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2022
Exports $1.82BWorld Rnk 12 / 167
Flag Rnk 42 / 1216
2022
Destination $151M United States
2021 - 2022
FASTEST GROWING MARKET $151MBelgium
2022
PRODUCT COMPLEXITY IN Tractors0.95Rnk 194 / 1025
2022
Imports $2.86BWorld Rnk 7 / 215
Flag Rnk 40 / 1214
2022
Origin $240M Germany
2021 - 2022
FASTEST GROWING ORIGIN $240MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.82B in Tractors, making it the 12th largest exporter of Tractors in the world. At the same year, Tractors was the 42nd most exported product in United Kingdom. The main destination of Tractors exports from United Kingdom are: United States ($313M), Belgium ($242M), France ($214M), Ireland ($110M), and Australia ($76.2M).

The fastest growing export markets for Tractors of United Kingdom between 2021 and 2022 were Belgium ($151M), United States ($82.3M), and South Africa ($26.8M).

Imports In 2022, United Kingdom imported $2.86B in Tractors, becoming the 7th largest importer of Tractors in the world. At the same year, Tractors was the 40th most imported product in United Kingdom. United Kingdom imports Tractors primarily from: Germany ($838M), Netherlands ($599M), France ($397M), Belgium ($209M), and Sweden ($172M).

The fastest growing import markets in Tractors for United Kingdom between 2021 and 2022 were Netherlands ($240M), Spain ($38.7M), and Poland ($34.3M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Tractors exports accounted up to £62.4M and imports accounted up to £78M, resulting in a negative trade balance of £15.6M. Between August 2023 and August 2024 the exports of United Kingdom's   Tractors have decreased by £-81.6M (-56.7%) from £144M to £62.4M, while imports decreased by £-75.9M (-49.3%) from £154M to £78M.

Destinations In August 2024, Tractors were exported mostly to United States (£11.5M), Ireland (£7.23M), Australia (£4.76M), Netherlands (£3.32M), and Belgium (£2.84M), and were imported mostly from Sweden (£14.9M), France (£13.7M), Germany (£10.3M), Poland (£8.58M), and Belgium (£6.98M).

Growth In August 2024, the decrease in Tractors's year-by-year exports was explained primarily by a decrease in exports to Australia (£-5.39M or -82.9%), Norway (£-1.25M or -92.1%), and Turkey (£-731k or -42.2%). In August 2024, the decrease in Tractors's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-7M or -16.7%), Poland (£-3.77M or -44.2%), and Austria (£-1.51M or -20.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-81.6M(-56.7%)
IMPORT GROWTH (August 2023 - August 2024)£-75.9M(-49.3%)
MAIN EXPORTER (August 2024)Southampton£63.7M
MAIN DESTINATION (August 2024)United States£11.5M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.82B
IMPORTS (2022)$2.86B
NET TRADE (2022)-$1.04B

In 2022, United Kingdom exported $1.82B in Tractors. The main destinations of United Kingdom exports on Tractors were United States ($313M), Belgium ($242M), France ($214M), Ireland ($110M), and Australia ($76.2M).

In 2022, United Kingdom imported $2.86B in Tractors, mainly from Germany ($838M), Netherlands ($599M), France ($397M), Belgium ($209M), and Sweden ($172M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$151M (166%)
United States$82.3M (35.6%)
South Africa$26.8M (85.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY United Kingdom WERE (2021 - 2022):
Ukraine-$31.1M (-56.8%)
Kenya-$20M (-62.1%)
Russia-$14.2M (-88%)
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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 Tractors were:
Germany $11.1B
Netherlands $6.32B
United States $5.65B
In 2022, United Kingdom's main importing competitors in Tractors were:
United States $8.01B
Canada $4.59B
France $4.06B

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $93.7M
TOP IMPORT POTENTIALFrance+ $83.4M

Tractors’s highest export potential is United States. With an export gap of $93.7M.   Tractors’s highest import potential is France with an import gap of $83.4M.

See methodology.

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