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2022
Exports $2.33MWorld Rnk 9 / 59
Flag Rnk 1039 / 1216
2022
Destination $266k Belgium
2021 - 2022
FASTEST GROWING MARKET $266kBelgium
2022
Imports $6.87MWorld Rnk 3 / 95
Flag Rnk 1046 / 1214
2022
Origin $5.04M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $5.04MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2.33M in Lard stearin and oils, making it the 9th largest exporter of Lard stearin and oils in the world. At the same year, Lard stearin and oils was the 1039th most exported product in United Kingdom. The main destination of Lard stearin and oils exports from United Kingdom are: Belgium ($1.48M), Ireland ($350k), Germany ($272k), Netherlands ($81k), and Philippines ($55.4k).

The fastest growing export markets for Lard stearin and oils of United Kingdom between 2021 and 2022 were Belgium ($266k), Philippines ($55.4k), and France ($20.4k).

Imports In 2022, United Kingdom imported $6.87M in Lard stearin and oils, becoming the 3rd largest importer of Lard stearin and oils in the world. At the same year, Lard stearin and oils was the 1046th most imported product in United Kingdom. United Kingdom imports Lard stearin and oils primarily from: Ireland ($6.7M), Netherlands ($146k), France ($22.9k), and China ($1.1k).

The fastest growing import markets in Lard stearin and oils for United Kingdom between 2021 and 2022 were Ireland ($5.04M), France ($10.7k), and China ($1.1k).

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Lard stearin and oils exports accounted up to £912k and imports accounted up to £2.3M, resulting in a negative trade balance of £1.38M. Between July 2023 and July 2024 the exports of United Kingdom's   Lard stearin and oils have decreased by £-51.9k (-5.39%) from £964k to £912k, while imports increased by £1.72M (299%) from £576k to £2.3M.

Destinations In July 2024, Lard stearin and oils were exported mostly to Ireland (£898k), Ghana (£13.6k), and Spain (£310), and were imported mostly from Ireland (£2.17M), Netherlands (£92.3k), and Belgium (£32.4k).

Growth In July 2024, the decrease in Lard stearin and oils's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-866k or -51.9%), Netherlands (£-420k or -66.8%), and Belgium (£-77.1k or -72.3%). In July 2024, the increase in Lard stearin and oils's year-by-year imports was explained primarily by an increase in imports from Ireland (£11.5k or 88.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-51.9k(-5.39%)
IMPORT GROWTH (July 2023 - July 2024)£1.72M(299%)
MAIN EXPORTER (July 2024)Liverpool£16.8M
MAIN DESTINATION (July 2024)Ireland£898k

This section shows Lard stearin and oils'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 Lard stearin and oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.33M
IMPORTS (2022)$6.87M
NET TRADE (2022)-$4.54M

In 2022, United Kingdom exported $2.33M in Lard stearin and oils. The main destinations of United Kingdom exports on Lard stearin and oils were Belgium ($1.48M), Ireland ($350k), Germany ($272k), Netherlands ($81k), and Philippines ($55.4k).

In 2022, United Kingdom imported $6.87M in Lard stearin and oils, mainly from Ireland ($6.7M), Netherlands ($146k), France ($22.9k), and China ($1.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lard stearin and oils EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$266k (21.8%)
Philippines$55.4k (1%)
France$20.4k (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lard stearin and oils BY United Kingdom WERE (2021 - 2022):
Netherlands-$17.4M (-99.5%)
Ireland-$8.96M (-96.2%)
Italy-$664k (-100%)
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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 Lard stearin and oils were:
Ireland $21M
France $7.71M
Netherlands $6.54M
In 2022, United Kingdom's main importing competitors in Lard stearin and oils were:
Netherlands $24.6M
Germany $10.7M

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Trade Value of Lard stearin and oils by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Lard stearin and oils’s highest export potential is N/A. With an export gap of N/A.   Lard stearin and oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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