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2022
Exports $19.7MWorld Rnk 28 / 176
Flag Rnk 737 / 1216
2022
Destination $5.18M Ireland
2021 - 2022
FASTEST GROWING MARKET $5.18MNigeria
2022
PRODUCT COMPLEXITY IN Honey-1.08Rnk 851 / 1025
2022
Imports $117MWorld Rnk 5 / 209
Flag Rnk 564 / 1214
2022
Origin $6.04M China
2021 - 2022
FASTEST GROWING ORIGIN $6.04MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $19.7M in Honey, making it the 28th largest exporter of Honey in the world. At the same year, Honey was the 737th most exported product in United Kingdom. The main destination of Honey exports from United Kingdom are: Ireland ($5.33M), Nigeria ($5.19M), France ($1.17M), United States ($963k), and Netherlands ($787k).

The fastest growing export markets for Honey of United Kingdom between 2021 and 2022 were Nigeria ($5.18M), Ireland ($367k), and France ($358k).

Imports In 2022, United Kingdom imported $117M in Honey, becoming the 5th largest importer of Honey in the world. At the same year, Honey was the 564th most imported product in United Kingdom. United Kingdom imports Honey primarily from: China ($52.3M), New Zealand ($25M), Spain ($4.48M), Poland ($4.22M), and Vietnam ($3.84M).

The fastest growing import markets in Honey for United Kingdom between 2021 and 2022 were China ($6.04M), Vietnam ($1.87M), and Hungary ($1.01M).

COMPANIES In 2023, leading companies such as Chevron (2) were at the forefront of shipping Honey from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Honey exports accounted up to £876k and imports accounted up to £7.77M, resulting in a negative trade balance of £6.89M. Between June 2023 and June 2024 the exports of United Kingdom's   Honey have increased by £114k (15%) from £762k to £876k, while imports increased by £978k (14.4%) from £6.79M to £7.77M.

Destinations In June 2024, Honey were exported mostly to Ireland (£276k), Netherlands (£125k), United States (£102k), United Arab Emirates (£73.5k), and Saudi Arabia (£52.7k), and were imported mostly from China (£2.3M), New Zealand (£1.97M), Brazil (£712k), Mexico (£387k), and France (£385k).

Growth In June 2024, the increase in Honey's year-by-year exports was explained primarily by an increase in exports to Sweden (£116k or 194%), Poland (£83k or 150%), and France (£42.9k or 651%). In June 2024, the increase in Honey's year-by-year imports was explained primarily by an increase in imports from New Zealand (£1.41M or 98.7%), Belgium (£307k or 1.16k%), and France (£197k or 400%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£114k(15%)
IMPORT GROWTH (June 2023 - June 2024)£978k(14.4%)
MAIN EXPORTER (June 2024)Holyhead£476k
MAIN DESTINATION (June 2024)Ireland£276k

This section shows Honey'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 Honey over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.7M
IMPORTS (2022)$117M
NET TRADE (2022)-$96.9M

In 2022, United Kingdom exported $19.7M in Honey. The main destinations of United Kingdom exports on Honey were Ireland ($5.33M), Nigeria ($5.19M), France ($1.17M), United States ($963k), and Netherlands ($787k).

In 2022, United Kingdom imported $117M in Honey, mainly from China ($52.3M), New Zealand ($25M), Spain ($4.48M), Poland ($4.22M), and Vietnam ($3.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Nigeria$5.18M (48.2k%)
Ireland$367k (7.38%)
France$358k (44.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY United Kingdom WERE (2021 - 2022):
Saudi Arabia-$1.11M (-73.4%)
New Zealand-$519k (-92.5%)
Netherlands-$449k (-36.3%)
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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 Honey were:
New Zealand $273M
China $267M
Argentina $252M
In 2022, United Kingdom's main importing competitors in Honey were:
United States $745M
Germany $317M
Japan $160M

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.17M
TOP IMPORT POTENTIALUkraine+ $2.12M

Honey’s highest export potential is United States. With an export gap of $1.17M.   Honey’s highest import potential is Ukraine with an import gap of $2.12M.

See methodology.

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