HS Icon Hot-Rolled Stainless Steel Bars in  Flag United Kingdom

2019
Exports | Imports
: $44.4M | $8.67M, World Rnk 10 / 71
Flag Rnk 600 / 1214 | World Rnk 27 / 158
Flag Rnk 1029 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $932k | $1.37M, Denmark |  Spain

2019
ECONOMIC COMPLEXITY of United Kingdom
: 1.49, Rnk 14 / 147

2019
PRODUCT COMPLEXITY  IN Hot-Rolled Stainless Steel Bars
: 1.78, Rnk 20 / 1029

Exports: In 2019, United Kingdom exported $44.4M in Hot-Rolled Stainless Steel Bars, making it the 10th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 600th most exported product in United Kingdom. The main destination of Hot-Rolled Stainless Steel Bars exports from United Kingdom are: United States ($15.8M), Italy ($14M), Germany ($6.58M), Czechia ($3.04M), and Denmark ($1.06M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of United Kingdom between 2018 and 2019 were Denmark ($932k), Czechia ($712k), and Romania ($257k).

Imports: In 2019, United Kingdom imported $8.67M in Hot-Rolled Stainless Steel Bars, becoming the 27th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1029th most imported product in United Kingdom. United Kingdom imports Hot-Rolled Stainless Steel Bars primarily from: Spain ($2.69M), France ($2.25M), Sweden ($1.03M), Germany ($644k), and South Korea ($598k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for United Kingdom between 2018 and 2019 were Spain ($1.37M), Sweden ($601k), and Germany ($345k).

Latest Trends (April 2021)

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Overview: In April 2021 United Kingdom's Hot-Rolled Stainless Steel Bars exports accounted up to £3.01M and imports accounted up to £1.41M, resulting in a positive trade balance of £1.6M. Between April 2020 and April 2021 the exports of United Kingdom's   Hot-Rolled Stainless Steel Bars have increased by £325k (12.1%) from £2.68M to £3.01M, while imports increased by £949k (205%) from £463k to £1.41M.

Destinations: In April 2021, Hot-Rolled Stainless Steel Bars were exported mostly to United States (£1.15M), Italy (£908k), Germany (£342k), France (£119k), and Czechia (£96.1k), and were imported mostly from France (£1.32M), Spain (£35.9k), Sweden (£28.8k), China (£17.3k), and United States (£7.61k).

Growth: In April 2021, the increase in Hot-Rolled Stainless Steel Bars's year-by-year exports was explained primarily by an increase in exports to Italy (£743k or 450%), Netherlands (£41.6k or 11.6k%), and Sweden (£34.2k or 3.88k%). In April 2021, the increase in Hot-Rolled Stainless Steel Bars's year-by-year imports was explained primarily by an increase in imports from France (£918k or 230%) and Spain (£28.4k or 379%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): £325k, (12.1%)

IMPORT GROWTH (April 2020 - April 2021): £949k, (205%)

MAIN EXPORTER (April 2021): Dover, £1.57M

MAIN DESTINATION (April 2021): United States, £1.15M

This section shows Hot-Rolled Stainless Steel Bars'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 Hot-Rolled Stainless Steel Bars over time.

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Historical Data

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Value

EXPORTS (2019): $44.4M

IMPORTS (2019): $8.67M

NET TRADE (2019): $35.7M

In 2019, United Kingdom exported $44.4M in Hot-Rolled Stainless Steel Bars. The main destinations of United Kingdom exports on Hot-Rolled Stainless Steel Bars were United States ($15.8M), Italy ($14M), Germany ($6.58M), Czechia ($3.04M), and Denmark ($1.06M).

In 2019, United Kingdom imported $8.67M in Hot-Rolled Stainless Steel Bars, mainly from Spain ($2.69M), France ($2.25M), Sweden ($1.03M), Germany ($644k), and South Korea ($598k).

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IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Hot-Rolled Stainless Steel Bars WITH:

IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Hot-Rolled Stainless Steel Bars WITH:

Flow

THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY United Kingdom WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Hot-Rolled Stainless Steel Bars were:

In 2018, United Kingdom's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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