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Pricing

2022
Exports $65.9kWorld Rnk 7 / 38
Flag Rnk 1209 / 1216
2022
Destination $27.4kN/A
2021 - 2022
FASTEST GROWING MARKET $27.4kDenmark
2022
Imports $114kWorld Rnk 6 / 55
Flag Rnk 1205 / 1214
2022
Origin $15.2k China
2021 - 2022
FASTEST GROWING ORIGIN $15.2kSweden
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

The fastest growing export markets for Garnetted Wool or Animal Hair of United Kingdom between 2021 and 2022 were Denmark ($27.4k), Macau ($11.6k), and Spain ($7.91k).

Imports In 2022, United Kingdom imported $114k in Garnetted Wool or Animal Hair, becoming the 6th largest importer of Garnetted Wool or Animal Hair in the world. At the same year, Garnetted Wool or Animal Hair was the 1205th most imported product in United Kingdom. United Kingdom imports Garnetted Wool or Animal Hair primarily from: China ($79k), Sweden ($15.2k), Italy ($11k), Poland ($6.59k), and Peru ($1.64k).

The fastest growing import markets in Garnetted Wool or Animal Hair for United Kingdom between 2021 and 2022 were Sweden ($15.2k), Poland ($6.54k), and Peru ($1.64k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Garnetted Wool or Animal Hair exports accounted up to £18.9k and imports accounted up to £8.91k, resulting in a positive trade balance of £9.99k. Between November 2021 and June 2024 the exports of United Kingdom's   Garnetted Wool or Animal Hair have increased by £16.2k (598%) from £2.71k to £18.9k, while imports decreased by £-48.6k (-84.5%) from £57.5k to £8.91k.

Destinations In June 2024, Garnetted Wool or Animal Hair were exported mostly to Latvia (£18.9k), and were imported mostly from Belgium (£7.86k) and China (£1.04k).

Growth In June 2024, the increase in Garnetted Wool or Animal Hair's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Garnetted Wool or Animal Hair's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - June 2024)£16.2k(598%)
IMPORT GROWTH (October 2021 - June 2024)£-48.6k(-84.5%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£18.9k
MAIN DESTINATION (June 2024)Latvia£18.9k

This section shows Garnetted Wool or Animal Hair'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 Garnetted Wool or Animal Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.9k
IMPORTS (2022)$114k
NET TRADE (2022)-$47.8k

In 2022, United Kingdom imported $114k in Garnetted Wool or Animal Hair, mainly from China ($79k), Sweden ($15.2k), Italy ($11k), Poland ($6.59k), and Peru ($1.64k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Garnetted Wool or Animal Hair EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Denmark$27.4k (114k%)
Macau$11.6k (1%)
Spain$7.91k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Garnetted Wool or Animal Hair BY United Kingdom WERE (2021 - 2022):
Mexico-$17k (-100%)
France-$6.05k (-99.7%)
Switzerland-$3.67k (-97.8%)
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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 Garnetted Wool or Animal Hair were:
Italy $1.93M
China $534k
Netherlands $468k
In 2022, United Kingdom's main importing competitors in Garnetted Wool or Animal Hair were:
Ukraine $922k
United States $824k
Italy $601k

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Trade Value of Garnetted Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

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

Garnetted Wool or Animal Hair’s highest export potential is N/A. With an export gap of N/A.   Garnetted Wool or Animal Hair’s highest import potential is N/A with an import gap of N/A.

See methodology.

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