Wood Wool in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $3.12M in Wood Wool, making it the 5th largest exporter of Wood Wool in the world. At the same year, Wood Wool was the 1017th most exported product in United Kingdom. The main destination of Wood Wool exports from United Kingdom are: Hong Kong ($2.63M), United States ($197k), Poland ($78.3k), United Kingdom ($72.1k), and Netherlands ($42.1k).

The fastest growing export markets for Wood Wool of United Kingdom between 2021 and 2022 were United Kingdom ($72.1k), Poland ($47.7k), and Netherlands ($39.9k).

Imports In 2022, United Kingdom imported $6.14M in Wood Wool, becoming the 4th largest importer of Wood Wool in the world. At the same year, Wood Wool was the 1057th most imported product in United Kingdom. United Kingdom imports Wood Wool primarily from: Germany ($3.84M), United States ($567k), Poland ($501k), Denmark ($315k), and Netherlands ($311k).

The fastest growing import markets in Wood Wool for United Kingdom between 2021 and 2022 were Germany ($980k), Poland ($205k), and United Kingdom ($72.1k).

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

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Wood Wool exports accounted up to £71k and imports accounted up to £297k, resulting in a negative trade balance of £226k. Between August 2023 and August 2024 the exports of United Kingdom's Wood Wool have decreased by £-53.9k (-43.2%) from £125k to £71k, while imports decreased by £-123k (-29.3%) from £421k to £297k.

Destinations In August 2024, Wood Wool were exported mostly to United States (£59.3k) and Spain (£11.7k), and were imported mostly from Germany (£205k), Netherlands (£48.7k), United States (£20.6k), China (£16.6k), and France (£6.52k).

Growth In August 2024, the decrease in Wood Wool's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Wood Wool's year-by-year imports was explained primarily by a decrease in imports from Germany (£-11.2k or -7.76%), China (£-10.5k or -80.8%), and United States (£-3.31k or -6.91%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)£-53.9k(-43.2%)

IMPORT GROWTH (August 2023 - August 2024)£-123k(-29.3%)

MAIN EXPORTER (August 2024)Liverpool£59.3k

MAIN DESTINATION (August 2024)United States£59.3k

This section shows Wood Wool'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 Wool over time.

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