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2023
Exports $2.63BWorld Rnk 8 / 218
Flag Rnk 27 / 1216
2023
Destination $222M China
2022 - 2023
FASTEST GROWING MARKET $222MIndia
2023
PRODUCT COMPLEXITY IN Beauty Products0.35Rnk 441 / 1025
2023
Imports $2.69BWorld Rnk 6 / 225
Flag Rnk 49 / 1214
2023
Origin $127MN/A
2022 - 2023
FASTEST GROWING ORIGIN $127MCanada
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $2.63B in Beauty Products, making it the 8th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 27th most exported product in United Kingdom. The main destination of Beauty Products exports from United Kingdom are: China ($511M), India ($347M), Ireland ($287M), United States ($265M), and Netherlands ($147M).

The fastest growing export markets for Beauty Products of United Kingdom between 2022 and 2023 were India ($222M), France ($45.5M), and Ireland ($25.5M).

Imports In 2023, United Kingdom imported $2.69B in Beauty Products, becoming the 6th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 49th most imported product in United Kingdom. United Kingdom imports Beauty Products primarily from: N/A.

The fastest growing import markets in Beauty Products for United Kingdom between 2022 and 2023 were Canada ($127M), China ($56.4M), and France ($37.1M).

COMPANIES In 2024, leading companies such as Walgreens (2) were at the forefront of shipping Beauty Products from United Kingdom to the United States.

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Beauty Products exports accounted up to £113M and imports accounted up to £176M, resulting in a negative trade balance of £62.8M. Between December 2023 and December 2024 the exports of United Kingdom's   Beauty Products have decreased by £-4.18M (-3.56%) from £118M to £113M, while imports increased by £16.8M (10.6%) from £159M to £176M.

Destinations In December 2024, Beauty Products were exported mostly to Ireland (£23.8M), United States (£10.7M), Belgium (£10.4M), Poland (£6.98M), and Netherlands (£6.52M), and were imported mostly from France (£34.9M), United States (£26.9M), China (£23.4M), Poland (£16.7M), and South Korea (£9.79M).

Growth In December 2024, the decrease in Beauty Products's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-3.15M or -15.7%), Spain (£-1.73M or -35.5%), and China (£-1.52M or -33%). In December 2024, the increase in Beauty Products's year-by-year imports was explained primarily by an increase in imports from Canada (£21.9M or 286%), United States (£6.2M or 24.8%), and China (£5.09M or 31.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-4.18M(-3.56%)
IMPORT GROWTH (December 2023 - December 2024)£16.8M(10.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Ireland£23.8M

This section shows Beauty Products'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 Beauty Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.63B
IMPORTS (2023)$2.69B
NET TRADE (2023)-$57.6M

In 2023, United Kingdom exported $2.63B in Beauty Products. The main destinations of United Kingdom exports on Beauty Products were China ($511M), India ($347M), Ireland ($287M), United States ($265M), and Netherlands ($147M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
India$222M (178%)
France$45.5M (107%)
Ireland$25.5M (9.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY United Kingdom WERE (2022 - 2023):
China-$279M (-35.3%)
Switzerland-$20.1M (-44%)
Netherlands-$14.7M (-9.07%)
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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 Beauty Products were:
France $13.1B
South Korea $8.03B
United States $6.86B
In 2023, United Kingdom's main importing competitors in Beauty Products were:
China $10.4B
United States $6.58B
Hong Kong $5.64B

Explore Visualizations

Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $79.6M
TOP IMPORT POTENTIALFrance+ $122M

Beauty Products’s highest export potential is China. With an export gap of $79.6M.   Beauty Products’s highest import potential is France with an import gap of $122M.

See methodology.

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