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Pricing

2022
Exports $807MWorld Rnk 13 / 169
Flag Rnk 92 / 1216
2022
Destination $20.9MN/A
2021 - 2022
FASTEST GROWING MARKET $20.9MFrance
2022
PRODUCT COMPLEXITY IN Cheese-0.14Rnk 591 / 1025
2022
Imports $2.12BWorld Rnk 4 / 223
Flag Rnk 64 / 1214
2022
Origin $54.6M Italy
2021 - 2022
FASTEST GROWING ORIGIN $54.6MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

The fastest growing export markets for Cheese of United Kingdom between 2021 and 2022 were France ($20.9M), Belgium ($20.3M), and Denmark ($12.1M).

Imports In 2022, United Kingdom imported $2.12B in Cheese, becoming the 4th largest importer of Cheese in the world. At the same year, Cheese was the 64th most imported product in United Kingdom. United Kingdom imports Cheese primarily from: Italy ($344M), France ($313M), Ireland ($303M), Denmark ($206M), and Germany ($182M).

The fastest growing import markets in Cheese for United Kingdom between 2021 and 2022 were Netherlands ($54.6M), Denmark ($46.2M), and Greece ($26.6M).

COMPANIES In 2023, leading companies such as Diageo Beverages (16) and Pernod Ricard (1) were at the forefront of shipping Cheese from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Cheese exports accounted up to £75.2M and imports accounted up to £185M, resulting in a negative trade balance of £110M. Between June 2023 and June 2024 the exports of United Kingdom's   Cheese have increased by £10.3M (15.8%) from £64.9M to £75.2M, while imports increased by £12.9M (7.51%) from £172M to £185M.

Destinations In June 2024, Cheese were exported mostly to Ireland (£14.3M), Netherlands (£10.5M), France (£8.08M), Belgium (£5.6M), and United States (£4.97M), and were imported mostly from Ireland (£27.3M), France (£26.1M), Italy (£25.7M), Belgium (£20.6M), and Denmark (£17.1M).

Growth In June 2024, the increase in Cheese's year-by-year exports was explained primarily by an increase in exports to Ireland (£9.59M or 145%), France (£4.41M or 72%), and Netherlands (£3.05M or 165%). In June 2024, the increase in Cheese's year-by-year imports was explained primarily by an increase in imports from Ireland (£56M or 654%), Belgium (£8.53M or 140%), and Denmark (£7.58M or 71.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£10.3M(15.8%)
IMPORT GROWTH (June 2023 - June 2024)£12.9M(7.51%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£20.1M
MAIN DESTINATION (June 2024)Ireland£14.3M

This section shows Cheese'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 Cheese over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$807M
IMPORTS (2022)$2.12B
NET TRADE (2022)-$1.31B

In 2022, United Kingdom imported $2.12B in Cheese, mainly from Italy ($344M), France ($313M), Ireland ($303M), Denmark ($206M), and Germany ($182M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$20.9M (18.6%)
Belgium$20.3M (24%)
Denmark$12.1M (41.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY United Kingdom WERE (2021 - 2022):
Ireland-$61.9M (-41.2%)
Spain-$3.27M (-13.3%)
China-$2.77M (-49.9%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Cheese were:
Germany $6.23B
Netherlands $5.19B
Italy $4.66B
In 2022, United Kingdom's main importing competitors in Cheese were:
Germany $5.19B
France $2.8B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $35.6M
TOP IMPORT POTENTIALGermany+ $79.5M

Cheese’s highest export potential is Germany. With an export gap of $35.6M.   Cheese’s highest import potential is Germany with an import gap of $79.5M.

See methodology.

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