Soap in United Kingdom 2021 Exports | Imports : $275M | $302M, World Rnk 8 / 203 Rnk 221 / 1216 | World Rnk 3 / 223 Rnk 338 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $21.4M | $12.5M, United States | Germany
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Soap: -1.11, Rnk 858 / 1024
Exports In 2021, United Kingdom exported $275M in Soap, making it the 8th largest exporter of Soap in the world. At the same year, Soap was the 221st most exported product in United Kingdom. The main destination of Soap exports from United Kingdom are: United States ($52.4M), Germany ($31.9M), Ireland ($30.7M), France ($25.5M), and Netherlands ($15.1M).
The fastest growing export markets for Soap of United Kingdom between 2020 and 2021 were United States ($21.4M), France ($13.9M), and Japan ($10.9M).
Imports In 2021, United Kingdom imported $302M in Soap, becoming the 3rd largest importer of Soap in the world. At the same year, Soap was the 338th most imported product in United Kingdom. United Kingdom imports Soap primarily from: Germany ($57.1M), Israel ($44.8M), Poland ($36.6M), China ($33.5M), and Turkey ($29.3M).
The fastest growing import markets in Soap for United Kingdom between 2020 and 2021 were Germany ($12.5M), Poland ($8.51M), and Spain ($4.31M).
April 2023
Overview In April 2023 United Kingdom's Soap exports accounted up to £29M and imports accounted up to £33.9M, resulting in a negative trade balance of £4.92M. Between April 2022 and April 2023 the exports of United Kingdom's Soap have decreased by £-176k (-0.6%) from £29.2M to £29M, while imports decreased by £-14.2M (-29.5%) from £48.1M to £33.9M.
Destinations In April 2023, Soap were exported mostly to Ireland (£5.14M), Germany (£2.96M), United States (£2.58M), France (£2.07M), and Netherlands (£1.51M), and were imported mostly from Germany (£8.11M), Poland (£3.72M), Italy (£3.28M), France (£3.13M), and Israel (£2.3M).
Growth In April 2023, the decrease in Soap's year-by-year exports was explained primarily by a decrease in exports to United States (£-1.81M or -51.4%), Australia (£-775k or -62%), and Hong Kong (£-458k or -74.5%). In April 2023, the decrease in Soap's year-by-year imports was explained primarily by a decrease in imports from Spain (£-1.18M or -71.2%), Israel (£-1.05M or -25.7%), and Ireland (£-596k or -82%).
EXPORT GROWTH (April 2022 - April 2023): £-176k, (-0.6%)
IMPORT GROWTH (April 2022 - April 2023): £-14.2M, (-29.5%)
MAIN EXPORTER (April 2023): Dover Eurotunnel, £8.87M
MAIN DESTINATION (April 2023): Ireland, £5.14M
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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EXPORTS (2021): $275M
IMPORTS (2021): $302M
NET TRADE (2021): -$27.9M
In 2021, United Kingdom exported $275M in Soap. The main destinations of United Kingdom exports on Soap were United States ($52.4M), Germany ($31.9M), Ireland ($30.7M), France ($25.5M), and Netherlands ($15.1M).
In 2021, United Kingdom imported $302M in Soap, mainly from Germany ($57.1M), Israel ($44.8M), Poland ($36.6M), China ($33.5M), and Turkey ($29.3M).
THE FASTEST GROWING Soap EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Soap were:
In 2021, United Kingdom's main importing competitors in Soap were:
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