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2022
Exports $121MWorld Rnk 11 / 179
Flag Rnk 364 / 1216
2022
Destination $9.45M Belgium
2021 - 2022
FASTEST GROWING MARKET $9.45MCzechia
2022
PRODUCT COMPLEXITY IN Candles0.33Rnk 433 / 1025
2022
Imports $373MWorld Rnk 3 / 219
Flag Rnk 317 / 1214
2022
Origin $8.75M China
2021 - 2022
FASTEST GROWING ORIGIN $8.75MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $121M in Candles, making it the 11th largest exporter of Candles in the world. At the same year, Candles was the 364th most exported product in United Kingdom. The main destination of Candles exports from United Kingdom are: Belgium ($27M), Ireland ($19.2M), Czechia ($17.4M), United States ($9.84M), and United Kingdom ($9.47M).

The fastest growing export markets for Candles of United Kingdom between 2021 and 2022 were Czechia ($9.45M), United Kingdom ($8.75M), and Belgium ($3.34M).

Imports In 2022, United Kingdom imported $373M in Candles, becoming the 3rd largest importer of Candles in the world. At the same year, Candles was the 317th most imported product in United Kingdom. United Kingdom imports Candles primarily from: China ($113M), Poland ($44.5M), Czechia ($41.5M), Vietnam ($38.5M), and United States ($35.3M).

The fastest growing import markets in Candles for United Kingdom between 2021 and 2022 were United Kingdom ($8.75M), Belgium ($3.67M), and Ireland ($2.39M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Candles exports accounted up to £3.73M and imports accounted up to £15.3M, resulting in a negative trade balance of £11.5M. Between June 2023 and June 2024 the exports of United Kingdom's   Candles have decreased by £-3.05M (-44.9%) from £6.78M to £3.73M, while imports decreased by £-2.23M (-12.8%) from £17.5M to £15.3M.

Destinations In June 2024, Candles were exported mostly to Belgium (£1.66M), Singapore (£517k), Ireland (£508k), Czechia (£207k), and United States (£116k), and were imported mostly from China (£6.14M), Czechia (£2.41M), Poland (£1.42M), Belgium (£1.3M), and France (£627k).

Growth In June 2024, the decrease in Candles's year-by-year exports was explained primarily by a decrease in exports to South Korea (£-222k or -97.5%), Ireland (£-206k or -21.5%), and Portugal (£-101k or -99%). In June 2024, the decrease in Candles's year-by-year imports was explained primarily by a decrease in imports from China (£-4.35M or -40.2%), Vietnam (£-1.84M or -62.3%), and Hong Kong (£-237k or -91.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-3.05M(-44.9%)
IMPORT GROWTH (June 2023 - June 2024)£-2.23M(-12.8%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£3.48M
MAIN DESTINATION (June 2024)Belgium£1.66M

This section shows Candles'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 Candles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$121M
IMPORTS (2022)$373M
NET TRADE (2022)-$252M

In 2022, United Kingdom exported $121M in Candles. The main destinations of United Kingdom exports on Candles were Belgium ($27M), Ireland ($19.2M), Czechia ($17.4M), United States ($9.84M), and United Kingdom ($9.47M).

In 2022, United Kingdom imported $373M in Candles, mainly from China ($113M), Poland ($44.5M), Czechia ($41.5M), Vietnam ($38.5M), and United States ($35.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Czechia$9.45M (118%)
United Kingdom$8.75M (1.23k%)
Belgium$3.34M (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY United Kingdom WERE (2021 - 2022):
Netherlands-$7.92M (-64.2%)
Ireland-$7.75M (-28.8%)
France-$4.16M (-48.2%)
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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 Candles were:
China $1.27B
Poland $987M
Vietnam $615M
In 2022, United Kingdom's main importing competitors in Candles were:
United States $1.08B
Germany $681M

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.08M
TOP IMPORT POTENTIALPoland+ $6.65M

Candles’s highest export potential is United States. With an export gap of $6.08M.   Candles’s highest import potential is Poland with an import gap of $6.65M.

See methodology.

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