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2023
Exports $96.5MWorld Rnk 36 / 176
Flag Rnk 390 / 1216
2023
Destination $2.11M Ireland
2022 - 2023
FASTEST GROWING MARKET $2.11MUnited States
2023
PRODUCT COMPLEXITY IN Aluminium Bars-0.075Rnk 584 / 1025
2023
Imports $736MWorld Rnk 4 / 217
Flag Rnk 172 / 1214
2023
Origin $14.9M Spain
2022 - 2023
FASTEST GROWING ORIGIN $14.9MMalaysia
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $96.5M in Aluminium Bars, making it the 36th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 390th most exported product in United Kingdom. The main destination of Aluminium Bars exports from United Kingdom are: Ireland ($22.6M), Netherlands ($16.4M), United States ($8.8M), Germany ($8.06M), and France ($5.19M).

The fastest growing export markets for Aluminium Bars of United Kingdom between 2022 and 2023 were United States ($2.11M), India ($1.15M), and Canada ($875k).

Imports In 2023, United Kingdom imported $736M in Aluminium Bars, becoming the 4th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 172nd most imported product in United Kingdom. United Kingdom imports Aluminium Bars primarily from: Spain ($157M), Germany ($66.5M), Italy ($50.4M), China ($49M), and France ($48.7M).

The fastest growing import markets in Aluminium Bars for United Kingdom between 2022 and 2023 were Malaysia ($14.9M), Belgium ($10.6M), and Romania ($10.5M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Aluminium Bars exports accounted up to £9.16M and imports accounted up to £46.9M, resulting in a negative trade balance of £37.7M. Between November 2023 and November 2024 the exports of United Kingdom's   Aluminium Bars have increased by £2.28M (33.1%) from £6.88M to £9.16M, while imports increased by £235k (0.5%) from £46.7M to £46.9M.

Destinations In November 2024, Aluminium Bars were exported mostly to Netherlands (£2.51M), Ireland (£1.67M), United States (£875k), Belgium (£652k), and France (£476k), and were imported mostly from Spain (£9.68M), France (£6.48M), Germany (£4.17M), Turkey (£3.11M), and China (£2.56M).

Growth In November 2024, the increase in Aluminium Bars's year-by-year exports was explained primarily by an increase in exports to Ireland (£1.16M or 236%), China (£388k or 3.72k%), and Germany (£253k or 85.9%). In November 2024, the increase in Aluminium Bars's year-by-year imports was explained primarily by an increase in imports from United States (£1.86M or 101%), Malaysia (£1.26M or 357%), and Turkey (£1.17M or 44.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£2.28M(33.1%)
IMPORT GROWTH (November 2023 - November 2024)£235k(0.5%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£2.29M
MAIN DESTINATION (November 2024)Netherlands£2.51M

This section shows Aluminium Bars'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 Aluminium Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$96.5M
IMPORTS (2023)$736M
NET TRADE (2023)-$639M

In 2023, United Kingdom exported $96.5M in Aluminium Bars. The main destinations of United Kingdom exports on Aluminium Bars were Ireland ($22.6M), Netherlands ($16.4M), United States ($8.8M), Germany ($8.06M), and France ($5.19M).

In 2023, United Kingdom imported $736M in Aluminium Bars, mainly from Spain ($157M), Germany ($66.5M), Italy ($50.4M), China ($49M), and France ($48.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
United States$2.11M (31.5%)
India$1.15M (39.6%)
Canada$875k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY United Kingdom WERE (2022 - 2023):
Netherlands-$22.4M (-57.8%)
Egypt-$1.36M (-86.4%)
Poland-$1.3M (-37.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Aluminium Bars were:
China $3.08B
Germany $2.1B
Turkey $1.85B
In 2023, United Kingdom's main importing competitors in Aluminium Bars were:
Germany $3.23B
United States $1.65B
France $1.39B

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12M
TOP IMPORT POTENTIALGermany+ $34.3M

Aluminium Bars’s highest export potential is Germany. With an export gap of $12M.   Aluminium Bars’s highest import potential is Germany with an import gap of $34.3M.

See methodology.

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