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2022
Exports $7.2MWorld Rnk 12 / 132
Flag Rnk 903 / 1216
2022
Destination $796k United States
2021 - 2022
FASTEST GROWING MARKET $796kChina
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools0.5Rnk 368 / 1025
2022
Imports $12.8MWorld Rnk 13 / 209
Flag Rnk 979 / 1214
2022
Origin $295k China
2021 - 2022
FASTEST GROWING ORIGIN $295kFrance
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $7.2M in Cooking Hand Tools, making it the 12th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 903rd most exported product in United Kingdom. The main destination of Cooking Hand Tools exports from United Kingdom are: United States ($1.33M), China ($847k), Ireland ($631k), Germany ($532k), and France ($455k).

The fastest growing export markets for Cooking Hand Tools of United Kingdom between 2021 and 2022 were China ($796k), Saint Lucia ($200k), and Chinese Taipei ($79.8k).

Imports In 2022, United Kingdom imported $12.8M in Cooking Hand Tools, becoming the 13th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 979th most imported product in United Kingdom. United Kingdom imports Cooking Hand Tools primarily from: China ($6.13M), France ($1.88M), Germany ($1.41M), Bangladesh ($551k), and Italy ($518k).

The fastest growing import markets in Cooking Hand Tools for United Kingdom between 2021 and 2022 were France ($295k), Bangladesh ($283k), and Japan ($103k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Cooking Hand Tools exports accounted up to £574k and imports accounted up to £2.13M, resulting in a negative trade balance of £1.56M. Between September 2023 and September 2024 the exports of United Kingdom's   Cooking Hand Tools have increased by £234k (68.9%) from £340k to £574k, while imports increased by £182k (9.33%) from £1.95M to £2.13M.

Destinations In September 2024, Cooking Hand Tools were exported mostly to Turkey (£126k), Germany (£85.4k), United States (£76.2k), Ireland (£35.8k), and France (£29.1k), and were imported mostly from China (£1.75M), France (£117k), Netherlands (£64.7k), Bangladesh (£55.7k), and Germany (£41k).

Growth In September 2024, the increase in Cooking Hand Tools's year-by-year exports was explained primarily by an increase in exports to Australia (£69.5k or 1.52k%), United States (£31.9k or 359%), and Ireland (£25.7k or 227%). In September 2024, the increase in Cooking Hand Tools's year-by-year imports was explained primarily by an increase in imports from Germany (£65.4k or 198%), Italy (£11k or 31.9%), and Greece (£3.47k or 84.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£234k(68.9%)
IMPORT GROWTH (September 2023 - September 2024)£182k(9.33%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£256k
MAIN DESTINATION (September 2024)Turkey£126k

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.2M
IMPORTS (2022)$12.8M
NET TRADE (2022)-$5.59M

In 2022, United Kingdom exported $7.2M in Cooking Hand Tools. The main destinations of United Kingdom exports on Cooking Hand Tools were United States ($1.33M), China ($847k), Ireland ($631k), Germany ($532k), and France ($455k).

In 2022, United Kingdom imported $12.8M in Cooking Hand Tools, mainly from China ($6.13M), France ($1.88M), Germany ($1.41M), Bangladesh ($551k), and Italy ($518k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$796k (1.56k%)
Saint Lucia$200k (1%)
Chinese Taipei$79.8k (428%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY United Kingdom WERE (2021 - 2022):
United States-$685k (-33.9%)
Australia-$287k (-55.3%)
Netherlands-$282k (-42.2%)
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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 Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, United Kingdom's main importing competitors in Cooking Hand Tools were:
United States $105M
Germany $48.9M
Canada $22M

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $405k
TOP IMPORT POTENTIALChina+ $632k

Cooking Hand Tools’s highest export potential is United States. With an export gap of $405k.   Cooking Hand Tools’s highest import potential is China with an import gap of $632k.

See methodology.

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