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2023
Exports $13.7MWorld Rnk 15 / 124
Flag Rnk 775 / 1216
2023
Destination $1.25M United States
2022 - 2023
FASTEST GROWING MARKET $1.25MCzechia
2023
PRODUCT COMPLEXITY IN Hydraulic Turbines0.029Rnk 550 / 1025
2023
Imports $30.3MWorld Rnk 9 / 196
Flag Rnk 841 / 1214
2023
Origin $10.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $10.2MGermany
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $13.7M in Hydraulic Turbines, making it the 15th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 775th most exported product in United Kingdom. The main destination of Hydraulic Turbines exports from United Kingdom are: United States ($2.65M), Australia ($1.88M), Saudi Arabia ($1.57M), Czechia ($1.25M), and Brazil ($1.06M).

The fastest growing export markets for Hydraulic Turbines of United Kingdom between 2022 and 2023 were Czechia ($1.25M), Saudi Arabia ($1.08M), and Brazil ($927k).

Imports In 2023, United Kingdom imported $30.3M in Hydraulic Turbines, becoming the 9th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 841st most imported product in United Kingdom. United Kingdom imports Hydraulic Turbines primarily from: Germany ($11.5M), Netherlands ($6.6M), United States ($5.37M), Canada ($1.31M), and Sweden ($1.17M).

The fastest growing import markets in Hydraulic Turbines for United Kingdom between 2022 and 2023 were Germany ($10.2M), Netherlands ($6.18M), and Sweden ($1.17M).

COMPANIES In 2024, leading companies such as Danfoss (1) were at the forefront of shipping Hydraulic Turbines from United Kingdom to the United States.

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Hydraulic Turbines exports accounted up to £1.08M and imports accounted up to £2.93M, resulting in a negative trade balance of £1.85M. Between December 2023 and December 2024 the exports of United Kingdom's   Hydraulic Turbines have decreased by £-761k (-41.3%) from £1.84M to £1.08M, while imports increased by £2.04M (229%) from £890k to £2.93M.

Destinations In December 2024, Hydraulic Turbines were exported mostly to Spain (£627k), United States (£298k), Switzerland (£34.3k), Hong Kong (£30k), and Australia (£27.1k), and were imported mostly from Netherlands (£1.48M), United States (£563k), Portugal (£378k), Germany (£237k), and France (£233k).

Growth In December 2024, the decrease in Hydraulic Turbines's year-by-year exports was explained primarily by a decrease in exports to United States (£-33.1k or -11.7%), United Arab Emirates (£-12.2k or -12.9%), and Ireland (£-1.57k or -48.2%). In December 2024, the increase in Hydraulic Turbines's year-by-year imports was explained primarily by an increase in imports from Germany (£831k or 12.5k%), Czechia (£25.2k or 294%), and Spain (£24.6k or 19.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-761k(-41.3%)
IMPORT GROWTH (December 2023 - December 2024)£2.04M(229%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Spain£627k

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$13.7M
IMPORTS (2023)$30.3M
NET TRADE (2023)-$16.6M

In 2023, United Kingdom exported $13.7M in Hydraulic Turbines. The main destinations of United Kingdom exports on Hydraulic Turbines were United States ($2.65M), Australia ($1.88M), Saudi Arabia ($1.57M), Czechia ($1.25M), and Brazil ($1.06M).

In 2023, United Kingdom imported $30.3M in Hydraulic Turbines, mainly from Germany ($11.5M), Netherlands ($6.6M), United States ($5.37M), Canada ($1.31M), and Sweden ($1.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Czechia$1.25M (374k%)
Saudi Arabia$1.08M (217%)
Brazil$927k (720%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY United Kingdom WERE (2022 - 2023):
Zimbabwe-$1.43M (-100%)
Canada-$922k (-91.7%)
United Arab Emirates-$506k (-42.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Hydraulic Turbines were:
China $297M
Germany $95.3M
Italy $78.4M
In 2023, United Kingdom's main importing competitors in Hydraulic Turbines were:
United States $67.8M
Vietnam $56.8M
Austria $41.3M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $375k
TOP IMPORT POTENTIALChina+ $558k

Hydraulic Turbines’s highest export potential is France. With an export gap of $375k.   Hydraulic Turbines’s highest import potential is China with an import gap of $558k.

See methodology.

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