Butter in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $190M in Butter, making it the 11th largest exporter of Butter in the world. At the same year, Butter was the 287th most exported product in United Kingdom. The main destination of Butter exports from United Kingdom are: Netherlands ($63.8M), Italy ($47.4M), France ($19.3M), Belgium ($18.1M), and Ireland ($13.2M).

The fastest growing export markets for Butter of United Kingdom between 2021 and 2022 were Italy ($20M), France ($4.24M), and Spain ($2.77M).

Imports In 2022, United Kingdom imported $363M in Butter, becoming the 8th largest importer of Butter in the world. At the same year, Butter was the 329th most imported product in United Kingdom. United Kingdom imports Butter primarily from: Ireland ($235M), France ($41M), Denmark ($33M), Netherlands ($20.2M), and Belgium ($20M).

The fastest growing import markets in Butter for United Kingdom between 2021 and 2022 were Ireland ($67.7M), Belgium ($9.03M), and France ($7.62M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Butter from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Butter exports accounted up to £15.6M and imports accounted up to £19.9M, resulting in a negative trade balance of £4.36M. Between January 2023 and January 2024 the exports of United Kingdom's Butter have decreased by £-5.52M (-26.1%) from £21.1M to £15.6M, while imports decreased by £-25.8M (-56.4%) from £45.8M to £19.9M.

Destinations In January 2024, Butter were exported mostly to Belgium (£4.05M), Netherlands (£2.68M), Italy (£2.47M), Ireland (£1.43M), and Libya (£1.43M), and were imported mostly from Ireland (£10.3M), France (£3.85M), Denmark (£2.82M), Netherlands (£2.13M), and Belgium (£362k).

Growth In January 2024, the decrease in Butter's year-by-year exports was explained primarily by a decrease in exports to United States (£-269k or -88.6%), Germany (£-204k or -51.8%), and Lebanon (£-69.4k or -41.4%). In January 2024, the decrease in Butter's year-by-year imports was explained primarily by a decrease in imports from Poland (£-50.4k or -20%), Lithuania (£-5.45k or -47.2%), and Romania (£-1.87k or -35.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-5.52M(-26.1%)

IMPORT GROWTH (January 2023 - January 2024)£-25.8M(-56.4%)

MAIN EXPORTER (January 2024)Belfast£3.29M

MAIN DESTINATION (January 2024)Belgium£4.05M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$190M

IMPORTS (2022)$363M

NET TRADE (2022)-$172M

In 2022, United Kingdom exported $190M in Butter. The main destinations of United Kingdom exports on Butter were Netherlands ($63.8M), Italy ($47.4M), France ($19.3M), Belgium ($18.1M), and Ireland ($13.2M).

In 2022, United Kingdom imported $363M in Butter, mainly from Ireland ($235M), France ($41M), Denmark ($33M), Netherlands ($20.2M), and Belgium ($20M).

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