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2022
Exports $51.2MWorld Rnk 38 / 167
Flag Rnk 540 / 1216
2022
Destination $11.7M China
2021 - 2022
FASTEST GROWING MARKET $11.7MChina
2022
PRODUCT COMPLEXITY IN Plywood-0.88Rnk 799 / 1025
2022
Imports $762MWorld Rnk 5 / 223
Flag Rnk 177 / 1214
2022
Origin $10.1M China
2021 - 2022
FASTEST GROWING ORIGIN $10.1MLatvia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $51.2M in Plywood, making it the 38th largest exporter of Plywood in the world. At the same year, Plywood was the 540th most exported product in United Kingdom. The main destination of Plywood exports from United Kingdom are: China ($11.9M), France ($11.8M), Ireland ($5.58M), Malaysia ($3.52M), and Netherlands ($3.25M).

The fastest growing export markets for Plywood of United Kingdom between 2021 and 2022 were China ($11.7M), France ($3.53M), and Malaysia ($3.52M).

Imports In 2022, United Kingdom imported $762M in Plywood, becoming the 5th largest importer of Plywood in the world. At the same year, Plywood was the 177th most imported product in United Kingdom. United Kingdom imports Plywood primarily from: China ($341M), Finland ($81.4M), Indonesia ($63.3M), Brazil ($52.8M), and Latvia ($29.9M).

The fastest growing import markets in Plywood for United Kingdom between 2021 and 2022 were Latvia ($10.1M), Spain ($3.4M), and Italy ($2.31M).

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

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Plywood exports accounted up to £1.62M and imports accounted up to £49.3M, resulting in a negative trade balance of £47.6M. Between June 2023 and June 2024 the exports of United Kingdom's   Plywood have decreased by £-878k (-35.1%) from £2.5M to £1.62M, while imports decreased by £-1.77M (-3.47%) from £51M to £49.3M.

Destinations In June 2024, Plywood were exported mostly to France (£581k), Ireland (£512k), Netherlands (£172k), Denmark (£72.9k), and Belgium (£58.2k), and were imported mostly from China (£20.9M), Finland (£6.57M), Brazil (£4.19M), Latvia (£2.98M), and Poland (£1.41M).

Growth In June 2024, the decrease in Plywood's year-by-year exports was explained primarily by a decrease in exports to France (£-467k or -52.3%), Netherlands (£-51.7k or -22.6%), and Germany (£-20.1k or -28.6%). In June 2024, the decrease in Plywood's year-by-year imports was explained primarily by a decrease in imports from China (£-19.4M or -58.2%), Brazil (£-7.22M or -36.9%), and Indonesia (£-4.67M or -58.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-878k(-35.1%)
IMPORT GROWTH (June 2023 - June 2024)£-1.77M(-3.47%)
MAIN EXPORTER (June 2024)Portsmouth£874k
MAIN DESTINATION (June 2024)France£581k

This section shows Plywood'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 Plywood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.2M
IMPORTS (2022)$762M
NET TRADE (2022)-$710M

In 2022, United Kingdom exported $51.2M in Plywood. The main destinations of United Kingdom exports on Plywood were China ($11.9M), France ($11.8M), Ireland ($5.58M), Malaysia ($3.52M), and Netherlands ($3.25M).

In 2022, United Kingdom imported $762M in Plywood, mainly from China ($341M), Finland ($81.4M), Indonesia ($63.3M), Brazil ($52.8M), and Latvia ($29.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plywood EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$11.7M (8.71k%)
France$3.53M (42.6%)
Malaysia$3.52M (46.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plywood BY United Kingdom WERE (2021 - 2022):
Ireland-$24.1M (-81.2%)
Netherlands-$937k (-22.4%)
Falkland Islands-$201k (-84.7%)
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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 Plywood were:
China $5.46B
Indonesia $2.61B
Russia $1.28B
In 2022, United Kingdom's main importing competitors in Plywood were:
United States $4.14B
Japan $1.84B
Germany $1.32B

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Trade Value of Plywood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.85M
TOP IMPORT POTENTIALIndonesia+ $21.3M

Plywood’s highest export potential is United States. With an export gap of $3.85M.   Plywood’s highest import potential is Indonesia with an import gap of $21.3M.

See methodology.

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