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Pricing

2022
Exports $72.1MWorld Rnk 38 / 177
Flag Rnk 466 / 1216
2022
Destination $7.87M Ireland
2021 - 2022
FASTEST GROWING MARKET $7.87MAustralia
2022
PRODUCT COMPLEXITY IN Wood Carpentry-0.052Rnk 563 / 1025
2022
Imports $1.13BWorld Rnk 4 / 222
Flag Rnk 117 / 1214
2022
Origin $25.3M Poland
2021 - 2022
FASTEST GROWING ORIGIN $25.3MLithuania
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $72.1M in Wood Carpentry, making it the 38th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 466th most exported product in United Kingdom. The main destination of Wood Carpentry exports from United Kingdom are: Ireland ($26.7M), Australia ($11.3M), United States ($3.43M), Sweden ($2.61M), and Nicaragua ($2.42M).

The fastest growing export markets for Wood Carpentry of United Kingdom between 2021 and 2022 were Australia ($7.87M), Nicaragua ($2.42M), and Sweden ($2.26M).

Imports In 2022, United Kingdom imported $1.13B in Wood Carpentry, becoming the 4th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 117th most imported product in United Kingdom. United Kingdom imports Wood Carpentry primarily from: Poland ($219M), China ($207M), Indonesia ($121M), Germany ($74.7M), and Lithuania ($54.4M).

The fastest growing import markets in Wood Carpentry for United Kingdom between 2021 and 2022 were Lithuania ($25.3M), Ireland ($11.6M), and Germany ($5.89M).

COMPANIES In 2023, leading companies such as Pernod Ricard (4) and Amazon (1) were at the forefront of shipping Wood Carpentry from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Wood Carpentry exports accounted up to £4.8M and imports accounted up to £77.8M, resulting in a negative trade balance of £73M. Between September 2023 and September 2024 the exports of United Kingdom's   Wood Carpentry have increased by £845k (21.4%) from £3.95M to £4.8M, while imports decreased by £-3.34M (-4.12%) from £81.1M to £77.8M.

Destinations In September 2024, Wood Carpentry were exported mostly to Ireland (£2.85M), United States (£396k), Saint Vincent and the Grenadines (£388k), France (£276k), and Spain (£163k), and were imported mostly from Poland (£19.4M), China (£15.4M), Indonesia (£6.57M), Denmark (£5.94M), and Lithuania (£3.82M).

Growth In September 2024, the increase in Wood Carpentry's year-by-year exports was explained primarily by an increase in exports to Ireland (£1.15M or 53.8%), France (£307k or 1.6k%), and United States (£158k or 474%). In September 2024, the decrease in Wood Carpentry's year-by-year imports was explained primarily by a decrease in imports from China (£-11.2M or -47.2%), Indonesia (£-8.09M or -67.7%), and Denmark (£-6.71M or -75.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£845k(21.4%)
IMPORT GROWTH (September 2023 - September 2024)£-3.34M(-4.12%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£3.94M
MAIN DESTINATION (September 2024)Ireland£2.85M

This section shows Wood Carpentry'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 Wood Carpentry over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.1M
IMPORTS (2022)$1.13B
NET TRADE (2022)-$1.05B

In 2022, United Kingdom exported $72.1M in Wood Carpentry. The main destinations of United Kingdom exports on Wood Carpentry were Ireland ($26.7M), Australia ($11.3M), United States ($3.43M), Sweden ($2.61M), and Nicaragua ($2.42M).

In 2022, United Kingdom imported $1.13B in Wood Carpentry, mainly from Poland ($219M), China ($207M), Indonesia ($121M), Germany ($74.7M), and Lithuania ($54.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Australia$7.87M (227%)
Nicaragua$2.42M (1%)
Sweden$2.26M (641%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY United Kingdom WERE (2021 - 2022):
Ireland-$25.9M (-49.2%)
United States-$1.17M (-25.4%)
Indonesia-$1.06M (-96.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, United Kingdom's main importing competitors in Wood Carpentry were:
United States $3.74B
Japan $1.85B
Germany $1.72B

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.09M
TOP IMPORT POTENTIALGermany+ $31.5M

Wood Carpentry’s highest export potential is United States. With an export gap of $5.09M.   Wood Carpentry’s highest import potential is Germany with an import gap of $31.5M.

See methodology.

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