T3 · Product exporter position

United Kingdom exports of Mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50 (HS 842959)

See where United Kingdom stands in mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50: export scale, destination breadth, market position, growth, and reported trade history.

Exporter GBRHS6 842959Latest year 2024Stable

Latest exports

$1.0BLatest observed lane total

Destination markets

145Reported active markets

Three-year growth

+2.9%Annualized change

Destination HHI

1,158Destination concentration

Weighted share

54%Reported market position

Exporter evidence

How strong is United Kingdom in Mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50?

Reported exporter totals and calculated indicators for HS 842959. Values retain their observed coverage period.

Exporter scale

Latest exports$1.0B
Current 2024 exports$1.0B
Three-year average$988.7M
Historical peak$3.0B

Market position

Active destinations145
Destination HHI1,158
Weighted share54%
Share change+4.6 pp

Competitiveness

Three-year growth+2.9%
Volatility0.8
Maximum drawdown92.3%
TrendStable
MeasureValueWhat it describes
ExporterUnited KingdomCountry represented by this profile
Latest observed exports$1.0BSum of latest observed destination-lane values
Current 2024 exports$1.0BCommon-year comparison where reported
Three-year growth+2.9%Annualized change in exporter totals
Five-year growth+3.1%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share27.4%Share of observed exporter totals
Destination concentration1,158HHI across destination markets
Weighted share change+4.6 ppValue-weighted latest change in market share
Limited-history lanes6.3%Share of lanes with shorter history

Destination markets

Where does United Kingdom sell mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$284.5M64.6%+8.6%0% tariffStable
Turkey$140.2M90.8%+45.7%FTA reportedGrowing
Poland$119.4M60.3%+31.8%FTA reportedAccelerating
Ukraine$44.6M63.2%+5%FTA reportedAccelerating
Austria$36.3M53.5%-9.7%FTA reportedStable
Canada$30.1M19.4%+6.5%FTA reportedStable
Spain$27.7M40.6%+1.2%FTA reportedStable
Kazakhstan$26.8M42.3%+34.8%0.1% tariffAccelerating
United Arab Emirates$25.2M16.7%+55.8%0.1% tariffGrowing
Romania$21.4M37.1%+36.9%0.1% tariffAccelerating
Bulgaria$20.4M66%+25.5%FTA reportedAccelerating
Australia$20.0M53.1%+4.7%0.1% tariffStable
Mexico$18.6M4.9%+26.3%FTA reportedAccelerating
France$17.9M21.1%-21.3%FTA reportedSlowing
Georgia$16.9M44.2%+80.1%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$284.5M
Market share
64.6%
Growth
+8.6%
Access
0% tariff
Signal
Stable

Destination

Turkey

Latest exports
$140.2M
Market share
90.8%
Growth
+45.7%
Access
FTA reported
Signal
Growing

Destination

Poland

Latest exports
$119.4M
Market share
60.3%
Growth
+31.8%
Access
FTA reported
Signal
Accelerating

Destination

Ukraine

Latest exports
$44.6M
Market share
63.2%
Growth
+5%
Access
FTA reported
Signal
Accelerating

Destination

Austria

Latest exports
$36.3M
Market share
53.5%
Growth
-9.7%
Access
FTA reported
Signal
Stable

Destination

Canada

Latest exports
$30.1M
Market share
19.4%
Growth
+6.5%
Access
FTA reported
Signal
Stable

Destination

Spain

Latest exports
$27.7M
Market share
40.6%
Growth
+1.2%
Access
FTA reported
Signal
Stable

Destination

Kazakhstan

Latest exports
$26.8M
Market share
42.3%
Growth
+34.8%
Access
0.1% tariff
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$25.2M
Market share
16.7%
Growth
+55.8%
Access
0.1% tariff
Signal
Growing

Destination

Romania

Latest exports
$21.4M
Market share
37.1%
Growth
+36.9%
Access
0.1% tariff
Signal
Accelerating

Destination

Bulgaria

Latest exports
$20.4M
Market share
66%
Growth
+25.5%
Access
FTA reported
Signal
Accelerating

Destination

Australia

Latest exports
$20.0M
Market share
53.1%
Growth
+4.7%
Access
0.1% tariff
Signal
Stable

Destination

Mexico

Latest exports
$18.6M
Market share
4.9%
Growth
+26.3%
Access
FTA reported
Signal
Accelerating

Destination

France

Latest exports
$17.9M
Market share
21.1%
Growth
-21.3%
Access
FTA reported
Signal
Slowing

Destination

Georgia

Latest exports
$16.9M
Market share
44.2%
Growth
+80.1%
Access
FTA reported
Signal
Accelerating

Price intelligence

How does United Kingdom's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Bermuda: $2.4M / ton.

Lowest reported price

Gambia: $169.2 / ton.

Median price

$6.7K / ton across reported markets.

Export trend

Reported export history

Annual observations for United Kingdom and HS 842959 where available.

YearExportsYear-on-year changeActive destinations
2010$889.0M+76.8%147
2011$1.5B+71.3%152
2012$1.5B-2.7%153
2013$1.4B-2.8%150
2014$1.5B+3.5%158
2015$992.3M-33.4%154
2016$728.5M-26.6%145
2017$741.7M+1.8%149
2018$966.1M+30.3%151
2019$883.2M-8.6%149
2020$627.5M-28.9%138
2021$944.3M+50.5%146
2022$877.0M-7.1%140
2023$1.1B+21%144
2024$1.0B-3.1%145

Exporter context

United Kingdom economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 842959.

United Kingdom has reported exports of $442.2B and a trade balance of -$311.2B in 2024.

Available structural indicators include 35.3% trade openness, 17.9% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about United Kingdom mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50 exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.