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2022
Exports $78.2MWorld Rnk 3 / 102
Flag Rnk 453 / 1216
2022
Destination $20.4M Spain
2021 - 2022
FASTEST GROWING MARKET $20.4MSpain
2022
PRODUCT COMPLEXITY IN Oats-0.36Rnk 663 / 1025
2022
Imports $6.45MWorld Rnk 20 / 183
Flag Rnk 1051 / 1214
2022
Origin $95.8k Ireland
2021 - 2022
FASTEST GROWING ORIGIN $95.8kLatvia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $78.2M in Oats, making it the 3rd largest exporter of Oats in the world. At the same year, Oats was the 453rd most exported product in United Kingdom. The main destination of Oats exports from United Kingdom are: Spain ($20.4M), Netherlands ($18.6M), Belgium ($13.8M), Germany ($12.6M), and Finland ($2.48M).

The fastest growing export markets for Oats of United Kingdom between 2021 and 2022 were Spain ($20.4M), Netherlands ($15.1M), and Belgium ($12.2M).

Imports In 2022, United Kingdom imported $6.45M in Oats, becoming the 20th largest importer of Oats in the world. At the same year, Oats was the 1051st most imported product in United Kingdom. United Kingdom imports Oats primarily from: Ireland ($5.53M), France ($200k), Lithuania ($179k), Germany ($132k), and Latvia ($95.8k).

The fastest growing import markets in Oats for United Kingdom between 2021 and 2022 were Latvia ($95.8k), Hungary ($77.1k), and France ($55.8k).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Oats exports accounted up to £322k and imports accounted up to £437k, resulting in a negative trade balance of £116k. Between August 2023 and August 2024 the exports of United Kingdom's   Oats have decreased by £-524k (-62%) from £846k to £322k, while imports increased by £254k (138%) from £184k to £437k.

Destinations In August 2024, Oats were exported mostly to Japan (£89.9k), Belgium (£57k), Ireland (£38.8k), South Korea (£36.6k), and Russia (£23.8k), and were imported mostly from Ireland (£298k), France (£99.4k), Italy (£19.2k), Germany (£10.6k), and Netherlands (£8.92k).

Growth In August 2024, the decrease in Oats's year-by-year exports was explained primarily by a decrease in exports to South Korea (£-54.9k or -59.4%), China (£-26k or -76.7%), and Ireland (£-10.7k or -88.1%). In August 2024, the increase in Oats's year-by-year imports was explained primarily by an increase in imports from Ireland (£201k or 237%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-524k(-62%)
IMPORT GROWTH (August 2023 - August 2024)£254k(138%)
MAIN EXPORTER (August 2024)Tyne£1.62M
MAIN DESTINATION (August 2024)Japan£89.9k

This section shows Oats'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 Oats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$78.2M
IMPORTS (2022)$6.45M
NET TRADE (2022)$71.8M

In 2022, United Kingdom exported $78.2M in Oats. The main destinations of United Kingdom exports on Oats were Spain ($20.4M), Netherlands ($18.6M), Belgium ($13.8M), Germany ($12.6M), and Finland ($2.48M).

In 2022, United Kingdom imported $6.45M in Oats, mainly from Ireland ($5.53M), France ($200k), Lithuania ($179k), Germany ($132k), and Latvia ($95.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oats EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Spain$20.4M (581k%)
Netherlands$15.1M (421%)
Belgium$12.2M (733%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oats BY United Kingdom WERE (2021 - 2022):
United States-$1.83M (-85.9%)
Australia-$437k (-95.4%)
Nigeria-$261k (-63.9%)
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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 Oats were:
Canada $464M
Australia $182M
In 2022, United Kingdom's main importing competitors in Oats were:
United States $483M
Germany $131M
China $113M

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Trade Value of Oats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $817k
TOP IMPORT POTENTIALFrance+ $223k

Oats’s highest export potential is United States. With an export gap of $817k.   Oats’s highest import potential is France with an import gap of $223k.

See methodology.

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