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2022
Exports $47.7MWorld Rnk 17 / 136
Flag Rnk 562 / 1216
2022
Destination $4.21M South Korea
2021 - 2022
FASTEST GROWING MARKET $4.21MSouth Korea
2022
PRODUCT COMPLEXITY IN Papermaking Machines1.4Rnk 70 / 1025
2022
Imports $77.5MWorld Rnk 19 / 192
Flag Rnk 649 / 1214
2022
Origin $2.58M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.58MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $47.7M in Papermaking Machines, making it the 17th largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 562nd most exported product in United Kingdom. The main destination of Papermaking Machines exports from United Kingdom are: South Korea ($6.16M), Germany ($4.94M), United States ($4.07M), France ($4.03M), and Italy ($3.76M).

The fastest growing export markets for Papermaking Machines of United Kingdom between 2021 and 2022 were South Korea ($4.21M), United Kingdom ($1.63M), and Netherlands ($850k).

Imports In 2022, United Kingdom imported $77.5M in Papermaking Machines, becoming the 19th largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 649th most imported product in United Kingdom. United Kingdom imports Papermaking Machines primarily from: Germany ($26.4M), Sweden ($11.2M), Italy ($9.07M), Finland ($6.51M), and United States ($3.1M).

The fastest growing import markets in Papermaking Machines for United Kingdom between 2021 and 2022 were Germany ($2.58M), Sweden ($2.23M), and United Kingdom ($1.63M).

COMPANIES In 2023, leading companies such as Haas Automation (19) were at the forefront of shipping Papermaking Machines from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Papermaking Machines exports accounted up to £2.42M and imports accounted up to £4.81M, resulting in a negative trade balance of £2.39M. Between September 2023 and September 2024 the exports of United Kingdom's   Papermaking Machines have decreased by £-362k (-13%) from £2.78M to £2.42M, while imports decreased by £-13.4M (-73.6%) from £18.2M to £4.81M.

Destinations In September 2024, Papermaking Machines were exported mostly to Malaysia (£424k), Germany (£241k), Finland (£226k), Italy (£193k), and Turkey (£164k), and were imported mostly from Germany (£1.44M), Finland (£1.3M), Italy (£509k), France (£277k), and Austria (£238k).

Growth In September 2024, the decrease in Papermaking Machines's year-by-year exports was explained primarily by a decrease in exports to France (£-517k or -85.2%), South Africa (£-238k or -78.2%), and Indonesia (£-120k or -67%). In September 2024, the decrease in Papermaking Machines's year-by-year imports was explained primarily by a decrease in imports from France (£-757k or -67%), Canada (£-702k or -99.8%), and Sweden (£-335k or -82.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-362k(-13%)
IMPORT GROWTH (September 2023 - September 2024)£-13.4M(-73.6%)
MAIN EXPORTER (September 2024)London Heathrow Airport£38.1M
MAIN DESTINATION (September 2024)Malaysia£424k

This section shows Papermaking Machines'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 Papermaking Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$47.7M
IMPORTS (2022)$77.5M
NET TRADE (2022)-$29.9M

In 2022, United Kingdom exported $47.7M in Papermaking Machines. The main destinations of United Kingdom exports on Papermaking Machines were South Korea ($6.16M), Germany ($4.94M), United States ($4.07M), France ($4.03M), and Italy ($3.76M).

In 2022, United Kingdom imported $77.5M in Papermaking Machines, mainly from Germany ($26.4M), Sweden ($11.2M), Italy ($9.07M), Finland ($6.51M), and United States ($3.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Papermaking Machines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
South Korea$4.21M (216%)
United Kingdom$1.63M (676%)
Netherlands$850k (60.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Papermaking Machines BY United Kingdom WERE (2021 - 2022):
Russia-$4.8M (-88.6%)
France-$3.1M (-43.5%)
Indonesia-$1.08M (-38.1%)
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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 Papermaking Machines were:
China $1.2B
Germany $1.05B
Finland $816M
In 2022, United Kingdom's main importing competitors in Papermaking Machines were:
China $741M
United States $583M
Germany $318M

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Trade Value of Papermaking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.85M
TOP IMPORT POTENTIALGermany+ $4.7M

Papermaking Machines’s highest export potential is United States. With an export gap of $2.85M.   Papermaking Machines’s highest import potential is Germany with an import gap of $4.7M.

See methodology.

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