8.24%). In January 2024, the increase in Hydraulic Turbines's year-by-year imports was explained primarily by an increase in imports from Canada (£34.5k or 179%), China (£28k or 126%), and France (£14.1k or 202%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-515k(-39.8%)

IMPORT GROWTH (January 2023 - January 2024)£653k(144%)

MAIN EXPORTER (January 2024)London Heathrow Airport£529k

MAIN DESTINATION (January 2024)United States£249k

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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