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2018
Exports $592MWorld Rnk 15 / 126
Flag Rnk 116 / 1216
2018
Destination $98.9M Netherlands
2022 - 2023
FASTEST GROWING MARKET $98.9MNetherlands
2023
PRODUCT COMPLEXITY IN Ferroalloys-1.33Rnk 905 / 1025
2018
Imports $420MWorld Rnk 19 / 171
Flag Rnk 276 / 1214
2018
Origin $48.6M Brazil
2022 - 2023
FASTEST GROWING ORIGIN $48.6MBrazil
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2018, United Kingdom exported $592M in Ferroalloys, making it the 15th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 116th most exported product in United Kingdom. The main destination of Ferroalloys exports from United Kingdom are: Netherlands ($250M), Mexico ($86.5M), Spain ($57.9M), Germany ($54.2M), and Sweden ($41.6M).

The fastest growing export markets for Ferroalloys of United Kingdom between 2022 and 2023 were Netherlands ($98.9M), Mexico ($49.7M), and Germany ($23.2M).

Imports In 2023, United Kingdom imported $420M in Ferroalloys, becoming the 19th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 276th most imported product in United Kingdom. United Kingdom imports Ferroalloys primarily from: Brazil ($112M), Norway ($51.9M), China ($29.9M), South Africa ($26.4M), and France ($17M).

The fastest growing import markets in Ferroalloys for United Kingdom between 2022 and 2023 were Brazil ($48.6M), South Africa ($23.2M), and China ($8.39M).

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

November 2024

About

Overview In November 2024 United Kingdom's Ferroalloys exports accounted up to £17.3M and imports accounted up to £18.9M, resulting in a negative trade balance of £1.57M. Between November 2023 and November 2024 the exports of United Kingdom's   Ferroalloys have decreased by £-10.9M (-38.6%) from £28.3M to £17.3M, while imports increased by £2.12M (12.6%) from £16.8M to £18.9M.

Destinations In November 2024, Ferroalloys were exported mostly to Netherlands (£4.11M), Spain (£3.52M), Sweden (£2.62M), Mexico (£1.67M), and Germany (£1.26M), and were imported mostly from Netherlands (£9.61M), Brazil (£2.89M), Sweden (£1.1M), China (£988k), and Kazakhstan (£805k).

Growth In November 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 November 2024, the increase in Ferroalloys's year-by-year imports was explained primarily by an increase in imports from Netherlands (£3.63M or 135%), Belgium (£1.8M or 81.3k%), and France (£717k or 466%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-10.9M(-38.6%)
IMPORT GROWTH (November 2023 - November 2024)£2.12M(12.6%)
MAIN EXPORTER (November 2024)Felixstowe£17.2M
MAIN DESTINATION (November 2024)Netherlands£4.11M

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 (2023)$592M
IMPORTS (2023)$420M
NET TRADE (2023)$172M

In 2023, United Kingdom exported $592M in Ferroalloys. The main destinations of United Kingdom exports on Ferroalloys were Netherlands ($250M), Mexico ($86.5M), Spain ($57.9M), Germany ($54.2M), and Sweden ($41.6M).

In 2023, United Kingdom imported $420M in Ferroalloys, mainly from Brazil ($112M), Norway ($51.9M), China ($29.9M), South Africa ($26.4M), and France ($17M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Netherlands$98.9M (65.3%)
Mexico$49.7M (135%)
Germany$23.2M (74.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY United Kingdom WERE (2022 - 2023):
Japan-$23.7M (-55.5%)
Argentina-$14.2M (-86.8%)
South Korea-$2.96M (-38.7%)
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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 Ferroalloys were:
Indonesia $14.8B
South Africa $5.33B
Brazil $4.25B
In 2023, United Kingdom's main importing competitors in Ferroalloys were:
China $21.1B
United States $2.99B
Netherlands $2.49B

Explore Visualizations

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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