2023
Exports
$1.39BWorld Rnk 12 / 208
Flag Rnk 52 / 1216
2023
PRODUCT COMPLEXITY IN Baked Goods
-0.25Rnk 632 / 1025
2023
Imports
$4.24BWorld Rnk 2 / 226
Flag Rnk 25 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $1.39B in Baked Goods, making it the 12th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 52nd most exported product in United Kingdom. The main destination of Baked Goods exports from United Kingdom are: Ireland ($422M), France ($178M), United States ($113M), Netherlands ($101M), and Australia ($68.6M).

The fastest growing export markets for Baked Goods of United Kingdom between 2022 and 2023 were Ireland ($84.7M), Netherlands ($11.7M), and France ($11M).

Imports In 2023, United Kingdom imported $4.24B in Baked Goods, becoming the 2nd largest importer of Baked Goods in the world. At the same year, Baked Goods was the 25th most imported product in United Kingdom. United Kingdom imports Baked Goods primarily from: Germany ($685M), France ($620M), Ireland ($492M), Poland ($445M), and Netherlands ($374M).

The fastest growing import markets in Baked Goods for United Kingdom between 2022 and 2023 were Germany ($133M), France ($118M), and Poland ($96.4M).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (2) and Goya Foods (1) were at the forefront of shipping Baked Goods from United Kingdom to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£6.73M(6.93%)
IMPORT GROWTH (November 2023 - November 2024)£12.9M(3.96%)
MAIN EXPORTER (November 2024)Liverpool£25.5M
MAIN DESTINATION (November 2024)Ireland£41.9M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.39B
IMPORTS (2023)$4.24B
NET TRADE (2023)-$2.85B

In 2023, United Kingdom exported $1.39B in Baked Goods. The main destinations of United Kingdom exports on Baked Goods were Ireland ($422M), France ($178M), United States ($113M), Netherlands ($101M), and Australia ($68.6M).

In 2023, United Kingdom imported $4.24B in Baked Goods, mainly from Germany ($685M), France ($620M), Ireland ($492M), Poland ($445M), and Netherlands ($374M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$84.7M (25.1%)
Netherlands$11.7M (13.1%)
France$11M (6.56%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY United Kingdom WERE (2022 - 2023):
Japan-$7.13M (-37.4%)
Australia-$6.52M (-8.68%)
Qatar-$4.27M (-25.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Baked Goods were:
Germany $5.89B
Canada $5.28B
Italy $4.02B
In 2023, United Kingdom's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $61M
TOP IMPORT POTENTIALGermany+ $62M

Baked Goods’s highest export potential is United States. With an export gap of $61M.   Baked Goods’s highest import potential is Germany with an import gap of $62M.

See methodology.

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