Paintings in United Kingdom 2021 Exports | Imports : $2.66B | $1.94B, World Rnk 2 / 204 Rnk 24 / 1216 | World Rnk 3 / 212 Rnk 68 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $192M | $133M, France | Germany
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Paintings: 0.65, Rnk 300 / 1029
Exports In 2021, United Kingdom exported $2.66B in Paintings, making it the 2nd largest exporter of Paintings in the world. At the same year, Paintings was the 24th most exported product in United Kingdom. The main destination of Paintings exports from United Kingdom are: United States ($1.12B), Switzerland ($301M), France ($238M), Hong Kong ($223M), and Germany ($127M).
The fastest growing export markets for Paintings of United Kingdom between 2020 and 2021 were France ($192M), Germany ($113M), and Switzerland ($94M).
Imports In 2021, United Kingdom imported $1.94B in Paintings, becoming the 3rd largest importer of Paintings in the world. At the same year, Paintings was the 68th most imported product in United Kingdom. United Kingdom imports Paintings primarily from: United States ($1.15B), Germany ($179M), Switzerland ($143M), France ($117M), and Italy ($49.6M).
The fastest growing import markets in Paintings for United Kingdom between 2020 and 2021 were Germany ($133M), France ($48.8M), and Switzerland ($44.1M).
January 2023
Overview In January 2023 United Kingdom's Paintings exports accounted up to £170M and imports accounted up to £57.6M, resulting in a positive trade balance of £112M. Between January 2022 and January 2023 the exports of United Kingdom's Paintings have increased by £30.5M (21.9%) from £139M to £170M, while imports decreased by £-39.8M (-40.9%) from £97.4M to £57.6M.
Destinations In January 2023, Paintings were exported mostly to United States (£79.8M), Germany (£45.6M), Switzerland (£10.3M), France (£5.59M), and Hong Kong (£4.04M), and were imported mostly from United States (£21.8M), Belgium (£10.1M), France (£6.03M), Switzerland (£4.25M), and Netherlands (£2.89M).
Growth In January 2023, the increase in Paintings's year-by-year exports was explained primarily by an increase in exports to United States (£37.7M or 86%), South Korea (£8.39M or 396%), and Russia (£2.55M or 4.92k%). In January 2023, the decrease in Paintings's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-530k or -62.6%), India (£-221k or -69.8%), and China (£-176k or -38.2%).
EXPORT GROWTH (January 2022 - January 2023): £30.5M, (21.9%)
IMPORT GROWTH (January 2022 - January 2023): £-39.8M, (-40.9%)
MAIN EXPORTER (January 2023): London Heathrow Airport, £85.6M
MAIN DESTINATION (January 2023): United States, £79.8M
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 (2021): $2.66B
IMPORTS (2021): $1.94B
NET TRADE (2021): $721M
In 2021, United Kingdom exported $2.66B in Paintings. The main destinations of United Kingdom exports on Paintings were United States ($1.12B), Switzerland ($301M), France ($238M), Hong Kong ($223M), and Germany ($127M).
In 2021, United Kingdom imported $1.94B in Paintings, mainly from United States ($1.15B), Germany ($179M), Switzerland ($143M), France ($117M), and Italy ($49.6M).
THE FASTEST GROWING Paintings EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Paintings were:
In 2021, United Kingdom's main importing competitors in Paintings were:
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