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2022
Exports $58.5MWorld Rnk 11 / 169
Flag Rnk 509 / 1216
2022
Destination $926k United States
2021 - 2022
FASTEST GROWING MARKET $926kUnited States
2022
PRODUCT COMPLEXITY IN Saddlery-0.063Rnk 569 / 1025
2022
Imports $187MWorld Rnk 3 / 211
Flag Rnk 460 / 1214
2022
Origin $2.53M China
2021 - 2022
FASTEST GROWING ORIGIN $2.53MItaly
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $58.5M in Saddlery, making it the 11th largest exporter of Saddlery in the world. At the same year, Saddlery was the 509th most exported product in United Kingdom. The main destination of Saddlery exports from United Kingdom are: United States ($15M), Netherlands ($11.1M), Germany ($7.71M), France ($4.34M), and Australia ($2.94M).

The fastest growing export markets for Saddlery of United Kingdom between 2021 and 2022 were United States ($926k), China ($844k), and Netherlands ($315k).

Imports In 2022, United Kingdom imported $187M in Saddlery, becoming the 3rd largest importer of Saddlery in the world. At the same year, Saddlery was the 460th most imported product in United Kingdom. United Kingdom imports Saddlery primarily from: China ($94M), India ($35.2M), Germany ($12.6M), Netherlands ($5.74M), and Italy ($5.73M).

The fastest growing import markets in Saddlery for United Kingdom between 2021 and 2022 were Italy ($2.53M), France ($2.17M), and Cambodia ($886k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Saddlery exports accounted up to £2.83M and imports accounted up to £8.99M, resulting in a negative trade balance of £6.16M. Between June 2023 and June 2024 the exports of United Kingdom's   Saddlery have decreased by £-437k (-13.4%) from £3.26M to £2.83M, while imports increased by £1.22M (15.6%) from £7.77M to £8.99M.

Destinations In June 2024, Saddlery were exported mostly to United States (£821k), Netherlands (£403k), France (£333k), Germany (£226k), and Ireland (£156k), and were imported mostly from China (£3.34M), India (£2.19M), Germany (£557k), Netherlands (£475k), and France (£386k).

Growth In June 2024, the decrease in Saddlery's year-by-year exports was explained primarily by a decrease in exports to Germany (£-172k or -41.4%), France (£-69.6k or -34.1%), and Sweden (£-56.1k or -61.6%). In June 2024, the increase in Saddlery's year-by-year imports was explained primarily by an increase in imports from Denmark (£31.7k or 69.9%), Finland (£26.5k or 130%), and Norway (£18.4k or 121%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-437k(-13.4%)
IMPORT GROWTH (June 2023 - June 2024)£1.22M(15.6%)
MAIN EXPORTER (June 2024)East Midlands Airport£1.03M
MAIN DESTINATION (June 2024)United States£821k

This section shows Saddlery'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 Saddlery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.5M
IMPORTS (2022)$187M
NET TRADE (2022)-$128M

In 2022, United Kingdom exported $58.5M in Saddlery. The main destinations of United Kingdom exports on Saddlery were United States ($15M), Netherlands ($11.1M), Germany ($7.71M), France ($4.34M), and Australia ($2.94M).

In 2022, United Kingdom imported $187M in Saddlery, mainly from China ($94M), India ($35.2M), Germany ($12.6M), Netherlands ($5.74M), and Italy ($5.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Saddlery EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$926k (6.58%)
China$844k (2.25k%)
Netherlands$315k (2.93%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saddlery BY United Kingdom WERE (2021 - 2022):
Ireland-$1.88M (-39%)
Sweden-$891k (-55.9%)
Spain-$539k (-71.9%)
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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 Saddlery were:
China $1.34B
India $273M
Germany $219M
In 2022, United Kingdom's main importing competitors in Saddlery were:
United States $813M
Germany $282M

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Trade Value of Saddlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.07M
TOP IMPORT POTENTIALGermany+ $3.41M

Saddlery’s highest export potential is United States. With an export gap of $3.07M.   Saddlery’s highest import potential is Germany with an import gap of $3.41M.

See methodology.

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