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2022
Exports $1.84MWorld Rnk 21 / 136
Flag Rnk 1064 / 1216
2022
Destination $699k United States
2021 - 2022
FASTEST GROWING MARKET $699kUnited States
2022
Imports $2.22MWorld Rnk 19 / 194
Flag Rnk 1137 / 1214
2022
Origin $312k China
2021 - 2022
FASTEST GROWING ORIGIN $312kGreece
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.84M in Cotton Sewing Thread, making it the 21st largest exporter of Cotton Sewing Thread in the world. At the same year, Cotton Sewing Thread was the 1064th most exported product in United Kingdom. The main destination of Cotton Sewing Thread exports from United Kingdom are: United States ($1.12M), Netherlands ($178k), Austria ($117k), Morocco ($91.8k), and Chinese Taipei ($37.2k).

The fastest growing export markets for Cotton Sewing Thread of United Kingdom between 2021 and 2022 were United States ($699k), Netherlands ($150k), and Austria ($115k).

Imports In 2022, United Kingdom imported $2.22M in Cotton Sewing Thread, becoming the 19th largest importer of Cotton Sewing Thread in the world. At the same year, Cotton Sewing Thread was the 1137th most imported product in United Kingdom. United Kingdom imports Cotton Sewing Thread primarily from: China ($769k), Greece ($316k), Peru ($177k), India ($175k), and Italy ($149k).

The fastest growing import markets in Cotton Sewing Thread for United Kingdom between 2021 and 2022 were Greece ($312k), Peru ($150k), and Italy ($65.7k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Cotton Sewing Thread exports accounted up to £32.4k and imports accounted up to £81.9k, resulting in a negative trade balance of £49.5k. Between June 2023 and June 2024 the exports of United Kingdom's   Cotton Sewing Thread have decreased by £-7.5k (-18.8%) from £39.9k to £32.4k, while imports decreased by £-44.9k (-35.4%) from £127k to £81.9k.

Destinations In June 2024, Cotton Sewing Thread were exported mostly to Denmark (£6.27k), United States (£5.98k), France (£4.84k), Canada (£3.47k), and Ireland (£3.21k), and were imported mostly from China (£48.6k), Germany (£8.95k), Italy (£5.1k), Ireland (£4.6k), and United States (£4.19k).

Growth In June 2024, the decrease in Cotton Sewing Thread's year-by-year exports was explained primarily by a decrease in exports to United States (£-46.8k or -81.8%) and Morocco (£-1.49k or -21.5%). In June 2024, the decrease in Cotton Sewing Thread's year-by-year imports was explained primarily by a decrease in imports from India (£-18.4k or -33.9%), France (£-6.76k or -80.3%), and Italy (£-3.29k or -43.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-7.5k(-18.8%)
IMPORT GROWTH (June 2023 - June 2024)£-44.9k(-35.4%)
MAIN EXPORTER (June 2024)London Heathrow Airport£59.9k
MAIN DESTINATION (June 2024)Denmark£6.27k

This section shows Cotton Sewing Thread'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 Cotton Sewing Thread over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.84M
IMPORTS (2022)$2.22M
NET TRADE (2022)-$373k

In 2022, United Kingdom exported $1.84M in Cotton Sewing Thread. The main destinations of United Kingdom exports on Cotton Sewing Thread were United States ($1.12M), Netherlands ($178k), Austria ($117k), Morocco ($91.8k), and Chinese Taipei ($37.2k).

In 2022, United Kingdom imported $2.22M in Cotton Sewing Thread, mainly from China ($769k), Greece ($316k), Peru ($177k), India ($175k), and Italy ($149k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton Sewing Thread EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$699k (166%)
Netherlands$150k (525%)
Austria$115k (5.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton Sewing Thread BY United Kingdom WERE (2021 - 2022):
Fiji-$198k (-100%)
Kuwait-$79.7k (-100%)
China-$52.7k (-86.5%)
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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 Cotton Sewing Thread were:
China $32.9M
India $17.3M
United States $11.3M
In 2022, United Kingdom's main importing competitors in Cotton Sewing Thread were:
United States $10.3M
Guatemala $9.51M
Dominican Republic $8.08M

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Trade Value of Cotton Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Cotton Sewing Thread’s highest export potential is N/A. With an export gap of N/A.   Cotton Sewing Thread’s highest import potential is N/A with an import gap of N/A.

See methodology.

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