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2022
Exports $2.4MWorld Rnk 17 / 61
Flag Rnk 1037 / 1216
2022
Destination $266k Italy
2021 - 2022
FASTEST GROWING MARKET $266kMalaysia
2022
Imports $4.06MWorld Rnk 18 / 114
Flag Rnk 1093 / 1214
2022
Origin $90.8k South Korea
2021 - 2022
FASTEST GROWING ORIGIN $90.8kChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2.4M in Copper Alloys, making it the 17th largest exporter of Copper Alloys in the world. At the same year, Copper Alloys was the 1037th most exported product in United Kingdom. The main destination of Copper Alloys exports from United Kingdom are: Italy ($413k), France ($326k), Malaysia ($266k), Poland ($231k), and United States ($208k).

The fastest growing export markets for Copper Alloys of United Kingdom between 2021 and 2022 were Malaysia ($266k), Poland ($231k), and Indonesia ($163k).

Imports In 2022, United Kingdom imported $4.06M in Copper Alloys, becoming the 18th largest importer of Copper Alloys in the world. At the same year, Copper Alloys was the 1093rd most imported product in United Kingdom. United Kingdom imports Copper Alloys primarily from: South Korea ($1.82M), Belgium ($752k), India ($745k), Germany ($240k), and Italy ($169k).

The fastest growing import markets in Copper Alloys for United Kingdom between 2021 and 2022 were China ($90.8k), Italy ($85.9k), and Netherlands ($59.8k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Copper Alloys exports accounted up to £68.4k and imports accounted up to £340k, resulting in a negative trade balance of £272k. Between June 2023 and June 2024 the exports of United Kingdom's   Copper Alloys have decreased by £-5.77k (-7.78%) from £74.2k to £68.4k, while imports increased by £273k (409%) from £66.8k to £340k.

Destinations In June 2024, Copper Alloys were exported mostly to China (£56.6k), Italy (£6.1k), Netherlands (£4.38k), and Ireland (£1.33k), and were imported mostly from South Korea (£229k), Belgium (£108k), and China (£2.82k).

Growth In June 2024, the decrease in Copper Alloys's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Copper Alloys's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-5.77k(-7.78%)
IMPORT GROWTH (June 2023 - June 2024)£273k(409%)
MAIN EXPORTER (June 2024)Southampton£74.5k
MAIN DESTINATION (June 2024)China£56.6k

This section shows Copper Alloys'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 Copper Alloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.4M
IMPORTS (2022)$4.06M
NET TRADE (2022)-$1.66M

In 2022, United Kingdom exported $2.4M in Copper Alloys. The main destinations of United Kingdom exports on Copper Alloys were Italy ($413k), France ($326k), Malaysia ($266k), Poland ($231k), and United States ($208k).

In 2022, United Kingdom imported $4.06M in Copper Alloys, mainly from South Korea ($1.82M), Belgium ($752k), India ($745k), Germany ($240k), and Italy ($169k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Alloys EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Malaysia$266k (1%)
Poland$231k (1%)
Indonesia$163k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Alloys BY United Kingdom WERE (2021 - 2022):
China-$1.39M (-89.7%)
Greece-$637k (-99.6%)
Brazil-$391k (-70.4%)
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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 Copper Alloys were:
Democratic Republic of the Congo $199M
Belgium $69.8M
South Korea $28.9M
In 2022, United Kingdom's main importing competitors in Copper Alloys were:
China $228M
Germany $53.8M
Italy $13.1M

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Trade Value of Copper Alloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $197k
TOP IMPORT POTENTIALBelgium+ $210k

Copper Alloys’s highest export potential is China. With an export gap of $197k.   Copper Alloys’s highest import potential is Belgium with an import gap of $210k.

See methodology.

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