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2022
Exports $1.98BWorld Rnk 10 / 216
Flag Rnk 35 / 1216
2022
Destination $44M Ireland
2021 - 2022
FASTEST GROWING MARKET $44MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $2.37BWorld Rnk 6 / 223
Flag Rnk 53 / 1214
2022
Origin $46M United States
2021 - 2022
FASTEST GROWING ORIGIN $46MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.98B in Beauty Products, making it the 10th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 35th most exported product in United Kingdom. The main destination of Beauty Products exports from United Kingdom are: Ireland ($275M), United States ($244M), Belgium ($206M), China ($137M), and Netherlands ($110M).

The fastest growing export markets for Beauty Products of United Kingdom between 2021 and 2022 were United Kingdom ($44M), Poland ($29.1M), and Spain ($16.2M).

Imports In 2022, United Kingdom imported $2.37B in Beauty Products, becoming the 6th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 53rd most imported product in United Kingdom. United Kingdom imports Beauty Products primarily from: United States ($437M), France ($434M), China ($279M), Germany ($169M), and Poland ($139M).

The fastest growing import markets in Beauty Products for United Kingdom between 2021 and 2022 were United States ($46M), United Kingdom ($44M), and Canada ($23.6M).

COMPANIES In 2023, leading companies such as Walgreens (6), LG Electronics (4), and Amazon (2) were at the forefront of shipping Beauty Products from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Beauty Products exports accounted up to £139M and imports accounted up to £228M, resulting in a negative trade balance of £89.3M. Between August 2023 and August 2024 the exports of United Kingdom's   Beauty Products have decreased by £-8.01M (-5.47%) from £147M to £139M, while imports increased by £31.5M (16%) from £196M to £228M.

Destinations In August 2024, Beauty Products were exported mostly to Belgium (£20.2M), Ireland (£16.9M), United States (£13.6M), Czechia (£11.9M), and Poland (£11.1M), and were imported mostly from China (£41.7M), France (£40.5M), United States (£37.8M), Poland (£13.6M), and Italy (£11.7M).

Growth In August 2024, the decrease in Beauty Products's year-by-year exports was explained primarily by a decrease in exports to United States (£-5.12M or -30.2%), Czechia (£-4.05M or -55.7%), and Hong Kong (£-792k or -34.6%). In August 2024, the increase in Beauty Products's year-by-year imports was explained primarily by an increase in imports from France (£7.14M or 30%), Poland (£5.79M or 102%), and Canada (£4.5M or 143%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-8.01M(-5.47%)
IMPORT GROWTH (August 2023 - August 2024)£31.5M(16%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£72.4M
MAIN DESTINATION (August 2024)Belgium£20.2M

This section shows Beauty Products'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 Beauty Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.98B
IMPORTS (2022)$2.37B
NET TRADE (2022)-$384M

In 2022, United Kingdom exported $1.98B in Beauty Products. The main destinations of United Kingdom exports on Beauty Products were Ireland ($275M), United States ($244M), Belgium ($206M), China ($137M), and Netherlands ($110M).

In 2022, United Kingdom imported $2.37B in Beauty Products, mainly from United States ($437M), France ($434M), China ($279M), Germany ($169M), and Poland ($139M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$44M (811%)
Poland$29.1M (51.2%)
Spain$16.2M (29.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY United Kingdom WERE (2021 - 2022):
Belgium-$81.8M (-28.5%)
Netherlands-$35.8M (-24.5%)
Russia-$34.9M (-79.8%)
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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 Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, United Kingdom's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $79.6M
TOP IMPORT POTENTIALFrance+ $122M

Beauty Products’s highest export potential is China. With an export gap of $79.6M.   Beauty Products’s highest import potential is France with an import gap of $122M.

See methodology.

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