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2022
Exports $98.7MWorld Rnk 22 / 207
Flag Rnk 409 / 1216
falsefalse Germany
2021 - 2022
FASTEST GROWING MARKETfalseUnited Kingdom
2022
PRODUCT COMPLEXITY IN Felt or Coated Fabric Garments-1.16Rnk 873 / 1025
2022
Imports $599MWorld Rnk 5 / 221
Flag Rnk 214 / 1214
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $98.7M in Felt or Coated Fabric Garments, making it the 22nd largest exporter of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 409th most exported product in United Kingdom. The main destination of Felt or Coated Fabric Garments exports from United Kingdom are: Germany ($12.9M), United States ($7.5M), Netherlands ($7.37M), Saudi Arabia ($7.02M), and United Kingdom ($6.08M).

The fastest growing export markets for Felt or Coated Fabric Garments of United Kingdom between 2021 and 2022 were United Kingdom ($5.56M), Rwanda ($999k), and Belgium ($479k).

Imports In 2022, United Kingdom imported $599M in Felt or Coated Fabric Garments, becoming the 5th largest importer of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 214th most imported product in United Kingdom. United Kingdom imports Felt or Coated Fabric Garments primarily from: China ($238M), France ($51.3M), Italy ($37M), Burma ($33.1M), and Vietnam ($31.2M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Felt or Coated Fabric Garments exports accounted up to £6M and imports accounted up to £25.1M, resulting in a negative trade balance of £19.1M. Between June 2023 and June 2024 the exports of United Kingdom's   Felt or Coated Fabric Garments have decreased by £-2.85M (-32.2%) from £8.85M to £6M, while imports increased by £151k (0.61%) from £24.9M to £25.1M.

Destinations In June 2024, Felt or Coated Fabric Garments were exported mostly to Netherlands (£1.51M), United States (£586k), Germany (£558k), Vietnam (£411k), and Australia (£327k), and were imported mostly from Hong Kong (£5.97M), China (£5.27M), Italy (£1.79M), Netherlands (£1.4M), and Saudi Arabia (£1.01M).

Growth In June 2024, the decrease in Felt or Coated Fabric Garments's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (£-1.71M or -97.9%), Kuwait (£-519k or -91.5%), and United States (£-303k or -42.6%). In June 2024, the increase in Felt or Coated Fabric Garments's year-by-year imports was explained primarily by an increase in imports from Germany (£1.16M or 70.5%), Saudi Arabia (£1.07M or 8.83k%), and Sweden (£748k or 268%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-2.85M(-32.2%)
IMPORT GROWTH (June 2023 - June 2024)£151k(0.61%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£2.32M
MAIN DESTINATION (June 2024)Netherlands£1.51M

This section shows Felt or Coated Fabric Garments'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 Felt or Coated Fabric Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$98.7M
IMPORTS (2022)$599M
NET TRADE (2022)-$501M

In 2022, United Kingdom exported $98.7M in Felt or Coated Fabric Garments. The main destinations of United Kingdom exports on Felt or Coated Fabric Garments were Germany ($12.9M), United States ($7.5M), Netherlands ($7.37M), Saudi Arabia ($7.02M), and United Kingdom ($6.08M).

In 2022, United Kingdom imported $599M in Felt or Coated Fabric Garments, mainly from China ($238M), France ($51.3M), Italy ($37M), Burma ($33.1M), and Vietnam ($31.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt or Coated Fabric Garments EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$5.56M (1.07k%)
Rwanda$999k (6.82k%)
Belgium$479k (16.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt or Coated Fabric Garments BY United Kingdom WERE (2021 - 2022):
Saudi Arabia-$20.9M (-74.9%)
Kuwait-$8.07M (-80.8%)
Russia-$7.28M (-92.4%)
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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 Felt or Coated Fabric Garments were:
China $4.89B
Vietnam $1.3B
Bangladesh $776M
In 2022, United Kingdom's main importing competitors in Felt or Coated Fabric Garments were:
United States $2.39B
Germany $1.33B
France $730M

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Trade Value of Felt or Coated Fabric Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.97M
TOP IMPORT POTENTIALBangladesh+ $13.6M

Felt or Coated Fabric Garments’s highest export potential is United States. With an export gap of $6.97M.   Felt or Coated Fabric Garments’s highest import potential is Bangladesh with an import gap of $13.6M.

See methodology.

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