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2023
Exports $196MWorld Rnk 10 / 194
Flag Rnk 264 / 1216
2023
Destination $27.5M Ireland
2022 - 2023
FASTEST GROWING MARKET $27.5MIreland
2023
PRODUCT COMPLEXITY IN Essential Oils-1.17Rnk 872 / 1025
2023
Imports $268MWorld Rnk 8 / 217
Flag Rnk 373 / 1214
2023
Origin $10.4M China
2022 - 2023
FASTEST GROWING ORIGIN $10.4MPeru
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $196M in Essential Oils, making it the 10th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 264th most exported product in United Kingdom. The main destination of Essential Oils exports from United Kingdom are: Ireland ($58.7M), France ($26.6M), United States ($16.5M), China ($10.7M), and Japan ($8.05M).

The fastest growing export markets for Essential Oils of United Kingdom between 2022 and 2023 were Ireland ($27.5M), Norway ($5.29M), and France ($4.7M).

Imports In 2023, United Kingdom imported $268M in Essential Oils, becoming the 8th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 373rd most imported product in United Kingdom. United Kingdom imports Essential Oils primarily from: China ($39.7M), United States ($30.2M), Peru ($28.8M), Mexico ($27.7M), and India ($24.4M).

The fastest growing import markets in Essential Oils for United Kingdom between 2022 and 2023 were Peru ($10.4M), Mexico ($8.59M), and China ($4.47M).

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

November 2024

About

Overview In November 2024 United Kingdom's Essential Oils exports accounted up to £15.1M and imports accounted up to £18.4M, resulting in a negative trade balance of £3.36M. Between November 2023 and November 2024 the exports of United Kingdom's   Essential Oils have decreased by £-2.04M (-11.9%) from £17.1M to £15.1M, while imports increased by £582k (3.26%) from £17.8M to £18.4M.

Destinations In November 2024, Essential Oils were exported mostly to Ireland (£3.41M), United States (£2.12M), Germany (£1.82M), Netherlands (£1.27M), and France (£628k), and were imported mostly from United States (£3.9M), France (£2.3M), Brazil (£1.65M), China (£1.57M), and India (£1.28M).

Growth In November 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 November 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 (November 2023 - November 2024)£-2.04M(-11.9%)
IMPORT GROWTH (November 2023 - November 2024)£582k(3.26%)
MAIN EXPORTER (November 2024)Milford£7.35M
MAIN DESTINATION (November 2024)Ireland£3.41M

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 (2023)$196M
IMPORTS (2023)$268M
NET TRADE (2023)-$71.8M

In 2023, United Kingdom exported $196M in Essential Oils. The main destinations of United Kingdom exports on Essential Oils were Ireland ($58.7M), France ($26.6M), United States ($16.5M), China ($10.7M), and Japan ($8.05M).

In 2023, United Kingdom imported $268M in Essential Oils, mainly from China ($39.7M), United States ($30.2M), Peru ($28.8M), Mexico ($27.7M), and India ($24.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$27.5M (88.2%)
Norway$5.29M (1.04k%)
France$4.7M (21.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY United Kingdom WERE (2022 - 2023):
India-$60.2M (-95%)
Thailand-$3.65M (-61.2%)
United States-$2.8M (-14.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Essential Oils were:
United States $743M
India $657M
France $457M
In 2023, United Kingdom's main importing competitors in Essential Oils were:
United States $1.12B
France $430M
Ireland $354M

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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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