Coffee and Tea Extracts in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $346M in Coffee and Tea Extracts, making it the 11th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 186th most exported product in United Kingdom. The main destination of Coffee and Tea Extracts exports from United Kingdom are: Germany ($60.3M), France ($43.6M), Ireland ($39.3M), Netherlands ($28.3M), and Czechia ($24.1M).

The fastest growing export markets for Coffee and Tea Extracts of United Kingdom between 2021 and 2022 were France ($9.2M), Netherlands ($7.68M), and Ireland ($4.89M).

Imports In 2022, United Kingdom imported $467M in Coffee and Tea Extracts, becoming the 4th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 273rd most imported product in United Kingdom. United Kingdom imports Coffee and Tea Extracts primarily from: Germany ($136M), Spain ($83.1M), Netherlands ($50.6M), France ($47.4M), and Poland ($33M).

The fastest growing import markets in Coffee and Tea Extracts for United Kingdom between 2021 and 2022 were Netherlands ($24.3M), Germany ($16.8M), and Spain ($14.2M).

Latest Trends

February 2024

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Overview In February 2024 United Kingdom's Coffee and Tea Extracts exports accounted up to £26.1M and imports accounted up to £37.8M, resulting in a negative trade balance of £11.6M. Between February 2023 and February 2024 the exports of United Kingdom's Coffee and Tea Extracts have increased by £1.97M (8.13%) from £24.2M to £26.1M, while imports increased by £2.02M (5.65%) from £35.7M to £37.8M.

Destinations In February 2024, Coffee and Tea Extracts were exported mostly to Germany (£4.37M), Ireland (£3.64M), Netherlands (£3.4M), France (£2.99M), and Ukraine (£1.81M), and were imported mostly from Netherlands (£8.43M), Spain (£6.84M), Germany (£5.55M), Poland (£2.9M), and Vietnam (£2.38M).

Growth In February 2024, the increase in Coffee and Tea Extracts's year-by-year exports was explained primarily by an increase in exports to Ireland (£1.64M or 107%), France (£1.51M or 74.8%), and Ukraine (£554k or 441%). In February 2024, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from Germany (£2.5M or 55.6%), India (£1.53M or 15k%), and Czechia (£1.46M or 260%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£1.97M(8.13%)

IMPORT GROWTH (February 2023 - February 2024)£2.02M(5.65%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£12M

MAIN DESTINATION (February 2024)Germany£4.37M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

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