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2023
Exports $74.8MWorld Rnk 18 / 115
Flag Rnk 447 / 1216
2023
Destination $5.59M France
2022 - 2023
FASTEST GROWING MARKET $5.59MTurkey
2023
PRODUCT COMPLEXITY IN Hormones0.83Rnk 237 / 1025
2023
Imports $249MWorld Rnk 12 / 194
Flag Rnk 392 / 1214
2023
Origin $73.7M Sweden
2022 - 2023
FASTEST GROWING ORIGIN $73.7MSweden
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $74.8M in Hormones, making it the 18th largest exporter of Hormones in the world. At the same year, Hormones was the 447th most exported product in United Kingdom. The main destination of Hormones exports from United Kingdom are: France ($15.9M), Singapore ($10M), Spain ($6.48M), Turkey ($6.27M), and United States ($5.1M).

The fastest growing export markets for Hormones of United Kingdom between 2022 and 2023 were Turkey ($5.59M), France ($5.07M), and Singapore ($4.32M).

Imports In 2023, United Kingdom imported $249M in Hormones, becoming the 12th largest importer of Hormones in the world. At the same year, Hormones was the 392nd most imported product in United Kingdom. United Kingdom imports Hormones primarily from: Sweden ($78.5M), Singapore ($57.1M), Switzerland ($28.2M), United States ($18.3M), and China ($14.1M).

The fastest growing import markets in Hormones for United Kingdom between 2022 and 2023 were Sweden ($73.7M), France ($1.96M), and Spain ($1.5M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Hormones exports accounted up to £2.07M and imports accounted up to £16.2M, resulting in a negative trade balance of £14.1M. Between November 2023 and November 2024 the exports of United Kingdom's   Hormones have decreased by £-6.49M (-75.8%) from £8.56M to £2.07M, while imports decreased by £-3.28M (-16.8%) from £19.5M to £16.2M.

Destinations In November 2024, Hormones were exported mostly to United States (£1.04M), Poland (£361k), Germany (£149k), Indonesia (£91.5k), and India (£88.3k), and were imported mostly from China (£4.54M), Netherlands (£4.12M), Switzerland (£2.49M), Portugal (£1.36M), and Singapore (£1.09M).

Growth In November 2024, the decrease in Hormones's year-by-year exports was explained primarily by a decrease in exports to Australia (£-5.94M or -100%), Germany (£-2.56M or -99.4%), and Egypt (£-211k or -74.8%). In November 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from Switzerland (£-2.63M or -99.7%), France (£-1.14M or -60.4%), and United States (£-1.09M or -65.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-6.49M(-75.8%)
IMPORT GROWTH (November 2023 - November 2024)£-3.28M(-16.8%)
MAIN EXPORTER (November 2024)London Heathrow Airport£239M
MAIN DESTINATION (November 2024)United States£1.04M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$74.8M
IMPORTS (2023)$249M
NET TRADE (2023)-$175M

In 2023, United Kingdom exported $74.8M in Hormones. The main destinations of United Kingdom exports on Hormones were France ($15.9M), Singapore ($10M), Spain ($6.48M), Turkey ($6.27M), and United States ($5.1M).

In 2023, United Kingdom imported $249M in Hormones, mainly from Sweden ($78.5M), Singapore ($57.1M), Switzerland ($28.2M), United States ($18.3M), and China ($14.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Turkey$5.59M (818%)
France$5.07M (46.8%)
Singapore$4.32M (76.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY United Kingdom WERE (2022 - 2023):
United States-$218M (-97.7%)
Australia-$49M (-98%)
India-$2.02M (-38.4%)
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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 Hormones were:
Ireland $11.3B
United States $6B
Switzerland $3.51B
In 2023, United Kingdom's main importing competitors in Hormones were:
United States $9.54B
Italy $6.45B
Austria $3.6B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12M
TOP IMPORT POTENTIALIreland+ $11.4M

Hormones’s highest export potential is Germany. With an export gap of $12M.   Hormones’s highest import potential is Ireland with an import gap of $11.4M.

See methodology.

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