Large Flat-Rolled Stainless Steel in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $55.5M in Large Flat-Rolled Stainless Steel, making it the 33rd largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 518th most exported product in United Kingdom. The main destination of Large Flat-Rolled Stainless Steel exports from United Kingdom are: Ireland ($15.5M), Germany ($10.7M), Spain ($3.2M), Canada ($2.63M), and United States ($2.29M).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of United Kingdom between 2021 and 2022 were Ireland ($4.14M), Germany ($2.92M), and United States ($1.41M).

Imports In 2022, United Kingdom imported $588M in Large Flat-Rolled Stainless Steel, becoming the 22nd largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 219th most imported product in United Kingdom. United Kingdom imports Large Flat-Rolled Stainless Steel primarily from: Spain ($116M), Belgium ($77.5M), Sweden ($67M), China ($62.2M), and Finland ($51.1M).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for United Kingdom between 2021 and 2022 were China ($30M), Finland ($11.1M), and Spain ($9.9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Large Flat-Rolled Stainless Steel from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Large Flat-Rolled Stainless Steel exports accounted up to £3.05M and imports accounted up to £35.4M, resulting in a negative trade balance of £32.3M. Between January 2023 and January 2024 the exports of United Kingdom's Large Flat-Rolled Stainless Steel have decreased by £-376k (-11%) from £3.42M to £3.05M, while imports decreased by £-10.6M (-23.1%) from £46M to £35.4M.

Destinations In January 2024, Large Flat-Rolled Stainless Steel were exported mostly to Ireland (£709k), United States (£278k), Spain (£264k), Germany (£252k), and France (£210k), and were imported mostly from Belgium (£8.21M), Netherlands (£4.74M), Spain (£3.92M), China (£3.87M), and Sweden (£3.22M).

Growth In January 2024, the decrease in Large Flat-Rolled Stainless Steel's year-by-year exports was explained primarily by a decrease in exports to Brazil (£-123k or -95.4%), Germany (£-106k or -26.5%), and India (£-86.1k or -79.3%). In January 2024, the decrease in Large Flat-Rolled Stainless Steel's year-by-year imports was explained primarily by a decrease in imports from Taiwan (£-2.94M or -65.4%), China (£-1.58M or -46.8%), and Sweden (£-1.54M or -27.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-376k(-11%)

IMPORT GROWTH (January 2023 - January 2024)£-10.6M(-23.1%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£1.11M

MAIN DESTINATION (January 2024)Ireland£709k

This section shows Large Flat-Rolled Stainless 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 Large Flat-Rolled Stainless Steel over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download