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2022
Exports $1.07BWorld Rnk 13 / 218
Flag Rnk 75 / 1216
2022
Destination $40.2M United States
2021 - 2022
FASTEST GROWING MARKET $40.2MHong Kong
2022
PRODUCT COMPLEXITY IN Seats0.0071Rnk 545 / 1025
2022
Imports $3.88BWorld Rnk 4 / 224
Flag Rnk 23 / 1214
2022
Origin $38.5M China
2021 - 2022
FASTEST GROWING ORIGIN $38.5MFrance
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.07B in Seats, making it the 13th largest exporter of Seats in the world. At the same year, Seats was the 75th most exported product in United Kingdom. The main destination of Seats exports from United Kingdom are: United States ($307M), France ($91.7M), Hong Kong ($80M), Ireland ($65.3M), and Germany ($65.2M).

The fastest growing export markets for Seats of United Kingdom between 2021 and 2022 were Hong Kong ($40.2M), United States ($20.9M), and Turkey ($9.58M).

Imports In 2022, United Kingdom imported $3.88B in Seats, becoming the 4th largest importer of Seats in the world. At the same year, Seats was the 23rd most imported product in United Kingdom. United Kingdom imports Seats primarily from: China ($1.66B), Poland ($513M), Italy ($288M), Germany ($193M), and France ($111M).

The fastest growing import markets in Seats for United Kingdom between 2021 and 2022 were France ($38.5M), Morocco ($19.9M), and Italy ($19.3M).

COMPANIES In 2023, leading companies such as EBI Furniture and Mattresses (8), Amazon (5), and Design Within Reach (3) were at the forefront of shipping Seats from United Kingdom to the United States.

Latest Trends

April 2024

About

Overview In April 2024 United Kingdom's Seats exports accounted up to £108M and imports accounted up to £268M, resulting in a negative trade balance of £160M. Between April 2023 and April 2024 the exports of United Kingdom's   Seats have increased by £12.1M (12.6%) from £96.2M to £108M, while imports increased by £11.5M (4.47%) from £256M to £268M.

Destinations In April 2024, Seats were exported mostly to United States (£32.4M), France (£23.1M), Germany (£7.12M), Ireland (£5.24M), and United Arab Emirates (£4.49M), and were imported mostly from China (£95M), Poland (£30M), Italy (£18M), France (£15.8M), and Germany (£15.8M).

Growth In April 2024, the increase in Seats's year-by-year exports was explained primarily by an increase in exports to France (£9.21M or 193%), United States (£8.13M or 57.5%), and United Arab Emirates (£3.95M or 810%). In April 2024, the increase in Seats's year-by-year imports was explained primarily by an increase in imports from Morocco (£4.78M or 150%), France (£4.13M or 36.6%), and Slovakia (£2.17M or 85.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)£12.1M(12.6%)
IMPORT GROWTH (April 2023 - April 2024)£11.5M(4.47%)
MAIN EXPORTER (April 2024)Dover Eurotunnel£23.3M
MAIN DESTINATION (April 2024)United States£32.4M

This section shows Seats'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 Seats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.07B
IMPORTS (2022)$3.88B
NET TRADE (2022)-$2.81B

In 2022, United Kingdom exported $1.07B in Seats. The main destinations of United Kingdom exports on Seats were United States ($307M), France ($91.7M), Hong Kong ($80M), Ireland ($65.3M), and Germany ($65.2M).

In 2022, United Kingdom imported $3.88B in Seats, mainly from China ($1.66B), Poland ($513M), Italy ($288M), Germany ($193M), and France ($111M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Hong Kong$40.2M (101%)
United States$20.9M (7.3%)
Turkey$9.58M (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY United Kingdom WERE (2021 - 2022):
Germany-$59.7M (-47.8%)
France-$54.5M (-37.3%)
China-$34.8M (-37.8%)
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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 Seats were:
China $34.3B
Poland $6.67B
Vietnam $4.84B
In 2022, United Kingdom's main importing competitors in Seats were:
United States $21.3B
Germany $8.87B
France $4.46B

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Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $107M
TOP IMPORT POTENTIALChina+ $125M

Seats’s highest export potential is United States. With an export gap of $107M.   Seats’s highest import potential is China with an import gap of $125M.

See methodology.

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