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2023
Exports $20.1MWorld Rnk 14 / 148
Flag Rnk 712 / 1216
2023
Destination $4.01M United States
2022 - 2023
FASTEST GROWING MARKET $4.01MSingapore
2023
PRODUCT COMPLEXITY IN Rolling Machines1.88Rnk 5 / 1025
2023
Imports $26.4MWorld Rnk 18 / 203
Flag Rnk 865 / 1214
2023
Origin $2.25M Italy
2022 - 2023
FASTEST GROWING ORIGIN $2.25MChina
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $20.1M in Rolling Machines, making it the 14th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 712th most exported product in United Kingdom. The main destination of Rolling Machines exports from United Kingdom are: United States ($4.74M), Singapore ($4.36M), China ($1.95M), Turkey ($1.77M), and Germany ($1.52M).

The fastest growing export markets for Rolling Machines of United Kingdom between 2022 and 2023 were Singapore ($4.01M), United States ($2.9M), and Turkey ($1.74M).

Imports In 2023, United Kingdom imported $26.4M in Rolling Machines, becoming the 18th largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 865th most imported product in United Kingdom. United Kingdom imports Rolling Machines primarily from: Italy ($7.41M), Germany ($5.88M), China ($4M), Spain ($1.9M), and India ($1.61M).

The fastest growing import markets in Rolling Machines for United Kingdom between 2022 and 2023 were China ($2.25M), Italy ($1.36M), and Germany ($804k).

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Rolling Machines exports accounted up to £250k and imports accounted up to £2.66M, resulting in a negative trade balance of £2.41M. Between December 2023 and December 2024 the exports of United Kingdom's   Rolling Machines have decreased by £-2.98M (-92.2%) from £3.23M to £250k, while imports increased by £1.33M (100%) from £1.33M to £2.66M.

Destinations In December 2024, Rolling Machines were exported mostly to Italy (£77.1k), Brazil (£32k), France (£30.3k), Germany (£22.9k), and Qatar (£22.8k), and were imported mostly from China (£1.37M), France (£487k), Turkey (£211k), Germany (£182k), and India (£166k).

Growth In December 2024, the decrease in Rolling Machines's year-by-year exports was explained primarily by a decrease in exports to United States (£-29.1k or -64.2%), India (£-3.1k or -17.9%), and Brazil (£-1.38k or -56.4%). In December 2024, the increase in Rolling Machines's year-by-year imports was explained primarily by an increase in imports from Italy (£250k or 129%), Switzerland (£17.9k or 122%), and Ireland (£10.5k or 113%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-2.98M(-92.2%)
IMPORT GROWTH (December 2023 - December 2024)£1.33M(100%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Italy£77.1k

This section shows Rolling 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 Rolling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$20.1M
IMPORTS (2023)$26.4M
NET TRADE (2023)-$6.26M

In 2023, United Kingdom exported $20.1M in Rolling Machines. The main destinations of United Kingdom exports on Rolling Machines were United States ($4.74M), Singapore ($4.36M), China ($1.95M), Turkey ($1.77M), and Germany ($1.52M).

In 2023, United Kingdom imported $26.4M in Rolling Machines, mainly from Italy ($7.41M), Germany ($5.88M), China ($4M), Spain ($1.9M), and India ($1.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Singapore$4.01M (1.15k%)
United States$2.9M (158%)
Turkey$1.74M (7.58k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY United Kingdom WERE (2022 - 2023):
Nigeria-$811k (-91.7%)
Australia-$384k (-92%)
Czechia-$364k (-94.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Rolling Machines were:
Germany $255M
China $243M
Italy $231M
In 2023, United Kingdom's main importing competitors in Rolling Machines were:
China $321M
United States $227M
Germany $81.5M

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $580k
TOP IMPORT POTENTIALGermany+ $1.29M

Rolling Machines’s highest export potential is United States. With an export gap of $580k.   Rolling Machines’s highest import potential is Germany with an import gap of $1.29M.

See methodology.

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