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2022
Exports $2.02MWorld Rnk 16 / 142
Flag Rnk 1053 / 1216
2022
Destination $333k United States
2021 - 2022
FASTEST GROWING MARKET $333kUnited States
2022
Imports $2.46MWorld Rnk 10 / 174
Flag Rnk 1130 / 1214
2022
Origin $198k India
2021 - 2022
FASTEST GROWING ORIGIN $198kSlovakia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2.02M in Worked Ivory and Bone, making it the 16th largest exporter of Worked Ivory and Bone in the world. At the same year, Worked Ivory and Bone was the 1053rd most exported product in United Kingdom. The main destination of Worked Ivory and Bone exports from United Kingdom are: United States ($449k), France ($323k), Netherlands ($176k), Germany ($115k), and Bahrain ($78.5k).

The fastest growing export markets for Worked Ivory and Bone of United Kingdom between 2021 and 2022 were United States ($333k), France ($72.7k), and Iceland ($70.5k).

Imports In 2022, United Kingdom imported $2.46M in Worked Ivory and Bone, becoming the 10th largest importer of Worked Ivory and Bone in the world. At the same year, Worked Ivory and Bone was the 1130th most imported product in United Kingdom. United Kingdom imports Worked Ivory and Bone primarily from: India ($615k), Spain ($402k), China ($315k), Slovakia ($235k), and Philippines ($136k).

The fastest growing import markets in Worked Ivory and Bone for United Kingdom between 2021 and 2022 were Slovakia ($198k), Lithuania ($96.1k), and United States ($82.8k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Worked Ivory and Bone exports accounted up to £65k and imports accounted up to £75.4k, resulting in a negative trade balance of £10.4k. Between September 2023 and September 2024 the exports of United Kingdom's   Worked Ivory and Bone have decreased by £-68.4k (-51.3%) from £133k to £65k, while imports decreased by £-115k (-60.4%) from £191k to £75.4k.

Destinations In September 2024, Worked Ivory and Bone were exported mostly to United States (£47.4k), Japan (£4.39k), Netherlands (£3.7k), China (£2.65k), and Italy (£2.63k), and were imported mostly from India (£39.1k), Philippines (£17.6k), China (£10.4k), Germany (£2.71k), and Latvia (£2.59k).

Growth In September 2024, the decrease in Worked Ivory and Bone's year-by-year exports was explained primarily by a decrease in exports to United States (£-7.67k or -54.6%), Ireland (£-3.41k or -29.6%), and Germany (£-291 or -7.75%). In September 2024, the decrease in Worked Ivory and Bone's year-by-year imports was explained primarily by a decrease in imports from Spain (£-5.58k or -31.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-68.4k(-51.3%)
IMPORT GROWTH (September 2023 - September 2024)£-115k(-60.4%)
MAIN EXPORTER (September 2024)London Heathrow Airport£101k
MAIN DESTINATION (September 2024)United States£47.4k

This section shows Worked Ivory and Bone'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 Worked Ivory and Bone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.02M
IMPORTS (2022)$2.46M
NET TRADE (2022)-$442k

In 2022, United Kingdom exported $2.02M in Worked Ivory and Bone. The main destinations of United Kingdom exports on Worked Ivory and Bone were United States ($449k), France ($323k), Netherlands ($176k), Germany ($115k), and Bahrain ($78.5k).

In 2022, United Kingdom imported $2.46M in Worked Ivory and Bone, mainly from India ($615k), Spain ($402k), China ($315k), Slovakia ($235k), and Philippines ($136k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Worked Ivory and Bone EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$333k (285%)
France$72.7k (29.1%)
Iceland$70.5k (1.61k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Worked Ivory and Bone BY United Kingdom WERE (2021 - 2022):
Chinese Taipei-$82.4k (-98.3%)
Germany-$61.3k (-34.8%)
Italy-$50.6k (-39.4%)
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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 Worked Ivory and Bone were:
China $52.8M
India $17.5M
Philippines $12.5M
In 2022, United Kingdom's main importing competitors in Worked Ivory and Bone were:
Hong Kong $44M
United States $38.4M
France $11.2M

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Trade Value of Worked Ivory and Bone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $110k
TOP IMPORT POTENTIALChina+ $179k

Worked Ivory and Bone’s highest export potential is United States. With an export gap of $110k.   Worked Ivory and Bone’s highest import potential is China with an import gap of $179k.

See methodology.

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