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2022
Exports $190MWorld Rnk 11 / 148
Flag Rnk 287 / 1216
2022
Destination $20M Netherlands
2021 - 2022
FASTEST GROWING MARKET $20MItaly
2022
PRODUCT COMPLEXITY IN Butter0.015Rnk 543 / 1025
2022
Imports $363MWorld Rnk 8 / 220
Flag Rnk 329 / 1214
2022
Origin $67.7M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $67.7MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

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).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Butter exports accounted up to £17.7M and imports accounted up to £30.6M, resulting in a negative trade balance of £13M. Between August 2023 and August 2024 the exports of United Kingdom's   Butter have increased by £1.59M (9.92%) from £16.1M to £17.7M, while imports increased by £7.22M (30.9%) from £23.4M to £30.6M.

Destinations In August 2024, Butter were exported mostly to Netherlands (£3.86M), Ireland (£3.19M), Belgium (£2.61M), Italy (£2.13M), and France (£1.65M), and were imported mostly from Ireland (£21M), Denmark (£3.31M), France (£2.63M), Netherlands (£1.81M), and Belgium (£930k).

Growth In August 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 August 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 (August 2023 - August 2024)£1.59M(9.92%)
IMPORT GROWTH (August 2023 - August 2024)£7.22M(30.9%)
MAIN EXPORTER (August 2024)Dover£5.73M
MAIN DESTINATION (August 2024)Netherlands£3.86M

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 (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).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Italy$20M (73%)
France$4.24M (28.2%)
Spain$2.77M (98.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY United Kingdom WERE (2021 - 2022):
Belgium-$38.3M (-67.9%)
Germany-$9.11M (-88.4%)
China-$5.46M (-85.5%)
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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 Butter were:
New Zealand $2.78B
Netherlands $2.03B
Ireland $1.46B
In 2022, United Kingdom's main importing competitors in Butter were:
France $1.53B
Netherlands $1.04B
Germany $987M

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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