Tractors in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $1.82B in Tractors, making it the 12th largest exporter of Tractors in the world. At the same year, Tractors was the 42nd most exported product in United Kingdom. The main destination of Tractors exports from United Kingdom are: United States ($313M), Belgium ($242M), France ($214M), Ireland ($110M), and Australia ($76.2M).

The fastest growing export markets for Tractors of United Kingdom between 2021 and 2022 were Belgium ($151M), United States ($82.3M), and South Africa ($26.8M).

Imports In 2022, United Kingdom imported $2.86B in Tractors, becoming the 7th largest importer of Tractors in the world. At the same year, Tractors was the 40th most imported product in United Kingdom. United Kingdom imports Tractors primarily from: Germany ($838M), Netherlands ($599M), France ($397M), Belgium ($209M), and Sweden ($172M).

The fastest growing import markets in Tractors for United Kingdom between 2021 and 2022 were Netherlands ($240M), Spain ($38.7M), and Poland ($34.3M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Tractors exports accounted up to £142M and imports accounted up to £256M, resulting in a negative trade balance of £114M. Between February 2023 and February 2024 the exports of United Kingdom's Tractors have increased by £1.69M (1.2%) from £140M to £142M, while imports increased by £33.9M (15.2%) from £223M to £256M.

Destinations In February 2024, Tractors were exported mostly to United States (£39.4M), Ireland (£12.8M), France (£11.9M), Belgium (£11.7M), and South Africa (£9.07M), and were imported mostly from Germany (£70.6M), France (£50.8M), Belgium (£46.5M), Sweden (£27.9M), and Poland (£13.9M).

Growth In February 2024, the increase in Tractors's year-by-year exports was explained primarily by an increase in exports to United States (£7.32M or 136%), Germany (£6.75M or 1.01k%), and France (£6.37M or 232%). In February 2024, the increase in Tractors's year-by-year imports was explained primarily by an increase in imports from Sweden (£30.4M or 209%), France (£27.6M or 130%), and Belgium (£19.4M or 134%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£1.69M(1.2%)

IMPORT GROWTH (February 2023 - February 2024)£33.9M(15.2%)

MAIN EXPORTER (February 2024)Southampton£59.6M

MAIN DESTINATION (February 2024)United States£39.4M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.82B

IMPORTS (2022)$2.86B

NET TRADE (2022)-$1.04B

In 2022, United Kingdom exported $1.82B in Tractors. The main destinations of United Kingdom exports on Tractors were United States ($313M), Belgium ($242M), France ($214M), Ireland ($110M), and Australia ($76.2M).

In 2022, United Kingdom imported $2.86B in Tractors, mainly from Germany ($838M), Netherlands ($599M), France ($397M), Belgium ($209M), and Sweden ($172M).

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