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2022
Exports $15.3MWorld Rnk 8 / 169
Flag Rnk 783 / 1216
2022
Destination $4.73M United States
2021 - 2022
FASTEST GROWING MARKET $4.73MUnited States
2022
PRODUCT COMPLEXITY IN Other Articles of Twine and Rope-0.49Rnk 695 / 1025
2022
Imports $36.9MWorld Rnk 3 / 211
Flag Rnk 807 / 1214
2022
Origin $2.26MN/A
2021 - 2022
FASTEST GROWING ORIGIN $2.26MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $15.3M in Other Articles of Twine and Rope, making it the 8th largest exporter of Other Articles of Twine and Rope in the world. At the same year, Other Articles of Twine and Rope was the 783rd most exported product in United Kingdom. The main destination of Other Articles of Twine and Rope exports from United Kingdom are: United States ($9.32M), Ireland ($1.23M), Italy ($500k), Denmark ($486k), and Netherlands ($429k).

The fastest growing export markets for Other Articles of Twine and Rope of United Kingdom between 2021 and 2022 were United States ($4.73M), Italy ($381k), and Denmark ($206k).

Imports In 2022, United Kingdom imported $36.9M in Other Articles of Twine and Rope, becoming the 3rd largest importer of Other Articles of Twine and Rope in the world. At the same year, Other Articles of Twine and Rope was the 807th most imported product in United Kingdom. United Kingdom imports Other Articles of Twine and Rope primarily from: N/A.

The fastest growing import markets in Other Articles of Twine and Rope for United Kingdom between 2021 and 2022 were China ($2.26M), Denmark ($1.84M), and United States ($808k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Articles of Twine and Rope exports accounted up to £1.51M and imports accounted up to £2.29M, resulting in a negative trade balance of £773k. Between June 2023 and June 2024 the exports of United Kingdom's   Other Articles of Twine and Rope have decreased by £-56.6k (-3.61%) from £1.57M to £1.51M, while imports increased by £7.71k (0.34%) from £2.28M to £2.29M.

Destinations In June 2024, Other Articles of Twine and Rope were exported mostly to United States (£697k), Ireland (£252k), Japan (£142k), Chile (£80.3k), and Lithuania (£63.4k), and were imported mostly from China (£1.03M), Denmark (£333k), Italy (£155k), Germany (£119k), and Portugal (£85.3k).

Growth In June 2024, the decrease in Other Articles of Twine and Rope's year-by-year exports was explained primarily by a decrease in exports to Denmark (£-77.5k or -85.9%), United Arab Emirates (£-20.8k or -76.9%), and Australia (£-5.66k or -76.1%). In June 2024, the increase in Other Articles of Twine and Rope's year-by-year imports was explained primarily by an increase in imports from Denmark (£572k or 456%), Germany (£129k or 189%), and Portugal (£122k or 201%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-56.6k(-3.61%)
IMPORT GROWTH (June 2023 - June 2024)£7.71k(0.34%)
MAIN EXPORTER (June 2024)London Stansted Airport£2.05M
MAIN DESTINATION (June 2024)United States£697k

This section shows Other Articles of Twine and Rope'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 Other Articles of Twine and Rope over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.3M
IMPORTS (2022)$36.9M
NET TRADE (2022)-$21.6M

In 2022, United Kingdom exported $15.3M in Other Articles of Twine and Rope. The main destinations of United Kingdom exports on Other Articles of Twine and Rope were United States ($9.32M), Ireland ($1.23M), Italy ($500k), Denmark ($486k), and Netherlands ($429k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Articles of Twine and Rope EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$4.73M (103%)
Italy$381k (321%)
Denmark$206k (73.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Articles of Twine and Rope BY United Kingdom WERE (2021 - 2022):
Israel-$431k (-81.6%)
Japan-$221k (-78.4%)
Germany-$132k (-48.2%)
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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 Other Articles of Twine and Rope were:
China $477M
Germany $49.1M
United States $41.7M
In 2022, United Kingdom's main importing competitors in Other Articles of Twine and Rope were:
United States $209M
Germany $62.5M

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Trade Value of Other Articles of Twine and Rope by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $264k
TOP IMPORT POTENTIALGermany+ $646k

Other Articles of Twine and Rope’s highest export potential is Germany. With an export gap of $264k.   Other Articles of Twine and Rope’s highest import potential is Germany with an import gap of $646k.

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