Sign In
Pricing

2022
Exports $13.4MWorld Rnk 12 / 184
Flag Rnk 803 / 1216
2022
Destination $1.53M United States
2021 - 2022
FASTEST GROWING MARKET $1.53MUnited States
2022
PRODUCT COMPLEXITY IN Tool Sets0.9Rnk 208 / 1025
2022
Imports $46.6MWorld Rnk 8 / 218
Flag Rnk 763 / 1214
2022
Origin $193k China
2021 - 2022
FASTEST GROWING ORIGIN $193kVietnam
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $13.4M in Tool Sets, making it the 12th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 803rd most exported product in United Kingdom. The main destination of Tool Sets exports from United Kingdom are: United States ($2.4M), Ireland ($1.06M), Netherlands ($1.05M), China ($701k), and France ($647k).

The fastest growing export markets for Tool Sets of United Kingdom between 2021 and 2022 were United States ($1.53M), France ($270k), and India ($208k).

Imports In 2022, United Kingdom imported $46.6M in Tool Sets, becoming the 8th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 763rd most imported product in United Kingdom. United Kingdom imports Tool Sets primarily from: China ($21.9M), Chinese Taipei ($8.64M), Germany ($5.36M), United States ($2.87M), and Netherlands ($1.45M).

The fastest growing import markets in Tool Sets for United Kingdom between 2021 and 2022 were Vietnam ($193k), Spain ($137k), and India ($125k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Tool Sets exports accounted up to £1.19M and imports accounted up to £2.43M, resulting in a negative trade balance of £1.25M. Between September 2023 and September 2024 the exports of United Kingdom's   Tool Sets have increased by £136k (12.9%) from £1.05M to £1.19M, while imports decreased by £-266k (-9.85%) from £2.7M to £2.43M.

Destinations In September 2024, Tool Sets were exported mostly to Germany (£194k), Ireland (£167k), Cote d'Ivoire (£106k), Egypt (£88.1k), and Netherlands (£50.5k), and were imported mostly from China (£995k), France (£456k), Germany (£247k), Netherlands (£198k), and Chinese Taipei (£188k).

Growth In September 2024, the increase in Tool Sets's year-by-year exports was explained primarily by an increase in exports to Sudan (£44.4k or 1.12k%), Ireland (£26.8k or 18.1%), and Gibraltar (£13.1k or 933%). In September 2024, the decrease in Tool Sets's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (£-1.06M or -95.4%), United States (£-402k or -86.4%), and Denmark (£-102k or -96%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£136k(12.9%)
IMPORT GROWTH (September 2023 - September 2024)£-266k(-9.85%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£624k
MAIN DESTINATION (September 2024)Germany£194k

This section shows Tool Sets'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 Tool Sets over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$13.4M
IMPORTS (2022)$46.6M
NET TRADE (2022)-$33.3M

In 2022, United Kingdom exported $13.4M in Tool Sets. The main destinations of United Kingdom exports on Tool Sets were United States ($2.4M), Ireland ($1.06M), Netherlands ($1.05M), China ($701k), and France ($647k).

In 2022, United Kingdom imported $46.6M in Tool Sets, mainly from China ($21.9M), Chinese Taipei ($8.64M), Germany ($5.36M), United States ($2.87M), and Netherlands ($1.45M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$1.53M (175%)
France$270k (71.8%)
India$208k (369%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY United Kingdom WERE (2021 - 2022):
Germany-$3.68M (-86.7%)
United Kingdom-$1.81M (-82.6%)
Ireland-$1.42M (-57.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Tool Sets were:
China $777M
Chinese Taipei $222M
Germany $143M
In 2022, United Kingdom's main importing competitors in Tool Sets were:
Germany $157M
United States $150M
Netherlands $104M

Explore Visualizations

Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $521k
TOP IMPORT POTENTIALGermany+ $1.25M

Tool Sets’s highest export potential is Germany. With an export gap of $521k.   Tool Sets’s highest import potential is Germany with an import gap of $1.25M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms