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Pricing

2022
Exports $12.4MWorld Rnk 3 / 87
Flag Rnk 816 / 1216
2022
Destination $202k Italy
2021 - 2022
FASTEST GROWING MARKET $202kMauritius
2022
PRODUCT COMPLEXITY IN Animal Hair-2.14Rnk 1005 / 1025
2022
Imports $15.2MWorld Rnk 4 / 102
Flag Rnk 957 / 1214
2022
Origin $3.27M Mongolia
2021 - 2022
FASTEST GROWING ORIGIN $3.27MMongolia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $12.4M in Animal Hair, making it the 3rd largest exporter of Animal Hair in the world. At the same year, Animal Hair was the 816th most exported product in United Kingdom. The main destination of Animal Hair exports from United Kingdom are: Italy ($9.84M), Germany ($559k), Belgium ($285k), France ($257k), and Portugal ($246k).

The fastest growing export markets for Animal Hair of United Kingdom between 2021 and 2022 were Mauritius ($202k), Switzerland ($112k), and United States ($108k).

Imports In 2022, United Kingdom imported $15.2M in Animal Hair, becoming the 4th largest importer of Animal Hair in the world. At the same year, Animal Hair was the 957th most imported product in United Kingdom. United Kingdom imports Animal Hair primarily from: Mongolia ($6.3M), China ($2.02M), Hong Kong ($1.7M), Germany ($1.08M), and Italy ($912k).

The fastest growing import markets in Animal Hair for United Kingdom between 2021 and 2022 were Mongolia ($3.27M), Germany ($813k), and Afghanistan ($414k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Animal Hair exports accounted up to £573k and imports accounted up to £2.46M, resulting in a negative trade balance of £1.88M. Between June 2023 and June 2024 the exports of United Kingdom's   Animal Hair have increased by £351k (158%) from £222k to £573k, while imports increased by £309k (14.4%) from £2.15M to £2.46M.

Destinations In June 2024, Animal Hair were exported mostly to Italy (£376k), Portugal (£70.2k), Belgium (£22.3k), Ireland (£21.7k), and India (£21.3k), and were imported mostly from China (£1.56M), Italy (£506k), Switzerland (£355k), Netherlands (£25.4k), and Sweden (£2.2k).

Growth In June 2024, the increase in Animal Hair's year-by-year exports was explained primarily by an increase in exports to Italy (£245k or 169%) and Portugal (£17.2k or 73.3%). In June 2024, the increase in Animal Hair's year-by-year imports was explained primarily by an increase in imports from Italy (£1.43M or 717%) and Germany (£13k or 372%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£351k(158%)
IMPORT GROWTH (June 2023 - June 2024)£309k(14.4%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£1.47M
MAIN DESTINATION (June 2024)Italy£376k

This section shows Animal Hair'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 Animal Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.4M
IMPORTS (2022)$15.2M
NET TRADE (2022)-$2.85M

In 2022, United Kingdom exported $12.4M in Animal Hair. The main destinations of United Kingdom exports on Animal Hair were Italy ($9.84M), Germany ($559k), Belgium ($285k), France ($257k), and Portugal ($246k).

In 2022, United Kingdom imported $15.2M in Animal Hair, mainly from Mongolia ($6.3M), China ($2.02M), Hong Kong ($1.7M), Germany ($1.08M), and Italy ($912k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hair EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Mauritius$202k (27k%)
Switzerland$112k (3.86k%)
United States$108k (333%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hair BY United Kingdom WERE (2021 - 2022):
Italy-$1.88M (-16%)
South Africa-$347k (-100%)
France-$233k (-47.5%)
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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 Animal Hair were:
Mongolia $430M
China $304M
In 2022, United Kingdom's main importing competitors in Animal Hair were:
Italy $373M
China $365M
South Africa $15.5M

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Trade Value of Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $398k
TOP IMPORT POTENTIALPeru+ $101k

Animal Hair’s highest export potential is China. With an export gap of $398k.   Animal Hair’s highest import potential is Peru with an import gap of $101k.

See methodology.

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