Antiques in United Kingdom

EXPORTS (2018): $918M, World Rnk 1 / 148
Flag Rnk 86 / 1215

TOP DESTINATION (2018): $576M, United States

FASTEST GROWING IN MARKET (2017 - 2018): $576M, United States

IMPORTS (2018): $338M, World Rnk 3 / 124
Flag Rnk 327 / 1212

TOP ORIGIN (2018): $207M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $127M, United States

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

PRODUCT COMPLEXITY  IN Antiques (2018): -1.06, Rnk 837 / 1018

Exports: In 2018, United Kingdom exported $918M in Antiques, making it the 1st largest exporter of Antiques in the world. At the same year, Antiques was the 86th most exported product in United Kingdom. The main destination of Antiques exports from United Kingdom are: United States ($576M), Hong Kong ($193M), Switzerland ($26.3M), China ($18.6M), and Italy ($11.7M).

The fastest growing export markets for Antiques of United Kingdom between 2017 and 2018 were United States ($576M), Hong Kong ($41.7M), and China ($11.7M).

Imports: In 2018, United Kingdom imported $338M in Antiques, becoming the 3rd largest importer of Antiques in the world. At the same year, Antiques was the 327th most imported product in United Kingdom. United Kingdom imports Antiques primarily from: United States ($207M), Switzerland ($23.1M), Hong Kong ($17.7M), India ($16.7M), and France ($11.4M).

The fastest growing import markets in Antiques for United Kingdom between 2017 and 2018 were United States ($127M), India ($14.4M), and Hong Kong ($9.93M).

Overview: In May 2020 United Kingdom's Antiques exports accounted up to £5.08M and imports accounted up to £1.42M, resulting in a positive trade balance of £3.66M. Between May 2019 and May 2020 the exports of United Kingdom's   Antiques have decreased by £-71.1M (-93.3%) from £76.2M to £5.08M, while imports decreased by £-9.96M (-87.6%) from £11.4M to £1.42M.

Destinations: In May 2020 Antiques exported mostly to United States (£2.22M), Hong Kong (£1.78M), Japan (£333k), Switzerland (£246k), and Singapore (£89.2k), and imported mostly from United States (£1.1M), Switzerland (£110k), Netherlands (£59k), Hong Kong (£58.8k), and Australia (£25.2k).

Growth: In May 2020, the decrease in Antiques's year-by-year exports was explained primarily by a decrease in exports to United States (£-37M or -94.3%), Hong Kong (£-14.2M or -88.9%), and Switzerland (£-10.4M or -97.7%). In May 2020, the decrease in Antiques's year-by-year imports was explained primarily by a decrease in imports from United States (£-4.2M or -79.2%), Switzerland (£-2.07M or -94.9%), and Japan (£-975k or -98.1%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (May 2019 - May 2020): £-71.1M, (-93.3%)

IMPORT GROWTH (May 2019 - May 2020): £-9.96M, (-87.6%)

MAIN EXPORTER (May 2020): London Heathrow Airport, £2.49M

MAIN DESTINATION (May 2020): United States, £2.22M

This section shows Antiques'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 Antiques over time.

Value

EXPORTS (2018): $918M

IMPORTS (2018): $338M

NET TRADE (2018): $580M

In 2018, United Kingdom exported $918M in Antiques. The main destinations of United Kingdom exports on Antiques were United States ($576M), Hong Kong ($193M), Switzerland ($26.3M), China ($18.6M), and Italy ($11.7M).

In 2018, United Kingdom imported $338M in Antiques, mainly from United States ($207M), Switzerland ($23.1M), Hong Kong ($17.7M), India ($16.7M), and France ($11.4M).

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IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Antiques WITH:

  • United States, $369M ($576M - $207M)
  • Hong Kong, $175M ($193M - $17.7M)
  • China, $10.9M ($18.6M - $7.68M)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Antiques WITH:

  • India, -$15.4M ($1.26M - $16.7M)
  • Egypt, -$7.84M ($32k - $7.87M)
  • Ireland, -$2.04M ($81k - $2.12M)
Flow

THE FASTEST GROWING Antiques EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Antiques BY United Kingdom WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United Kingdom's main exporting competitors in Antiques were:

In 2018, United Kingdom's main importing competitors in Antiques were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Antiques in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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