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2022
Exports $5.29MWorld Rnk 10 / 95
Flag Rnk 951 / 1216
2022
Destination $162k Germany
2021 - 2022
FASTEST GROWING MARKET $162kBelgium
2022
Imports $3.85MWorld Rnk 9 / 161
Flag Rnk 1099 / 1214
2022
Origin $338k China
2021 - 2022
FASTEST GROWING ORIGIN $338kFrance
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $5.29M in Mica, making it the 10th largest exporter of Mica in the world. At the same year, Mica was the 951st most exported product in United Kingdom. The main destination of Mica exports from United Kingdom are: Germany ($1.63M), Netherlands ($721k), Thailand ($332k), France ($325k), and United States ($294k).

The fastest growing export markets for Mica of United Kingdom between 2021 and 2022 were Belgium ($162k), France ($102k), and United Arab Emirates ($97.4k).

Imports In 2022, United Kingdom imported $3.85M in Mica, becoming the 9th largest importer of Mica in the world. At the same year, Mica was the 1099th most imported product in United Kingdom. United Kingdom imports Mica primarily from: China ($1.42M), France ($835k), Spain ($516k), Malaysia ($276k), and Turkey ($263k).

The fastest growing import markets in Mica for United Kingdom between 2021 and 2022 were France ($338k), Malaysia ($270k), and Canada ($45.7k).

COMPANIES In 2023, leading companies such as Baxter Healthcare (6) and Amazon (2) were at the forefront of shipping Mica from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Mica exports accounted up to £300k and imports accounted up to £260k, resulting in a positive trade balance of £40.1k. Between August 2023 and August 2024 the exports of United Kingdom's   Mica have increased by £81k (37%) from £219k to £300k, while imports increased by £34.1k (15.1%) from £226k to £260k.

Destinations In August 2024, Mica were exported mostly to Germany (£140k), Netherlands (£53.9k), Norway (£28.4k), Chinese Taipei (£24k), and Thailand (£20k), and were imported mostly from China (£92.9k), Belgium (£58.2k), Spain (£49.2k), France (£39.6k), and Italy (£8.49k).

Growth In August 2024, the increase in Mica's year-by-year exports was explained primarily by an increase in exports to Belgium (£25.1k or 148%), Sweden (£23k or 1k%), and Germany (£20k or 47.2%). In August 2024, the increase in Mica's year-by-year imports was explained primarily by an increase in imports from Norway (£6.49k or 172%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£81k(37%)
IMPORT GROWTH (August 2023 - August 2024)£34.1k(15.1%)
MAIN EXPORTER (August 2024)Immingham£186k
MAIN DESTINATION (August 2024)Germany£140k

This section shows Mica'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 Mica over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.29M
IMPORTS (2022)$3.85M
NET TRADE (2022)$1.45M

In 2022, United Kingdom exported $5.29M in Mica. The main destinations of United Kingdom exports on Mica were Germany ($1.63M), Netherlands ($721k), Thailand ($332k), France ($325k), and United States ($294k).

In 2022, United Kingdom imported $3.85M in Mica, mainly from China ($1.42M), France ($835k), Spain ($516k), Malaysia ($276k), and Turkey ($263k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mica EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$162k (176%)
France$102k (46.1%)
United Arab Emirates$97.4k (1.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mica BY United Kingdom WERE (2021 - 2022):
United States-$258k (-46.7%)
Netherlands-$169k (-19%)
Chinese Taipei-$103k (-75.8%)
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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 Mica were:
India $56.6M
China $52.7M
Madagascar $15.9M
In 2022, United Kingdom's main importing competitors in Mica were:
China $59.7M
Japan $36.9M
Germany $19.4M

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Trade Value of Mica by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $152k
TOP IMPORT POTENTIALUnited States+ $69.9k

Mica’s highest export potential is United States. With an export gap of $152k.   Mica’s highest import potential is United States with an import gap of $69.9k.

See methodology.

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