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2022
Exports $55.8MWorld Rnk 8 / 144
Flag Rnk 517 / 1216
2022
Destination $2.77M United States
2021 - 2022
FASTEST GROWING MARKET $2.77MGermany
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces1.17Rnk 112 / 1025
2022
Imports $72.7MWorld Rnk 10 / 209
Flag Rnk 667 / 1214
2022
Origin $2.48M Italy
2021 - 2022
FASTEST GROWING ORIGIN $2.48MDenmark
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $55.8M in Liquid Fuel Furnaces, making it the 8th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 517th most exported product in United Kingdom. The main destination of Liquid Fuel Furnaces exports from United Kingdom are: United States ($12.3M), Germany ($4.62M), South Africa ($2.95M), Ireland ($2.76M), and China ($1.86M).

The fastest growing export markets for Liquid Fuel Furnaces of United Kingdom between 2021 and 2022 were Germany ($2.77M), United States ($2.41M), and South Africa ($1.17M).

Imports In 2022, United Kingdom imported $72.7M in Liquid Fuel Furnaces, becoming the 10th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 667th most imported product in United Kingdom. United Kingdom imports Liquid Fuel Furnaces primarily from: Italy ($20.5M), Germany ($17.6M), Denmark ($8.17M), Poland ($3.87M), and United States ($3.53M).

The fastest growing import markets in Liquid Fuel Furnaces for United Kingdom between 2021 and 2022 were Denmark ($2.48M), Austria ($680k), and United Kingdom ($558k).

COMPANIES In 2023, leading companies such as BOEING (1) were at the forefront of shipping Liquid Fuel Furnaces from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Liquid Fuel Furnaces exports accounted up to £3.31M and imports accounted up to £5.79M, resulting in a negative trade balance of £2.48M. Between August 2023 and August 2024 the exports of United Kingdom's   Liquid Fuel Furnaces have decreased by £-948k (-22.3%) from £4.26M to £3.31M, while imports increased by £1.99M (52.5%) from £3.79M to £5.79M.

Destinations In August 2024, Liquid Fuel Furnaces were exported mostly to United States (£968k), Saudi Arabia (£264k), Germany (£221k), South Africa (£218k), and Bahrain (£206k), and were imported mostly from Germany (£1.95M), Italy (£992k), United States (£568k), Ireland (£329k), and Denmark (£315k).

Growth In August 2024, the decrease in Liquid Fuel Furnaces's year-by-year exports was explained primarily by a decrease in exports to Switzerland (£-199k or -80.5%), Saudi Arabia (£-166k or -66.1%), and Spain (£-95.4k or -88%). In August 2024, the increase in Liquid Fuel Furnaces's year-by-year imports was explained primarily by an increase in imports from France (£296k or 162%), Belgium (£168k or 138%), and Luxembourg (£112k or 889%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-948k(-22.3%)
IMPORT GROWTH (August 2023 - August 2024)£1.99M(52.5%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£2.72M
MAIN DESTINATION (August 2024)United States£968k

This section shows Liquid Fuel Furnaces'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 Liquid Fuel Furnaces over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.8M
IMPORTS (2022)$72.7M
NET TRADE (2022)-$16.9M

In 2022, United Kingdom exported $55.8M in Liquid Fuel Furnaces. The main destinations of United Kingdom exports on Liquid Fuel Furnaces were United States ($12.3M), Germany ($4.62M), South Africa ($2.95M), Ireland ($2.76M), and China ($1.86M).

In 2022, United Kingdom imported $72.7M in Liquid Fuel Furnaces, mainly from Italy ($20.5M), Germany ($17.6M), Denmark ($8.17M), Poland ($3.87M), and United States ($3.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$2.77M (150%)
United States$2.41M (24.3%)
South Africa$1.17M (65.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY United Kingdom WERE (2021 - 2022):
United Arab Emirates-$4.16M (-75.5%)
China-$809k (-30.3%)
Philippines-$652k (-84.8%)
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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 Liquid Fuel Furnaces were:
Germany $567M
Italy $423M
China $272M
In 2022, United Kingdom's main importing competitors in Liquid Fuel Furnaces were:
United States $219M
Germany $178M
China $138M

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.97M
TOP IMPORT POTENTIALGermany+ $3.6M

Liquid Fuel Furnaces’s highest export potential is Germany. With an export gap of $1.97M.   Liquid Fuel Furnaces’s highest import potential is Germany with an import gap of $3.6M.

See methodology.

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