Hemp Fibers in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $170k in Hemp Fibers, making it the 27th largest exporter of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1193rd most exported product in United Kingdom. The main destination of Hemp Fibers exports from United Kingdom are: Japan ($51.8k), Switzerland ($19.5k), Ireland ($17.6k), United States ($11k), and Panama ($8.5k).

The fastest growing export markets for Hemp Fibers of United Kingdom between 2021 and 2022 were Switzerland ($18.1k), Ireland ($10.3k), and Panama ($8.5k).

Imports In 2022, United Kingdom imported $2.44M in Hemp Fibers, becoming the 7th largest importer of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1132nd most imported product in United Kingdom. United Kingdom imports Hemp Fibers primarily from: France ($1.93M), Spain ($209k), Italy ($85.3k), Germany ($46.3k), and Netherlands ($41.1k).

The fastest growing import markets in Hemp Fibers for United Kingdom between 2021 and 2022 were France ($1.85M), Lithuania ($21.7k), and China ($19.8k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Hemp Fibers from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Hemp Fibers exports accounted up to £33k and imports accounted up to £235k, resulting in a negative trade balance of £202k. Between September 2023 and September 2024 the exports of United Kingdom's Hemp Fibers have increased by £20.5k (164%) from £12.5k to £33k, while imports increased by £9.89k (4.39%) from £225k to £235k.

Destinations In September 2024, Hemp Fibers were exported mostly to Netherlands (£21.7k), South Africa (£9.9k), and Belgium (£1.47k), and were imported mostly from France (£230k) and Germany (£5.49k).

Growth In September 2024, the increase in Hemp Fibers's year-by-year exports was explained primarily by an increase in exports to Ireland (£18 or 113%). In September 2024, the increase in Hemp Fibers's year-by-year imports was explained primarily by an increase in imports from France (£81.1k or 55.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)£20.5k(164%)

IMPORT GROWTH (September 2023 - September 2024)£9.89k(4.39%)

MAIN EXPORTER (September 2024)Immingham£43k

MAIN DESTINATION (September 2024)Netherlands£21.7k

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 (2022)$170k

IMPORTS (2022)$2.44M

NET TRADE (2022)-$2.27M

In 2022, United Kingdom exported $170k in Hemp Fibers. The main destinations of United Kingdom exports on Hemp Fibers were Japan ($51.8k), Switzerland ($19.5k), Ireland ($17.6k), United States ($11k), and Panama ($8.5k).

In 2022, United Kingdom imported $2.44M in Hemp Fibers, mainly from France ($1.93M), Spain ($209k), Italy ($85.3k), Germany ($46.3k), and Netherlands ($41.1k).

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