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Pricing

2022
Exports $1.25MWorld Rnk 26 / 73
Flag Rnk 1099 / 1216
2022
Destination $634k Ireland
2021 - 2022
FASTEST GROWING MARKET $634kIreland
2022
Imports $9.05MWorld Rnk 6 / 122
Flag Rnk 1019 / 1214
2022
Origin $504k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $504kGabon
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.25M in Railroad Ties, making it the 26th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 1099th most exported product in United Kingdom. The main destination of Railroad Ties exports from United Kingdom are: Ireland ($886k), Norway ($158k), United Kingdom ($67.6k), New Zealand ($42.4k), and Netherlands ($36.3k).

The fastest growing export markets for Railroad Ties of United Kingdom between 2021 and 2022 were Ireland ($634k), United Kingdom ($67.6k), and Norway ($52.2k).

Imports In 2022, United Kingdom imported $9.05M in Railroad Ties, becoming the 6th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 1019th most imported product in United Kingdom. United Kingdom imports Railroad Ties primarily from: Belgium ($3.35M), Latvia ($831k), Netherlands ($718k), Germany ($558k), and Brazil ($507k).

The fastest growing import markets in Railroad Ties for United Kingdom between 2021 and 2022 were Gabon ($504k), Democratic Republic of the Congo ($442k), and Romania ($358k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Railroad Ties exports accounted up to £53.6k and imports accounted up to £211k, resulting in a negative trade balance of £157k. Between August 2023 and September 2024 the exports of United Kingdom's   Railroad Ties have increased by £23.7k (79.4%) from £29.9k to £53.6k, while imports decreased by £-484k (-69.7%) from £695k to £211k.

Destinations In September 2024, Railroad Ties were exported mostly to Ireland (£43.6k) and Norway (£10.1k), and were imported mostly from Belgium (£162k), Poland (£29.9k), Romania (£11.8k), and Czechia (£7.38k).

Growth In September 2024, the increase in Railroad Ties's year-by-year exports was explained primarily by an increase in exports to N/A. In September 2024, the decrease in Railroad Ties's year-by-year imports was explained primarily by a decrease in imports from Germany (£-553 or -10.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - September 2024)£23.7k(79.4%)
IMPORT GROWTH (September 2023 - September 2024)£-484k(-69.7%)
MAIN EXPORTER (September 2024)Felixstowe£135k
MAIN DESTINATION (September 2024)Ireland£43.6k

This section shows Railroad Ties'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 Railroad Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.25M
IMPORTS (2022)$9.05M
NET TRADE (2022)-$7.8M

In 2022, United Kingdom exported $1.25M in Railroad Ties. The main destinations of United Kingdom exports on Railroad Ties were Ireland ($886k), Norway ($158k), United Kingdom ($67.6k), New Zealand ($42.4k), and Netherlands ($36.3k).

In 2022, United Kingdom imported $9.05M in Railroad Ties, mainly from Belgium ($3.35M), Latvia ($831k), Netherlands ($718k), Germany ($558k), and Brazil ($507k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$634k (251%)
United Kingdom$67.6k (1%)
Norway$52.2k (49.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY United Kingdom WERE (2021 - 2022):
New Zealand-$14.7k (-25.7%)
Belgium-$1.25k (-100%)
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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 Railroad Ties were:
United States $132M
France $46.5M
Belgium $30.4M
In 2022, United Kingdom's main importing competitors in Railroad Ties were:
Canada $112M
Netherlands $52.6M
Germany $20.9M

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Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $56k
TOP IMPORT POTENTIALFrance+ $387k

Railroad Ties’s highest export potential is Netherlands. With an export gap of $56k.   Railroad Ties’s highest import potential is France with an import gap of $387k.

See methodology.

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