Granite in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $2.99M in Granite, making it the 36th largest exporter of Granite in the world. At the same year, Granite was the 1023rd most exported product in United Kingdom. The main destination of Granite exports from United Kingdom are: United Kingdom ($810k), Belgium ($704k), Ireland ($480k), Spain ($226k), and United States ($201k).

The fastest growing export markets for Granite of United Kingdom between 2021 and 2022 were United Kingdom ($810k), Belgium ($151k), and India ($113k).

Imports In 2022, United Kingdom imported $96.3M in Granite, becoming the 3rd largest importer of Granite in the world. At the same year, Granite was the 599th most imported product in United Kingdom. United Kingdom imports Granite primarily from: India ($50.3M), Norway ($23.1M), China ($7.23M), Spain ($5.88M), and Portugal ($2.45M).

The fastest growing import markets in Granite for United Kingdom between 2021 and 2022 were United Arab Emirates ($1.4M), Spain ($1.39M), and United Kingdom ($810k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Granite from United Kingdom to the United States.

Latest Trends

March 2024

About

Overview In March 2024 United Kingdom's Granite exports accounted up to £151k and imports accounted up to £12.1M, resulting in a negative trade balance of £12M. Between March 2023 and March 2024 the exports of United Kingdom's Granite have increased by £26.6k (21.5%) from £124k to £151k, while imports decreased by £-1.76M (-12.7%) from £13.9M to £12.1M.

Destinations In March 2024, Granite were exported mostly to Ireland (£89.3k), Italy (£25.4k), Spain (£11k), Portugal (£10.9k), and United States (£7.15k), and were imported mostly from Norway (£7.25M), India (£3.12M), China (£617k), Denmark (£432k), and Spain (£417k).

Growth In March 2024, the increase in Granite's year-by-year exports was explained primarily by an increase in exports to . In March 2024, the decrease in Granite's year-by-year imports was explained primarily by a decrease in imports from India (£-7.83M or -68.4%), Norway (£-808k or -16.2%), and China (£-516k or -56.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)£26.6k(21.5%)

IMPORT GROWTH (March 2023 - March 2024)£-1.76M(-12.7%)

MAIN EXPORTER (March 2024)Southampton£339k

MAIN DESTINATION (March 2024)Ireland£89.3k

This section shows Granite'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 Granite over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.99M

IMPORTS (2022)$96.3M

NET TRADE (2022)-$93.3M

In 2022, United Kingdom exported $2.99M in Granite. The main destinations of United Kingdom exports on Granite were United Kingdom ($810k), Belgium ($704k), Ireland ($480k), Spain ($226k), and United States ($201k).

In 2022, United Kingdom imported $96.3M in Granite, mainly from India ($50.3M), Norway ($23.1M), China ($7.23M), Spain ($5.88M), and Portugal ($2.45M).

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