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2023
Exports $8.73MWorld Rnk 17 / 117
Flag Rnk 862 / 1216
2023
Destination $402k France
2022 - 2023
FASTEST GROWING MARKET $402kFrance
2023
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides-0.35Rnk 657 / 1025
2023
Imports $29.7MWorld Rnk 7 / 188
Flag Rnk 844 / 1214
2023
Origin $278k Germany
2022 - 2023
FASTEST GROWING ORIGIN $278kSpain
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $8.73M in Iron Oxides and Hydroxides, making it the 17th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 862nd most exported product in United Kingdom. The main destination of Iron Oxides and Hydroxides exports from United Kingdom are: France ($1.19M), Ireland ($714k), Netherlands ($631k), Germany ($623k), and United States ($487k).

The fastest growing export markets for Iron Oxides and Hydroxides of United Kingdom between 2022 and 2023 were France ($402k), South Africa ($139k), and China ($98.4k).

Imports In 2023, United Kingdom imported $29.7M in Iron Oxides and Hydroxides, becoming the 7th largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 844th most imported product in United Kingdom. United Kingdom imports Iron Oxides and Hydroxides primarily from: Germany ($14.8M), China ($7.22M), Italy ($2.24M), Hong Kong ($2.23M), and Spain ($751k).

The fastest growing import markets in Iron Oxides and Hydroxides for United Kingdom between 2022 and 2023 were Spain ($278k), United States ($148k), and Turkey ($104k).

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Iron Oxides and Hydroxides exports accounted up to £463k and imports accounted up to £1.83M, resulting in a negative trade balance of £1.37M. Between December 2023 and December 2024 the exports of United Kingdom's   Iron Oxides and Hydroxides have decreased by £-126k (-21.4%) from £589k to £463k, while imports increased by £301k (19.6%) from £1.53M to £1.83M.

Destinations In December 2024, Iron Oxides and Hydroxides were exported mostly to Belgium (£71.3k), United Arab Emirates (£59k), Ireland (£57.4k), Saudi Arabia (£54.7k), and Indonesia (£51k), and were imported mostly from Germany (£825k), China (£397k), Italy (£326k), Hong Kong (£109k), and Spain (£66.2k).

Growth In December 2024, the decrease in Iron Oxides and Hydroxides's year-by-year exports was explained primarily by a decrease in exports to France (£-102k or -68.6%), Indonesia (£-26.6k or -78.1%), and Egypt (£-17k or -94.5%). In December 2024, the increase in Iron Oxides and Hydroxides's year-by-year imports was explained primarily by an increase in imports from Spain (£59.3k or 187%), Netherlands (£35.9k or 103%), and France (£13k or 88.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-126k(-21.4%)
IMPORT GROWTH (December 2023 - December 2024)£301k(19.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Belgium£71.3k

This section shows Iron Oxides and Hydroxides'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 Iron Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.73M
IMPORTS (2023)$29.7M
NET TRADE (2023)-$20.9M

In 2023, United Kingdom exported $8.73M in Iron Oxides and Hydroxides. The main destinations of United Kingdom exports on Iron Oxides and Hydroxides were France ($1.19M), Ireland ($714k), Netherlands ($631k), Germany ($623k), and United States ($487k).

In 2023, United Kingdom imported $29.7M in Iron Oxides and Hydroxides, mainly from Germany ($14.8M), China ($7.22M), Italy ($2.24M), Hong Kong ($2.23M), and Spain ($751k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
France$402k (50.9%)
South Africa$139k (49.1%)
China$98.4k (72.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY United Kingdom WERE (2022 - 2023):
Netherlands-$909k (-59%)
Belgium-$458k (-63.9%)
Germany-$389k (-38.4%)
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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 Iron Oxides and Hydroxides were:
China $337M
Germany $228M
United States $42.6M
In 2023, United Kingdom's main importing competitors in Iron Oxides and Hydroxides were:
United States $187M
China $91.7M
Germany $34.8M

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $684k
TOP IMPORT POTENTIALChina+ $816k

Iron Oxides and Hydroxides’s highest export potential is United States. With an export gap of $684k.   Iron Oxides and Hydroxides’s highest import potential is China with an import gap of $816k.

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