Cranes in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $196M in Cranes, making it the 16th largest exporter of Cranes in the world. At the same year, Cranes was the 277th most exported product in United Kingdom. The main destination of Cranes exports from United Kingdom are: Belgium ($18.9M), France ($14.9M), Netherlands ($13.5M), United States ($12.5M), and Saudi Arabia ($12.2M).

The fastest growing export markets for Cranes of United Kingdom between 2021 and 2022 were Saudi Arabia ($11.6M), Belgium ($9.42M), and Qatar ($7.2M).

Imports In 2022, United Kingdom imported $504M in Cranes, becoming the 6th largest importer of Cranes in the world. At the same year, Cranes was the 257th most imported product in United Kingdom. United Kingdom imports Cranes primarily from: Germany ($66.8M), France ($63.5M), Italy ($55M), Poland ($50.4M), and Netherlands ($49.8M).

The fastest growing import markets in Cranes for United Kingdom between 2021 and 2022 were France ($32M), Switzerland ($26.7M), and Poland ($12.4M).

COMPANIES In 2023, leading companies such as AMERICAN OMNI TRADING COMPANY LLC (2) and GOLDEN STATE FC LLC (2) were at the forefront of shipping Cranes from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Cranes exports accounted up to £7.88M and imports accounted up to £62.1M, resulting in a negative trade balance of £54.2M. Between February 2023 and February 2024 the exports of United Kingdom's Cranes have decreased by £-3.23M (-29.1%) from £11.1M to £7.88M, while imports increased by £34M (122%) from £28M to £62.1M.

Destinations In February 2024, Cranes were exported mostly to Turkey (£1.95M), Netherlands (£1.79M), Ireland (£1.21M), United States (£375k), and Germany (£291k), and were imported mostly from China (£23M), South Korea (£13.3M), Netherlands (£6.34M), Italy (£2.97M), and Belgium (£2.33M).

Growth In February 2024, the decrease in Cranes's year-by-year exports was explained primarily by a decrease in exports to Germany (£-1.16M or -81.3%), Brazil (£-388k or -87.6%), and Falkland Islands (£-342k or -88.4%). In February 2024, the increase in Cranes's year-by-year imports was explained primarily by an increase in imports from Germany (£3.64M or 169%), Thailand (£2.46M or 188%), and Austria (£1.6M or 167%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-3.23M(-29.1%)

IMPORT GROWTH (February 2023 - February 2024)£34M(122%)

MAIN EXPORTER (February 2024)Felixstowe£2.39M

MAIN DESTINATION (February 2024)Turkey£1.95M

This section shows Cranes'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 Cranes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$196M

IMPORTS (2022)$504M

NET TRADE (2022)-$308M

In 2022, United Kingdom exported $196M in Cranes. The main destinations of United Kingdom exports on Cranes were Belgium ($18.9M), France ($14.9M), Netherlands ($13.5M), United States ($12.5M), and Saudi Arabia ($12.2M).

In 2022, United Kingdom imported $504M in Cranes, mainly from Germany ($66.8M), France ($63.5M), Italy ($55M), Poland ($50.4M), and Netherlands ($49.8M).

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