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2022
Exports $137MWorld Rnk 19 / 145
Flag Rnk 345 / 1216
2022
Destination $6.13M United States
2021 - 2022
FASTEST GROWING MARKET $6.13MNetherlands
2022
PRODUCT COMPLEXITY IN Carboxylic Acids0.82Rnk 239 / 1025
2022
Imports $352MWorld Rnk 13 / 203
Flag Rnk 335 / 1214
2022
Origin $45.8M China
2021 - 2022
FASTEST GROWING ORIGIN $45.8MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $137M in Carboxylic Acids, making it the 19th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 345th most exported product in United Kingdom. The main destination of Carboxylic Acids exports from United Kingdom are: United States ($40.4M), Netherlands ($21.2M), Australia ($15.6M), Canada ($8.35M), and France ($6.68M).

The fastest growing export markets for Carboxylic Acids of United Kingdom between 2021 and 2022 were Netherlands ($6.13M), Israel ($2.46M), and Argentina ($2.23M).

Imports In 2022, United Kingdom imported $352M in Carboxylic Acids, becoming the 13th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 335th most imported product in United Kingdom. United Kingdom imports Carboxylic Acids primarily from: China ($93.8M), Germany ($69.4M), Belgium ($37.9M), Austria ($26.2M), and India ($19M).

The fastest growing import markets in Carboxylic Acids for United Kingdom between 2021 and 2022 were China ($45.8M), Belgium ($22.9M), and India ($14.5M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (3) and Givaudan Fragrances (1) were at the forefront of shipping Carboxylic Acids from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Carboxylic Acids exports accounted up to £3.68M and imports accounted up to £13.9M, resulting in a negative trade balance of £10.3M. Between September 2023 and September 2024 the exports of United Kingdom's   Carboxylic Acids have decreased by £-4.02M (-52.2%) from £7.7M to £3.68M, while imports decreased by £-4.28M (-23.5%) from £18.2M to £13.9M.

Destinations In September 2024, Carboxylic Acids were exported mostly to United States (£815k), Netherlands (£649k), Spain (£555k), France (£289k), and Switzerland (£196k), and were imported mostly from Netherlands (£4.02M), China (£2.82M), Italy (£1.1M), Belgium (£1.02M), and Austria (£923k).

Growth In September 2024, the decrease in Carboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to Australia (£-1.61M or -82.7%), United States (£-1.51M or -37.4%), and Netherlands (£-573k or -39.1%). In September 2024, the decrease in Carboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from China (£-1.96M or -39.1%), India (£-1.79M or -82.2%), and United States (£-993k or -80.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-4.02M(-52.2%)
IMPORT GROWTH (September 2023 - September 2024)£-4.28M(-23.5%)
MAIN EXPORTER (September 2024)Liverpool£2.66M
MAIN DESTINATION (September 2024)United States£815k

This section shows Carboxylic Acids'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 Carboxylic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$137M
IMPORTS (2022)$352M
NET TRADE (2022)-$215M

In 2022, United Kingdom exported $137M in Carboxylic Acids. The main destinations of United Kingdom exports on Carboxylic Acids were United States ($40.4M), Netherlands ($21.2M), Australia ($15.6M), Canada ($8.35M), and France ($6.68M).

In 2022, United Kingdom imported $352M in Carboxylic Acids, mainly from China ($93.8M), Germany ($69.4M), Belgium ($37.9M), Austria ($26.2M), and India ($19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$6.13M (40.7%)
Israel$2.46M (667%)
Argentina$2.23M (77.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY United Kingdom WERE (2021 - 2022):
United States-$10.2M (-20.2%)
Germany-$5.18M (-51.3%)
Singapore-$1.85M (-78%)
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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 Carboxylic Acids were:
China $5.45B
India $776M
Germany $731M
In 2022, United Kingdom's main importing competitors in Carboxylic Acids were:
United States $1.67B
Germany $898M
India $642M

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.51M
TOP IMPORT POTENTIALChina+ $26.9M

Carboxylic Acids’s highest export potential is United States. With an export gap of $7.51M.   Carboxylic Acids’s highest import potential is China with an import gap of $26.9M.

See methodology.

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