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2022
Exports $46.8MWorld Rnk 8 / 153
Flag Rnk 567 / 1216
2022
Destination $3.06M United States
2021 - 2022
FASTEST GROWING MARKET $3.06MUnited States
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $28.9MWorld Rnk 15 / 211
Flag Rnk 853 / 1214
2022
Origin $4.06M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.06MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $46.8M in Friction Material, making it the 8th largest exporter of Friction Material in the world. At the same year, Friction Material was the 567th most exported product in United Kingdom. The main destination of Friction Material exports from United Kingdom are: United States ($21.1M), France ($4.74M), Qatar ($4.38M), India ($2.36M), and Germany ($2.22M).

The fastest growing export markets for Friction Material of United Kingdom between 2021 and 2022 were United States ($3.06M), India ($1.48M), and France ($1.08M).

Imports In 2022, United Kingdom imported $28.9M in Friction Material, becoming the 15th largest importer of Friction Material in the world. At the same year, Friction Material was the 853rd most imported product in United Kingdom. United Kingdom imports Friction Material primarily from: Germany ($9.63M), United States ($7.65M), France ($3.76M), China ($1.56M), and Hungary ($1.43M).

The fastest growing import markets in Friction Material for United Kingdom between 2021 and 2022 were United States ($4.06M), Japan ($439k), and South Korea ($145k).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Friction Material exports accounted up to £4.82M and imports accounted up to £2.6M, resulting in a positive trade balance of £2.22M. Between September 2023 and September 2024 the exports of United Kingdom's   Friction Material have decreased by £-2.83M (-37%) from £7.65M to £4.82M, while imports decreased by £-1.42M (-35.4%) from £4.02M to £2.6M.

Destinations In September 2024, Friction Material were exported mostly to United States (£3.12M), France (£278k), Germany (£217k), Australia (£195k), and Brazil (£159k), and were imported mostly from United States (£770k), France (£627k), Germany (£459k), China (£159k), and Belgium (£145k).

Growth In September 2024, the decrease in Friction Material's year-by-year exports was explained primarily by a decrease in exports to France (£-152k or -79.8%), China (£-48.7k or -96.1%), and Ireland (£-32.2k or -51.5%). In September 2024, the decrease in Friction Material's year-by-year imports was explained primarily by a decrease in imports from Hungary (£-166k or -98.4%), China (£-105k or -55%), and India (£-52.2k or -58.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-2.83M(-37%)
IMPORT GROWTH (September 2023 - September 2024)£-1.42M(-35.4%)
MAIN EXPORTER (September 2024)Felixstowe£2.59M
MAIN DESTINATION (September 2024)United States£3.12M

This section shows Friction Material'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 Friction Material over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.8M
IMPORTS (2022)$28.9M
NET TRADE (2022)$17.9M

In 2022, United Kingdom exported $46.8M in Friction Material. The main destinations of United Kingdom exports on Friction Material were United States ($21.1M), France ($4.74M), Qatar ($4.38M), India ($2.36M), and Germany ($2.22M).

In 2022, United Kingdom imported $28.9M in Friction Material, mainly from Germany ($9.63M), United States ($7.65M), France ($3.76M), China ($1.56M), and Hungary ($1.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$3.06M (17%)
India$1.48M (168%)
France$1.08M (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY United Kingdom WERE (2021 - 2022):
Qatar-$2.52M (-36.5%)
Ireland-$1.25M (-71.1%)
Portugal-$623k (-56.8%)
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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 Friction Material were:
Japan $247M
United States $191M
Germany $155M
In 2022, United Kingdom's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.07M
TOP IMPORT POTENTIALChina+ $996k

Friction Material’s highest export potential is Germany. With an export gap of $1.07M.   Friction Material’s highest import potential is China with an import gap of $996k.

See methodology.

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