2022
Exports
$45.6MWorld Rnk 23 / 152
Flag Rnk 570 / 1216
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$452MWorld Rnk 2 / 219
Flag Rnk 278 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $45.6M in Fermented Milk Products, making it the 23rd largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 570th most exported product in United Kingdom. The main destination of Fermented Milk Products exports from United Kingdom are: Ireland ($7.54M), Qatar ($4.93M), Philippines ($4.63M), Hong Kong ($3.81M), and Saudi Arabia ($3.71M).

The fastest growing export markets for Fermented Milk Products of United Kingdom between 2021 and 2022 were Qatar ($3.62M), Philippines ($3M), and Saudi Arabia ($2.39M).

Imports In 2022, United Kingdom imported $452M in Fermented Milk Products, becoming the 2nd largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 278th most imported product in United Kingdom. United Kingdom imports Fermented Milk Products primarily from: France ($130M), Germany ($91.4M), Belgium ($80.5M), Greece ($67.1M), and Poland ($22.8M).

The fastest growing import markets in Fermented Milk Products for United Kingdom between 2021 and 2022 were Spain ($5.92M), Netherlands ($5.57M), and Switzerland ($441k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£5.16M(166%)
IMPORT GROWTH (September 2023 - September 2024)£14.2M(48.5%)
MAIN EXPORTER (September 2024)Liverpool£4.24M
MAIN DESTINATION (September 2024)Ireland£5.37M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.6M
IMPORTS (2022)$452M
NET TRADE (2022)-$407M

In 2022, United Kingdom exported $45.6M in Fermented Milk Products. The main destinations of United Kingdom exports on Fermented Milk Products were Ireland ($7.54M), Qatar ($4.93M), Philippines ($4.63M), Hong Kong ($3.81M), and Saudi Arabia ($3.71M).

In 2022, United Kingdom imported $452M in Fermented Milk Products, mainly from France ($130M), Germany ($91.4M), Belgium ($80.5M), Greece ($67.1M), and Poland ($22.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Qatar$3.62M (276%)
Philippines$3M (185%)
Saudi Arabia$2.39M (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY United Kingdom WERE (2021 - 2022):
Ireland-$21.9M (-74.4%)
France-$3.11M (-50.1%)
Netherlands-$1.22M (-31.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Fermented Milk Products were:
In 2022, United Kingdom's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.71M
TOP IMPORT POTENTIALGermany+ $5.52M

Fermented Milk Products’s highest export potential is France. With an export gap of $1.71M.   Fermented Milk Products’s highest import potential is Germany with an import gap of $5.52M.

See methodology.

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