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2022
Exports $16.7MWorld Rnk 7 / 95
Flag Rnk 767 / 1216
2022
Destination $1.93M Germany
2021 - 2022
FASTEST GROWING MARKET $1.93MGermany
2022
Imports $8.43MWorld Rnk 13 / 174
Flag Rnk 1024 / 1214
2022
Origin $351k China
2021 - 2022
FASTEST GROWING ORIGIN $351kUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $16.7M in Processed Mica, making it the 7th largest exporter of Processed Mica in the world. At the same year, Processed Mica was the 767th most exported product in United Kingdom. The main destination of Processed Mica exports from United Kingdom are: Germany ($7.17M), Czechia ($1.92M), China ($1.55M), India ($1.07M), and United States ($957k).

The fastest growing export markets for Processed Mica of United Kingdom between 2021 and 2022 were Germany ($1.93M), Czechia ($1.17M), and India ($419k).

Imports In 2022, United Kingdom imported $8.43M in Processed Mica, becoming the 13th largest importer of Processed Mica in the world. At the same year, Processed Mica was the 1024th most imported product in United Kingdom. United Kingdom imports Processed Mica primarily from: China ($2.44M), Germany ($1.33M), United States ($909k), Austria ($786k), and Czechia ($772k).

The fastest growing import markets in Processed Mica for United Kingdom between 2021 and 2022 were United States ($351k), South Korea ($157k), and Italy ($71.7k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Processed Mica exports accounted up to £732k and imports accounted up to £600k, resulting in a positive trade balance of £132k. Between September 2023 and September 2024 the exports of United Kingdom's   Processed Mica have decreased by £-390k (-34.7%) from £1.12M to £732k, while imports increased by £140k (30.5%) from £460k to £600k.

Destinations In September 2024, Processed Mica were exported mostly to Germany (£488k), India (£70.5k), Switzerland (£40.8k), Ireland (£25.7k), and South Africa (£25.4k), and were imported mostly from China (£162k), Switzerland (£120k), Czechia (£72.2k), Austria (£70.8k), and Germany (£64.2k).

Growth In September 2024, the decrease in Processed Mica's year-by-year exports was explained primarily by a decrease in exports to India (£-16.7k or -28.5%), Czechia (£-11.4k or -92.4%), and Finland (£-9.81k or -53.1%). In September 2024, the increase in Processed Mica's year-by-year imports was explained primarily by an increase in imports from Austria (£86.3k or 292%), United States (£79.1k or 4.29k%), and Czechia (£30.5k or 86.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-390k(-34.7%)
IMPORT GROWTH (September 2023 - September 2024)£140k(30.5%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£727k
MAIN DESTINATION (September 2024)Germany£488k

This section shows Processed Mica'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 Processed Mica over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.7M
IMPORTS (2022)$8.43M
NET TRADE (2022)$8.29M

In 2022, United Kingdom exported $16.7M in Processed Mica. The main destinations of United Kingdom exports on Processed Mica were Germany ($7.17M), Czechia ($1.92M), China ($1.55M), India ($1.07M), and United States ($957k).

In 2022, United Kingdom imported $8.43M in Processed Mica, mainly from China ($2.44M), Germany ($1.33M), United States ($909k), Austria ($786k), and Czechia ($772k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Mica EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$1.93M (36.8%)
Czechia$1.17M (157%)
India$419k (64.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Mica BY United Kingdom WERE (2021 - 2022):
China-$496k (-24.2%)
Sweden-$254k (-73.4%)
Estonia-$227k (-91.1%)
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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 Processed Mica were:
China $103M
Germany $37.4M
Austria $27.2M
In 2022, United Kingdom's main importing competitors in Processed Mica were:
Germany $38.7M
United States $35.6M
China $18.9M

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Trade Value of Processed Mica by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $360k
TOP IMPORT POTENTIALGermany+ $304k

Processed Mica’s highest export potential is United States. With an export gap of $360k.   Processed Mica’s highest import potential is Germany with an import gap of $304k.

See methodology.

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