Metals in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $26.9B in Metals, making it the 20th largest exporter of Metals in the world. At the same year, Metals was the 6th most exported product in United Kingdom. The main destination of Metals exports from United Kingdom are: Germany ($3.04B), United States ($2.4B), Netherlands ($1.74B), France ($1.57B), and India ($1.51B).

The fastest growing export markets for Metals of United Kingdom between 2021 and 2022 were India ($467M), United States ($430M), and Germany ($309M).

Imports In 2022, United Kingdom imported $36.6B in Metals, becoming the 14th largest importer of Metals in the world. At the same year, Metals was the 6th most imported product in United Kingdom. United Kingdom imports Metals primarily from: China ($5.65B), Germany ($5.15B), Italy ($1.83B), France ($1.81B), and United States ($1.79B).

The fastest growing import markets in Metals for United Kingdom between 2021 and 2022 were United States ($368M), Germany ($300M), and Italy ($220M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (7.77k), DOLE FRESH FRUIT COMPANY (1.38k), and SIGMA CORPORATION (728) were at the forefront of shipping Metals from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Metals exports accounted up to £1.64B and imports accounted up to £2.2B, resulting in a negative trade balance of £567M. Between January 2023 and January 2024 the exports of United Kingdom's Metals have increased by £71M (4.54%) from £1.56B to £1.64B, while imports increased by £46M (2.13%) from £2.16B to £2.2B.

Destinations In January 2024, Metals were exported mostly to Germany (£177M), United States (£135M), Ireland (£109M), China (£109M), and France (£99.6M), and were imported mostly from China (£311M), Germany (£276M), United States (£145M), France (£145M), and Netherlands (£137M).

Growth In January 2024, the increase in Metals's year-by-year exports was explained primarily by an increase in exports to India (£78.7M or 199%), Germany (£48.4M or 33.7%), and Ireland (£46.2M or 60%). In January 2024, the increase in Metals's year-by-year imports was explained primarily by an increase in imports from United States (£27.1M or 25.2%), Denmark (£26.9M or 158%), and Netherlands (£15.2M or 10.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£71M(4.54%)

IMPORT GROWTH (January 2023 - January 2024)£46M(2.13%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£337M

MAIN DESTINATION (January 2024)Germany£177M

This section shows Metals'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 Metals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$26.9B

IMPORTS (2022)$36.6B

NET TRADE (2022)-$9.75B

In 2022, United Kingdom exported $26.9B in Metals. The main destinations of United Kingdom exports on Metals were Germany ($3.04B), United States ($2.4B), Netherlands ($1.74B), France ($1.57B), and India ($1.51B).

In 2022, United Kingdom imported $36.6B in Metals, mainly from China ($5.65B), Germany ($5.15B), Italy ($1.83B), France ($1.81B), and United States ($1.79B).

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