Soap in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $231M in Soap, making it the 9th largest exporter of Soap in the world. At the same year, Soap was the 246th most exported product in United Kingdom. The main destination of Soap exports from United Kingdom are: Germany ($42.3M), Ireland ($26.7M), United States ($19.5M), France ($16.4M), and Netherlands ($15M).

The fastest growing export markets for Soap of United Kingdom between 2021 and 2022 were Germany ($10.6M), United Kingdom ($3.34M), and Czechia ($2.92M).

Imports In 2022, United Kingdom imported $283M in Soap, becoming the 4th largest importer of Soap in the world. At the same year, Soap was the 369th most imported product in United Kingdom. United Kingdom imports Soap primarily from: Germany ($54.3M), Israel ($40.8M), Poland ($37.1M), Turkey ($30.9M), and China ($27.5M).

The fastest growing import markets in Soap for United Kingdom between 2021 and 2022 were Thailand ($5.58M), United Kingdom ($3.34M), and Turkey ($1.61M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soap from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Soap exports accounted up to £27.4M and imports accounted up to £38.3M, resulting in a negative trade balance of £10.9M. Between January 2023 and January 2024 the exports of United Kingdom's Soap have decreased by £-724k (-2.57%) from £28.2M to £27.4M, while imports decreased by £-1.69M (-4.22%) from £40M to £38.3M.

Destinations In January 2024, Soap were exported mostly to Ireland (£5.31M), Germany (£3.35M), Belgium (£2.37M), United States (£2.02M), and France (£1.96M), and were imported mostly from Germany (£8M), Poland (£3.97M), Italy (£3.82M), Israel (£3.54M), and France (£3.36M).

Growth In January 2024, the decrease in Soap's year-by-year exports was explained primarily by a decrease in exports to Mexico (£-241k or -90.6%), South Korea (£-181k or -45.9%), and India (£-157k or -60.8%). In January 2024, the decrease in Soap's year-by-year imports was explained primarily by a decrease in imports from Germany (£-4.34M or -34.2%), China (£-2.19M or -42.8%), and Poland (£-900k or -17.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-724k(-2.57%)

IMPORT GROWTH (January 2023 - January 2024)£-1.69M(-4.22%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£8.79M

MAIN DESTINATION (January 2024)Ireland£5.31M

This section shows Soap'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 Soap over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$231M

IMPORTS (2022)$283M

NET TRADE (2022)-$51.5M

In 2022, United Kingdom exported $231M in Soap. The main destinations of United Kingdom exports on Soap were Germany ($42.3M), Ireland ($26.7M), United States ($19.5M), France ($16.4M), and Netherlands ($15M).

In 2022, United Kingdom imported $283M in Soap, mainly from Germany ($54.3M), Israel ($40.8M), Poland ($37.1M), Turkey ($30.9M), and China ($27.5M).

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