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2022
Exports $1.6MWorld Rnk 8 / 98
Flag Rnk 1080 / 1216
2022
Destination $487k Greece
2021 - 2022
FASTEST GROWING MARKET $487kGreece
2022
Imports $4.86MWorld Rnk 2 / 148
Flag Rnk 1081 / 1214
2022
Origin $2.53M Italy
2021 - 2022
FASTEST GROWING ORIGIN $2.53MItaly
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.6M in Hand-Woven Tapestries, making it the 8th largest exporter of Hand-Woven Tapestries in the world. At the same year, Hand-Woven Tapestries was the 1080th most exported product in United Kingdom. The main destination of Hand-Woven Tapestries exports from United Kingdom are: Greece ($493k), United States ($222k), France ($131k), United Kingdom ($96.1k), and Norway ($89k).

The fastest growing export markets for Hand-Woven Tapestries of United Kingdom between 2021 and 2022 were Greece ($487k), United Kingdom ($96.1k), and Norway ($86.5k).

Imports In 2022, United Kingdom imported $4.86M in Hand-Woven Tapestries, becoming the 2nd largest importer of Hand-Woven Tapestries in the world. At the same year, Hand-Woven Tapestries was the 1081st most imported product in United Kingdom. United Kingdom imports Hand-Woven Tapestries primarily from: Italy ($2.53M), United States ($479k), France ($443k), Brazil ($316k), and China ($235k).

The fastest growing import markets in Hand-Woven Tapestries for United Kingdom between 2021 and 2022 were Italy ($2.53M), Brazil ($316k), and United States ($245k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Hand-Woven Tapestries exports accounted up to £79.4k and imports accounted up to £127k, resulting in a negative trade balance of £47.8k. Between June 2023 and June 2024 the exports of United Kingdom's   Hand-Woven Tapestries have decreased by £-121k (-60.3%) from £200k to £79.4k, while imports decreased by £-19.2k (-13.1%) from £146k to £127k.

Destinations In June 2024, Hand-Woven Tapestries were exported mostly to United States (£58.5k), France (£8.46k), Italy (£5.44k), Germany (£2.21k), and Sweden (£1.68k), and were imported mostly from China (£58k), Portugal (£44k), Germany (£7.97k), Belgium (£6.55k), and India (£5.92k).

Growth In June 2024, the decrease in Hand-Woven Tapestries's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Hand-Woven Tapestries's year-by-year imports was explained primarily by a decrease in imports from India (£-25.6k or -76.7%) and Belgium (£-4.78k or -66.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-121k(-60.3%)
IMPORT GROWTH (June 2023 - June 2024)£-19.2k(-13.1%)
MAIN EXPORTER (June 2024)London Heathrow Airport£449k
MAIN DESTINATION (June 2024)United States£58.5k

This section shows Hand-Woven Tapestries'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 Hand-Woven Tapestries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.6M
IMPORTS (2022)$4.86M
NET TRADE (2022)-$3.26M

In 2022, United Kingdom exported $1.6M in Hand-Woven Tapestries. The main destinations of United Kingdom exports on Hand-Woven Tapestries were Greece ($493k), United States ($222k), France ($131k), United Kingdom ($96.1k), and Norway ($89k).

In 2022, United Kingdom imported $4.86M in Hand-Woven Tapestries, mainly from Italy ($2.53M), United States ($479k), France ($443k), Brazil ($316k), and China ($235k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Tapestries EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Greece$487k (8.37k%)
United Kingdom$96.1k (1%)
Norway$86.5k (3.51k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Tapestries BY United Kingdom WERE (2021 - 2022):
Switzerland-$327k (-88.8%)
Australia-$85.8k (-65%)
South Korea-$71.4k (-99.1%)
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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 Hand-Woven Tapestries were:
China $3.5M
India $3.2M
Italy $3M
In 2022, United Kingdom's main importing competitors in Hand-Woven Tapestries were:
United States $6.58M
France $4.34M

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Trade Value of Hand-Woven Tapestries by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Hand-Woven Tapestries’s highest export potential is N/A. With an export gap of N/A.   Hand-Woven Tapestries’s highest import potential is N/A with an import gap of N/A.

See methodology.

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