Stranded Aluminium Wire in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $1.94M in Stranded Aluminium Wire, making it the 44th largest exporter of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 1058th most exported product in United Kingdom. The main destination of Stranded Aluminium Wire exports from United Kingdom are: United States ($348k), India ($339k), Libya ($254k), Ireland ($134k), and Belgium ($67.5k).

The fastest growing export markets for Stranded Aluminium Wire of United Kingdom between 2021 and 2022 were United States ($319k), India ($316k), and Libya ($254k).

Imports In 2022, United Kingdom imported $48.7M in Stranded Aluminium Wire, becoming the 5th largest importer of Stranded Aluminium Wire in the world. At the same year, Stranded Aluminium Wire was the 748th most imported product in United Kingdom. United Kingdom imports Stranded Aluminium Wire primarily from: Turkey ($15.1M), Bahrain ($8.78M), Belgium ($7.92M), United Arab Emirates ($7.2M), and Portugal ($2.73M).

The fastest growing import markets in Stranded Aluminium Wire for United Kingdom between 2021 and 2022 were United Arab Emirates ($7.2M), Belgium ($6.13M), and Portugal ($1.75M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Stranded Aluminium Wire exports accounted up to £33.1k and imports accounted up to £8.01M, resulting in a negative trade balance of £7.98M. Between February 2023 and February 2024 the exports of United Kingdom's Stranded Aluminium Wire have decreased by £-108k (-76.6%) from £141k to £33.1k, while imports increased by £3.5M (77.4%) from £4.52M to £8.01M.

Destinations In February 2024, Stranded Aluminium Wire were exported mostly to United States (£8.99k), Germany (£5.44k), Djibouti (£5.43k), Japan (£3.49k), and India (£3.05k), and were imported mostly from Bahrain (£7.54M), Turkey (£142k), Portugal (£99.7k), Ireland (£97.2k), and Italy (£66.6k).

Growth In February 2024, the decrease in Stranded Aluminium Wire's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-4.68k or -90.6%) and Australia (£-3.2k or -42.1%). In February 2024, the increase in Stranded Aluminium Wire's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (£1.94M or 37.7k%), Portugal (£1.07M or 20.3k%), and Belgium (£186k or 26.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-108k(-76.6%)

IMPORT GROWTH (February 2023 - February 2024)£3.5M(77.4%)

MAIN EXPORTER (February 2024)London Heathrow Airport£16.9k

MAIN DESTINATION (February 2024)United States£8.99k

This section shows Stranded Aluminium Wire'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 Stranded Aluminium Wire over time.

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