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2022
Exports $150MWorld Rnk 11 / 152
Flag Rnk 326 / 1216
2022
Destination $5.96M Germany
2021 - 2022
FASTEST GROWING MARKET $5.96MIreland
2022
PRODUCT COMPLEXITY IN Monofilament0.32Rnk 437 / 1025
2022
Imports $203MWorld Rnk 10 / 218
Flag Rnk 443 / 1214
2022
Origin $5.55M Germany
2021 - 2022
FASTEST GROWING ORIGIN $5.55MPoland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $150M in Monofilament, making it the 11th largest exporter of Monofilament in the world. At the same year, Monofilament was the 326th most exported product in United Kingdom. The main destination of Monofilament exports from United Kingdom are: Germany ($26M), United States ($22.9M), Ireland ($18.8M), France ($7.66M), and Netherlands ($6.39M).

The fastest growing export markets for Monofilament of United Kingdom between 2021 and 2022 were Ireland ($5.96M), Germany ($3.37M), and Belgium ($1.44M).

Imports In 2022, United Kingdom imported $203M in Monofilament, becoming the 10th largest importer of Monofilament in the world. At the same year, Monofilament was the 443rd most imported product in United Kingdom. United Kingdom imports Monofilament primarily from: Germany ($73.4M), Poland ($23.5M), China ($22.2M), Belgium ($20.3M), and United States ($15M).

The fastest growing import markets in Monofilament for United Kingdom between 2021 and 2022 were Poland ($5.55M), Germany ($4.44M), and United States ($2.7M).

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Monofilament exports accounted up to £10.1M and imports accounted up to £13.1M, resulting in a negative trade balance of £2.99M. Between October 2023 and October 2024 the exports of United Kingdom's   Monofilament have decreased by £-930k (-8.43%) from £11M to £10.1M, while imports decreased by £-840k (-6.03%) from £13.9M to £13.1M.

Destinations In October 2024, Monofilament were exported mostly to Ireland (£1.5M), Germany (£1.5M), United States (£1.24M), Slovakia (£634k), and China (£584k), and were imported mostly from Germany (£3.08M), China (£2.99M), Belgium (£1.26M), Netherlands (£1.17M), and Poland (£892k).

Growth In October 2024, the decrease in Monofilament's year-by-year exports was explained primarily by a decrease in exports to Germany (£-879k or -35.9%), United States (£-879k or -47.1%), and China (£-567k or -60.6%). In October 2024, the decrease in Monofilament's year-by-year imports was explained primarily by a decrease in imports from Germany (£-1.91M or -33.9%), France (£-632k or -51.4%), and Belgium (£-285k or -17.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)£-930k(-8.43%)
IMPORT GROWTH (October 2023 - October 2024)£-840k(-6.03%)
MAIN EXPORTER (October 2024)Dover Eurotunnel£4.21M
MAIN DESTINATION (October 2024)Ireland£1.5M

This section shows Monofilament'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 Monofilament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$150M
IMPORTS (2022)$203M
NET TRADE (2022)-$52.4M

In 2022, United Kingdom exported $150M in Monofilament. The main destinations of United Kingdom exports on Monofilament were Germany ($26M), United States ($22.9M), Ireland ($18.8M), France ($7.66M), and Netherlands ($6.39M).

In 2022, United Kingdom imported $203M in Monofilament, mainly from Germany ($73.4M), Poland ($23.5M), China ($22.2M), Belgium ($20.3M), and United States ($15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Monofilament EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$5.96M (46.3%)
Germany$3.37M (14.9%)
Belgium$1.44M (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Monofilament BY United Kingdom WERE (2021 - 2022):
Netherlands-$1.43M (-18.3%)
Romania-$978k (-30.9%)
Croatia-$625k (-75.1%)
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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 Monofilament were:
Germany $2.41B
China $885M
United States $558M
In 2022, United Kingdom's main importing competitors in Monofilament were:
United States $824M
Germany $595M
Poland $449M

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Trade Value of Monofilament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.01M
TOP IMPORT POTENTIALGermany+ $11M

Monofilament’s highest export potential is United States. With an export gap of $6.01M.   Monofilament’s highest import potential is Germany with an import gap of $11M.

See methodology.

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