Soups and broths and preparations thereof in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $27.7M in Soups and broths and preparations thereof, making it the 31st largest exporter of Soups and broths and preparations thereof in the world. At the same year, Soups and broths and preparations thereof was the 1288th most exported product in United Kingdom. The main destination of Soups and broths and preparations thereof exports from United Kingdom are: Ireland ($6.65M), France ($3.94M), Netherlands ($3.09M), Germany ($1.63M), and Kenya ($1.59M).

The fastest growing export markets for Soups and broths and preparations thereof of United Kingdom between 2021 and 2022 were Germany ($1.41M), Kenya ($698k), and France ($326k).

The fastest growing import markets in Soups and broths and preparations thereof for United Kingdom between 2021 and 2022 were Ireland ($10M), Romania ($1.88M), and Portugal ($1.63M).

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 Soups and broths and preparations thereof from United Kingdom to the United States.

Latest Trends

June 2024

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Overview In June 2024 United Kingdom's Soups and broths and preparations thereof exports accounted up to £1.78M and imports accounted up to £8.36M, resulting in a negative trade balance of £6.59M. Between June 2023 and June 2024 the exports of United Kingdom's Soups and broths and preparations thereof have decreased by £-1.52M (-46.1%) from £3.29M to £1.78M, while imports increased by £1.84M (28.2%) from £6.52M to £8.36M.

Destinations In June 2024, Soups and broths and preparations thereof were exported mostly to Ireland (£517k), Germany (£304k), France (£258k), United Arab Emirates (£143k), and Kenya (£116k), and were imported mostly from Italy (£1.45M), Ireland (£1.14M), Netherlands (£1.01M), Spain (£720k), and Portugal (£704k).

Growth In June 2024, the decrease in Soups and broths and preparations thereof's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (£-32.4k or -64%), Singapore (£-31.6k or -94.1%), and Malta (£-26.2k or -30.2%). In June 2024, the increase in Soups and broths and preparations thereof's year-by-year imports was explained primarily by an increase in imports from Netherlands (£566k or 28.9%), Italy (£386k or 18.8%), and Belgium (£364k or 505%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)£-1.52M(-46.1%)

IMPORT GROWTH (June 2023 - June 2024)£1.84M(28.2%)

MAIN EXPORTER (June 2024)London Gateway£1.33M

MAIN DESTINATION (June 2024)Ireland£517k

This section shows Soups and broths and preparations thereof'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 Soups and broths and preparations thereof over time.

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