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2023
Exports $231MWorld Rnk 9 / 146
Flag Rnk 237 / 1216
2023
Destination $21.6M Belgium
2022 - 2023
FASTEST GROWING MARKET $21.6MBelgium
2023
PRODUCT COMPLEXITY IN Butter0.079Rnk 528 / 1025
2023
Imports $300MWorld Rnk 9 / 224
Flag Rnk 344 / 1214
2023
Origin $314k Ireland
2022 - 2023
FASTEST GROWING ORIGIN $314kPortugal
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $231M in Butter, making it the 9th largest exporter of Butter in the world. At the same year, Butter was the 237th most exported product in United Kingdom. The main destination of Butter exports from United Kingdom are: Belgium ($64.6M), France ($42.4M), Netherlands ($30.2M), Italy ($27.5M), and Ireland ($20.2M).

The fastest growing export markets for Butter of United Kingdom between 2022 and 2023 were Belgium ($21.6M), Morocco ($5.28M), and Egypt ($3.86M).

Imports In 2023, United Kingdom imported $300M in Butter, becoming the 9th largest importer of Butter in the world. At the same year, Butter was the 344th most imported product in United Kingdom. United Kingdom imports Butter primarily from: Ireland ($197M), France ($38.4M), Denmark ($28.9M), Netherlands ($19.7M), and Belgium ($9.52M).

The fastest growing import markets in Butter for United Kingdom between 2022 and 2023 were Portugal ($314k), India ($132k), and Germany ($132k).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Butter exports accounted up to £19M and imports accounted up to £34M, resulting in a negative trade balance of £15M. Between November 2023 and November 2024 the exports of United Kingdom's   Butter have increased by £3.06M (19.2%) from £15.9M to £19M, while imports increased by £12.5M (58.5%) from £21.4M to £34M.

Destinations In November 2024, Butter were exported mostly to Italy (£4.37M), Belgium (£4.19M), Netherlands (£3.42M), Ireland (£3.03M), and Spain (£909k), and were imported mostly from Ireland (£21.1M), Denmark (£3.61M), Netherlands (£3.13M), France (£2.99M), and Germany (£1.7M).

Growth In November 2024, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to Belgium (£6.63M or 344%), Ireland (£1.34M or 124%), and France (£698k or 174%). In November 2024, the increase in Butter's year-by-year imports was explained primarily by an increase in imports from Ireland (£33.2M or 803%), Netherlands (£1.37M or 181%), and Denmark (£1.13M or 66.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£3.06M(19.2%)
IMPORT GROWTH (November 2023 - November 2024)£12.5M(58.5%)
MAIN EXPORTER (November 2024)Dover£5.87M
MAIN DESTINATION (November 2024)Italy£4.37M

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
EXPORTS (2023)$231M
IMPORTS (2023)$300M
NET TRADE (2023)-$68.8M

In 2023, United Kingdom exported $231M in Butter. The main destinations of United Kingdom exports on Butter were Belgium ($64.6M), France ($42.4M), Netherlands ($30.2M), Italy ($27.5M), and Ireland ($20.2M).

In 2023, United Kingdom imported $300M in Butter, mainly from Ireland ($197M), France ($38.4M), Denmark ($28.9M), Netherlands ($19.7M), and Belgium ($9.52M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Belgium$21.6M (50.3%)
Morocco$5.28M (396%)
Egypt$3.86M (813%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY United Kingdom WERE (2022 - 2023):
Netherlands-$56.5M (-65.2%)
Italy-$18.5M (-40.2%)
Ireland-$9.42M (-31.8%)
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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 Butter were:
New Zealand $2.54B
Netherlands $1.83B
Ireland $1.52B
In 2023, United Kingdom's main importing competitors in Butter were:
France $1.43B
Germany $899M
Netherlands $840M

Explore Visualizations

Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11M
TOP IMPORT POTENTIALNetherlands+ $13.9M

Butter’s highest export potential is France. With an export gap of $11M.   Butter’s highest import potential is Netherlands with an import gap of $13.9M.

See methodology.

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