Paintings in United Kingdom 2018 Exports | Imports : $1.88B | $2.15B, World Rnk 2 / 196 Rnk 31 / 1216 | World Rnk 2 / 211 Rnk 52 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $122M | $56.8M, Bermuda | Norway
2020 ECONOMIC COMPLEXITY of United Kingdom: 1.42, Rnk 13 / 127
2020 PRODUCT COMPLEXITY IN Paintings: 0.65, Rnk 303 / 1029
Exports In 2018, United Kingdom exported $1.88B in Paintings, making it the 2nd largest exporter of Paintings in the world. At the same year, Paintings was the 31st most exported product in United Kingdom. The main destination of Paintings exports from United Kingdom are: United States ($1.09B), Switzerland ($202M), Hong Kong ($176M), Bermuda ($125M), and France ($46.3M).
The fastest growing export markets for Paintings of United Kingdom between 2019 and 2020 were Bermuda ($122M), United States ($91.2M), and Portugal ($5.4M).
Imports In 2020, United Kingdom imported $2.15B in Paintings, becoming the 2nd largest importer of Paintings in the world. At the same year, Paintings was the 52nd most imported product in United Kingdom. United Kingdom imports Paintings primarily from: United States ($1.65B), Switzerland ($98.7M), France ($67.7M), Norway ($63.3M), and Germany ($46M).
The fastest growing import markets in Paintings for United Kingdom between 2019 and 2020 were Norway ($56.8M), Netherlands ($41.8M), and China ($7.57M).
October 2022
Overview In October 2022 United Kingdom's Paintings exports accounted up to £280M and imports accounted up to £145M, resulting in a positive trade balance of £135M. Between October 2021 and October 2022 the exports of United Kingdom's Paintings have decreased by £-34.1M (-10.9%) from £314M to £280M, while imports increased by £16.2M (12.6%) from £129M to £145M.
Destinations In October 2022, Paintings were exported mostly to United States (£81M), Hong Kong (£67.8M), France (£39.1M), Germany (£21M), and Belgium (£17.9M), and were imported mostly from United States (£85.4M), France (£20.5M), Switzerland (£17.3M), Netherlands (£7.56M), and Belgium (£3.05M).
Growth In October 2022, the decrease in Paintings's year-by-year exports was explained primarily by a decrease in exports to United States (£-242M or -84.7%), Hong Kong (£-46.3M or -81.3%), and Taiwan (£-5.72M or -30.1%). In October 2022, the increase in Paintings's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (£128k or 301%), China (£51.2k or 12.4%), and Philippines (£41.2k or 4.49k%).
EXPORT GROWTH (October 2021 - October 2022): £-34.1M, (-10.9%)
IMPORT GROWTH (October 2021 - October 2022): £16.2M, (12.6%)
MAIN EXPORTER (October 2022): London Heathrow Airport, £140M
MAIN DESTINATION (October 2022): United States, £81M
This section shows Paintings'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 Paintings over time.
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EXPORTS (2020): $1.88B
IMPORTS (2020): $2.15B
NET TRADE (2020): -$278M
In 2020, United Kingdom exported $1.88B in Paintings. The main destinations of United Kingdom exports on Paintings were United States ($1.09B), Switzerland ($202M), Hong Kong ($176M), Bermuda ($125M), and France ($46.3M).
In 2020, United Kingdom imported $2.15B in Paintings, mainly from United States ($1.65B), Switzerland ($98.7M), France ($67.7M), Norway ($63.3M), and Germany ($46M).
THE FASTEST GROWING Paintings EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY United Kingdom WERE (2019 - 2020):
In 2020, United Kingdom's main exporting competitors in Paintings were:
In 2020, United Kingdom's main importing competitors in Paintings were:
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