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2022
Exports $5.29MWorld Rnk 45 / 154
Flag Rnk 952 / 1216
2022
Destination $791k China
2021 - 2022
FASTEST GROWING MARKET $791kChina
2022
PRODUCT COMPLEXITY IN Coconut Oil-1.71Rnk 972 / 1025
2022
Imports $92.8MWorld Rnk 20 / 212
Flag Rnk 608 / 1214
2022
Origin $7.4M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $7.4MPhilippines
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $5.29M in Coconut Oil, making it the 45th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 952nd most exported product in United Kingdom. The main destination of Coconut Oil exports from United Kingdom are: China ($802k), France ($762k), Ireland ($715k), Netherlands ($521k), and Germany ($426k).

The fastest growing export markets for Coconut Oil of United Kingdom between 2021 and 2022 were China ($791k), Singapore ($157k), and Finland ($127k).

Imports In 2022, United Kingdom imported $92.8M in Coconut Oil, becoming the 20th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 608th most imported product in United Kingdom. United Kingdom imports Coconut Oil primarily from: Netherlands ($30.3M), Philippines ($15.7M), Papua New Guinea ($11.8M), Malaysia ($10.9M), and Indonesia ($7.85M).

The fastest growing import markets in Coconut Oil for United Kingdom between 2021 and 2022 were Philippines ($7.4M), Malaysia ($6.1M), and Papua New Guinea ($4M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Coconut Oil exports accounted up to £408k and imports accounted up to £5.23M, resulting in a negative trade balance of £4.82M. Between June 2023 and June 2024 the exports of United Kingdom's   Coconut Oil have increased by £169k (70.6%) from £239k to £408k, while imports increased by £1.73M (49.4%) from £3.5M to £5.23M.

Destinations In June 2024, Coconut Oil were exported mostly to Saudi Arabia (£85.8k), Italy (£75k), France (£59.1k), Ireland (£57.1k), and Netherlands (£42.8k), and were imported mostly from Netherlands (£3.07M), Philippines (£440k), Papua New Guinea (£422k), Spain (£368k), and Malaysia (£202k).

Growth In June 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to France (£10.6k or 67.6%) and Ireland (£3.78k or 8.26%). In June 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Netherlands (£1.74M or 120%), Malaysia (£381k or 50.1%), and Belgium (£147k or 169%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£169k(70.6%)
IMPORT GROWTH (June 2023 - June 2024)£1.73M(49.4%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£99.4k
MAIN DESTINATION (June 2024)Saudi Arabia£85.8k

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.29M
IMPORTS (2022)$92.8M
NET TRADE (2022)-$87.5M

In 2022, United Kingdom exported $5.29M in Coconut Oil. The main destinations of United Kingdom exports on Coconut Oil were China ($802k), France ($762k), Ireland ($715k), Netherlands ($521k), and Germany ($426k).

In 2022, United Kingdom imported $92.8M in Coconut Oil, mainly from Netherlands ($30.3M), Philippines ($15.7M), Papua New Guinea ($11.8M), Malaysia ($10.9M), and Indonesia ($7.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$791k (7.22k%)
Singapore$157k (117%)
Finland$127k (2.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY United Kingdom WERE (2021 - 2022):
France-$650k (-46%)
United States-$464k (-73.1%)
Germany-$267k (-38.5%)
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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 Coconut Oil were:
Indonesia $3.41B
Philippines $2.12B
Malaysia $1.64B
In 2022, United Kingdom's main importing competitors in Coconut Oil were:
United States $1.51B
Netherlands $1.35B
China $1.12B

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $941k
TOP IMPORT POTENTIALPhilippines+ $7.72M

Coconut Oil’s highest export potential is China. With an export gap of $941k.   Coconut Oil’s highest import potential is Philippines with an import gap of $7.72M.

See methodology.

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