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2022
Exports $168MWorld Rnk 13 / 169
Flag Rnk 303 / 1216
2022
Destination $6.02M Germany
2021 - 2022
FASTEST GROWING MARKET $6.02MFrance
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products0.34Rnk 425 / 1025
2022
Imports $276MWorld Rnk 5 / 217
Flag Rnk 380 / 1214
2022
Origin $11.3M China
2021 - 2022
FASTEST GROWING ORIGIN $11.3MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $168M in Other Cast Iron Products, making it the 13th largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 303rd most exported product in United Kingdom. The main destination of Other Cast Iron Products exports from United Kingdom are: Germany ($30.8M), France ($27.6M), Netherlands ($19M), United States ($18.2M), and Ireland ($11.8M).

The fastest growing export markets for Other Cast Iron Products of United Kingdom between 2021 and 2022 were France ($6.02M), Netherlands ($5.4M), and United States ($4.88M).

Imports In 2022, United Kingdom imported $276M in Other Cast Iron Products, becoming the 5th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 380th most imported product in United Kingdom. United Kingdom imports Other Cast Iron Products primarily from: China ($64.1M), Turkey ($52.2M), India ($47.2M), Germany ($21.6M), and France ($14.5M).

The fastest growing import markets in Other Cast Iron Products for United Kingdom between 2021 and 2022 were China ($11.3M), Germany ($7.23M), and Belgium ($5.7M).

COMPANIES In 2023, leading companies such as Parker (10) and SIGMA Corp (9) were at the forefront of shipping Other Cast Iron Products from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Other Cast Iron Products exports accounted up to £8.85M and imports accounted up to £16.6M, resulting in a negative trade balance of £7.73M. Between August 2023 and August 2024 the exports of United Kingdom's   Other Cast Iron Products have decreased by £-3.96M (-30.9%) from £12.8M to £8.85M, while imports increased by £2.16M (15%) from £14.4M to £16.6M.

Destinations In August 2024, Other Cast Iron Products were exported mostly to Germany (£3.17M), United States (£899k), Ireland (£698k), France (£583k), and Czechia (£412k), and were imported mostly from China (£4.29M), South Korea (£2.92M), Turkey (£2.35M), India (£2.25M), and France (£1.09M).

Growth In August 2024, the decrease in Other Cast Iron Products's year-by-year exports was explained primarily by a decrease in exports to Singapore (£-444k or -95.7%), Czechia (£-255k or -61.8%), and Malaysia (£-239k or -99.4%). In August 2024, the increase in Other Cast Iron Products's year-by-year imports was explained primarily by an increase in imports from Austria (£1.83M or 2.88k%), Belgium (£1.61M or 131%), and Germany (£815k or 73.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-3.96M(-30.9%)
IMPORT GROWTH (August 2023 - August 2024)£2.16M(15%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£5.94M
MAIN DESTINATION (August 2024)Germany£3.17M

This section shows Other Cast Iron Products'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 Other Cast Iron Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$168M
IMPORTS (2022)$276M
NET TRADE (2022)-$108M

In 2022, United Kingdom exported $168M in Other Cast Iron Products. The main destinations of United Kingdom exports on Other Cast Iron Products were Germany ($30.8M), France ($27.6M), Netherlands ($19M), United States ($18.2M), and Ireland ($11.8M).

In 2022, United Kingdom imported $276M in Other Cast Iron Products, mainly from China ($64.1M), Turkey ($52.2M), India ($47.2M), Germany ($21.6M), and France ($14.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$6.02M (27.9%)
Netherlands$5.4M (39.8%)
United States$4.88M (36.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY United Kingdom WERE (2021 - 2022):
Germany-$5.48M (-15.1%)
Canada-$3.74M (-75%)
Ireland-$3.68M (-23.9%)
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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 Other Cast Iron Products were:
China $1.55B
India $1.22B
Germany $631M
In 2022, United Kingdom's main importing competitors in Other Cast Iron Products were:
Germany $1.19B
United States $711M
Italy $611M

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.8M
TOP IMPORT POTENTIALIndia+ $13.2M

Other Cast Iron Products’s highest export potential is Germany. With an export gap of $7.8M.   Other Cast Iron Products’s highest import potential is India with an import gap of $13.2M.

See methodology.

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