2023
Exports
$47.4MWorld Rnk 18 / 198
Flag Rnk 525 / 1216
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$148MWorld Rnk 6 / 224
Flag Rnk 503 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $47.4M in Spices, making it the 18th largest exporter of Spices in the world. At the same year, Spices was the 525th most exported product in United Kingdom. The main destination of Spices exports from United Kingdom are: Nigeria ($26.2M), Ireland ($5.15M), Netherlands ($3.84M), France ($2.42M), and United Arab Emirates ($1.85M).

The fastest growing export markets for Spices of United Kingdom between 2022 and 2023 were Nigeria ($14.4M), Ireland ($1.4M), and France ($784k).

Imports In 2023, United Kingdom imported $148M in Spices, becoming the 6th largest importer of Spices in the world. At the same year, Spices was the 503rd most imported product in United Kingdom. United Kingdom imports Spices primarily from: China ($46.6M), India ($22.4M), Pakistan ($9.85M), Spain ($9.13M), and Peru ($6.75M).

The fastest growing import markets in Spices for United Kingdom between 2022 and 2023 were China ($10.9M), Peru ($3.66M), and Brazil ($1.63M).

COMPANIES In 2024, leading companies such as TE Connectivity (1) and Volvo (1) were at the forefront of shipping Spices from United Kingdom to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£360k(35.5%)
IMPORT GROWTH (December 2023 - December 2024)£2.29M(25.3%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Ireland£465k

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$47.4M
IMPORTS (2023)$148M
NET TRADE (2023)-$101M

In 2023, United Kingdom exported $47.4M in Spices. The main destinations of United Kingdom exports on Spices were Nigeria ($26.2M), Ireland ($5.15M), Netherlands ($3.84M), France ($2.42M), and United Arab Emirates ($1.85M).

In 2023, United Kingdom imported $148M in Spices, mainly from China ($46.6M), India ($22.4M), Pakistan ($9.85M), Spain ($9.13M), and Peru ($6.75M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Nigeria$14.4M (122%)
Ireland$1.4M (37.2%)
France$784k (48%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY United Kingdom WERE (2022 - 2023):
United States-$1.62M (-60%)
India-$492k (-90.6%)
Saudi Arabia-$361k (-63.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Spices were:
In 2023, United Kingdom's main importing competitors in Spices were:

Explore Visualizations

Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19M
TOP IMPORT POTENTIALIndia+ $4.84M

Spices’s highest export potential is United States. With an export gap of $1.19M.   Spices’s highest import potential is India with an import gap of $4.84M.

See methodology.

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