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Pricing

2022
Exports $1.4BWorld Rnk 11 / 219
Flag Rnk 55 / 1216
2022
Destination $55.3M United States
2021 - 2022
FASTEST GROWING MARKET $55.3MSingapore
2022
PRODUCT COMPLEXITY IN Transmissions1.46Rnk 62 / 1025
2022
Imports $2.03BWorld Rnk 9 / 225
Flag Rnk 69 / 1214
2022
Origin $71.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $71.6MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.4B in Transmissions, making it the 11th largest exporter of Transmissions in the world. At the same year, Transmissions was the 55th most exported product in United Kingdom. The main destination of Transmissions exports from United Kingdom are: United States ($232M), Singapore ($167M), Germany ($165M), Italy ($102M), and France ($78.4M).

The fastest growing export markets for Transmissions of United Kingdom between 2021 and 2022 were Singapore ($55.3M), United States ($49.8M), and Germany ($33.6M).

Imports In 2022, United Kingdom imported $2.03B in Transmissions, becoming the 9th largest importer of Transmissions in the world. At the same year, Transmissions was the 69th most imported product in United Kingdom. United Kingdom imports Transmissions primarily from: Germany ($514M), China ($263M), United States ($227M), Italy ($193M), and France ($111M).

The fastest growing import markets in Transmissions for United Kingdom between 2021 and 2022 were China ($71.6M), United States ($52M), and United Kingdom ($28.7M).

COMPANIES In 2023, leading companies such as Volvo (5) and Victaulic (3) were at the forefront of shipping Transmissions from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Transmissions exports accounted up to £138M and imports accounted up to £144M, resulting in a negative trade balance of £5.67M. Between August 2023 and August 2024 the exports of United Kingdom's   Transmissions have increased by £25.7M (22.9%) from £112M to £138M, while imports increased by £4.09M (2.93%) from £140M to £144M.

Destinations In August 2024, Transmissions were exported mostly to Singapore (£27.6M), Hong Kong (£20.9M), United States (£16.2M), Germany (£12M), and Japan (£8.42M), and were imported mostly from Germany (£33M), United States (£24.6M), China (£13.5M), France (£12M), and Italy (£8.32M).

Growth In August 2024, the increase in Transmissions's year-by-year exports was explained primarily by an increase in exports to Japan (£5.31M or 238%), Hong Kong (£5.04M or 71.6%), and United States (£3.65M or 35.1%). In August 2024, the increase in Transmissions's year-by-year imports was explained primarily by an increase in imports from United States (£10.1M or 73.3%), Denmark (£4.48M or 1.08k%), and Poland (£3.18M or 150%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£25.7M(22.9%)
IMPORT GROWTH (August 2023 - August 2024)£4.09M(2.93%)
MAIN EXPORTER (August 2024)London Heathrow Airport£75.9M
MAIN DESTINATION (August 2024)Singapore£27.6M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.4B
IMPORTS (2022)$2.03B
NET TRADE (2022)-$627M

In 2022, United Kingdom exported $1.4B in Transmissions. The main destinations of United Kingdom exports on Transmissions were United States ($232M), Singapore ($167M), Germany ($165M), Italy ($102M), and France ($78.4M).

In 2022, United Kingdom imported $2.03B in Transmissions, mainly from Germany ($514M), China ($263M), United States ($227M), Italy ($193M), and France ($111M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Singapore$55.3M (49.7%)
United States$49.8M (27.3%)
Germany$33.6M (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY United Kingdom WERE (2021 - 2022):
Hong Kong-$77.3M (-83.5%)
Denmark-$14.3M (-56.8%)
Saudi Arabia-$10.4M (-49.6%)
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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 Transmissions were:
Germany $12.6B
China $11.7B
United States $7.44B
In 2022, United Kingdom's main importing competitors in Transmissions were:
United States $10.7B
Germany $6.19B
China $5.42B

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $96.8M
TOP IMPORT POTENTIALGermany+ $126M

Transmissions’s highest export potential is United States. With an export gap of $96.8M.   Transmissions’s highest import potential is Germany with an import gap of $126M.

See methodology.

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