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2022
Exports $31.3MWorld Rnk 32 / 203
Flag Rnk 643 / 1216
2022
Destination $3.87M Ireland
2021 - 2022
FASTEST GROWING MARKET $3.87MChina
2022
PRODUCT COMPLEXITY IN Other Wood Articles-0.26Rnk 632 / 1025
2022
Imports $339MWorld Rnk 6 / 225
Flag Rnk 342 / 1214
2022
Origin $3.56M China
2021 - 2022
FASTEST GROWING ORIGIN $3.56MIndia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $31.3M in Other Wood Articles, making it the 32nd largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 643rd most exported product in United Kingdom. The main destination of Other Wood Articles exports from United Kingdom are: Ireland ($4.93M), Germany ($4.9M), China ($4.14M), Netherlands ($3.3M), and France ($2.32M).

The fastest growing export markets for Other Wood Articles of United Kingdom between 2021 and 2022 were China ($3.87M), Kazakhstan ($304k), and Japan ($257k).

Imports In 2022, United Kingdom imported $339M in Other Wood Articles, becoming the 6th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 342nd most imported product in United Kingdom. United Kingdom imports Other Wood Articles primarily from: China ($175M), Poland ($51.5M), Germany ($20.9M), Netherlands ($13.5M), and India ($8.01M).

The fastest growing import markets in Other Wood Articles for United Kingdom between 2021 and 2022 were India ($3.56M), Indonesia ($3.02M), and Romania ($2.31M).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Other Wood Articles from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Wood Articles exports accounted up to £2.08M and imports accounted up to £21.2M, resulting in a negative trade balance of £19.2M. Between June 2023 and June 2024 the exports of United Kingdom's   Other Wood Articles have decreased by £-172k (-7.65%) from £2.25M to £2.08M, while imports increased by £1.44M (7.28%) from £19.8M to £21.2M.

Destinations In June 2024, Other Wood Articles were exported mostly to France (£494k), Germany (£460k), Ireland (£336k), Netherlands (£185k), and United States (£97.3k), and were imported mostly from China (£9.64M), Poland (£3.16M), Germany (£1.18M), Netherlands (£1M), and Austria (£923k).

Growth In June 2024, the decrease in Other Wood Articles's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-363k or -61.7%), Sweden (£-34.7k or -60.5%), and United Arab Emirates (£-27.9k or -83.4%). In June 2024, the increase in Other Wood Articles's year-by-year imports was explained primarily by an increase in imports from Netherlands (£258k or 29.4%), Vietnam (£198k or 189%), and Latvia (£181k or 68.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-172k(-7.65%)
IMPORT GROWTH (June 2023 - June 2024)£1.44M(7.28%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£859k
MAIN DESTINATION (June 2024)France£494k

This section shows Other Wood Articles'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 Wood Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.3M
IMPORTS (2022)$339M
NET TRADE (2022)-$308M

In 2022, United Kingdom exported $31.3M in Other Wood Articles. The main destinations of United Kingdom exports on Other Wood Articles were Ireland ($4.93M), Germany ($4.9M), China ($4.14M), Netherlands ($3.3M), and France ($2.32M).

In 2022, United Kingdom imported $339M in Other Wood Articles, mainly from China ($175M), Poland ($51.5M), Germany ($20.9M), Netherlands ($13.5M), and India ($8.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$3.87M (1.41k%)
Kazakhstan$304k (1.92k%)
Japan$257k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY United Kingdom WERE (2021 - 2022):
Hungary-$4.85M (-98.9%)
Netherlands-$2.57M (-43.7%)
Ireland-$1.26M (-20.4%)
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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 Wood Articles were:
China $4.03B
Poland $739M
Germany $574M
In 2022, United Kingdom's main importing competitors in Other Wood Articles were:
United States $2.11B
Germany $934M
France $547M

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.05M
TOP IMPORT POTENTIALGermany+ $8.06M

Other Wood Articles’s highest export potential is Germany. With an export gap of $3.05M.   Other Wood Articles’s highest import potential is Germany with an import gap of $8.06M.

See methodology.

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