Residues of petroleum oils etc. nes in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $111M in Residues of petroleum oils etc. nes, making it the 3rd largest exporter of Residues of petroleum oils etc. nes in the world. At the same year, Residues of petroleum oils etc. nes was the 525th most exported product in United Kingdom. The main destination of Residues of petroleum oils etc. nes exports from United Kingdom are: Italy ($38.8M), Egypt ($37.1M), Spain ($21.7M), Netherlands ($13M), and Hungary ($666k).

The fastest growing export markets for Residues of petroleum oils etc. nes of United Kingdom between 2021 and 2022 were Italy ($26.4M), Egypt ($11.2M), and Spain ($9.82M).

Imports In 2022, United Kingdom imported $23.5M in Residues of petroleum oils etc. nes, becoming the 12th largest importer of Residues of petroleum oils etc. nes in the world. At the same year, Residues of petroleum oils etc. nes was the 2129th most imported product in United Kingdom. United Kingdom imports Residues of petroleum oils etc. nes primarily from: Netherlands ($21M), Germany ($1.42M), Poland ($964k), Italy ($144k), and United States ($13k).

The fastest growing import markets in Residues of petroleum oils etc. nes for United Kingdom between 2021 and 2022 were Netherlands ($20.4M), Germany ($773k), and Poland ($160k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (6.62k), Diageo Beverages (3.83k), and J.C. Bamford (1.28k) were at the forefront of shipping Residues of petroleum oils etc. nes from United Kingdom to the United States.

Latest Trends

June 2024

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Overview In June 2024 United Kingdom's Residues of petroleum oils etc. nes exports accounted up to £3.1M and imports accounted up to £90k, resulting in a positive trade balance of £3.01M. Between April 2023 and June 2024 the exports of United Kingdom's Residues of petroleum oils etc. nes have decreased by £-2.05M (-39.8%) from £5.16M to £3.1M, while imports decreased by £-20.8k (-18.8%) from £111k to £90k.

Destinations In June 2024, Residues of petroleum oils etc. nes were exported mostly to Spain (£3.1M) and Ireland (£5.34k), and were imported mostly from N/A.

Growth In June 2024, the decrease in Residues of petroleum oils etc. nes's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Residues of petroleum oils etc. nes's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-3.38k or -3.14%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - June 2024)£-2.05M(-39.8%)

IMPORT GROWTH (May 2023 - June 2024)£-20.8k(-18.8%)

MAIN EXPORTER (June 2024)Southampton£3.46M

MAIN DESTINATION (June 2024)Spain£3.1M

This section shows Residues of petroleum oils etc. nes'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 Residues of petroleum oils etc. nes over time.

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