Titanium in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $470M in Titanium, making it the 6th largest exporter of Titanium in the world. At the same year, Titanium was the 153rd most exported product in United Kingdom. The main destination of Titanium exports from United Kingdom are: France ($101M), Germany ($67.3M), United States ($66.8M), Czechia ($50.9M), and Australia ($20.2M).

The fastest growing export markets for Titanium of United Kingdom between 2021 and 2022 were United States ($42.4M), France ($28.6M), and Germany ($21.9M).

Imports In 2022, United Kingdom imported $549M in Titanium, becoming the 4th largest importer of Titanium in the world. At the same year, Titanium was the 239th most imported product in United Kingdom. United Kingdom imports Titanium primarily from: United States ($210M), Germany ($84.5M), France ($56.2M), Russia ($52.3M), and Japan ($50.6M).

The fastest growing import markets in Titanium for United Kingdom between 2021 and 2022 were Germany ($63.1M), United States ($48M), and France ($39.2M).

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

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Titanium exports accounted up to £41.9M and imports accounted up to £43.2M, resulting in a negative trade balance of £1.35M. Between January 2023 and January 2024 the exports of United Kingdom's Titanium have increased by £7.13M (20.5%) from £34.8M to £41.9M, while imports increased by £14.8M (51.9%) from £28.5M to £43.2M.

Destinations In January 2024, Titanium were exported mostly to France (£10M), United States (£6.72M), Germany (£5.82M), Czechia (£5.47M), and Spain (£1.6M), and were imported mostly from United States (£20.3M), Japan (£5.73M), France (£5.21M), Germany (£3.14M), and China (£3.13M).

Growth In January 2024, the increase in Titanium's year-by-year exports was explained primarily by an increase in exports to France (£5.16M or 118%), Czechia (£3.18M or 242%), and United States (£1.69M or 66.5%). In January 2024, the increase in Titanium's year-by-year imports was explained primarily by an increase in imports from United States (£2.93M or 34%), France (£839k or 24%), and China (£372k or 18.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£7.13M(20.5%)

IMPORT GROWTH (January 2023 - January 2024)£14.8M(51.9%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£11.5M

MAIN DESTINATION (January 2024)France£10M

This section shows Titanium'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 Titanium over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$470M

IMPORTS (2022)$549M

NET TRADE (2022)-$78.8M

In 2022, United Kingdom exported $470M in Titanium. The main destinations of United Kingdom exports on Titanium were France ($101M), Germany ($67.3M), United States ($66.8M), Czechia ($50.9M), and Australia ($20.2M).

In 2022, United Kingdom imported $549M in Titanium, mainly from United States ($210M), Germany ($84.5M), France ($56.2M), Russia ($52.3M), and Japan ($50.6M).

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