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2022
Exports $42MWorld Rnk 39 / 149
Flag Rnk 587 / 1216
2022
Destination $6.62M Sweden
2021 - 2022
FASTEST GROWING MARKET $6.62MSweden
2022
PRODUCT COMPLEXITY IN Fuel Wood-0.33Rnk 658 / 1025
2022
Imports $1.67BWorld Rnk 3 / 197
Flag Rnk 83 / 1214
2022
Origin $100M United States
2021 - 2022
FASTEST GROWING ORIGIN $100MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $42M in Fuel Wood, making it the 39th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 587th most exported product in United Kingdom. The main destination of Fuel Wood exports from United Kingdom are: Sweden ($8.54M), Ireland ($5.66M), Denmark ($3.68M), France ($3.43M), and Hong Kong ($3.16M).

The fastest growing export markets for Fuel Wood of United Kingdom between 2021 and 2022 were Sweden ($6.62M), Denmark ($3.64M), and France ($3.19M).

Imports In 2022, United Kingdom imported $1.67B in Fuel Wood, becoming the 3rd largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 83rd most imported product in United Kingdom. United Kingdom imports Fuel Wood primarily from: United States ($991M), Latvia ($253M), Canada ($174M), Estonia ($45.4M), and Portugal ($40.1M).

The fastest growing import markets in Fuel Wood for United Kingdom between 2021 and 2022 were United States ($100M), Ireland ($16.7M), and Brazil ($13.2M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Fuel Wood exports accounted up to £3.56M and imports accounted up to £98.2M, resulting in a negative trade balance of £94.7M. Between September 2023 and September 2024 the exports of United Kingdom's   Fuel Wood have increased by £1.59M (80.6%) from £1.97M to £3.56M, while imports increased by £12.9M (15.2%) from £85.3M to £98.2M.

Destinations In September 2024, Fuel Wood were exported mostly to Ireland (£1.29M), Latvia (£1.01M), Norway (£315k), Sweden (£298k), and France (£226k), and were imported mostly from United States (£59.3M), Latvia (£19.2M), Estonia (£7.28M), Canada (£5.26M), and Lithuania (£1.87M).

Growth In September 2024, the increase in Fuel Wood's year-by-year exports was explained primarily by an increase in exports to Denmark (£383k or 11.1k%), Ireland (£283k or 59.5%), and Hong Kong (£172k or 132%). In September 2024, the increase in Fuel Wood's year-by-year imports was explained primarily by an increase in imports from United States (£24.4M or 42%), Canada (£9.54M or 56%), and Netherlands (£5.92M or 708%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£1.59M(80.6%)
IMPORT GROWTH (September 2023 - September 2024)£12.9M(15.2%)
MAIN EXPORTER (September 2024)Medway£1.25M
MAIN DESTINATION (September 2024)Ireland£1.29M

This section shows Fuel Wood'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 Fuel Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42M
IMPORTS (2022)$1.67B
NET TRADE (2022)-$1.63B

In 2022, United Kingdom exported $42M in Fuel Wood. The main destinations of United Kingdom exports on Fuel Wood were Sweden ($8.54M), Ireland ($5.66M), Denmark ($3.68M), France ($3.43M), and Hong Kong ($3.16M).

In 2022, United Kingdom imported $1.67B in Fuel Wood, mainly from United States ($991M), Latvia ($253M), Canada ($174M), Estonia ($45.4M), and Portugal ($40.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Sweden$6.62M (347%)
Denmark$3.64M (10.6k%)
France$3.19M (1.35k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY United Kingdom WERE (2021 - 2022):
China-$1.15M (-99.7%)
Ireland-$991k (-14.9%)
Norway-$809k (-31%)
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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 Fuel Wood were:
Vietnam $3.69B
United States $2.02B
Latvia $712M
In 2022, United Kingdom's main importing competitors in Fuel Wood were:
China $2.64B
Japan $2.55B

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.65M
TOP IMPORT POTENTIALVietnam+ $14.4M

Fuel Wood’s highest export potential is France. With an export gap of $2.65M.   Fuel Wood’s highest import potential is Vietnam with an import gap of $14.4M.

See methodology.

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