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2022
Exports $342MWorld Rnk 16 / 166
Flag Rnk 187 / 1216
2022
Destination $31.9M Netherlands
2021 - 2022
FASTEST GROWING MARKET $31.9MUnited States
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $262MWorld Rnk 29 / 224
Flag Rnk 390 / 1214
2022
Origin $19.4M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $19.4MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $342M in Concentrated Milk, making it the 16th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 187th most exported product in United Kingdom. The main destination of Concentrated Milk exports from United Kingdom are: Netherlands ($80.8M), United States ($33M), Egypt ($23.5M), Ireland ($16.4M), and Algeria ($14.1M).

The fastest growing export markets for Concentrated Milk of United Kingdom between 2021 and 2022 were United States ($31.9M), Morocco ($10.6M), and Peru ($10.1M).

Imports In 2022, United Kingdom imported $262M in Concentrated Milk, becoming the 29th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 390th most imported product in United Kingdom. United Kingdom imports Concentrated Milk primarily from: Ireland ($82.8M), Netherlands ($52.4M), Belgium ($49.8M), France ($33M), and Germany ($28.2M).

The fastest growing import markets in Concentrated Milk for United Kingdom between 2021 and 2022 were Ireland ($19.4M), Belgium ($17.4M), and Netherlands ($7.93M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Concentrated Milk exports accounted up to £12.9M and imports accounted up to £17.8M, resulting in a negative trade balance of £4.84M. Between September 2023 and September 2024 the exports of United Kingdom's   Concentrated Milk have decreased by £-15.1M (-53.9%) from £28M to £12.9M, while imports increased by £1.65M (10.2%) from £16.1M to £17.8M.

Destinations In September 2024, Concentrated Milk were exported mostly to Netherlands (£3.03M), Egypt (£1.7M), Pakistan (£1.11M), Belgium (£864k), and Saudi Arabia (£672k), and were imported mostly from Netherlands (£4.76M), Belgium (£3.81M), Germany (£3.35M), Ireland (£2.57M), and Spain (£1.19M).

Growth In September 2024, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to Algeria (£-1.43M or -77.3%), Netherlands (£-1.42M or -32.3%), and Qatar (£-312k or -99.1%). In September 2024, the increase in Concentrated Milk's year-by-year imports was explained primarily by an increase in imports from Ireland (£8.22M or 1.08k%), Netherlands (£1.76M or 53.8%), and Belgium (£1.07M or 47.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-15.1M(-53.9%)
IMPORT GROWTH (September 2023 - September 2024)£1.65M(10.2%)
MAIN EXPORTER (September 2024)Belfast£6.79M
MAIN DESTINATION (September 2024)Netherlands£3.03M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$342M
IMPORTS (2022)$262M
NET TRADE (2022)$79.7M

In 2022, United Kingdom exported $342M in Concentrated Milk. The main destinations of United Kingdom exports on Concentrated Milk were Netherlands ($80.8M), United States ($33M), Egypt ($23.5M), Ireland ($16.4M), and Algeria ($14.1M).

In 2022, United Kingdom imported $262M in Concentrated Milk, mainly from Ireland ($82.8M), Netherlands ($52.4M), Belgium ($49.8M), France ($33M), and Germany ($28.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$31.9M (2.76k%)
Morocco$10.6M (1%)
Peru$10.1M (485%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY United Kingdom WERE (2021 - 2022):
China-$27.4M (-90.6%)
Ireland-$12.8M (-43.8%)
Algeria-$11.1M (-44.1%)
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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 Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, United Kingdom's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.92M
TOP IMPORT POTENTIALGermany+ $13.7M

Concentrated Milk’s highest export potential is France. With an export gap of $7.92M.   Concentrated Milk’s highest import potential is Germany with an import gap of $13.7M.

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