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2022
Exports $432MWorld Rnk 26 / 129
Flag Rnk 162 / 1216
2022
Destination $42.9M Netherlands
2021 - 2022
FASTEST GROWING MARKET $42.9MNetherlands
2022
PRODUCT COMPLEXITY IN Ferroalloys-1.24Rnk 892 / 1025
2022
Imports $428MWorld Rnk 23 / 172
Flag Rnk 290 / 1214
2022
Origin $45.4M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $45.4MBrazil
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $432M in Ferroalloys, making it the 26th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 162nd most exported product in United Kingdom. The main destination of Ferroalloys exports from United Kingdom are: Netherlands ($142M), Spain ($52.4M), Mexico ($36.8M), Germany ($35.2M), and Sweden ($33.8M).

The fastest growing export markets for Ferroalloys of United Kingdom between 2021 and 2022 were Netherlands ($42.9M), Mexico ($16.3M), and Japan ($16.1M).

Imports In 2022, United Kingdom imported $428M in Ferroalloys, becoming the 23rd largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 290th most imported product in United Kingdom. United Kingdom imports Ferroalloys primarily from: Brazil ($87.8M), Norway ($60.1M), Finland ($27.1M), France ($26.2M), and China ($24M).

The fastest growing import markets in Ferroalloys for United Kingdom between 2021 and 2022 were Brazil ($45.4M), Norway ($21.2M), and China ($17.9M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (35) and Amazon (1) were at the forefront of shipping Ferroalloys from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Ferroalloys exports accounted up to £25.8M and imports accounted up to £18.2M, resulting in a positive trade balance of £7.61M. Between September 2023 and September 2024 the exports of United Kingdom's   Ferroalloys have decreased by £-5.09M (-16.5%) from £30.9M to £25.8M, while imports decreased by £-13.6M (-42.7%) from £31.8M to £18.2M.

Destinations In September 2024, Ferroalloys were exported mostly to Netherlands (£6.47M), Spain (£4.89M), Mexico (£4.33M), Sweden (£2.65M), and Germany (£2.38M), and were imported mostly from Netherlands (£9.02M), Brazil (£1.56M), Kazakhstan (£1.28M), Spain (£906k), and Latvia (£901k).

Growth In September 2024, the decrease in Ferroalloys's year-by-year exports was explained primarily by a decrease in exports to United States (£-216k or -88.8%), Turkey (£-134k or -60.7%), and Japan (£-18.1k or -1.59%). In September 2024, the decrease in Ferroalloys's year-by-year imports was explained primarily by a decrease in imports from Norway (£-1.76M or -32.7%), Spain (£-771k or -57.9%), and South Korea (£-221k or -82.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-5.09M(-16.5%)
IMPORT GROWTH (September 2023 - September 2024)£-13.6M(-42.7%)
MAIN EXPORTER (September 2024)Felixstowe£17.2M
MAIN DESTINATION (September 2024)Netherlands£6.47M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$432M
IMPORTS (2022)$428M
NET TRADE (2022)$4.5M

In 2022, United Kingdom exported $432M in Ferroalloys. The main destinations of United Kingdom exports on Ferroalloys were Netherlands ($142M), Spain ($52.4M), Mexico ($36.8M), Germany ($35.2M), and Sweden ($33.8M).

In 2022, United Kingdom imported $428M in Ferroalloys, mainly from Brazil ($87.8M), Norway ($60.1M), Finland ($27.1M), France ($26.2M), and China ($24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$42.9M (43.1%)
Mexico$16.3M (79.7%)
Japan$16.1M (96.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY United Kingdom WERE (2021 - 2022):
Argentina-$8.15M (-38.3%)
Belgium-$2.85M (-67.2%)
Austria-$2.55M (-89.9%)
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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 Ferroalloys were:
Indonesia $13.7B
South Africa $4.4B
Brazil $4.24B
In 2022, United Kingdom's main importing competitors in Ferroalloys were:
China $19.9B
United States $4.85B
Japan $3.5B

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.8M
TOP IMPORT POTENTIALIndia+ $18.1M

Ferroalloys’s highest export potential is Germany. With an export gap of $19.8M.   Ferroalloys’s highest import potential is India with an import gap of $18.1M.

See methodology.

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