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2022
Exports $89.3MWorld Rnk 3 / 78
Flag Rnk 425 / 1216
2022
Destination $12.7M France
2021 - 2022
FASTEST GROWING MARKET $12.7MFrance
2022
PRODUCT COMPLEXITY IN Molybdenum0.95Rnk 192 / 1025
2022
Imports $104MWorld Rnk 3 / 142
Flag Rnk 584 / 1214
2022
Origin $12.4M Austria
2021 - 2022
FASTEST GROWING ORIGIN $12.4MAustria
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $89.3M in Molybdenum, making it the 3rd largest exporter of Molybdenum in the world. At the same year, Molybdenum was the 425th most exported product in United Kingdom. The main destination of Molybdenum exports from United Kingdom are: France ($16M), United States ($15.4M), Germany ($15M), Netherlands ($12.5M), and Austria ($10.4M).

The fastest growing export markets for Molybdenum of United Kingdom between 2021 and 2022 were France ($12.7M), Australia ($5.48M), and Germany ($4.67M).

Imports In 2022, United Kingdom imported $104M in Molybdenum, becoming the 3rd largest importer of Molybdenum in the world. At the same year, Molybdenum was the 584th most imported product in United Kingdom. United Kingdom imports Molybdenum primarily from: Austria ($37.8M), China ($33.2M), United States ($9.27M), Germany ($8.11M), and Chinese Taipei ($5.92M).

The fastest growing import markets in Molybdenum for United Kingdom between 2021 and 2022 were Austria ($12.4M), China ($10.9M), and Germany ($5.28M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Molybdenum exports accounted up to £5.8M and imports accounted up to £12.2M, resulting in a negative trade balance of £6.41M. Between August 2023 and August 2024 the exports of United Kingdom's   Molybdenum have increased by £358k (6.58%) from £5.44M to £5.8M, while imports increased by £2.49M (25.6%) from £9.72M to £12.2M.

Destinations In August 2024, Molybdenum were exported mostly to Germany (£2.08M), Austria (£1.27M), United States (£1.24M), Netherlands (£448k), and Belgium (£404k), and were imported mostly from China (£5.88M), Netherlands (£2.83M), France (£1.42M), United States (£670k), and Austria (£589k).

Growth In August 2024, the increase in Molybdenum's year-by-year exports was explained primarily by an increase in exports to United States (£790k or 343%), Australia (£367k or 69.7%), and Japan (£235k or 1.25k%). In August 2024, the increase in Molybdenum's year-by-year imports was explained primarily by an increase in imports from France (£1.43M or 70.6%), China (£431k or 36.5%), and United States (£326k or 78%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£358k(6.58%)
IMPORT GROWTH (August 2023 - August 2024)£2.49M(25.6%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£7.1M
MAIN DESTINATION (August 2024)Germany£2.08M

This section shows Molybdenum'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 Molybdenum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.3M
IMPORTS (2022)$104M
NET TRADE (2022)-$14.3M

In 2022, United Kingdom exported $89.3M in Molybdenum. The main destinations of United Kingdom exports on Molybdenum were France ($16M), United States ($15.4M), Germany ($15M), Netherlands ($12.5M), and Austria ($10.4M).

In 2022, United Kingdom imported $104M in Molybdenum, mainly from Austria ($37.8M), China ($33.2M), United States ($9.27M), Germany ($8.11M), and Chinese Taipei ($5.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molybdenum EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$12.7M (381%)
Australia$5.48M (205%)
Germany$4.67M (45.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum BY United Kingdom WERE (2021 - 2022):
Japan-$662k (-50.4%)
South Africa-$520k (-99.9%)
India-$455k (-85.5%)
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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 Molybdenum were:
China $245M
Austria $216M
In 2022, United Kingdom's main importing competitors in Molybdenum were:
United States $118M
Germany $105M

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Trade Value of Molybdenum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $608k
TOP IMPORT POTENTIALGermany+ $809k

Molybdenum’s highest export potential is Japan. With an export gap of $608k.   Molybdenum’s highest import potential is Germany with an import gap of $809k.

See methodology.

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