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2022
Exports $190MWorld Rnk 10 / 196
Flag Rnk 288 / 1216
2022
Destination $13.5M Ireland
2021 - 2022
FASTEST GROWING MARKET $13.5MIreland
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $278MWorld Rnk 6 / 214
Flag Rnk 376 / 1214
2022
Origin $15.1M United States
2021 - 2022
FASTEST GROWING ORIGIN $15.1MMexico
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $190M in Essential Oils, making it the 10th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 288th most exported product in United Kingdom. The main destination of Essential Oils exports from United Kingdom are: Ireland ($36.2M), United States ($20.5M), France ($19.9M), Germany ($17.9M), and Netherlands ($10.6M).

The fastest growing export markets for Essential Oils of United Kingdom between 2021 and 2022 were Ireland ($13.5M), France ($2.99M), and South Korea ($1.68M).

Imports In 2022, United Kingdom imported $278M in Essential Oils, becoming the 6th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 376th most imported product in United Kingdom. United Kingdom imports Essential Oils primarily from: United States ($37.9M), India ($33.4M), China ($30.5M), France ($27.8M), and Mexico ($19.1M).

The fastest growing import markets in Essential Oils for United Kingdom between 2021 and 2022 were Mexico ($15.1M), Peru ($6.25M), and Germany ($3.08M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (20), Amazon (4), and Loblaws Supermarkets (1) were at the forefront of shipping Essential Oils from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Essential Oils exports accounted up to £13.6M and imports accounted up to £21.3M, resulting in a negative trade balance of £7.71M. Between August 2023 and August 2024 the exports of United Kingdom's   Essential Oils have decreased by £-4.64M (-25.4%) from £18.3M to £13.6M, while imports increased by £6.82M (46.9%) from £14.5M to £21.3M.

Destinations In August 2024, Essential Oils were exported mostly to Ireland (£2.73M), China (£1.71M), Germany (£1.22M), United States (£683k), and Singapore (£626k), and were imported mostly from China (£3.97M), France (£2.96M), United States (£2.01M), Germany (£1.34M), and India (£1.28M).

Growth In August 2024, the decrease in Essential Oils's year-by-year exports was explained primarily by a decrease in exports to South Korea (£-444k or -74.5%), Egypt (£-120k or -96.3%), and Chinese Taipei (£-120k or -68.5%). In August 2024, the increase in Essential Oils's year-by-year imports was explained primarily by an increase in imports from Germany (£679k or 127%), Italy (£487k or 138%), and France (£366k or 11.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-4.64M(-25.4%)
IMPORT GROWTH (August 2023 - August 2024)£6.82M(46.9%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£6.04M
MAIN DESTINATION (August 2024)Ireland£2.73M

This section shows Essential Oils'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 Essential Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$190M
IMPORTS (2022)$278M
NET TRADE (2022)-$87.5M

In 2022, United Kingdom exported $190M in Essential Oils. The main destinations of United Kingdom exports on Essential Oils were Ireland ($36.2M), United States ($20.5M), France ($19.9M), Germany ($17.9M), and Netherlands ($10.6M).

In 2022, United Kingdom imported $278M in Essential Oils, mainly from United States ($37.9M), India ($33.4M), China ($30.5M), France ($27.8M), and Mexico ($19.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$13.5M (59.1%)
France$2.99M (17.6%)
South Korea$1.68M (62.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY United Kingdom WERE (2021 - 2022):
China-$3.03M (-23.4%)
Thailand-$2.95M (-55.4%)
Netherlands-$2.85M (-21.1%)
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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 Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, United Kingdom's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.62M
TOP IMPORT POTENTIALIndia+ $10.1M

Essential Oils’s highest export potential is United States. With an export gap of $8.62M.   Essential Oils’s highest import potential is India with an import gap of $10.1M.

See methodology.

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