Hot-Rolled Stainless Steel Bars in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $84.9M in Hot-Rolled Stainless Steel Bars, making it the 10th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 440th most exported product in United Kingdom. The main destination of Hot-Rolled Stainless Steel Bars exports from United Kingdom are: United States ($47.7M), Italy ($22.6M), Germany ($7.79M), France ($3.17M), and Netherlands ($958k).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of United Kingdom between 2021 and 2022 were United States ($19M), Italy ($8.74M), and France ($1.5M).

Imports In 2022, United Kingdom imported $17.6M in Hot-Rolled Stainless Steel Bars, becoming the 24th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 934th most imported product in United Kingdom. United Kingdom imports Hot-Rolled Stainless Steel Bars primarily from: South Korea ($3.27M), Chinese Taipei ($2.81M), Spain ($2.64M), Sweden ($2.61M), and Italy ($2.31M).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for United Kingdom between 2021 and 2022 were South Korea ($3.22M), Chinese Taipei ($2.26M), and Sweden ($1.73M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hot-Rolled Stainless Steel Bars from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Hot-Rolled Stainless Steel Bars exports accounted up to £2.17M and imports accounted up to £441k, resulting in a positive trade balance of £1.73M. Between January 2023 and January 2024 the exports of United Kingdom's Hot-Rolled Stainless Steel Bars have decreased by £-4.14M (-65.6%) from £6.31M to £2.17M, while imports decreased by £-504k (-53.4%) from £945k to £441k.

Destinations In January 2024, Hot-Rolled Stainless Steel Bars were exported mostly to Italy (£1.1M), United States (£831k), Canada (£151k), Germany (£47.7k), and Netherlands (£11.1k), and were imported mostly from Italy (£253k), France (£69.4k), South Korea (£45k), United States (£31.5k), and Spain (£24.2k).

Growth In January 2024, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-163k or -97.6%). In January 2024, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year imports was explained primarily by a decrease in imports from Taiwan (£-269k or -52.3%) and India (£-44k or -96.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-4.14M(-65.6%)

IMPORT GROWTH (January 2023 - January 2024)£-504k(-53.4%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£1.11M

MAIN DESTINATION (January 2024)Italy£1.1M

This section shows Hot-Rolled Stainless Steel Bars'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 Hot-Rolled Stainless Steel Bars over time.

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