Eyewear in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $97.4M in Eyewear, making it the 14th largest exporter of Eyewear in the world. At the same year, Eyewear was the 410th most exported product in United Kingdom. The main destination of Eyewear exports from United Kingdom are: United States ($36.1M), Italy ($12.1M), Germany ($8.52M), Ireland ($6.14M), and Netherlands ($4.16M).

The fastest growing export markets for Eyewear of United Kingdom between 2021 and 2022 were United States ($23.3M), Belgium ($2.58M), and Malawi ($827k).

Imports In 2022, United Kingdom imported $494M in Eyewear, becoming the 6th largest importer of Eyewear in the world. At the same year, Eyewear was the 263rd most imported product in United Kingdom. United Kingdom imports Eyewear primarily from: Italy ($189M), China ($145M), Thailand ($27.2M), Poland ($25.2M), and France ($19M).

The fastest growing import markets in Eyewear for United Kingdom between 2021 and 2022 were China ($53.2M), Poland ($4.71M), and Netherlands ($4.29M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (696) were at the forefront of shipping Eyewear from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Eyewear exports accounted up to £17.5M and imports accounted up to £25.3M, resulting in a negative trade balance of £7.82M. Between January 2023 and January 2024 the exports of United Kingdom's Eyewear have increased by £6.31M (56.5%) from £11.2M to £17.5M, while imports decreased by £-3.07M (-10.8%) from £28.4M to £25.3M.

Destinations In January 2024, Eyewear were exported mostly to United States (£13.6M), Italy (£1.49M), Germany (£600k), Netherlands (£324k), and Belgium (£257k), and were imported mostly from China (£5.77M), Italy (£5.45M), France (£3.65M), Thailand (£1.82M), and Germany (£1.42M).

Growth In January 2024, the increase in Eyewear's year-by-year exports was explained primarily by an increase in exports to United States (£7.19M or 4.56k%), Italy (£376k or 557%), and Ireland (£370k or 135%). In January 2024, the decrease in Eyewear's year-by-year imports was explained primarily by a decrease in imports from Switzerland (£-954k or -82.2%), Poland (£-472k or -39.3%), and Netherlands (£-296k or -40.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£6.31M(56.5%)

IMPORT GROWTH (January 2023 - January 2024)£-3.07M(-10.8%)

MAIN EXPORTER (January 2024)London Heathrow Airport£13.7M

MAIN DESTINATION (January 2024)United States£13.6M

This section shows Eyewear'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 Eyewear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$97.4M

IMPORTS (2022)$494M

NET TRADE (2022)-$397M

In 2022, United Kingdom exported $97.4M in Eyewear. The main destinations of United Kingdom exports on Eyewear were United States ($36.1M), Italy ($12.1M), Germany ($8.52M), Ireland ($6.14M), and Netherlands ($4.16M).

In 2022, United Kingdom imported $494M in Eyewear, mainly from Italy ($189M), China ($145M), Thailand ($27.2M), Poland ($25.2M), and France ($19M).

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