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2023
Exports $438kWorld Rnk 20 / 73
Flag Rnk 1150 / 1216
2023
Destination $34.3k Ireland
2022 - 2023
FASTEST GROWING MARKET $34.3kIreland
2023
PRODUCT COMPLEXITY IN Platinum Clad Metals-0.52Rnk 712 / 1025
2023
Imports $809kWorld Rnk 17 / 101
Flag Rnk 1173 / 1214
2023
Origin $141k India
2022 - 2023
FASTEST GROWING ORIGIN $141kLebanon
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $438k in Platinum Clad Metals, making it the 20th largest exporter of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 1150th most exported product in United Kingdom. The main destination of Platinum Clad Metals exports from United Kingdom are: Ireland ($95.9k), Qatar ($75.2k), France ($63.9k), Singapore ($32k), and Bulgaria ($31.6k).

The fastest growing export markets for Platinum Clad Metals of United Kingdom between 2022 and 2023 were Ireland ($34.3k), Singapore ($31.6k), and Bulgaria ($31.6k).

Imports In 2018, United Kingdom imported $809k in Platinum Clad Metals, becoming the 17th largest importer of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 1173rd most imported product in United Kingdom. United Kingdom imports Platinum Clad Metals primarily from: India ($287k), Lebanon ($141k), United States ($141k), Germany ($73k), and China ($63.5k).

The fastest growing import markets in Platinum Clad Metals for United Kingdom between 2022 and 2023 were Lebanon ($141k), India ($93.3k), and United States ($75.5k).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Platinum Clad Metals exports accounted up to £207k and imports accounted up to £124k, resulting in a positive trade balance of £82.9k. Between November 2023 and November 2024 the exports of United Kingdom's   Platinum Clad Metals have increased by £163k (374%) from £43.7k to £207k, while imports increased by £104k (515%) from £20.2k to £124k.

Destinations In November 2024, Platinum Clad Metals were exported mostly to Austria (£93.9k), Germany (£67.9k), Belgium (£14.2k), United States (£12.8k), and Ireland (£11.4k), and were imported mostly from France (£124k).

Growth In November 2024, the increase in Platinum Clad Metals's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Platinum Clad Metals's year-by-year imports was explained primarily by an increase in imports from China (£11.5k or 873%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£163k(374%)
IMPORT GROWTH (August 2023 - November 2024)£104k(515%)
MAIN EXPORTER (November 2024)Harwich£77.7k
MAIN DESTINATION (November 2024)Austria£93.9k

This section shows Platinum Clad 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 Platinum Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$438k
IMPORTS (2023)$809k
NET TRADE (2023)-$370k

In 2023, United Kingdom exported $438k in Platinum Clad Metals. The main destinations of United Kingdom exports on Platinum Clad Metals were Ireland ($95.9k), Qatar ($75.2k), France ($63.9k), Singapore ($32k), and Bulgaria ($31.6k).

In 2023, United Kingdom imported $809k in Platinum Clad Metals, mainly from India ($287k), Lebanon ($141k), United States ($141k), Germany ($73k), and China ($63.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum Clad Metals EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$34.3k (55.6%)
Singapore$31.6k (9.11k%)
Bulgaria$31.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum Clad Metals BY United Kingdom WERE (2022 - 2023):
South Korea-$63.2k (-100%)
Qatar-$59.8k (-44.3%)
Hong Kong-$44.2k (-66.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Platinum Clad Metals were:
Malaysia $136M
South Korea $55.1M
Singapore $37.9M
In 2023, United Kingdom's main importing competitors in Platinum Clad Metals were:
Japan $137M
Philippines $72.4M
Italy $36.9M

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Trade Value of Platinum Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.3k
TOP IMPORT POTENTIALGermany+ $29.7k

Platinum Clad Metals’s highest export potential is Germany. With an export gap of $19.3k.   Platinum Clad Metals’s highest import potential is Germany with an import gap of $29.7k.

See methodology.

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