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2022
Exports $9.23MWorld Rnk 33 / 130
Flag Rnk 863 / 1216
2022
Destination $741k Ireland
2021 - 2022
FASTEST GROWING MARKET $741kNigeria
2022
PRODUCT COMPLEXITY IN Asbestos Cement Articles-0.19Rnk 614 / 1025
2022
Imports $133MWorld Rnk 3 / 215
Flag Rnk 531 / 1214
2022
Origin $12.2M China
2021 - 2022
FASTEST GROWING ORIGIN $12.2MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $9.23M in Asbestos Cement Articles, making it the 33rd largest exporter of Asbestos Cement Articles in the world. At the same year, Asbestos Cement Articles was the 863rd most exported product in United Kingdom. The main destination of Asbestos Cement Articles exports from United Kingdom are: Ireland ($5.53M), Nigeria ($741k), Ghana ($517k), United Arab Emirates ($457k), and Czechia ($350k).

The fastest growing export markets for Asbestos Cement Articles of United Kingdom between 2021 and 2022 were Nigeria ($741k), Ghana ($517k), and United Arab Emirates ($377k).

Imports In 2022, United Kingdom imported $133M in Asbestos Cement Articles, becoming the 3rd largest importer of Asbestos Cement Articles in the world. At the same year, Asbestos Cement Articles was the 531st most imported product in United Kingdom. United Kingdom imports Asbestos Cement Articles primarily from: China ($26.6M), United States ($17.8M), Belgium ($17.5M), Czechia ($16.9M), and Ireland ($11.9M).

The fastest growing import markets in Asbestos Cement Articles for United Kingdom between 2021 and 2022 were China ($12.2M), Turkey ($1.6M), and Lithuania ($1.39M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Asbestos Cement Articles exports accounted up to £404k and imports accounted up to £9.11M, resulting in a negative trade balance of £8.71M. Between August 2023 and August 2024 the exports of United Kingdom's   Asbestos Cement Articles have decreased by £-299k (-42.6%) from £703k to £404k, while imports decreased by £-696k (-7.09%) from £9.81M to £9.11M.

Destinations In August 2024, Asbestos Cement Articles were exported mostly to Ireland (£266k), Denmark (£49.5k), United States (£29.6k), Germany (£21.5k), and France (£16.3k), and were imported mostly from Netherlands (£1.71M), Ireland (£1.11M), China (£1.02M), United States (£980k), and Canada (£832k).

Growth In August 2024, the decrease in Asbestos Cement Articles's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Asbestos Cement Articles's year-by-year imports was explained primarily by a decrease in imports from China (£-2.78M or -73.1%), India (£-551k or -77.8%), and United States (£-276k or -22.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-299k(-42.6%)
IMPORT GROWTH (August 2023 - August 2024)£-696k(-7.09%)
MAIN EXPORTER (August 2024)Immingham£367k
MAIN DESTINATION (August 2024)Ireland£266k

This section shows Asbestos Cement Articles'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 Asbestos Cement Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.23M
IMPORTS (2022)$133M
NET TRADE (2022)-$124M

In 2022, United Kingdom exported $9.23M in Asbestos Cement Articles. The main destinations of United Kingdom exports on Asbestos Cement Articles were Ireland ($5.53M), Nigeria ($741k), Ghana ($517k), United Arab Emirates ($457k), and Czechia ($350k).

In 2022, United Kingdom imported $133M in Asbestos Cement Articles, mainly from China ($26.6M), United States ($17.8M), Belgium ($17.5M), Czechia ($16.9M), and Ireland ($11.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asbestos Cement Articles EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Nigeria$741k (1%)
Ghana$517k (1%)
United Arab Emirates$377k (476%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos Cement Articles BY United Kingdom WERE (2021 - 2022):
Denmark-$512k (-94.3%)
Netherlands-$286k (-50.7%)
Sri Lanka-$269k (-100%)
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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 Asbestos Cement Articles were:
Thailand $220M
China $205M
United States $195M
In 2022, United Kingdom's main importing competitors in Asbestos Cement Articles were:
Canada $168M
United States $165M

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Trade Value of Asbestos Cement Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $237k
TOP IMPORT POTENTIALGermany+ $1.47M

Asbestos Cement Articles’s highest export potential is France. With an export gap of $237k.   Asbestos Cement Articles’s highest import potential is Germany with an import gap of $1.47M.

See methodology.

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