Buses in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $191M in Buses, making it the 17th largest exporter of Buses in the world. At the same year, Buses was the 286th most exported product in United Kingdom. The main destination of Buses exports from United Kingdom are: Germany ($76.3M), Nicaragua ($49.9M), Ireland ($36.1M), United Kingdom ($7.11M), and Portugal ($3.54M).

The fastest growing export markets for Buses of United Kingdom between 2021 and 2022 were Germany ($74.5M), Nicaragua ($49.9M), and United Kingdom ($7.07M).

Imports In 2022, United Kingdom imported $233M in Buses, becoming the 17th largest importer of Buses in the world. At the same year, Buses was the 417th most imported product in United Kingdom. United Kingdom imports Buses primarily from: Turkey ($60.2M), China ($49.8M), Egypt ($44.5M), Portugal ($20.1M), and Spain ($16.7M).

The fastest growing import markets in Buses for United Kingdom between 2021 and 2022 were Egypt ($37.5M), Turkey ($34.3M), and Poland ($15.6M).

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

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Buses exports accounted up to £4.71M and imports accounted up to £30.8M, resulting in a negative trade balance of £26.1M. Between January 2023 and January 2024 the exports of United Kingdom's Buses have decreased by £-11.2M (-70.4%) from £15.9M to £4.71M, while imports decreased by £-7.42M (-19.4%) from £38.3M to £30.8M.

Destinations In January 2024, Buses were exported mostly to Ireland (£4.18M), Portugal (£338k), Ukraine (£76k), United States (£36k), and Netherlands (£27.3k), and were imported mostly from China (£14.8M), Turkey (£5.34M), Portugal (£2.73M), Spain (£2.49M), and Germany (£1.37M).

Growth In January 2024, the decrease in Buses's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-358k or -83.6%), Tanzania (£-76.2k or -78.4%), and New Zealand (£-971 or -6.08%). In January 2024, the decrease in Buses's year-by-year imports was explained primarily by a decrease in imports from Turkey (£-1.08M or -34.1%), Poland (£-195k or -45.8%), and Ireland (£-69k or -34.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-11.2M(-70.4%)

IMPORT GROWTH (January 2023 - January 2024)£-7.42M(-19.4%)

MAIN EXPORTER (January 2024)Holyhead£808k

MAIN DESTINATION (January 2024)Ireland£4.18M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$191M

IMPORTS (2022)$233M

NET TRADE (2022)-$41.6M

In 2022, United Kingdom exported $191M in Buses. The main destinations of United Kingdom exports on Buses were Germany ($76.3M), Nicaragua ($49.9M), Ireland ($36.1M), United Kingdom ($7.11M), and Portugal ($3.54M).

In 2022, United Kingdom imported $233M in Buses, mainly from Turkey ($60.2M), China ($49.8M), Egypt ($44.5M), Portugal ($20.1M), and Spain ($16.7M).

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