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2022
Exports $49MWorld Rnk 14 / 136
Flag Rnk 552 / 1216
2022
Destination $3.12M Ireland
2021 - 2022
FASTEST GROWING MARKET $3.12MFrance
2022
PRODUCT COMPLEXITY IN Iron Radiators0.62Rnk 311 / 1025
2022
Imports $369MWorld Rnk 4 / 206
Flag Rnk 321 / 1214
2022
Origin $906k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $906kPoland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $49M in Iron Radiators, making it the 14th largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 552nd most exported product in United Kingdom. The main destination of Iron Radiators exports from United Kingdom are: Ireland ($13.3M), France ($9.06M), United States ($8.86M), Poland ($3.02M), and Netherlands ($1.87M).

The fastest growing export markets for Iron Radiators of United Kingdom between 2021 and 2022 were France ($3.12M), China ($1.08M), and Grenada ($367k).

Imports In 2022, United Kingdom imported $369M in Iron Radiators, becoming the 4th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 321st most imported product in United Kingdom. United Kingdom imports Iron Radiators primarily from: Turkey ($171M), China ($101M), Italy ($16.7M), Germany ($16.7M), and France ($15.2M).

The fastest growing import markets in Iron Radiators for United Kingdom between 2021 and 2022 were Poland ($906k), Netherlands ($566k), and Latvia ($451k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Iron Radiators exports accounted up to £3.42M and imports accounted up to £23.9M, resulting in a negative trade balance of £20.5M. Between June 2023 and June 2024 the exports of United Kingdom's   Iron Radiators have decreased by £-101k (-2.86%) from £3.52M to £3.42M, while imports decreased by £-236k (-0.98%) from £24.2M to £23.9M.

Destinations In June 2024, Iron Radiators were exported mostly to Ireland (£1.24M), France (£519k), United States (£498k), Netherlands (£385k), and United Arab Emirates (£194k), and were imported mostly from Turkey (£9.97M), China (£6.44M), Netherlands (£2.06M), France (£1.38M), and Italy (£1.22M).

Growth In June 2024, the decrease in Iron Radiators's year-by-year exports was explained primarily by a decrease in exports to United States (£-243k or -52.2%), Canada (£-95.6k or -70.8%), and Poland (£-68.3k or -45%). In June 2024, the decrease in Iron Radiators's year-by-year imports was explained primarily by a decrease in imports from China (£-1.35M or -13.3%), Turkey (£-516k or -3.86%), and Germany (£-508k or -35%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-101k(-2.86%)
IMPORT GROWTH (June 2023 - June 2024)£-236k(-0.98%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£1.69M
MAIN DESTINATION (June 2024)Ireland£1.24M

This section shows Iron Radiators'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 Radiators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49M
IMPORTS (2022)$369M
NET TRADE (2022)-$320M

In 2022, United Kingdom exported $49M in Iron Radiators. The main destinations of United Kingdom exports on Iron Radiators were Ireland ($13.3M), France ($9.06M), United States ($8.86M), Poland ($3.02M), and Netherlands ($1.87M).

In 2022, United Kingdom imported $369M in Iron Radiators, mainly from Turkey ($171M), China ($101M), Italy ($16.7M), Germany ($16.7M), and France ($15.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Radiators EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$3.12M (52.5%)
China$1.08M (2.07k%)
Grenada$367k (1.05M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Radiators BY United Kingdom WERE (2021 - 2022):
Canada-$3.13M (-78.6%)
Ireland-$2.24M (-14.4%)
United States-$1.2M (-11.9%)
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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 Iron Radiators were:
Turkey $533M
United States $528M
China $320M
In 2022, United Kingdom's main importing competitors in Iron Radiators were:
Canada $564M
United States $432M
Germany $399M

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Trade Value of Iron Radiators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.52M
TOP IMPORT POTENTIALGermany+ $6.38M

Iron Radiators’s highest export potential is United States. With an export gap of $2.52M.   Iron Radiators’s highest import potential is Germany with an import gap of $6.38M.

See methodology.

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