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2022
Exports $117MWorld Rnk 3 / 121
Flag Rnk 374 / 1216
2022
Destination $4.49M Denmark
2021 - 2022
FASTEST GROWING MARKET $4.49MDenmark
2022
PRODUCT COMPLEXITY IN Combed Wool or Animal Hair Fabric0.42Rnk 397 / 1025
2022
Imports $26.6MWorld Rnk 21 / 169
Flag Rnk 871 / 1214
2022
Origin $2.37M Italy
2021 - 2022
FASTEST GROWING ORIGIN $2.37MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $117M in Combed Wool or Animal Hair Fabric, making it the 3rd largest exporter of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 374th most exported product in United Kingdom. The main destination of Combed Wool or Animal Hair Fabric exports from United Kingdom are: Denmark ($25.9M), Germany ($10.2M), Italy ($9.93M), Japan ($7.81M), and South Korea ($6.88M).

The fastest growing export markets for Combed Wool or Animal Hair Fabric of United Kingdom between 2021 and 2022 were Denmark ($4.49M), United Kingdom ($2.37M), and South Korea ($1.92M).

Imports In 2022, United Kingdom imported $26.6M in Combed Wool or Animal Hair Fabric, becoming the 21st largest importer of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 871st most imported product in United Kingdom. United Kingdom imports Combed Wool or Animal Hair Fabric primarily from: Italy ($7.59M), Chile ($4.5M), China ($4.03M), Denmark ($2.43M), and United Kingdom ($2.42M).

The fastest growing import markets in Combed Wool or Animal Hair Fabric for United Kingdom between 2021 and 2022 were United Kingdom ($2.37M), Italy ($2.08M), and Chile ($1.66M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Combed Wool or Animal Hair Fabric exports accounted up to £7.11M and imports accounted up to £2.19M, resulting in a positive trade balance of £4.92M. Between June 2023 and June 2024 the exports of United Kingdom's   Combed Wool or Animal Hair Fabric have decreased by £-954k (-11.8%) from £8.07M to £7.11M, while imports decreased by £-257k (-10.5%) from £2.45M to £2.19M.

Destinations In June 2024, Combed Wool or Animal Hair Fabric were exported mostly to Denmark (£1.07M), Japan (£961k), Italy (£837k), United States (£715k), and China (£576k), and were imported mostly from Italy (£684k), China (£604k), Chile (£332k), Ireland (£169k), and Denmark (£117k).

Growth In June 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to Denmark (£-624k or -39.2%), China (£-188k or -53.2%), and Hong Kong (£-45.9k or -30.2%). In June 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from Sweden (£-771 or -13.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-954k(-11.8%)
IMPORT GROWTH (June 2023 - June 2024)£-257k(-10.5%)
MAIN EXPORTER (June 2024)East Midlands Airport£3.33M
MAIN DESTINATION (June 2024)Denmark£1.07M

This section shows Combed Wool or Animal Hair Fabric'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 Combed Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$117M
IMPORTS (2022)$26.6M
NET TRADE (2022)$90M

In 2022, United Kingdom exported $117M in Combed Wool or Animal Hair Fabric. The main destinations of United Kingdom exports on Combed Wool or Animal Hair Fabric were Denmark ($25.9M), Germany ($10.2M), Italy ($9.93M), Japan ($7.81M), and South Korea ($6.88M).

In 2022, United Kingdom imported $26.6M in Combed Wool or Animal Hair Fabric, mainly from Italy ($7.59M), Chile ($4.5M), China ($4.03M), Denmark ($2.43M), and United Kingdom ($2.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combed Wool or Animal Hair Fabric EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Denmark$4.49M (21%)
United Kingdom$2.37M (4.85k%)
South Korea$1.92M (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combed Wool or Animal Hair Fabric BY United Kingdom WERE (2021 - 2022):
Germany-$1.28M (-11.1%)
Slovakia-$971k (-85.2%)
China-$869k (-11.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Combed Wool or Animal Hair Fabric were:
Italy $786M
China $262M
In 2022, United Kingdom's main importing competitors in Combed Wool or Animal Hair Fabric were:
China $207M
Turkey $114M
Italy $114M

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Trade Value of Combed Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.9M
TOP IMPORT POTENTIALItaly+ $1.91M

Combed Wool or Animal Hair Fabric’s highest export potential is China. With an export gap of $2.9M.   Combed Wool or Animal Hair Fabric’s highest import potential is Italy with an import gap of $1.91M.

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