Railroad Ties in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $1.25M in Railroad Ties, making it the 26th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 1099th most exported product in United Kingdom. The main destination of Railroad Ties exports from United Kingdom are: Ireland ($886k), Norway ($158k), United Kingdom ($67.6k), New Zealand ($42.4k), and Netherlands ($36.3k).

The fastest growing export markets for Railroad Ties of United Kingdom between 2021 and 2022 were Ireland ($634k), United Kingdom ($67.6k), and Norway ($52.2k).

Imports In 2022, United Kingdom imported $9.05M in Railroad Ties, becoming the 6th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 1019th most imported product in United Kingdom. United Kingdom imports Railroad Ties primarily from: Belgium ($3.35M), Latvia ($831k), Netherlands ($718k), Germany ($558k), and Brazil ($507k).

The fastest growing import markets in Railroad Ties for United Kingdom between 2021 and 2022 were Gabon ($504k), Democratic Republic of the Congo ($442k), and Romania ($358k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Railroad Ties from United Kingdom to the United States.

Latest Trends

January 2024

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Overview In January 2024 United Kingdom's Railroad Ties exports accounted up to £9.7k and imports accounted up to £463k, resulting in a negative trade balance of £454k. Between November 2022 and January 2024 the exports of United Kingdom's Railroad Ties have decreased by £-6.76k (-41.1%) from £16.5k to £9.7k, while imports decreased by £-272k (-37%) from £736k to £463k.

Destinations In January 2024, Railroad Ties were exported mostly to Norway (£9.7k), and were imported mostly from Netherlands (£151k), Brazil (£119k), Poland (£101k), Belgium (£73.8k), and Latvia (£9.88k).

Growth In January 2024, the decrease in Railroad Ties's year-by-year exports was explained primarily by a decrease in exports to . In January 2024, the decrease in Railroad Ties's year-by-year imports was explained primarily by a decrease in imports from Germany (£-553 or -10.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2022 - January 2024)£-6.76k(-41.1%)

IMPORT GROWTH (January 2023 - January 2024)£-272k(-37%)

MAIN EXPORTER (January 2024)Immingham£9.7k

MAIN DESTINATION (January 2024)Norway£9.7k

This section shows Railroad Ties'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 Railroad Ties over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.25M

IMPORTS (2022)$9.05M

NET TRADE (2022)-$7.8M

In 2022, United Kingdom exported $1.25M in Railroad Ties. The main destinations of United Kingdom exports on Railroad Ties were Ireland ($886k), Norway ($158k), United Kingdom ($67.6k), New Zealand ($42.4k), and Netherlands ($36.3k).

In 2022, United Kingdom imported $9.05M in Railroad Ties, mainly from Belgium ($3.35M), Latvia ($831k), Netherlands ($718k), Germany ($558k), and Brazil ($507k).

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