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2023
Exports $106MWorld Rnk 11 / 138
Flag Rnk 377 / 1216
2023
Destination $3.67M United States
2022 - 2023
FASTEST GROWING MARKET $3.67MDenmark
2023
PRODUCT COMPLEXITY IN Enzymes1.08Rnk 151 / 1025
2023
Imports $163MWorld Rnk 11 / 203
Flag Rnk 482 / 1214
2023
Origin $5.41M Denmark
2022 - 2023
FASTEST GROWING ORIGIN $5.41MGermany
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $106M in Enzymes, making it the 11th largest exporter of Enzymes in the world. At the same year, Enzymes was the 377th most exported product in United Kingdom. The main destination of Enzymes exports from United Kingdom are: United States ($32.9M), China ($9.78M), Denmark ($9.11M), Netherlands ($8.31M), and Germany ($4.82M).

The fastest growing export markets for Enzymes of United Kingdom between 2022 and 2023 were Denmark ($3.67M), Russia ($2.83M), and Netherlands ($1.34M).

Imports In 2023, United Kingdom imported $163M in Enzymes, becoming the 11th largest importer of Enzymes in the world. At the same year, Enzymes was the 482nd most imported product in United Kingdom. United Kingdom imports Enzymes primarily from: Denmark ($43.6M), United States ($32.7M), Germany ($12.1M), Japan ($10.3M), and Netherlands ($9.84M).

The fastest growing import markets in Enzymes for United Kingdom between 2022 and 2023 were Germany ($5.41M), Czechia ($2.72M), and Denmark ($1.97M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Enzymes exports accounted up to £6.46M and imports accounted up to £11M, resulting in a negative trade balance of £4.55M. Between November 2023 and November 2024 the exports of United Kingdom's   Enzymes have increased by £644k (11.1%) from £5.81M to £6.46M, while imports decreased by £-513k (-4.46%) from £11.5M to £11M.

Destinations In November 2024, Enzymes were exported mostly to United States (£1.86M), Lithuania (£599k), Turkey (£533k), Netherlands (£398k), and Russia (£396k), and were imported mostly from Denmark (£2.62M), Netherlands (£2.19M), United States (£2.03M), Germany (£1.68M), and Japan (£525k).

Growth In November 2024, the increase in Enzymes's year-by-year exports was explained primarily by an increase in exports to United States (£1.49M or 71.3%), Denmark (£657k or 607%), and Netherlands (£320k or 68.6%). In November 2024, the decrease in Enzymes's year-by-year imports was explained primarily by a decrease in imports from United States (£-727k or -19.7%), Germany (£-408k or -35.2%), and Netherlands (£-386k or -16.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£644k(11.1%)
IMPORT GROWTH (November 2023 - November 2024)£-513k(-4.46%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£6.41M
MAIN DESTINATION (November 2024)United States£1.86M

This section shows Enzymes'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 Enzymes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$106M
IMPORTS (2023)$163M
NET TRADE (2023)-$56.6M

In 2023, United Kingdom exported $106M in Enzymes. The main destinations of United Kingdom exports on Enzymes were United States ($32.9M), China ($9.78M), Denmark ($9.11M), Netherlands ($8.31M), and Germany ($4.82M).

In 2023, United Kingdom imported $163M in Enzymes, mainly from Denmark ($43.6M), United States ($32.7M), Germany ($12.1M), Japan ($10.3M), and Netherlands ($9.84M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Denmark$3.67M (67.6%)
Russia$2.83M (215%)
Netherlands$1.34M (19.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY United Kingdom WERE (2022 - 2023):
United States-$11.7M (-26.2%)
Switzerland-$2.09M (-81.1%)
France-$1.63M (-33.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Enzymes were:
Denmark $1.65B
United States $1.01B
China $625M
In 2023, United Kingdom's main importing competitors in Enzymes were:
United States $991M
Netherlands $576M
Germany $451M

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.79M
TOP IMPORT POTENTIALFrance+ $5.39M

Enzymes’s highest export potential is Germany. With an export gap of $3.79M.   Enzymes’s highest import potential is France with an import gap of $5.39M.

See methodology.

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