Coated Flat-Rolled Iron in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $436M in Coated Flat-Rolled Iron, making it the 24th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 160th most exported product in United Kingdom. The main destination of Coated Flat-Rolled Iron exports from United Kingdom are: United States ($90.3M), Ireland ($76.6M), Netherlands ($67.7M), Belgium ($43.3M), and Spain ($32.1M).

The fastest growing export markets for Coated Flat-Rolled Iron of United Kingdom between 2021 and 2022 were United States ($38.7M), Belgium ($30.2M), and Spain ($15.3M).

Imports In 2022, United Kingdom imported $1.36B in Coated Flat-Rolled Iron, becoming the 13th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 98th most imported product in United Kingdom. United Kingdom imports Coated Flat-Rolled Iron primarily from: South Korea ($206M), Belgium ($194M), Vietnam ($184M), France ($143M), and India ($126M).

The fastest growing import markets in Coated Flat-Rolled Iron for United Kingdom between 2021 and 2022 were South Korea ($39.2M), Finland ($11.7M), and Tunisia ($6.79M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Coated Flat-Rolled Iron from United Kingdom to the United States.

Latest Trends

January 2024

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Overview In January 2024 United Kingdom's Coated Flat-Rolled Iron exports accounted up to £24.8M and imports accounted up to £87.1M, resulting in a negative trade balance of £62.4M. Between January 2023 and January 2024 the exports of United Kingdom's Coated Flat-Rolled Iron have increased by £1.98M (8.67%) from £22.8M to £24.8M, while imports increased by £28.6M (48.8%) from £58.6M to £87.1M.

Destinations In January 2024, Coated Flat-Rolled Iron were exported mostly to Ireland (£6.71M), Netherlands (£5.43M), United States (£2.76M), Spain (£1.55M), and France (£1.03M), and were imported mostly from South Korea (£19.2M), India (£14M), Belgium (£13.2M), France (£7.73M), and Vietnam (£7.01M).

Growth In January 2024, the increase in Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Ireland (£2.89M or 50.9%), United States (£2.66M or 585%), and Netherlands (£1.5M or 105%). In January 2024, the increase in Coated Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from Ireland (£307k or 164%) and Switzerland (£7.78k or 13%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£1.98M(8.67%)

IMPORT GROWTH (January 2023 - January 2024)£28.6M(48.8%)

MAIN EXPORTER (January 2024)Newport- Gwent£5.65M

MAIN DESTINATION (January 2024)Ireland£6.71M

This section shows Coated Flat-Rolled Iron'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 Coated Flat-Rolled Iron over time.

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