Fish oil in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $21.1M in Fish oil, making it the 26th largest exporter of Fish oil in the world. At the same year, Fish oil was the 728th most exported product in United Kingdom. The main destination of Fish oil exports from United Kingdom are: Netherlands ($5.52M), France ($2.38M), Germany ($1.58M), Norway ($1.35M), and United States ($1.19M).

The fastest growing export markets for Fish oil of United Kingdom between 2021 and 2022 were Netherlands ($935k), China ($682k), and Germany ($626k).

Imports In 2022, United Kingdom imported $148M in Fish oil, becoming the 6th largest importer of Fish oil in the world. At the same year, Fish oil was the 508th most imported product in United Kingdom. United Kingdom imports Fish oil primarily from: Denmark ($31.6M), Iceland ($29.3M), Norway ($18.4M), France ($14.5M), and Chile ($11.4M).

The fastest growing import markets in Fish oil for United Kingdom between 2021 and 2022 were Iceland ($17.6M), Chile ($11.4M), and Ireland ($6.32M).

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Fish oil exports accounted up to £906k and imports accounted up to £33.4M, resulting in a negative trade balance of £32.5M. Between July 2023 and July 2024 the exports of United Kingdom's Fish oil have increased by £497k (121%) from £409k to £906k, while imports increased by £20.4M (157%) from £13M to £33.4M.

Destinations In July 2024, Fish oil were exported mostly to United States (£431k), Netherlands (£163k), China (£150k), Ireland (£62.8k), and El Salvador (£36k), and were imported mostly from Norway (£12.5M), Iceland (£9.75M), Belgium (£4.01M), United States (£3.03M), and South Africa (£2.8M).

Growth In July 2024, the increase in Fish oil's year-by-year exports was explained primarily by an increase in exports to Netherlands (£73.5k or 19.8%) and Germany (£41k or 84.9%). In July 2024, the increase in Fish oil's year-by-year imports was explained primarily by an increase in imports from United States (£309k or 1.02k%), Iceland (£114k or 1.93%), and Spain (£33.5k or 188%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)£497k(121%)

IMPORT GROWTH (July 2023 - July 2024)£20.4M(157%)

MAIN EXPORTER (July 2024)Aberdeen£746k

MAIN DESTINATION (July 2024)United States£431k

This section shows Fish 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 Fish oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$21.1M

IMPORTS (2022)$148M

NET TRADE (2022)-$127M

In 2022, United Kingdom exported $21.1M in Fish oil. The main destinations of United Kingdom exports on Fish oil were Netherlands ($5.52M), France ($2.38M), Germany ($1.58M), Norway ($1.35M), and United States ($1.19M).

In 2022, United Kingdom imported $148M in Fish oil, mainly from Denmark ($31.6M), Iceland ($29.3M), Norway ($18.4M), France ($14.5M), and Chile ($11.4M).

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