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2022
Exports $52.2MWorld Rnk 1 / 116
Flag Rnk 532 / 1216
2022
Destination $27.3M India
2021 - 2022
FASTEST GROWING MARKET $27.3MIndia
2022
Imports $6.61MWorld Rnk 15 / 165
Flag Rnk 1049 / 1214
2022
Origin $791k Germany
2021 - 2022
FASTEST GROWING ORIGIN $791kUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $52.2M in Scrap Rubber, making it the 1st largest exporter of Scrap Rubber in the world. At the same year, Scrap Rubber was the 532nd most exported product in United Kingdom. The main destination of Scrap Rubber exports from United Kingdom are: India ($39.2M), Turkey ($3.19M), Morocco ($2.5M), Netherlands ($1.61M), and Denmark ($1.29M).

The fastest growing export markets for Scrap Rubber of United Kingdom between 2021 and 2022 were India ($27.3M), Morocco ($2.18M), and Denmark ($1.27M).

Imports In 2022, United Kingdom imported $6.61M in Scrap Rubber, becoming the 15th largest importer of Scrap Rubber in the world. At the same year, Scrap Rubber was the 1049th most imported product in United Kingdom. United Kingdom imports Scrap Rubber primarily from: Germany ($1.92M), Denmark ($1.47M), Netherlands ($831k), United States ($825k), and Italy ($637k).

The fastest growing import markets in Scrap Rubber for United Kingdom between 2021 and 2022 were United States ($791k), Germany ($376k), and Czechia ($276k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Scrap Rubber exports accounted up to £5.01M and imports accounted up to £529k, resulting in a positive trade balance of £4.48M. Between June 2023 and June 2024 the exports of United Kingdom's   Scrap Rubber have increased by £2.19M (77.6%) from £2.82M to £5.01M, while imports decreased by £-349k (-39.7%) from £878k to £529k.

Destinations In June 2024, Scrap Rubber were exported mostly to India (£4.2M), Netherlands (£265k), Turkey (£253k), Canada (£95.5k), and Ireland (£91.4k), and were imported mostly from United States (£204k), Netherlands (£96.2k), Denmark (£95k), Italy (£75.2k), and Malaysia (£22.2k).

Growth In June 2024, the increase in Scrap Rubber's year-by-year exports was explained primarily by an increase in exports to India (£1.18M or 99.7%), Turkey (£293k or 2.75k%), and Netherlands (£38.7k or 157%). In June 2024, the decrease in Scrap Rubber's year-by-year imports was explained primarily by a decrease in imports from Denmark (£-58k or -60.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£2.19M(77.6%)
IMPORT GROWTH (June 2023 - June 2024)£-349k(-39.7%)
MAIN EXPORTER (June 2024)Southampton£2.63M
MAIN DESTINATION (June 2024)India£4.2M

This section shows Scrap Rubber'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 Scrap Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.2M
IMPORTS (2022)$6.61M
NET TRADE (2022)$45.6M

In 2022, United Kingdom exported $52.2M in Scrap Rubber. The main destinations of United Kingdom exports on Scrap Rubber were India ($39.2M), Turkey ($3.19M), Morocco ($2.5M), Netherlands ($1.61M), and Denmark ($1.29M).

In 2022, United Kingdom imported $6.61M in Scrap Rubber, mainly from Germany ($1.92M), Denmark ($1.47M), Netherlands ($831k), United States ($825k), and Italy ($637k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Rubber EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
India$27.3M (231%)
Morocco$2.18M (668%)
Denmark$1.27M (8.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Rubber BY United Kingdom WERE (2021 - 2022):
France-$702k (-72.3%)
Pakistan-$179k (-23.1%)
Norway-$146k (-64.6%)
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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 Scrap Rubber were:
United States $36M
France $25M
In 2022, United Kingdom's main importing competitors in Scrap Rubber were:
India $87.9M
Turkey $27.9M
United States $24M

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Trade Value of Scrap Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $405k
TOP IMPORT POTENTIALItaly+ $192k

Scrap Rubber’s highest export potential is Germany. With an export gap of $405k.   Scrap Rubber’s highest import potential is Italy with an import gap of $192k.

See methodology.

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