Concentrated Milk in United Kingdom | The Observatory of Economic Complexity

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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

March 2024

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Overview In March 2024 United Kingdom's Concentrated Milk exports accounted up to £13.1M and imports accounted up to £12M, resulting in a positive trade balance of £1.13M. Between March 2023 and March 2024 the exports of United Kingdom's Concentrated Milk have decreased by £-35.8M (-73.2%) from £48.9M to £13.1M, while imports decreased by £-10.3M (-46.3%) from £22.3M to £12M.

Destinations In March 2024, Concentrated Milk were exported mostly to Netherlands (£3.11M), Ireland (£1.56M), Egypt (£1.41M), Belgium (£1.26M), and Morocco (£727k), and were imported mostly from Belgium (£2.65M), Netherlands (£2.64M), Ireland (£2.25M), Germany (£2.2M), and France (£988k).

Growth In March 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 March 2024, the decrease in Concentrated Milk's year-by-year imports was explained primarily by a decrease in imports from Germany (£-208k or -10.5%) and Poland (£-49.7k or -48.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)£-35.8M(-73.2%)

IMPORT GROWTH (March 2023 - March 2024)£-10.3M(-46.3%)

MAIN EXPORTER (March 2024)Belfast£2.62M

MAIN DESTINATION (March 2024)Netherlands£3.11M

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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