Sales of mechanical and electrical machinery from the UK to all destinations across the world from Jul 2016 to Apr 2017 accounted for £4.82 billion, which were carried out in 232,555 shipments.
Trades that were worth less than £1 million accounted for £4,820.4 million of this total, carried out in 227,428 shipments.
This means that if we exclude the top 2.2% of shipments, the rest had an average value of just £21,195.29. The breakdown of these smaller trades is shown in the chart on the right for the top 15 destinations where you can see how different destinations have different patterns of shipment value.
164,314 shipments went by air (45% of them via London Heathrow) and the other 52,535 went via sea ports.
4.8% of the shipments used customs special procedures (Inward Processing or Outward Processing Relief or Re-exports). Most shipments of goods to most destinations do not use these special procedures.
The top 15 destinations for smaller shipments below £320k and between £320k and £1m are shown below.
Start a plan to find out the documentation, processes and related costs of customs and shipping that are required to export mechanical and electrical machinery to your country of choice. Then if you hope to agree a sale with your customer, use Exabler to get it done start to finish!