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Pricing

2022
Exports $300MWorld Rnk 17 / 187
Flag Rnk 204 / 1216
2022
Destination $20.6M United States
2021 - 2022
FASTEST GROWING MARKET $20.6MUnited States
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery1.71Rnk 22 / 1025
2022
Imports $516MWorld Rnk 17 / 213
Flag Rnk 251 / 1214
2022
Origin $12.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $12.1MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $300M in Rubberworking Machinery, making it the 17th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 204th most exported product in United Kingdom. The main destination of Rubberworking Machinery exports from United Kingdom are: United States ($69.6M), Germany ($34.1M), India ($22.4M), China ($19M), and Ireland ($18.2M).

The fastest growing export markets for Rubberworking Machinery of United Kingdom between 2021 and 2022 were United States ($20.6M), Ireland ($9.15M), and Vietnam ($8.09M).

Imports In 2022, United Kingdom imported $516M in Rubberworking Machinery, becoming the 17th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 251st most imported product in United Kingdom. United Kingdom imports Rubberworking Machinery primarily from: Germany ($135M), Italy ($88.3M), China ($61M), Austria ($58.1M), and United States ($41.7M).

The fastest growing import markets in Rubberworking Machinery for United Kingdom between 2021 and 2022 were United States ($12.1M), Germany ($9.51M), and China ($8.2M).

COMPANIES In 2023, leading companies such as CNH Industrial (22), Parker (2), and Amazon (1) were at the forefront of shipping Rubberworking Machinery from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Rubberworking Machinery exports accounted up to £18.6M and imports accounted up to £21.6M, resulting in a negative trade balance of £3.05M. Between August 2023 and August 2024 the exports of United Kingdom's   Rubberworking Machinery have decreased by £-5.69M (-23.5%) from £24.3M to £18.6M, while imports decreased by £-2.57M (-10.6%) from £24.2M to £21.6M.

Destinations In August 2024, Rubberworking Machinery were exported mostly to United States (£5.42M), Germany (£3.2M), China (£1.87M), Canada (£1.14M), and Turkey (£1.12M), and were imported mostly from Germany (£7.23M), Italy (£2.78M), China (£2.2M), France (£1.63M), and United States (£1.49M).

Growth In August 2024, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to United States (£-2.17M or -55.9%), China (£-1.14M or -55.5%), and Germany (£-1.01M or -57%). In August 2024, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from Austria (£-4.69M or -81.9%), Canada (£-733k or -62.4%), and Czechia (£-555k or -93.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-5.69M(-23.5%)
IMPORT GROWTH (August 2023 - August 2024)£-2.57M(-10.6%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£16.4M
MAIN DESTINATION (August 2024)United States£5.42M

This section shows Rubberworking 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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$300M
IMPORTS (2022)$516M
NET TRADE (2022)-$216M

In 2022, United Kingdom exported $300M in Rubberworking Machinery. The main destinations of United Kingdom exports on Rubberworking Machinery were United States ($69.6M), Germany ($34.1M), India ($22.4M), China ($19M), and Ireland ($18.2M).

In 2022, United Kingdom imported $516M in Rubberworking Machinery, mainly from Germany ($135M), Italy ($88.3M), China ($61M), Austria ($58.1M), and United States ($41.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$20.6M (41.9%)
Ireland$9.15M (101%)
Vietnam$8.09M (812%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY United Kingdom WERE (2021 - 2022):
Germany-$3.64M (-9.63%)
Poland-$3.37M (-40%)
Singapore-$2.55M (-37.8%)
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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 Rubberworking Machinery were:
China $7.21B
Germany $5.5B
Japan $2.29B
In 2022, United Kingdom's main importing competitors in Rubberworking Machinery were:
United States $4B
China $2.82B
Germany $1.66B

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.1M
TOP IMPORT POTENTIALChina+ $32.8M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $19.1M.   Rubberworking Machinery’s highest import potential is China with an import gap of $32.8M.

See methodology.

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