Arts and Antiques in United Kingdom 2020 Exports | Imports : $2.81B | $2.79B, World Rnk 2 / 220 Rnk 15 / 21 | World Rnk 2 / 217 Rnk 19 / 21
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $124M | $56.7M, Bermuda | Norway
2020 ECONOMIC COMPLEXITY of United Kingdom: 1.42, Rnk 13 / 127
2020 PRODUCT COMPLEXITY IN Arts and Antiques: 0.65, Rnk 303 / 1029
Exports In 2020, United Kingdom exported $2.81B 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 15th most exported product in United Kingdom. The main destination of Arts and Antiques exports from United Kingdom are: United States ($1.54B), Switzerland ($338M), Hong Kong ($262M), Bermuda ($129M), and France ($65.7M).
The fastest growing export markets for Arts and Antiques of United Kingdom between 2019 and 2020 were Bermuda ($124M), Qatar ($11.1M), and Portugal ($5.94M).
Imports In 2020, United Kingdom imported $2.79B in Arts and Antiques, becoming the 2nd 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 ($2.08B), Switzerland ($146M), France ($101M), Norway ($65.3M), and Netherlands ($57.7M).
The fastest growing import markets in Arts and Antiques for United Kingdom between 2019 and 2020 were Norway ($56.7M), Netherlands ($45.9M), and China ($4.72M).
November 2022
Overview In November 2022 United Kingdom's Arts and Antiques exports accounted up to £359M and imports accounted up to £175M, resulting in a positive trade balance of £183M. Between November 2021 and November 2022 the exports of United Kingdom's Arts and Antiques have decreased by £-49.4M (-12.1%) from £408M to £359M, while imports increased by £58.4M (49.9%) from £117M to £175M.
Destinations In November 2022, Arts and Antiques were exported mostly to United States (£195M), Switzerland (£41.3M), France (£20.5M), Germany (£17.3M), and Hong Kong (£12.8M), and were imported mostly from United States (£57.3M), Switzerland (£24.2M), Hong Kong (£23.6M), France (£22.2M), and Netherlands (£13.4M).
Growth In November 2022, the decrease in Arts and Antiques's year-by-year exports was explained primarily by a decrease in exports to United States (£-334M or -81.2%), Hong Kong (£-52.8M or -75.5%), and Switzerland (£-47.6M or -49.6%). In November 2022, the increase in Arts and Antiques's year-by-year imports was explained primarily by an increase in imports from Norway (£1.99M or 1.03k%), Denmark (£620k or 119k%), and Canada (£68.3k or 10.2%).
EXPORT GROWTH (November 2021 - November 2022): £-49.4M, (-12.1%)
IMPORT GROWTH (November 2021 - November 2022): £58.4M, (49.9%)
MAIN EXPORTER (November 2022): London Heathrow Airport, £200M
MAIN DESTINATION (November 2022): United States, £195M
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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EXPORTS (2020): $2.81B
IMPORTS (2020): $2.79B
NET TRADE (2020): $21.6M
In 2020, United Kingdom exported $2.81B in Arts and Antiques. The main destinations of United Kingdom exports on Arts and Antiques were United States ($1.54B), Switzerland ($338M), Hong Kong ($262M), Bermuda ($129M), and France ($65.7M).
In 2020, United Kingdom imported $2.79B in Arts and Antiques, mainly from United States ($2.08B), Switzerland ($146M), France ($101M), Norway ($65.3M), and Netherlands ($57.7M).
THE FASTEST GROWING Arts and Antiques EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Arts and Antiques BY United Kingdom WERE (2019 - 2020):
In 2020, United Kingdom's main exporting competitors in Arts and Antiques were:
In 2020, United Kingdom's main importing competitors in Arts and Antiques were:
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