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2022
Exports $104MWorld Rnk 16 / 123
Flag Rnk 399 / 1216
2022
Destination $23.4M China
2021 - 2022
FASTEST GROWING MARKET $23.4MChina
2022
PRODUCT COMPLEXITY IN Inorganic Salts-0.39Rnk 671 / 1025
2022
Imports $143MWorld Rnk 12 / 186
Flag Rnk 516 / 1214
2022
Origin $33.1M Russia
2021 - 2022
FASTEST GROWING ORIGIN $33.1MRussia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $104M in Inorganic Salts, making it the 16th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 399th most exported product in United Kingdom. The main destination of Inorganic Salts exports from United Kingdom are: China ($24.6M), United States ($15.2M), South Korea ($13.1M), Germany ($10.2M), and United Kingdom ($7.77M).

The fastest growing export markets for Inorganic Salts of United Kingdom between 2021 and 2022 were China ($23.4M), United Kingdom ($7.76M), and South Korea ($7.46M).

Imports In 2022, United Kingdom imported $143M in Inorganic Salts, becoming the 12th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 516th most imported product in United Kingdom. United Kingdom imports Inorganic Salts primarily from: Russia ($33.9M), United States ($31.7M), Australia ($13.5M), Germany ($10.6M), and France ($10.5M).

The fastest growing import markets in Inorganic Salts for United Kingdom between 2021 and 2022 were Russia ($33.1M), United States ($9.68M), and United Kingdom ($7.76M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Inorganic Salts exports accounted up to £3.85M and imports accounted up to £3.99M, resulting in a negative trade balance of £142k. Between June 2023 and June 2024 the exports of United Kingdom's   Inorganic Salts have decreased by £-1.39M (-26.5%) from £5.23M to £3.85M, while imports decreased by £-7.01M (-63.7%) from £11M to £3.99M.

Destinations In June 2024, Inorganic Salts were exported mostly to Germany (£954k), South Korea (£712k), United States (£698k), Belgium (£389k), and North Macedonia (£270k), and were imported mostly from France (£874k), United States (£695k), Germany (£680k), Belgium (£435k), and Norway (£374k).

Growth In June 2024, the decrease in Inorganic Salts's year-by-year exports was explained primarily by a decrease in exports to North Macedonia (£-141k or -98%), Ireland (£-35.5k or -71.4%), and Japan (£-7.17k or -23%). In June 2024, the decrease in Inorganic Salts's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-1M or -51.1%), Australia (£-611k or -46.3%), and France (£-257k or -29.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-1.39M(-26.5%)
IMPORT GROWTH (June 2023 - June 2024)£-7.01M(-63.7%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£1.59M
MAIN DESTINATION (June 2024)Germany£954k

This section shows Inorganic Salts'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 Inorganic Salts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$104M
IMPORTS (2022)$143M
NET TRADE (2022)-$39.1M

In 2022, United Kingdom exported $104M in Inorganic Salts. The main destinations of United Kingdom exports on Inorganic Salts were China ($24.6M), United States ($15.2M), South Korea ($13.1M), Germany ($10.2M), and United Kingdom ($7.77M).

In 2022, United Kingdom imported $143M in Inorganic Salts, mainly from Russia ($33.9M), United States ($31.7M), Australia ($13.5M), Germany ($10.6M), and France ($10.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$23.4M (1.97k%)
United Kingdom$7.76M (399k%)
South Korea$7.46M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY United Kingdom WERE (2021 - 2022):
Saudi Arabia-$4.14M (-99.9%)
Spain-$1.61M (-54.4%)
Chile-$1.41M (-83.1%)
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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 Inorganic Salts were:
China $5.51B
United States $811M
Chile $769M
In 2022, United Kingdom's main importing competitors in Inorganic Salts were:
South Korea $4.02B
Japan $1.53B
China $856M

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $4.27M
TOP IMPORT POTENTIALChina+ $8.92M

Inorganic Salts’s highest export potential is South Korea. With an export gap of $4.27M.   Inorganic Salts’s highest import potential is China with an import gap of $8.92M.

See methodology.

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