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2022
Exports $5.91BWorld Rnk 12 / 222
Flag Rnk 14 / 96
2022
Destination $43.8M Netherlands
2021 - 2022
FASTEST GROWING MARKET $43.8MHungary
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.1.97Rnk 6 / 1025
2022
Imports $6.4BWorld Rnk 13 / 226
Flag Rnk 22 / 96
2022
Origin $1.31B China
2021 - 2022
FASTEST GROWING ORIGIN $1.31BChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $5.91B in Chemical products n.e.s., making it the 12th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 14th most exported product in United Kingdom. The main destination of Chemical products n.e.s. exports from United Kingdom are: Netherlands ($1.04B), Germany ($469M), France ($429M), United States ($426M), and Belgium ($263M).

The fastest growing export markets for Chemical products n.e.s. of United Kingdom between 2021 and 2022 were Hungary ($43.8M), South Korea ($19.3M), and Argentina ($15.6M).

Imports In 2022, United Kingdom imported $6.4B in Chemical products n.e.s., becoming the 13th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 22nd most imported product in United Kingdom. United Kingdom imports Chemical products n.e.s. primarily from: China ($1.72B), France ($829M), Netherlands ($716M), Germany ($690M), and United States ($503M).

The fastest growing import markets in Chemical products n.e.s. for United Kingdom between 2021 and 2022 were China ($1.31B), Malaysia ($75.4M), and France ($54.1M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (10), Parker (8), and Amazon (5) were at the forefront of shipping Chemical products n.e.s. from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Chemical products n.e.s. exports accounted up to £469M and imports accounted up to £434M, resulting in a positive trade balance of £35M. Between June 2023 and June 2024 the exports of United Kingdom's   Chemical products n.e.s. have increased by £1.04M (0.22%) from £468M to £469M, while imports decreased by £-97.6M (-18.4%) from £531M to £434M.

Destinations In June 2024, Chemical products n.e.s. were exported mostly to United States (£87.6M), Netherlands (£51.4M), Germany (£44.3M), France (£34M), and China (£33.5M), and were imported mostly from Netherlands (£94.1M), Germany (£77.8M), France (£63.2M), United States (£47.4M), and Ireland (£33.6M).

Growth In June 2024, the increase in Chemical products n.e.s.'s year-by-year exports was explained primarily by an increase in exports to Netherlands (£19.6M or 27.3%), France (£12.9M or 63%), and Germany (£10.9M or 28.6%). In June 2024, the decrease in Chemical products n.e.s.'s year-by-year imports was explained primarily by a decrease in imports from China (£-528M or -97.2%), Malaysia (£-30.1M or -96.3%), and United States (£-19.3M or -28.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£1.04M(0.22%)
IMPORT GROWTH (June 2023 - June 2024)£-97.6M(-18.4%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£108M
MAIN DESTINATION (June 2024)United States£87.6M

This section shows Chemical products n.e.s.'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 Chemical products n.e.s. over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.91B
IMPORTS (2022)$6.4B
NET TRADE (2022)-$497M

In 2022, United Kingdom exported $5.91B in Chemical products n.e.s.. The main destinations of United Kingdom exports on Chemical products n.e.s. were Netherlands ($1.04B), Germany ($469M), France ($429M), United States ($426M), and Belgium ($263M).

In 2022, United Kingdom imported $6.4B in Chemical products n.e.s., mainly from China ($1.72B), France ($829M), Netherlands ($716M), Germany ($690M), and United States ($503M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Hungary$43.8M (76.8%)
South Korea$19.3M (16.6%)
Argentina$15.6M (57.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY United Kingdom WERE (2021 - 2022):
United States-$889M (-67.6%)
Germany-$579M (-55.3%)
China-$186M (-46.3%)
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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 Chemical products n.e.s. were:
China $42.1B
United States $30.3B
Germany $26.5B
In 2022, United Kingdom's main importing competitors in Chemical products n.e.s. were:
United States $17.8B
Germany $17.8B
Netherlands $16.9B

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $253M
TOP IMPORT POTENTIALGermany+ $276M

Chemical products n.e.s.’s highest export potential is Germany. With an export gap of $253M.   Chemical products n.e.s.’s highest import potential is Germany with an import gap of $276M.

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