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2022
Exports $85.8MWorld Rnk 11 / 105
Flag Rnk 434 / 1216
2022
Destination $5.27M Germany
2021 - 2022
FASTEST GROWING MARKET $5.27MGermany
2022
PRODUCT COMPLEXITY IN Iron Powder0.78Rnk 252 / 1025
2022
Imports $53.3MWorld Rnk 14 / 176
Flag Rnk 727 / 1214
2022
Origin $1.41M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $1.41MItaly
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $85.8M in Iron Powder, making it the 11th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 434th most exported product in United Kingdom. The main destination of Iron Powder exports from United Kingdom are: Germany ($26.8M), United States ($20.6M), China ($6.45M), India ($5.53M), and Chinese Taipei ($3.86M).

The fastest growing export markets for Iron Powder of United Kingdom between 2021 and 2022 were Germany ($5.27M), United States ($2.47M), and Chinese Taipei ($2.38M).

Imports In 2022, United Kingdom imported $53.3M in Iron Powder, becoming the 14th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 727th most imported product in United Kingdom. United Kingdom imports Iron Powder primarily from: Belgium ($21.1M), France ($8.99M), Germany ($7.29M), United States ($4.58M), and Sweden ($3.07M).

The fastest growing import markets in Iron Powder for United Kingdom between 2021 and 2022 were Italy ($1.41M), China ($211k), and United Kingdom ($170k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Iron Powder exports accounted up to £4.42M and imports accounted up to £3.22M, resulting in a positive trade balance of £1.21M. Between September 2023 and September 2024 the exports of United Kingdom's   Iron Powder have increased by £315k (7.68%) from £4.11M to £4.42M, while imports decreased by £-753k (-19%) from £3.97M to £3.22M.

Destinations In September 2024, Iron Powder were exported mostly to Germany (£1.38M), United States (£1.15M), China (£798k), Sweden (£241k), and Ireland (£115k), and were imported mostly from Belgium (£1.12M), Germany (£678k), France (£411k), Sweden (£202k), and Italy (£192k).

Growth In September 2024, the increase in Iron Powder's year-by-year exports was explained primarily by an increase in exports to Germany (£1.42M or 123%), Finland (£192k or 6.29k%), and Chinese Taipei (£129k or 76%). In September 2024, the decrease in Iron Powder's year-by-year imports was explained primarily by a decrease in imports from Germany (£-139k or -17.5%), United States (£-83.7k or -37.4%), and Canada (£-25.5k or -59.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£315k(7.68%)
IMPORT GROWTH (September 2023 - September 2024)£-753k(-19%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£2.08M
MAIN DESTINATION (September 2024)Germany£1.38M

This section shows Iron Powder'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 Iron Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.8M
IMPORTS (2022)$53.3M
NET TRADE (2022)$32.5M

In 2022, United Kingdom exported $85.8M in Iron Powder. The main destinations of United Kingdom exports on Iron Powder were Germany ($26.8M), United States ($20.6M), China ($6.45M), India ($5.53M), and Chinese Taipei ($3.86M).

In 2022, United Kingdom imported $53.3M in Iron Powder, mainly from Belgium ($21.1M), France ($8.99M), Germany ($7.29M), United States ($4.58M), and Sweden ($3.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$5.27M (24.5%)
United States$2.47M (13.6%)
Chinese Taipei$2.38M (160%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY United Kingdom WERE (2021 - 2022):
Spain-$3.1M (-84.6%)
China-$2.41M (-27.2%)
Finland-$1.26M (-76.2%)
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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 Iron Powder were:
Sweden $492M
Germany $267M
Japan $257M
In 2022, United Kingdom's main importing competitors in Iron Powder were:
United States $313M
Germany $312M
China $296M

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.1M
TOP IMPORT POTENTIALSweden+ $1.83M

Iron Powder’s highest export potential is China. With an export gap of $3.1M.   Iron Powder’s highest import potential is Sweden with an import gap of $1.83M.

See methodology.

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