Wood Tar, Oils and Pitch in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $421k in Wood Tar, Oils and Pitch, making it the 23rd largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1167th most exported product in United Kingdom. The main destination of Wood Tar, Oils and Pitch exports from United Kingdom are: Ireland ($90.3k), Bolivia ($54.1k), Tunisia ($42.5k), Hong Kong ($41k), and Egypt ($34.7k).

The fastest growing export markets for Wood Tar, Oils and Pitch of United Kingdom between 2021 and 2022 were Tunisia ($42.5k), Hong Kong ($41k), and Egypt ($34.7k).

Imports In 2022, United Kingdom imported $496k in Wood Tar, Oils and Pitch, becoming the 26th largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1183rd most imported product in United Kingdom. United Kingdom imports Wood Tar, Oils and Pitch primarily from: Finland ($120k), Netherlands ($76.3k), Brazil ($59k), Sweden ($58.6k), and China ($57.1k).

The fastest growing import markets in Wood Tar, Oils and Pitch for United Kingdom between 2021 and 2022 were Finland ($81.5k), Brazil ($59k), and China ($57k).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Wood Tar, Oils and Pitch exports accounted up to £59.6k and imports accounted up to £111k, resulting in a negative trade balance of £51.5k. Between February 2023 and February 2024 the exports of United Kingdom's Wood Tar, Oils and Pitch have increased by £47.2k (382%) from £12.4k to £59.6k, while imports increased by £39.5k (55.1%) from £71.7k to £111k.

Destinations In February 2024, Wood Tar, Oils and Pitch were exported mostly to Egypt (£48.5k), Ireland (£7.36k), and Sri Lanka (£3.73k), and were imported mostly from Netherlands (£91k), France (£19.6k), and Ireland (£558).

Growth In February 2024, the increase in Wood Tar, Oils and Pitch's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the increase in Wood Tar, Oils and Pitch's year-by-year imports was explained primarily by an increase in imports from Ireland (£137 or 154%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£47.2k(382%)

IMPORT GROWTH (February 2023 - February 2024)£39.5k(55.1%)

MAIN EXPORTER (February 2024)Felixstowe£48.5k

MAIN DESTINATION (February 2024)Egypt£48.5k

This section shows Wood Tar, Oils and Pitch'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 Wood Tar, Oils and Pitch over time.

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