Arts and Antiques in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $5.39B in Arts and Antiques, making it the 2nd largest exporter of Arts and Antiques in the world. At the same year, Arts and Antiques was the 13th most exported product in United Kingdom. The main destination of Arts and Antiques exports from United Kingdom are: United States ($2.03B), Switzerland ($462M), United Kingdom ($440M), France ($420M), and Hong Kong ($372M).

The fastest growing export markets for Arts and Antiques of United Kingdom between 2021 and 2022 were United States ($261M), United Kingdom ($248M), and Netherlands ($166M).

Imports In 2022, United Kingdom imported $3.67B in Arts and Antiques, becoming the 3rd largest importer of Arts and Antiques in the world. At the same year, Arts and Antiques was the 19th most imported product in United Kingdom. United Kingdom imports Arts and Antiques primarily from: United States ($1.76B), United Kingdom ($440M), France ($405M), Switzerland ($246M), and Germany ($227M).

The fastest growing import markets in Arts and Antiques for United Kingdom between 2021 and 2022 were United Kingdom ($248M), United States ($219M), and France ($205M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1.39k) were at the forefront of shipping Arts and Antiques from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Arts and Antiques exports accounted up to £302M and imports accounted up to £165M, resulting in a positive trade balance of £137M. Between January 2023 and January 2024 the exports of United Kingdom's Arts and Antiques have decreased by £-44.2M (-12.8%) from £346M to £302M, while imports increased by £41.9M (34.1%) from £123M to £165M.

Destinations In January 2024, Arts and Antiques were exported mostly to United States (£140M), France (£69.8M), Switzerland (£18.1M), Germany (£11.6M), and Belgium (£10.3M), and were imported mostly from United States (£102M), Germany (£17.8M), Switzerland (£9.15M), France (£9.08M), and Belgium (£5.52M).

Growth In January 2024, the decrease in Arts and Antiques's year-by-year exports was explained primarily by a decrease in exports to United States (£-26.3M or -14.2%), South Korea (£-9.31M or -77.6%), and Hong Kong (£-8.08M or -55.2%). In January 2024, the increase in Arts and Antiques's year-by-year imports was explained primarily by an increase in imports from Netherlands (£4.93M or 279%), Italy (£2.88M or 171%), and Spain (£2.76M or 286%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-44.2M(-12.8%)

IMPORT GROWTH (January 2023 - January 2024)£41.9M(34.1%)

MAIN EXPORTER (January 2024)London Heathrow Airport£138M

MAIN DESTINATION (January 2024)United States£140M

This section shows Arts and Antiques'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 Arts and Antiques over time.

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