Motor vehicles; parts and accessories (8701 to 8705) in United Kingdom

About

Exports In 2023, United Kingdom exported $5.23B in Motor vehicles; parts and accessories (8701 to 8705), making it the 22nd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 11th most exported product in United Kingdom. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from United Kingdom are: Germany ($799M), United States ($518M), France ($499M), Slovakia ($370M), and Sweden ($284M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of United Kingdom between 2022 and 2023 were Slovakia ($118M), Spain ($64.8M), and Germany ($56.2M).

Imports In 2023, United Kingdom imported $13.1B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 9th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 9th most imported product in United Kingdom. United Kingdom imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($3.17B), Poland ($1.08B), Italy ($1.07B), France ($1.06B), and China ($956M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for United Kingdom between 2022 and 2023 were Germany ($305M), France ($258M), and Poland ($255M).

COMPANIES In 2023, leading companies such as Schaeffler Group (26), Volvo (17), and J.C. Bamford (10) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to £340M and imports accounted up to £888M, resulting in a negative trade balance of £548M. Between November 2023 and November 2024 the exports of United Kingdom's Motor vehicles; parts and accessories (8701 to 8705) have decreased by £-42.2M (-11%) from £382M to £340M, while imports decreased by £-90.5M (-9.26%) from £978M to £888M.

Destinations In November 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to United States (£44.3M), Germany (£43.6M), France (£34.3M), Slovakia (£28.3M), and Sweden (£18.2M), and were imported mostly from Germany (£241M), China (£77.1M), France (£69.5M), Belgium (£68.9M), and Netherlands (£68.7M).

Growth In November 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to Turkey (£-2.25M or -30.6%), Brazil (£-1.26M or -32.9%), and Denmark (£-578k or -43%). In November 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from Japan (£-24.9M or -61.7%), China (£-15.7M or -26.3%), and Turkey (£-8.02M or -29.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)£-42.2M(-11%)

IMPORT GROWTH (November 2023 - November 2024)£-90.5M(-9.26%)

MAIN EXPORTER (November 2024)Dover Eurotunnel£150M

MAIN DESTINATION (November 2024)United States£44.3M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

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