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Pricing

2022
Exports $111MWorld Rnk 3 / 92
Flag Rnk 525 / 4579
2022
Destination $26.4MN/A
2021 - 2022
FASTEST GROWING MARKET $26.4MItaly
2022
Imports $23.5MWorld Rnk 12 / 124
Flag Rnk 2129 / 4560
2022
Origin $20.4M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $20.4MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

The fastest growing export markets for Residues of petroleum oils etc. nes of United Kingdom between 2021 and 2022 were Italy ($26.4M), Egypt ($11.2M), and Spain ($9.82M).

Imports In 2022, United Kingdom imported $23.5M in Residues of petroleum oils etc. nes, becoming the 12th largest importer of Residues of petroleum oils etc. nes in the world. At the same year, Residues of petroleum oils etc. nes was the 2129th most imported product in United Kingdom. United Kingdom imports Residues of petroleum oils etc. nes primarily from: Netherlands ($21M), Germany ($1.42M), Poland ($964k), Italy ($144k), and United States ($13k).

The fastest growing import markets in Residues of petroleum oils etc. nes for United Kingdom between 2021 and 2022 were Netherlands ($20.4M), Germany ($773k), and Poland ($160k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (6.62k), Diageo Beverages (3.83k), and J.C. Bamford (1.28k) were at the forefront of shipping Residues of petroleum oils etc. nes from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Residues of petroleum oils etc. nes exports accounted up to £3.1M and imports accounted up to £90k, resulting in a positive trade balance of £3.01M. Between April 2023 and June 2024 the exports of United Kingdom's   Residues of petroleum oils etc. nes have decreased by £-2.05M (-39.8%) from £5.16M to £3.1M, while imports decreased by £-20.8k (-18.8%) from £111k to £90k.

Destinations In June 2024, Residues of petroleum oils etc. nes were exported mostly to Spain (£3.1M) and Ireland (£5.34k), and were imported mostly from Poland (£90k).

Growth In June 2024, the decrease in Residues of petroleum oils etc. nes's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Residues of petroleum oils etc. nes's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-3.38k or -3.14%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)£-2.05M(-39.8%)
IMPORT GROWTH (May 2023 - June 2024)£-20.8k(-18.8%)
MAIN DESTINATION (June 2024)Spain£3.1M

This section shows Residues of petroleum oils etc. nes'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 Residues of petroleum oils etc. nes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$111M
IMPORTS (2022)$23.5M
NET TRADE (2022)$87.8M

In 2022, United Kingdom imported $23.5M in Residues of petroleum oils etc. nes, mainly from Netherlands ($21M), Germany ($1.42M), Poland ($964k), Italy ($144k), and United States ($13k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Residues of petroleum oils etc. nes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Italy$26.4M (214%)
Egypt$11.2M (43%)
Spain$9.82M (82.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Residues of petroleum oils etc. nes BY United Kingdom WERE (2021 - 2022):
France-$3.29M (-100%)
Hungary-$630k (-48.6%)
Ukraine-$97.9k (-100%)
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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 Residues of petroleum oils etc. nes were:
Indonesia $722M
Japan $112M
In 2022, United Kingdom's main importing competitors in Residues of petroleum oils etc. nes were:
Singapore $436M
Malaysia $201M
Hong Kong $150M

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Trade Value of Residues of petroleum oils etc. nes by Exporters

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