2022
Exports | Imports
$8.95B | $7.35BWorld Rnk 20 / 223
Flag Rnk 12 / 96
World Rnk 21 / 225
Flag Rnk 19 / 96
2022
ECONOMIC COMPLEXITY of United Kingdom
1.38Rnk 12 / 124
2022
PRODUCT COMPLEXITY IN Iron & steel
1.48Rnk 45 / 1025

About

Exports In 2022, United Kingdom exported $8.95B in Iron & steel, making it the 20th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 12th most exported product in United Kingdom. The main destination of Iron & steel exports from United Kingdom are: Turkey ($1.15B), Netherlands ($771M), Sweden ($691M), India ($663M), and Egypt ($606M).

The fastest growing export markets for Iron & steel of United Kingdom between 2021 and 2022 were India ($455M), Sweden ($132M), and United States ($124M).

Imports In 2022, United Kingdom imported $7.35B in Iron & steel, becoming the 21st largest importer of Iron & steel in the world. At the same year, Iron & steel was the 19th most imported product in United Kingdom. United Kingdom imports Iron & steel primarily from: Germany ($816M), Spain ($703M), Belgium ($589M), France ($496M), and Turkey ($443M).

The fastest growing import markets in Iron & steel for United Kingdom between 2021 and 2022 were Germany ($94.1M), China ($86.4M), and Brazil ($66M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1.16k), DOLE FRESH FRUIT COMPANY (136), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (14) were at the forefront of shipping Iron & steel from United Kingdom to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)£-71.7M(-14.2%)
IMPORT GROWTH (December 2022 - December 2023)£-83.6M(-20.7%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)India£57.8M

This section shows Iron & steel'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 & steel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.95B
IMPORTS (2022)$7.35B
NET TRADE (2022)$1.6B

In 2022, United Kingdom exported $8.95B in Iron & steel. The main destinations of United Kingdom exports on Iron & steel were Turkey ($1.15B), Netherlands ($771M), Sweden ($691M), India ($663M), and Egypt ($606M).

In 2022, United Kingdom imported $7.35B in Iron & steel, mainly from Germany ($816M), Spain ($703M), Belgium ($589M), France ($496M), and Turkey ($443M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
India$455M (218%)
Sweden$132M (23.6%)
United States$124M (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY United Kingdom WERE (2021 - 2022):
Spain-$138M (-21.5%)
Ireland-$121M (-24.4%)
Kuwait-$120M (-98.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, United Kingdom's main importing competitors in Iron & steel were:

Explore Visualizations

Trade Value of Iron & steel by Exporters

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