Other Heating Machinery in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.23B in Other Heating Machinery, making it the 10th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 64th most exported product in United Kingdom. The main destination of Other Heating Machinery exports from United Kingdom are: United States ($259M), France ($119M), Germany ($89.7M), Netherlands ($53.5M), and Ireland ($45.9M).

The fastest growing export markets for Other Heating Machinery of United Kingdom between 2021 and 2022 were United States ($107M), France ($71.3M), and Poland ($29.2M).

Imports In 2022, United Kingdom imported $1.38B in Other Heating Machinery, becoming the 7th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 97th most imported product in United Kingdom. United Kingdom imports Other Heating Machinery primarily from: Germany ($214M), United States ($203M), Italy ($161M), China ($126M), and France ($82.1M).

The fastest growing import markets in Other Heating Machinery for United Kingdom between 2021 and 2022 were France ($22M), United Kingdom ($22M), and United States ($22M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1) and O&M HALYARD, INC. (1) were at the forefront of shipping Other Heating Machinery from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Other Heating Machinery exports accounted up to £76.7M and imports accounted up to £107M, resulting in a negative trade balance of £29.8M. Between February 2023 and February 2024 the exports of United Kingdom's Other Heating Machinery have decreased by £-8.66M (-10.1%) from £85.3M to £76.7M, while imports decreased by £-3.48M (-3.17%) from £110M to £107M.

Destinations In February 2024, Other Heating Machinery were exported mostly to United States (£15.6M), Nigeria (£7.94M), Germany (£4.86M), Ireland (£4.62M), and Canada (£4.56M), and were imported mostly from Germany (£20.4M), France (£12.5M), Italy (£10.7M), United States (£9.9M), and Netherlands (£8.3M).

Growth In February 2024, the decrease in Other Heating Machinery's year-by-year exports was explained primarily by a decrease in exports to Egypt (£-13M or -99.5%), Australia (£-2.82M or -81.7%), and India (£-1.91M or -66%). In February 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from France (£-2.65M or -29.3%), Malaysia (£-1.95M or -46.9%), and Netherlands (£-1.63M or -21.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-8.66M(-10.1%)

IMPORT GROWTH (February 2023 - February 2024)£-3.48M(-3.17%)

MAIN EXPORTER (February 2024)London Heathrow Airport£13M

MAIN DESTINATION (February 2024)United States£15.6M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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