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2022
Exports $1.19BWorld Rnk 12 / 210
Flag Rnk 66 / 1216
2022
Destination $26.8M Ireland
2021 - 2022
FASTEST GROWING MARKET $26.8MUnited States
2022
PRODUCT COMPLEXITY IN Baked Goods-0.32Rnk 655 / 1025
2022
Imports $3.24BWorld Rnk 3 / 226
Flag Rnk 33 / 1214
2022
Origin $128M France
2021 - 2022
FASTEST GROWING ORIGIN $128MPoland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.19B in Baked Goods, making it the 12th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 66th most exported product in United Kingdom. The main destination of Baked Goods exports from United Kingdom are: Ireland ($320M), France ($139M), United States ($97.3M), Netherlands ($87.4M), and Australia ($67.7M).

The fastest growing export markets for Baked Goods of United Kingdom between 2021 and 2022 were United States ($26.8M), Japan ($9.69M), and United Arab Emirates ($9.05M).

Imports In 2022, United Kingdom imported $3.24B in Baked Goods, becoming the 3rd largest importer of Baked Goods in the world. At the same year, Baked Goods was the 33rd most imported product in United Kingdom. United Kingdom imports Baked Goods primarily from: France ($490M), Germany ($454M), Ireland ($435M), Netherlands ($317M), and Poland ($298M).

The fastest growing import markets in Baked Goods for United Kingdom between 2021 and 2022 were Poland ($128M), France ($67.9M), and Belgium ($56.3M).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (2) and Goya Foods (1) were at the forefront of shipping Baked Goods from United Kingdom to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Baked Goods exports accounted up to £102M and imports accounted up to £297M, resulting in a negative trade balance of £196M. Between July 2023 and July 2024 the exports of United Kingdom's   Baked Goods have increased by £13.8M (15.7%) from £87.9M to £102M, while imports increased by £18.1M (6.49%) from £279M to £297M.

Destinations In July 2024, Baked Goods were exported mostly to Ireland (£32.3M), Australia (£8.97M), Netherlands (£8.78M), United States (£8.61M), and France (£7.87M), and were imported mostly from France (£44M), Belgium (£38.7M), Ireland (£37.9M), Germany (£37.3M), and Poland (£27.1M).

Growth In July 2024, the increase in Baked Goods's year-by-year exports was explained primarily by an increase in exports to Ireland (£4.34M or 25.2%), Netherlands (£3.3M or 73.9%), and Poland (£1.02M or 160%). In July 2024, the increase in Baked Goods's year-by-year imports was explained primarily by an increase in imports from Belgium (£17.7M or 95.4%), France (£10.8M or 39.8%), and Poland (£8.91M or 66.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£13.8M(15.7%)
IMPORT GROWTH (July 2023 - July 2024)£18.1M(6.49%)
MAIN EXPORTER (July 2024)Dover Eurotunnel£20.7M
MAIN DESTINATION (July 2024)Ireland£32.3M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.19B
IMPORTS (2022)$3.24B
NET TRADE (2022)-$2.05B

In 2022, United Kingdom exported $1.19B in Baked Goods. The main destinations of United Kingdom exports on Baked Goods were Ireland ($320M), France ($139M), United States ($97.3M), Netherlands ($87.4M), and Australia ($67.7M).

In 2022, United Kingdom imported $3.24B in Baked Goods, mainly from France ($490M), Germany ($454M), Ireland ($435M), Netherlands ($317M), and Poland ($298M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$26.8M (38%)
Japan$9.69M (103%)
United Arab Emirates$9.05M (30.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY United Kingdom WERE (2021 - 2022):
Ireland-$49.2M (-13.3%)
Saudi Arabia-$4.83M (-18.7%)
Sweden-$4.2M (-17.4%)
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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 Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, United Kingdom's main importing competitors in Baked Goods were:
United States $9.29B
Germany $3.27B

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $61M
TOP IMPORT POTENTIALGermany+ $62M

Baked Goods’s highest export potential is United States. With an export gap of $61M.   Baked Goods’s highest import potential is Germany with an import gap of $62M.

See methodology.

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