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2023
Exports $16MWorld Rnk 9 / 151
Flag Rnk 755 / 1216
2023
Destination $2.16M Italy
2022 - 2023
FASTEST GROWING MARKET $2.16MItaly
2023
PRODUCT COMPLEXITY IN Furskin Apparel-0.43Rnk 676 / 1025
2023
Imports $39.9MWorld Rnk 11 / 198
Flag Rnk 784 / 1214
2023
Origin $3.51M Italy
2022 - 2023
FASTEST GROWING ORIGIN $3.51MItaly
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $16M in Furskin Apparel, making it the 9th largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 755th most exported product in United Kingdom. The main destination of Furskin Apparel exports from United Kingdom are: Italy ($4.91M), Germany ($2.49M), France ($2.3M), Hong Kong ($1.87M), and United Arab Emirates ($806k).

The fastest growing export markets for Furskin Apparel of United Kingdom between 2022 and 2023 were Italy ($2.16M), Hong Kong ($913k), and United Arab Emirates ($647k).

Imports In 2023, United Kingdom imported $39.9M in Furskin Apparel, becoming the 11th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 784th most imported product in United Kingdom. United Kingdom imports Furskin Apparel primarily from: Italy ($18.9M), France ($5.32M), Germany ($4.09M), China ($3.92M), and Turkey ($3.21M).

The fastest growing import markets in Furskin Apparel for United Kingdom between 2022 and 2023 were Italy ($3.51M), Germany ($2.54M), and France ($242k).

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Furskin Apparel exports accounted up to £2.16M and imports accounted up to £2.66M, resulting in a negative trade balance of £496k. Between December 2023 and December 2024 the exports of United Kingdom's   Furskin Apparel have increased by £584k (37%) from £1.58M to £2.16M, while imports increased by £597k (29%) from £2.06M to £2.66M.

Destinations In December 2024, Furskin Apparel were exported mostly to France (£848k), Italy (£320k), Hong Kong (£271k), United States (£184k), and Germany (£158k), and were imported mostly from Italy (£962k), France (£807k), China (£260k), Germany (£170k), and Turkey (£166k).

Growth In December 2024, the increase in Furskin Apparel's year-by-year exports was explained primarily by an increase in exports to France (£193k or 196%), Italy (£183k or 84.5%), and United States (£153k or 130%). In December 2024, the increase in Furskin Apparel's year-by-year imports was explained primarily by an increase in imports from Turkey (£24.2k or 165%), Spain (£22.3k or 134%), and Switzerland (£21.3k or 204%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£584k(37%)
IMPORT GROWTH (December 2023 - December 2024)£597k(29%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)France£848k

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 (2023)$16M
IMPORTS (2023)$39.9M
NET TRADE (2023)-$23.9M

In 2023, United Kingdom exported $16M in Furskin Apparel. The main destinations of United Kingdom exports on Furskin Apparel were Italy ($4.91M), Germany ($2.49M), France ($2.3M), Hong Kong ($1.87M), and United Arab Emirates ($806k).

In 2023, United Kingdom imported $39.9M in Furskin Apparel, mainly from Italy ($18.9M), France ($5.32M), Germany ($4.09M), China ($3.92M), and Turkey ($3.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Italy$2.16M (78.3%)
Hong Kong$913k (95%)
United Arab Emirates$647k (406%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY United Kingdom WERE (2022 - 2023):
Japan-$131k (-28.1%)
China-$93.7k (-52.7%)
Singapore-$74.8k (-82.2%)
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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 Furskin Apparel were:
China $925M
Italy $285M
France $104M
In 2023, United Kingdom's main importing competitors in Furskin Apparel were:
Russia $515M
South Korea $245M
United States $115M

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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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