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2022
Exports $139MWorld Rnk 18 / 178
Flag Rnk 342 / 1216
2022
Destination $4.54M France
2021 - 2022
FASTEST GROWING MARKET $4.54MGermany
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery0.69Rnk 279 / 1025
2022
Imports $368MWorld Rnk 8 / 211
Flag Rnk 323 / 1214
2022
Origin $17.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $17.2MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $139M in Soil Preparation Machinery, making it the 18th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 342nd most exported product in United Kingdom. The main destination of Soil Preparation Machinery exports from United Kingdom are: France ($18.4M), Germany ($15.5M), United States ($15.5M), Ireland ($11.6M), and Australia ($9.65M).

The fastest growing export markets for Soil Preparation Machinery of United Kingdom between 2021 and 2022 were Germany ($4.54M), Australia ($3.95M), and United States ($3.2M).

Imports In 2022, United Kingdom imported $368M in Soil Preparation Machinery, becoming the 8th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 323rd most imported product in United Kingdom. United Kingdom imports Soil Preparation Machinery primarily from: Germany ($103M), Italy ($40.7M), France ($37.4M), Netherlands ($32.1M), and China ($28.4M).

The fastest growing import markets in Soil Preparation Machinery for United Kingdom between 2021 and 2022 were Germany ($17.2M), Netherlands ($6.65M), and Ireland ($2.9M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (3) and Amazon (1) were at the forefront of shipping Soil Preparation Machinery from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Soil Preparation Machinery exports accounted up to £8.28M and imports accounted up to £21M, resulting in a negative trade balance of £12.7M. Between June 2023 and June 2024 the exports of United Kingdom's   Soil Preparation Machinery have decreased by £-6.83M (-45.2%) from £15.1M to £8.28M, while imports decreased by £-5.04M (-19.4%) from £26M to £21M.

Destinations In June 2024, Soil Preparation Machinery were exported mostly to N/A, and were imported mostly from Germany (£4.21M), Netherlands (£2.48M), France (£2.46M), United States (£1.87M), and Italy (£1.63M).

Growth In June 2024, the decrease in Soil Preparation Machinery's year-by-year exports was explained primarily by a decrease in exports to Denmark (£-215k or -85.8%), Netherlands (£-176k or -53.4%), and New Zealand (£-105k or -23.1%). In June 2024, the decrease in Soil Preparation Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany (£-5.01M or -53%), China (£-1.37M or -48.6%), and Netherlands (£-1.37M or -44.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-6.83M(-45.2%)
IMPORT GROWTH (June 2023 - June 2024)£-5.04M(-19.4%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£3.09M

This section shows Soil Preparation 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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$139M
IMPORTS (2022)$368M
NET TRADE (2022)-$228M

In 2022, United Kingdom exported $139M in Soil Preparation Machinery. The main destinations of United Kingdom exports on Soil Preparation Machinery were France ($18.4M), Germany ($15.5M), United States ($15.5M), Ireland ($11.6M), and Australia ($9.65M).

In 2022, United Kingdom imported $368M in Soil Preparation Machinery, mainly from Germany ($103M), Italy ($40.7M), France ($37.4M), Netherlands ($32.1M), and China ($28.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$4.54M (41.2%)
Australia$3.95M (69.2%)
United States$3.2M (25.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY United Kingdom WERE (2021 - 2022):
France-$5.71M (-23.7%)
Ireland-$5.1M (-30.5%)
Denmark-$2.07M (-38%)
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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 Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, United Kingdom's main importing competitors in Soil Preparation Machinery were:
United States $1.7B
Germany $957M
France $950M

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.33M
TOP IMPORT POTENTIALGermany+ $15.5M

Soil Preparation Machinery’s highest export potential is United States. With an export gap of $9.33M.   Soil Preparation Machinery’s highest import potential is Germany with an import gap of $15.5M.

See methodology.

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