Iron Pipes in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $292M in Iron Pipes, making it the 23rd largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 209th most exported product in United Kingdom. The main destination of Iron Pipes exports from United Kingdom are: United States ($30.4M), Qatar ($29.3M), Norway ($28.3M), Netherlands ($16.8M), and Brazil ($15.2M).

The fastest growing export markets for Iron Pipes of United Kingdom between 2021 and 2022 were Qatar ($17.7M), United States ($10.3M), and Brazil ($8.95M).

Imports In 2022, United Kingdom imported $496M in Iron Pipes, becoming the 16th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 260th most imported product in United Kingdom. United Kingdom imports Iron Pipes primarily from: Germany ($66.7M), Sweden ($52.5M), Italy ($48.3M), Norway ($44.5M), and United States ($41.1M).

The fastest growing import markets in Iron Pipes for United Kingdom between 2021 and 2022 were Norway ($21.8M), United States ($19.2M), and Italy ($13.6M).

COMPANIES In 2023, leading companies such as MISA IMPORTS (18) were at the forefront of shipping Iron Pipes from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Iron Pipes exports accounted up to £18.7M and imports accounted up to £32.3M, resulting in a negative trade balance of £13.6M. Between January 2023 and January 2024 the exports of United Kingdom's Iron Pipes have decreased by £-7.54M (-28.8%) from £26.2M to £18.7M, while imports decreased by £-4.03M (-11.1%) from £36.3M to £32.3M.

Destinations In January 2024, Iron Pipes were exported mostly to Norway (£3.59M), Netherlands (£2.07M), United States (£1.25M), Brazil (£1.17M), and Turkey (£1.06M), and were imported mostly from Czechia (£7.44M), Sweden (£4.49M), Italy (£3.64M), Uruguay (£2M), and France (£1.82M).

Growth In January 2024, the decrease in Iron Pipes's year-by-year exports was explained primarily by a decrease in exports to Norway (£-1.7M or -68%), Qatar (£-1.61M or -31.6%), and Mexico (£-460k or -86.5%). In January 2024, the decrease in Iron Pipes's year-by-year imports was explained primarily by a decrease in imports from United States (£-12.8M or -85.1%), Czechia (£-2.38M or -79.7%), and China (£-1.36M or -43.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-7.54M(-28.8%)

IMPORT GROWTH (January 2023 - January 2024)£-4.03M(-11.1%)

MAIN EXPORTER (January 2024)Immingham£3.12M

MAIN DESTINATION (January 2024)Norway£3.59M

This section shows Iron Pipes'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 Pipes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$292M

IMPORTS (2022)$496M

NET TRADE (2022)-$205M

In 2022, United Kingdom exported $292M in Iron Pipes. The main destinations of United Kingdom exports on Iron Pipes were United States ($30.4M), Qatar ($29.3M), Norway ($28.3M), Netherlands ($16.8M), and Brazil ($15.2M).

In 2022, United Kingdom imported $496M in Iron Pipes, mainly from Germany ($66.7M), Sweden ($52.5M), Italy ($48.3M), Norway ($44.5M), and United States ($41.1M).

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