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2022
Exports $14.3MWorld Rnk 10 / 151
Flag Rnk 795 / 1216
2022
Destination $674k Italy
2021 - 2022
FASTEST GROWING MARKET $674kJapan
2022
PRODUCT COMPLEXITY IN Furskin Apparel-0.18Rnk 610 / 1025
2022
Imports $49.3MWorld Rnk 10 / 187
Flag Rnk 745 / 1214
2022
Origin $6.99M Italy
2021 - 2022
FASTEST GROWING ORIGIN $6.99MAustralia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $14.3M in Furskin Apparel, making it the 10th largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 795th most exported product in United Kingdom. The main destination of Furskin Apparel exports from United Kingdom are: Italy ($2.92M), Germany ($2.44M), France ($1.86M), United States ($1.28M), and Hong Kong ($1.09M).

The fastest growing export markets for Furskin Apparel of United Kingdom between 2021 and 2022 were Japan ($674k), United States ($607k), and Hong Kong ($472k).

Imports In 2022, United Kingdom imported $49.3M in Furskin Apparel, becoming the 10th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 745th most imported product in United Kingdom. United Kingdom imports Furskin Apparel primarily from: Italy ($15.2M), Australia ($7.27M), China ($6.34M), France ($5.74M), and Turkey ($4.78M).

The fastest growing import markets in Furskin Apparel for United Kingdom between 2021 and 2022 were Australia ($6.99M), Italy ($4.67M), and Germany ($1.49M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Furskin Apparel exports accounted up to £1.12M and imports accounted up to £1.43M, resulting in a negative trade balance of £315k. Between June 2023 and June 2024 the exports of United Kingdom's   Furskin Apparel have increased by £329k (41.8%) from £786k to £1.12M, while imports decreased by £-351k (-19.7%) from £1.78M to £1.43M.

Destinations In June 2024, Furskin Apparel were exported mostly to France (£359k), Italy (£230k), Germany (£148k), United States (£104k), and Hong Kong (£87.7k), and were imported mostly from Italy (£799k), Germany (£168k), France (£159k), China (£145k), and Turkey (£65.3k).

Growth In June 2024, the increase in Furskin Apparel's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (£329k or 804%), Hong Kong (£104k or 402%), and Germany (£93.5k or 82.1%). In June 2024, the decrease in Furskin Apparel's year-by-year imports was explained primarily by a decrease in imports from Turkey (£-176k or -92.3%), China (£-81.7k or -31.4%), and Spain (£-26.3k or -61.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£329k(41.8%)
IMPORT GROWTH (June 2023 - June 2024)£-351k(-19.7%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£813k
MAIN DESTINATION (June 2024)France£359k

This section shows Furskin Apparel'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 Furskin Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.3M
IMPORTS (2022)$49.3M
NET TRADE (2022)-$35M

In 2022, United Kingdom exported $14.3M in Furskin Apparel. The main destinations of United Kingdom exports on Furskin Apparel were Italy ($2.92M), Germany ($2.44M), France ($1.86M), United States ($1.28M), and Hong Kong ($1.09M).

In 2022, United Kingdom imported $49.3M in Furskin Apparel, mainly from Italy ($15.2M), Australia ($7.27M), China ($6.34M), France ($5.74M), and Turkey ($4.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Japan$674k (354%)
United States$607k (89.6%)
Hong Kong$472k (76.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY United Kingdom WERE (2021 - 2022):
Italy-$1.65M (-36.1%)
Netherlands-$284k (-52.7%)
Switzerland-$270k (-59.6%)
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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 Furskin Apparel were:
China $1.24B
Italy $298M
Turkey $108M
In 2022, United Kingdom's main importing competitors in Furskin Apparel were:
Russia $802M
South Korea $214M
United States $165M

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Trade Value of Furskin Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $723k
TOP IMPORT POTENTIALChina+ $4.36M

Furskin Apparel’s highest export potential is United States. With an export gap of $723k.   Furskin Apparel’s highest import potential is China with an import gap of $4.36M.

See methodology.

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