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2022
Exports $346MWorld Rnk 11 / 186
Flag Rnk 186 / 1216
2022
Destination $9.2M Germany
2021 - 2022
FASTEST GROWING MARKET $9.2MFrance
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts-0.5Rnk 703 / 1025
2022
Imports $467MWorld Rnk 4 / 221
Flag Rnk 273 / 1214
2022
Origin $24.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $24.3MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $346M in Coffee and Tea Extracts, making it the 11th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 186th most exported product in United Kingdom. The main destination of Coffee and Tea Extracts exports from United Kingdom are: Germany ($60.3M), France ($43.6M), Ireland ($39.3M), Netherlands ($28.3M), and Czechia ($24.1M).

The fastest growing export markets for Coffee and Tea Extracts of United Kingdom between 2021 and 2022 were France ($9.2M), Netherlands ($7.68M), and Ireland ($4.89M).

Imports In 2022, United Kingdom imported $467M in Coffee and Tea Extracts, becoming the 4th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 273rd most imported product in United Kingdom. United Kingdom imports Coffee and Tea Extracts primarily from: Germany ($136M), Spain ($83.1M), Netherlands ($50.6M), France ($47.4M), and Poland ($33M).

The fastest growing import markets in Coffee and Tea Extracts for United Kingdom between 2021 and 2022 were Netherlands ($24.3M), Germany ($16.8M), and Spain ($14.2M).

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Coffee and Tea Extracts exports accounted up to £22.9M and imports accounted up to £49.9M, resulting in a negative trade balance of £27M. Between October 2023 and October 2024 the exports of United Kingdom's   Coffee and Tea Extracts have decreased by £-7.27M (-24.1%) from £30.1M to £22.9M, while imports increased by £11.4M (29.7%) from £38.5M to £49.9M.

Destinations In October 2024, Coffee and Tea Extracts were exported mostly to Ireland (£4.15M), Germany (£3.08M), Netherlands (£2.3M), France (£2.04M), and Greece (£1.01M), and were imported mostly from Netherlands (£15.4M), Spain (£8.4M), Germany (£7.85M), Poland (£2.93M), and France (£2.79M).

Growth In October 2024, the decrease in Coffee and Tea Extracts's year-by-year exports was explained primarily by a decrease in exports to Switzerland (£-579k or -80.7%), Chile (£-530k or -81.1%), and Spain (£-431k or -57.4%). In October 2024, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from Germany (£2.5M or 55.6%), India (£1.53M or 15k%), and Czechia (£1.46M or 260%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)£-7.27M(-24.1%)
IMPORT GROWTH (October 2023 - October 2024)£11.4M(29.7%)
MAIN EXPORTER (October 2024)Dover Eurotunnel£12M
MAIN DESTINATION (October 2024)Ireland£4.15M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$346M
IMPORTS (2022)$467M
NET TRADE (2022)-$122M

In 2022, United Kingdom exported $346M in Coffee and Tea Extracts. The main destinations of United Kingdom exports on Coffee and Tea Extracts were Germany ($60.3M), France ($43.6M), Ireland ($39.3M), Netherlands ($28.3M), and Czechia ($24.1M).

In 2022, United Kingdom imported $467M in Coffee and Tea Extracts, mainly from Germany ($136M), Spain ($83.1M), Netherlands ($50.6M), France ($47.4M), and Poland ($33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$9.2M (26.8%)
Netherlands$7.68M (37.2%)
Ireland$4.89M (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY United Kingdom WERE (2021 - 2022):
Russia-$13.8M (-86%)
Czechia-$5.55M (-18.7%)
Spain-$3.12M (-31.9%)
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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 Coffee and Tea Extracts were:
Germany $992M
Brazil $722M
Spain $609M
In 2022, United Kingdom's main importing competitors in Coffee and Tea Extracts were:
United States $945M
Germany $594M
Philippines $539M

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.38M
TOP IMPORT POTENTIALIndia+ $8.82M

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $5.38M.   Coffee and Tea Extracts’s highest import potential is India with an import gap of $8.82M.

See methodology.

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