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2022
Exports $12.2BWorld Rnk 14 / 214
Flag Rnk 10 / 96
2022
Destination $1.85B Ireland
2021 - 2022
FASTEST GROWING MARKET $1.85BIreland
2022
PRODUCT COMPLEXITY IN Organic chemicals1.95Rnk 8 / 1025
2022
Imports $10.9BWorld Rnk 15 / 225
Flag Rnk 13 / 96
2022
Origin $483M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $483MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $12.2B in Organic chemicals, making it the 14th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 10th most exported product in United Kingdom. The main destination of Organic chemicals exports from United Kingdom are: Ireland ($3.9B), United States ($2.37B), Netherlands ($1.06B), Belgium ($865M), and Germany ($655M).

The fastest growing export markets for Organic chemicals of United Kingdom between 2021 and 2022 were Ireland ($1.85B), United States ($210M), and Belgium ($76.1M).

Imports In 2022, United Kingdom imported $10.9B in Organic chemicals, becoming the 15th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 13th most imported product in United Kingdom. United Kingdom imports Organic chemicals primarily from: Ireland ($1.66B), China ($1.53B), United States ($1.19B), Germany ($1.13B), and Netherlands ($803M).

The fastest growing import markets in Organic chemicals for United Kingdom between 2021 and 2022 were China ($483M), Switzerland ($425M), and United States ($189M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (267), Dole Fresh Fruit (148), and Givaudan Fragrances (51) were at the forefront of shipping Organic chemicals from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Organic chemicals exports accounted up to £888M and imports accounted up to £489M, resulting in a positive trade balance of £399M. Between June 2023 and June 2024 the exports of United Kingdom's   Organic chemicals have decreased by £-328M (-27%) from £1.22B to £888M, while imports decreased by £-1.03B (-67.7%) from £1.52B to £489M.

Destinations In June 2024, Organic chemicals were exported mostly to United States (£439M), Belgium (£120M), Ireland (£99.2M), Netherlands (£60.6M), and Switzerland (£21M), and were imported mostly from N/A.

Growth In June 2024, the decrease in Organic chemicals's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-72M or -28.9%), Germany (£-44.5M or -57.4%), and Belgium (£-6.5M or -12.4%). In June 2024, the decrease in Organic chemicals's year-by-year imports was explained primarily by a decrease in imports from Ireland (£-59.2M or -16.4%), Italy (£-23M or -52.8%), and China (£-21.5M or -20.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-328M(-27%)
IMPORT GROWTH (June 2023 - June 2024)£-1.03B(-67.7%)
MAIN EXPORTER (June 2024)London Heathrow Airport£431M
MAIN DESTINATION (June 2024)United States£439M

This section shows Organic chemicals'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 Organic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2B
IMPORTS (2022)$10.9B
NET TRADE (2022)$1.21B

In 2022, United Kingdom exported $12.2B in Organic chemicals. The main destinations of United Kingdom exports on Organic chemicals were Ireland ($3.9B), United States ($2.37B), Netherlands ($1.06B), Belgium ($865M), and Germany ($655M).

In 2022, United Kingdom imported $10.9B in Organic chemicals, mainly from Ireland ($1.66B), China ($1.53B), United States ($1.19B), Germany ($1.13B), and Netherlands ($803M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$1.85B (90.6%)
United States$210M (9.75%)
Belgium$76.1M (9.64%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY United Kingdom WERE (2021 - 2022):
Australia-$69.6M (-42.3%)
Spain-$58.3M (-16.1%)
Netherlands-$49.3M (-4.46%)
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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 Organic chemicals were:
China $110B
United States $51.7B
Ireland $45.7B
In 2022, United Kingdom's main importing competitors in Organic chemicals were:
United States $68.6B
China $51.6B
Germany $47.2B

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $320M
TOP IMPORT POTENTIALChina+ $529M

Organic chemicals’s highest export potential is Germany. With an export gap of $320M.   Organic chemicals’s highest import potential is China with an import gap of $529M.

See methodology.

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