Channel: Trade

10 June, 2010
Trade in Nuclear reactors, boilers, machinery & mech appliances
The trade volume of Nuclear reactors, boilers, machinery and mechanical appliances (HS Code - 84) between India and the UK has been increasing consistently since 2001
Tables & Graphs
The trade volume of Nuclear reactors, boilers, machinery and mechanical appliances (HS Code - 84) between India and the UK has been increasing consistently since 2001. It currently stands at GBP 930.72m for the year 2009, which is almost 3 times the amount in 2001. The bilateral trade in 2009 fell by 2.79% compared as compared to the figure in 2008, which was the highest trade figure ever recorded between these two nations. Even though the total trade fell, both the nations managed to hold on to their percentage share, the UK at 61% and India at 39%.
 
Quick Facts
Trade Growth and Declines

  • The exports of Nuclear reactors, boilers, machinery and mechanical appliances (HS Code - 84) from the UK to India in year 2009 stands at GBP 571.64m.
  • Exports from the UK to India are down by 1.8% when compared to 2008, the year when exports had seen an all-time high of GBP 582.09m.
  • On the other hand the imports of Nuclear reactors, boilers, machinery and mechanical appliances stand at GBP 359.08m in the year 2009.
  • Imports from India by the UK again down by 4.36% as compared to 2008 when they were as high as GBP 375.44m.
  • UK’s Imports from India have seen the highest growth in 2005 when the imports increased by over 36.99% as compared to the previous year.
  • UK’s imports increased steadily from 2002 to 2008. Over the period 2001 to 2009 have shown a CAGR of 0.142.
  • UK’s exports to India on the other hand have been consistently increasing. The best year for exports was 2006 when exports increased by 45.91% over the previous year.

Share of trade

  • India’s share inthe UK’s total exports of Nuclear reactors, boilers, machinery and mechanical appliances (HS Code - 84) was 1.67% in 2009, a slight increase over the previous year when it was 1.55%.
  • UK’s total export of nuclear reactors, boilers, machinery and mechanical appliancesto the world was GBP 34.138b in 2009.
  • From 2001 to 2009, India’s share in the UK’s exports has been varying between 0.5 to 1.67% and only increased over the period.
  • India’s share inthe UK’s total imports of nuclear reactors, boilers, machinery and mechanical appliances was 1.67 % in 2009.
  • UK’s total import of Nuclear reactors, boilers, machinery and mechanical appliances from the world was GBP38.117b in 2009.
  • From 2001 to 2009, India’s share in the UK’s exports has been varying between 0.35 to 0.94%.
  • In terms of total trade, India and the UK’s total trade of nuclear reactors, boilers, machinery and mechanical appliances stands at GBP 930.72m, of which India’s share is a meagre 38.58% and the UK’s a whopping 61.42%.
  • The trade surplus for UK has been consistently increasing from 2001 to 2007 and then then fell a little in the next years and now stands at GBP 212.56m in 2009.

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