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2022
Exports $14.1MWorld Rnk 9 / 107
Flag Rnk 796 / 1216
2022
Destination $922k Netherlands
2021 - 2022
FASTEST GROWING MARKET $922kUnited States
2022
Imports $6.07MWorld Rnk 11 / 187
Flag Rnk 1061 / 1214
2022
Origin $333k Spain
2021 - 2022
FASTEST GROWING ORIGIN $333kSpain
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $14.1M in Prepared Paint Driers, making it the 9th largest exporter of Prepared Paint Driers in the world. At the same year, Prepared Paint Driers was the 796th most exported product in United Kingdom. The main destination of Prepared Paint Driers exports from United Kingdom are: Netherlands ($6.75M), United States ($1.86M), Pakistan ($619k), Italy ($555k), and Poland ($539k).

The fastest growing export markets for Prepared Paint Driers of United Kingdom between 2021 and 2022 were United States ($922k), France ($354k), and Pakistan ($230k).

Imports In 2022, United Kingdom imported $6.07M in Prepared Paint Driers, becoming the 11th largest importer of Prepared Paint Driers in the world. At the same year, Prepared Paint Driers was the 1061st most imported product in United Kingdom. United Kingdom imports Prepared Paint Driers primarily from: Spain ($1.69M), Belgium ($1.39M), Austria ($411k), Germany ($403k), and Turkey ($323k).

The fastest growing import markets in Prepared Paint Driers for United Kingdom between 2021 and 2022 were Spain ($333k), Thailand ($292k), and France ($201k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Prepared Paint Driers exports accounted up to £915k and imports accounted up to £363k, resulting in a positive trade balance of £552k. Between June 2023 and June 2024 the exports of United Kingdom's   Prepared Paint Driers have increased by £521k (132%) from £394k to £915k, while imports decreased by £-127k (-26%) from £490k to £363k.

Destinations In June 2024, Prepared Paint Driers were exported mostly to Netherlands (£385k), Germany (£110k), United States (£86k), India (£60.7k), and Philippines (£56.4k), and were imported mostly from Belgium (£111k), France (£92.4k), Spain (£65.8k), Netherlands (£48k), and Germany (£40.4k).

Growth In June 2024, the increase in Prepared Paint Driers's year-by-year exports was explained primarily by an increase in exports to Indonesia (£21.7k or 567%), Italy (£6.25k or 11.3%), and Norway (£2.37k or 29.1%). In June 2024, the decrease in Prepared Paint Driers's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-140k or -49.9%), France (£-5.29k or -4.19%), and Spain (£-3.41k or -13.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£521k(132%)
IMPORT GROWTH (June 2023 - June 2024)£-127k(-26%)
MAIN EXPORTER (June 2024)Immingham£447k
MAIN DESTINATION (June 2024)Netherlands£385k

This section shows Prepared Paint Driers'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 Prepared Paint Driers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.1M
IMPORTS (2022)$6.07M
NET TRADE (2022)$8.05M

In 2022, United Kingdom exported $14.1M in Prepared Paint Driers. The main destinations of United Kingdom exports on Prepared Paint Driers were Netherlands ($6.75M), United States ($1.86M), Pakistan ($619k), Italy ($555k), and Poland ($539k).

In 2022, United Kingdom imported $6.07M in Prepared Paint Driers, mainly from Spain ($1.69M), Belgium ($1.39M), Austria ($411k), Germany ($403k), and Turkey ($323k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Paint Driers EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$922k (98.5%)
France$354k (234%)
Pakistan$230k (59.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Paint Driers BY United Kingdom WERE (2021 - 2022):
Germany-$815k (-80.7%)
Netherlands-$618k (-8.39%)
Liberia-$137k (-100%)
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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 Prepared Paint Driers were:
Belgium $25.4M
Spain $21M
China $20.5M
In 2022, United Kingdom's main importing competitors in Prepared Paint Driers were:
Germany $18.8M
United States $17.5M
Netherlands $14.7M

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Trade Value of Prepared Paint Driers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $228k
TOP IMPORT POTENTIALFrance+ $219k

Prepared Paint Driers’s highest export potential is Germany. With an export gap of $228k.   Prepared Paint Driers’s highest import potential is France with an import gap of $219k.

See methodology.

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