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2022
Exports $92.8MWorld Rnk 3 / 121
Flag Rnk 415 / 1216
2022
Destination $2.78M China
2021 - 2022
FASTEST GROWING MARKET $2.78MDenmark
2022
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.58Rnk 333 / 1025
2022
Imports $21.5MWorld Rnk 15 / 161
Flag Rnk 904 / 1214
2022
Origin $1.93M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.93MLatvia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $92.8M in Carded Wool or Animal Hair Fabric, making it the 3rd largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 415th most exported product in United Kingdom. The main destination of Carded Wool or Animal Hair Fabric exports from United Kingdom are: China ($12.7M), Denmark ($11.9M), Germany ($8.53M), Thailand ($8.17M), and United States ($7.03M).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of United Kingdom between 2021 and 2022 were Denmark ($2.78M), France ($1.56M), and United Kingdom ($1.01M).

Imports In 2022, United Kingdom imported $21.5M in Carded Wool or Animal Hair Fabric, becoming the 15th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 904th most imported product in United Kingdom. United Kingdom imports Carded Wool or Animal Hair Fabric primarily from: Italy ($9.39M), Latvia ($1.93M), India ($1.89M), Lithuania ($1.69M), and United Kingdom ($1.07M).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for United Kingdom between 2021 and 2022 were Latvia ($1.93M), Italy ($1.86M), and United Kingdom ($1.01M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Carded Wool or Animal Hair Fabric exports accounted up to £7.83M and imports accounted up to £984k, resulting in a positive trade balance of £6.85M. Between June 2023 and June 2024 the exports of United Kingdom's   Carded Wool or Animal Hair Fabric have decreased by £-421k (-5.1%) from £8.25M to £7.83M, while imports decreased by £-574k (-36.9%) from £1.56M to £984k.

Destinations In June 2024, Carded Wool or Animal Hair Fabric were exported mostly to South Korea (£940k), China (£800k), Italy (£698k), United States (£676k), and France (£608k), and were imported mostly from Italy (£363k), Latvia (£140k), India (£89.6k), Vietnam (£87.5k), and Bulgaria (£66.4k).

Growth In June 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to Denmark (£-315k or -58.1%), United States (£-157k or -32%), and Thailand (£-91.1k or -16.2%). In June 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-421k(-5.1%)
IMPORT GROWTH (June 2023 - June 2024)£-574k(-36.9%)
MAIN EXPORTER (June 2024)London Heathrow Airport£2.32M
MAIN DESTINATION (June 2024)South Korea£940k

This section shows Carded Wool or Animal Hair Fabric'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 Carded Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$92.8M
IMPORTS (2022)$21.5M
NET TRADE (2022)$71.3M

In 2022, United Kingdom exported $92.8M in Carded Wool or Animal Hair Fabric. The main destinations of United Kingdom exports on Carded Wool or Animal Hair Fabric were China ($12.7M), Denmark ($11.9M), Germany ($8.53M), Thailand ($8.17M), and United States ($7.03M).

In 2022, United Kingdom imported $21.5M in Carded Wool or Animal Hair Fabric, mainly from Italy ($9.39M), Latvia ($1.93M), India ($1.89M), Lithuania ($1.69M), and United Kingdom ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Denmark$2.78M (30.5%)
France$1.56M (70.2%)
United Kingdom$1.01M (1.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY United Kingdom WERE (2021 - 2022):
Chinese Taipei-$1.6M (-97.7%)
Ukraine-$1.21M (-87.5%)
Fiji-$570k (-100%)
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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 Carded Wool or Animal Hair Fabric were:
Italy $440M
China $111M
In 2022, United Kingdom's main importing competitors in Carded Wool or Animal Hair Fabric were:
China $88.5M
Morocco $72.1M
France $61.3M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.49M
TOP IMPORT POTENTIALChina+ $503k

Carded Wool or Animal Hair Fabric’s highest export potential is France. With an export gap of $1.49M.   Carded Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $503k.

See methodology.

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