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2022
Exports $48.6MWorld Rnk 9 / 130
Flag Rnk 555 / 1216
2022
Destination $9.35M Belgium
2021 - 2022
FASTEST GROWING MARKET $9.35MBelgium
2022
PRODUCT COMPLEXITY IN Work Trucks0.63Rnk 306 / 1025
2022
Imports $93.7MWorld Rnk 2 / 208
Flag Rnk 606 / 1214
2022
Origin $21.1M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $21.1MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $48.6M in Work Trucks, making it the 9th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 555th most exported product in United Kingdom. The main destination of Work Trucks exports from United Kingdom are: Belgium ($13.7M), United States ($4.95M), United Kingdom ($3.48M), Ireland ($2.95M), and Netherlands ($2.68M).

The fastest growing export markets for Work Trucks of United Kingdom between 2021 and 2022 were Belgium ($9.35M), United Kingdom ($3.46M), and United States ($2.17M).

Imports In 2022, United Kingdom imported $93.7M in Work Trucks, becoming the 2nd largest importer of Work Trucks in the world. At the same year, Work Trucks was the 606th most imported product in United Kingdom. United Kingdom imports Work Trucks primarily from: Netherlands ($26.7M), United States ($26M), China ($5.88M), France ($5.63M), and Germany ($5.45M).

The fastest growing import markets in Work Trucks for United Kingdom between 2021 and 2022 were Netherlands ($21.1M), United States ($9.62M), and China ($3.77M).

COMPANIES In 2023, leading companies such as TE Connectivity (1) were at the forefront of shipping Work Trucks from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Work Trucks exports accounted up to £5.65M and imports accounted up to £13.5M, resulting in a negative trade balance of £7.81M. Between August 2023 and August 2024 the exports of United Kingdom's   Work Trucks have decreased by £-3.43M (-37.8%) from £9.09M to £5.65M, while imports increased by £7.97M (145%) from £5.49M to £13.5M.

Destinations In August 2024, Work Trucks were exported mostly to Belgium (£3.29M), Netherlands (£559k), Spain (£383k), Falkland Islands (£247k), and Germany (£212k), and were imported mostly from Belgium (£5.62M), Netherlands (£3.39M), France (£2.15M), United States (£853k), and China (£363k).

Growth In August 2024, the decrease in Work Trucks's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (£-248k or -92.8%), Israel (£-154k or -98%), and Poland (£-27.8k or -92.2%). In August 2024, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from Netherlands (£1.97M or 40.9%), France (£1.15M or 2.73k%), and China (£236k or 765%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-3.43M(-37.8%)
IMPORT GROWTH (August 2023 - August 2024)£7.97M(145%)
MAIN EXPORTER (August 2024)Immingham£2.95M
MAIN DESTINATION (August 2024)Belgium£3.29M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.6M
IMPORTS (2022)$93.7M
NET TRADE (2022)-$45.1M

In 2022, United Kingdom exported $48.6M in Work Trucks. The main destinations of United Kingdom exports on Work Trucks were Belgium ($13.7M), United States ($4.95M), United Kingdom ($3.48M), Ireland ($2.95M), and Netherlands ($2.68M).

In 2022, United Kingdom imported $93.7M in Work Trucks, mainly from Netherlands ($26.7M), United States ($26M), China ($5.88M), France ($5.63M), and Germany ($5.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$9.35M (215%)
United Kingdom$3.46M (18.2k%)
United States$2.17M (77.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY United Kingdom WERE (2021 - 2022):
Germany-$3.88M (-71.3%)
Malaysia-$3.02M (-92.8%)
Russia-$2.59M (-100%)
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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 Work Trucks were:
United States $291M
Germany $239M
China $178M
In 2022, United Kingdom's main importing competitors in Work Trucks were:
United States $311M
Netherlands $91.7M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.11M
TOP IMPORT POTENTIALChina+ $2M

Work Trucks’s highest export potential is United States. With an export gap of $2.11M.   Work Trucks’s highest import potential is China with an import gap of $2M.

See methodology.

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