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2022
Exports $34.2MWorld Rnk 22 / 172
Flag Rnk 631 / 1216
2022
Destination $551k United States
2021 - 2022
FASTEST GROWING MARKET $551kItaly
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $57.5MWorld Rnk 23 / 218
Flag Rnk 715 / 1214
2022
Origin $1.54M China
2021 - 2022
FASTEST GROWING ORIGIN $1.54MFrance
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $34.2M in Narrow Woven Fabric, making it the 22nd largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 631st most exported product in United Kingdom. The main destination of Narrow Woven Fabric exports from United Kingdom are: United States ($4.6M), Germany ($3.12M), France ($2.81M), Netherlands ($2.4M), and Italy ($2.24M).

The fastest growing export markets for Narrow Woven Fabric of United Kingdom between 2021 and 2022 were Italy ($551k), Ireland ($335k), and Switzerland ($203k).

Imports In 2022, United Kingdom imported $57.5M in Narrow Woven Fabric, becoming the 23rd largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 715th most imported product in United Kingdom. United Kingdom imports Narrow Woven Fabric primarily from: China ($21.7M), Germany ($5.6M), France ($3.94M), Spain ($3.93M), and United States ($3.28M).

The fastest growing import markets in Narrow Woven Fabric for United Kingdom between 2021 and 2022 were France ($1.54M), China ($946k), and Spain ($674k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Narrow Woven Fabric exports accounted up to £2.05M and imports accounted up to £2.87M, resulting in a negative trade balance of £823k. Between June 2023 and June 2024 the exports of United Kingdom's   Narrow Woven Fabric have increased by £114k (5.87%) from £1.94M to £2.05M, while imports decreased by £-205k (-6.65%) from £3.08M to £2.87M.

Destinations In June 2024, Narrow Woven Fabric were exported mostly to Netherlands (£305k), Germany (£249k), United States (£205k), France (£180k), and Mexico (£104k), and were imported mostly from China (£798k), France (£334k), Spain (£278k), Germany (£266k), and United States (£211k).

Growth In June 2024, the increase in Narrow Woven Fabric's year-by-year exports was explained primarily by an increase in exports to United States (£162k or 59%), Germany (£160k or 154%), and France (£108k or 129%). In June 2024, the decrease in Narrow Woven Fabric's year-by-year imports was explained primarily by a decrease in imports from China (£-523k or -38.6%), Hong Kong (£-183k or -93.9%), and France (£-88.9k or -19.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£114k(5.87%)
IMPORT GROWTH (June 2023 - June 2024)£-205k(-6.65%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£919k
MAIN DESTINATION (June 2024)Netherlands£305k

This section shows Narrow Woven Fabric'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 Narrow Woven Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.2M
IMPORTS (2022)$57.5M
NET TRADE (2022)-$23.3M

In 2022, United Kingdom exported $34.2M in Narrow Woven Fabric. The main destinations of United Kingdom exports on Narrow Woven Fabric were United States ($4.6M), Germany ($3.12M), France ($2.81M), Netherlands ($2.4M), and Italy ($2.24M).

In 2022, United Kingdom imported $57.5M in Narrow Woven Fabric, mainly from China ($21.7M), Germany ($5.6M), France ($3.94M), Spain ($3.93M), and United States ($3.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Italy$551k (32.7%)
Ireland$335k (26.5%)
Switzerland$203k (61.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY United Kingdom WERE (2021 - 2022):
Germany-$733k (-19%)
China-$729k (-55.8%)
Chile-$629k (-84.5%)
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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 Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, United Kingdom's main importing competitors in Narrow Woven Fabric were:
United States $441M
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.62M
TOP IMPORT POTENTIALChina+ $5.88M

Narrow Woven Fabric’s highest export potential is United States. With an export gap of $1.62M.   Narrow Woven Fabric’s highest import potential is China with an import gap of $5.88M.

See methodology.

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