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2022
Exports $10.7MWorld Rnk 15 / 175
Flag Rnk 839 / 1216
2022
Destination $1.71M Netherlands
2021 - 2022
FASTEST GROWING MARKET $1.71MNetherlands
2022
PRODUCT COMPLEXITY IN Knotted Carpets-1.05Rnk 848 / 1025
2022
Imports $48.6MWorld Rnk 3 / 207
Flag Rnk 749 / 1214
2022
Origin $1.49M China
2021 - 2022
FASTEST GROWING ORIGIN $1.49MIran
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $10.7M in Knotted Carpets, making it the 15th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 839th most exported product in United Kingdom. The main destination of Knotted Carpets exports from United Kingdom are: Netherlands ($3.45M), United States ($1.2M), France ($617k), Saudi Arabia ($508k), and Ireland ($439k).

The fastest growing export markets for Knotted Carpets of United Kingdom between 2021 and 2022 were Netherlands ($1.71M), United States ($601k), and Saudi Arabia ($424k).

Imports In 2022, United Kingdom imported $48.6M in Knotted Carpets, becoming the 3rd largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 749th most imported product in United Kingdom. United Kingdom imports Knotted Carpets primarily from: China ($10.3M), India ($9.65M), Nepal ($5.9M), Pakistan ($3.76M), and Turkey ($3.15M).

The fastest growing import markets in Knotted Carpets for United Kingdom between 2021 and 2022 were Iran ($1.49M), India ($1.34M), and Nepal ($1.27M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Knotted Carpets exports accounted up to £886k and imports accounted up to £4.58M, resulting in a negative trade balance of £3.69M. Between June 2023 and June 2024 the exports of United Kingdom's   Knotted Carpets have increased by £334k (60.6%) from £552k to £886k, while imports increased by £1.08M (30.9%) from £3.5M to £4.58M.

Destinations In June 2024, Knotted Carpets were exported mostly to France (£272k), Netherlands (£229k), Sweden (£81.2k), Germany (£37k), and United States (£32.1k), and were imported mostly from India (£1.65M), Turkey (£925k), China (£634k), Nepal (£271k), and France (£211k).

Growth In June 2024, the increase in Knotted Carpets's year-by-year exports was explained primarily by an increase in exports to Germany (£59.9k or 327%), France (£32.9k or 254%), and Sweden (£21.5k or 245%). In June 2024, the increase in Knotted Carpets's year-by-year imports was explained primarily by an increase in imports from Turkey (£261k or 26.6%), India (£209k or 28.1%), and Pakistan (£153k or 96.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£334k(60.6%)
IMPORT GROWTH (June 2023 - June 2024)£1.08M(30.9%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£363k
MAIN DESTINATION (June 2024)France£272k

This section shows Knotted Carpets'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 Knotted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.7M
IMPORTS (2022)$48.6M
NET TRADE (2022)-$37.9M

In 2022, United Kingdom exported $10.7M in Knotted Carpets. The main destinations of United Kingdom exports on Knotted Carpets were Netherlands ($3.45M), United States ($1.2M), France ($617k), Saudi Arabia ($508k), and Ireland ($439k).

In 2022, United Kingdom imported $48.6M in Knotted Carpets, mainly from China ($10.3M), India ($9.65M), Nepal ($5.9M), Pakistan ($3.76M), and Turkey ($3.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$1.71M (98.1%)
United States$601k (101%)
Saudi Arabia$424k (504%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY United Kingdom WERE (2021 - 2022):
France-$1.09M (-63.8%)
Italy-$260k (-72.9%)
Iran-$167k (-84.6%)
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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 Knotted Carpets were:
India $344M
China $94.5M
Pakistan $94M
In 2022, United Kingdom's main importing competitors in Knotted Carpets were:
United States $425M
Germany $73.2M

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $907k
TOP IMPORT POTENTIALIndia+ $1.9M

Knotted Carpets’s highest export potential is United States. With an export gap of $907k.   Knotted Carpets’s highest import potential is India with an import gap of $1.9M.

See methodology.

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