Hemp Fibers in United Kingdom | The Observatory of Economic Complexity

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Exports In 2023, United Kingdom exported $188k in Hemp Fibers, making it the 27th largest exporter of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1187th most exported product in United Kingdom. The main destination of Hemp Fibers exports from United Kingdom are: Belgium ($57.8k), Japan ($47.8k), Ireland ($27.3k), Norway ($15.2k), and Australia ($7.1k).

The fastest growing export markets for Hemp Fibers of United Kingdom between 2022 and 2023 were Belgium ($56.4k), Norway ($15.2k), and South Korea ($5.57k).

Imports In 2023, United Kingdom imported $3.74M in Hemp Fibers, becoming the 8th largest importer of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1104th most imported product in United Kingdom. United Kingdom imports Hemp Fibers primarily from: France ($2.99M), Australia ($250k), Italy ($98.2k), Netherlands ($97k), and Lesotho ($52.8k).

The fastest growing import markets in Hemp Fibers for United Kingdom between 2022 and 2023 were France ($1.05M), Australia ($236k), and Netherlands ($53.6k).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Hemp Fibers exports accounted up to £33.5k and imports accounted up to £457k, resulting in a negative trade balance of £424k. Between November 2023 and November 2024 the exports of United Kingdom's Hemp Fibers have increased by £13.8k (70.4%) from £19.6k to £33.5k, while imports increased by £114k (33.4%) from £343k to £457k.

Destinations In November 2024, Hemp Fibers were exported mostly to , and were imported mostly from France (£256k), Canada (£93.3k), South Africa (£49.4k), Portugal (£41k), and Switzerland (£7.5k).

Growth In November 2024, the increase in Hemp Fibers's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the increase in Hemp Fibers's year-by-year imports was explained primarily by an increase in imports from France (£53.5k or 23.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)£13.8k(70.4%)

IMPORT GROWTH (December 2023 - December 2024)£114k(33.4%)

MAIN EXPORTER (November 2024)

MAIN DESTINATION (November 2024)

This section shows Hemp Fibers'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 Hemp Fibers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$188k

IMPORTS (2023)$3.74M

NET TRADE (2023)-$3.55M

In 2023, United Kingdom exported $188k in Hemp Fibers. The main destinations of United Kingdom exports on Hemp Fibers were Belgium ($57.8k), Japan ($47.8k), Ireland ($27.3k), Norway ($15.2k), and Australia ($7.1k).

In 2023, United Kingdom imported $3.74M in Hemp Fibers, mainly from France ($2.99M), Australia ($250k), Italy ($98.2k), Netherlands ($97k), and Lesotho ($52.8k).

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