Steam Turbines in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $122M in Steam Turbines, making it the 10th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 361st most exported product in United Kingdom. The main destination of Steam Turbines exports from United Kingdom are: Saudi Arabia ($29.9M), Canada ($8.11M), United Kingdom ($5.75M), Czechia ($5.58M), and Libya ($5.56M).

The fastest growing export markets for Steam Turbines of United Kingdom between 2021 and 2022 were Saudi Arabia ($22.9M), Czechia ($5.22M), and Libya ($5.05M).

Imports In 2022, United Kingdom imported $183M in Steam Turbines, becoming the 5th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 462nd most imported product in United Kingdom. United Kingdom imports Steam Turbines primarily from: United States ($75.7M), France ($31.3M), Netherlands ($20.6M), Germany ($14.1M), and Czechia ($13.5M).

The fastest growing import markets in Steam Turbines for United Kingdom between 2021 and 2022 were France ($30M), United States ($15.5M), and Netherlands ($12.8M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (3) were at the forefront of shipping Steam Turbines from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Steam Turbines exports accounted up to £6.43M and imports accounted up to £6.21M, resulting in a positive trade balance of £223k. Between February 2023 and February 2024 the exports of United Kingdom's Steam Turbines have increased by £2M (45.3%) from £4.43M to £6.43M, while imports decreased by £-998k (-13.8%) from £7.21M to £6.21M.

Destinations In February 2024, Steam Turbines were exported mostly to Germany (£2.46M), South Africa (£1.07M), France (£974k), Saudi Arabia (£463k), and United Arab Emirates (£320k), and were imported mostly from United States (£4.55M), Turkey (£450k), Germany (£364k), France (£178k), and Czechia (£132k).

Growth In February 2024, the increase in Steam Turbines's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (£5.49M or 1.46k%), Netherlands (£699k or 717%), and Hong Kong (£374k or 1.82k%). In February 2024, the decrease in Steam Turbines's year-by-year imports was explained primarily by a decrease in imports from Italy (£-700k or -79.8%), India (£-162k or -98.2%), and Netherlands (£-142k or -49.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£2M(45.3%)

IMPORT GROWTH (February 2023 - February 2024)£-998k(-13.8%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£2.59M

MAIN DESTINATION (February 2024)Germany£2.46M

This section shows Steam Turbines'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 Steam Turbines over time.

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