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2022
Exports $101kWorld Rnk 36 / 79
Flag Rnk 1201 / 1216
2022
Destination $69.7k South Korea
2021 - 2022
FASTEST GROWING MARKET $69.7kSouth Korea
2022
PRODUCT COMPLEXITY IN Chromium Ore-2.56Rnk 1021 / 1025
2022
Imports $3.22MWorld Rnk 27 / 111
Flag Rnk 1113 / 1214
2022
Origin $1.43M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $1.43MSouth Africa
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $101k in Chromium Ore, making it the 36th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 1201st most exported product in United Kingdom. The main destination of Chromium Ore exports from United Kingdom are: South Korea ($69.7k), Canada ($12.5k), Germany ($8.31k), United States ($3.95k), and Ireland ($3.47k).

The fastest growing export markets for Chromium Ore of United Kingdom between 2021 and 2022 were South Korea ($69.7k), Canada ($12.5k), and Germany ($8.26k).

Imports In 2022, United Kingdom imported $3.22M in Chromium Ore, becoming the 27th largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 1113th most imported product in United Kingdom. United Kingdom imports Chromium Ore primarily from: South Africa ($2.78M), Germany ($165k), France ($121k), United States ($42.7k), and Netherlands ($40.5k).

The fastest growing import markets in Chromium Ore for United Kingdom between 2021 and 2022 were South Africa ($1.43M), Germany ($110k), and United States ($38.6k).

COMPANIES In 2023, leading companies such as Busa Distribution Center (4) and BOEING (1) were at the forefront of shipping Chromium Ore from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Chromium Ore exports accounted up to £22.8k and imports accounted up to £162k, resulting in a negative trade balance of £139k. Between March 2023 and August 2024 the exports of United Kingdom's   Chromium Ore have decreased by £-6.26k (-21.5%) from £29.1k to £22.8k, while imports decreased by £-93.6k (-36.7%) from £255k to £162k.

Destinations In August 2024, Chromium Ore were exported mostly to South Korea (£22.8k), and were imported mostly from South Africa (£130k) and Netherlands (£32.1k).

Growth In August 2024, the decrease in Chromium Ore's year-by-year exports was explained primarily by a decrease in exports to South Korea (£-4.05k or -26.2%). In August 2024, the decrease in Chromium Ore's year-by-year imports was explained primarily by a decrease in imports from France (£-10.1k or -80.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - August 2024)£-6.26k(-21.5%)
IMPORT GROWTH (August 2023 - August 2024)£-93.6k(-36.7%)
MAIN EXPORTER (August 2024)London Gateway£22.8k
MAIN DESTINATION (August 2024)South Korea£22.8k

This section shows Chromium Ore'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 Chromium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$101k
IMPORTS (2022)$3.22M
NET TRADE (2022)-$3.12M

In 2022, United Kingdom exported $101k in Chromium Ore. The main destinations of United Kingdom exports on Chromium Ore were South Korea ($69.7k), Canada ($12.5k), Germany ($8.31k), United States ($3.95k), and Ireland ($3.47k).

In 2022, United Kingdom imported $3.22M in Chromium Ore, mainly from South Africa ($2.78M), Germany ($165k), France ($121k), United States ($42.7k), and Netherlands ($40.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
South Korea$69.7k (1%)
Canada$12.5k (1%)
Germany$8.26k (16.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY United Kingdom WERE (2021 - 2022):
Turkey-$20.7k (-100%)
Switzerland-$20k (-100%)
Greece-$2.28k (-100%)
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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 Chromium Ore were:
South Africa $2.51B
Turkey $342M
Kazakhstan $146M
In 2022, United Kingdom's main importing competitors in Chromium Ore were:
China $1.8B
Mozambique $916M
Russia $163M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.2k
TOP IMPORT POTENTIALSouth Africa+ $891k

Chromium Ore’s highest export potential is Germany. With an export gap of $11.2k.   Chromium Ore’s highest import potential is South Africa with an import gap of $891k.

See methodology.

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