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2022
Exports $20.4MWorld Rnk 19 / 131
Flag Rnk 733 / 1216
2022
Destination $2.01M Ireland
2021 - 2022
FASTEST GROWING MARKET $2.01MIreland
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.14Rnk 867 / 1025
2022
Imports $388MWorld Rnk 1 / 210
Flag Rnk 310 / 1214
2022
Origin $344M Japan
2021 - 2022
FASTEST GROWING ORIGIN $344MJapan
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $20.4M in Asphalt Mixtures, making it the 19th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 733rd most exported product in United Kingdom. The main destination of Asphalt Mixtures exports from United Kingdom are: Ireland ($4.73M), Germany ($2.14M), France ($2.1M), Japan ($2.06M), and Australia ($1.43M).

The fastest growing export markets for Asphalt Mixtures of United Kingdom between 2021 and 2022 were Ireland ($2.01M), Australia ($1.08M), and Japan ($723k).

Imports In 2022, United Kingdom imported $388M in Asphalt Mixtures, becoming the 1st largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 310th most imported product in United Kingdom. United Kingdom imports Asphalt Mixtures primarily from: Japan ($344M), Ireland ($20.5M), Netherlands ($9.16M), Austria ($4.87M), and United States ($2.07M).

The fastest growing import markets in Asphalt Mixtures for United Kingdom between 2021 and 2022 were Japan ($344M), Ireland ($18.4M), and France ($1.09M).

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Asphalt Mixtures exports accounted up to £1.31M and imports accounted up to £6.46M, resulting in a negative trade balance of £5.15M. Between July 2023 and July 2024 the exports of United Kingdom's   Asphalt Mixtures have decreased by £-485k (-27%) from £1.8M to £1.31M, while imports increased by £4.38M (210%) from £2.09M to £6.46M.

Destinations In July 2024, Asphalt Mixtures were exported mostly to Ireland (£493k), Japan (£287k), France (£148k), Switzerland (£49.1k), and Turkey (£48.5k), and were imported mostly from Belgium (£4.48M), Ireland (£1.36M), Netherlands (£244k), Austria (£151k), and United States (£110k).

Growth In July 2024, the decrease in Asphalt Mixtures's year-by-year exports was explained primarily by a decrease in exports to China (£-320k or -68.1%), Japan (£-142k or -81.9%), and Hong Kong (£-17k or -38.7%). In July 2024, the increase in Asphalt Mixtures's year-by-year imports was explained primarily by an increase in imports from Austria (£289k or 116%), France (£91.2k or 154%), and Belgium (£82k or 108%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-485k(-27%)
IMPORT GROWTH (July 2023 - July 2024)£4.38M(210%)
MAIN EXPORTER (July 2024)Felixstowe£510k
MAIN DESTINATION (July 2024)Ireland£493k

This section shows Asphalt Mixtures'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 Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.4M
IMPORTS (2022)$388M
NET TRADE (2022)-$368M

In 2022, United Kingdom exported $20.4M in Asphalt Mixtures. The main destinations of United Kingdom exports on Asphalt Mixtures were Ireland ($4.73M), Germany ($2.14M), France ($2.1M), Japan ($2.06M), and Australia ($1.43M).

In 2022, United Kingdom imported $388M in Asphalt Mixtures, mainly from Japan ($344M), Ireland ($20.5M), Netherlands ($9.16M), Austria ($4.87M), and United States ($2.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$2.01M (73.8%)
Australia$1.08M (307%)
Japan$723k (54.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY United Kingdom WERE (2021 - 2022):
Netherlands-$1.17M (-70.5%)
Russia-$767k (-100%)
Falkland Islands-$320k (-94.2%)
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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 Asphalt Mixtures were:
Japan $836M
Canada $150M
United States $136M
In 2022, United Kingdom's main importing competitors in Asphalt Mixtures were:
China $206M
Malaysia $199M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $915k
TOP IMPORT POTENTIALBelgium+ $2.33M

Asphalt Mixtures’s highest export potential is China. With an export gap of $915k.   Asphalt Mixtures’s highest import potential is Belgium with an import gap of $2.33M.

See methodology.

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