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2018
Exports $4.65MWorld Rnk 20 / 172
Flag Rnk 967 / 1216
2018
Destination $175k Ireland
2021 - 2022
FASTEST GROWING MARKET $175kFrance
2022
PRODUCT COMPLEXITY IN Other Cutlery-0.49Rnk 697 / 1025
2018
Imports $31.2MWorld Rnk 11 / 219
Flag Rnk 833 / 1214
2018
Origin $244k China
2021 - 2022
FASTEST GROWING ORIGIN $244kPoland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2018, United Kingdom exported $4.65M in Other Cutlery, making it the 20th largest exporter of Other Cutlery in the world. At the same year, Other Cutlery was the 967th most exported product in United Kingdom. The main destination of Other Cutlery exports from United Kingdom are: Ireland ($707k), Belgium ($486k), Germany ($432k), France ($419k), and Netherlands ($335k).

The fastest growing export markets for Other Cutlery of United Kingdom between 2021 and 2022 were France ($175k), Czechia ($114k), and Belgium ($110k).

Imports In 2022, United Kingdom imported $31.2M in Other Cutlery, becoming the 11th largest importer of Other Cutlery in the world. At the same year, Other Cutlery was the 833rd most imported product in United Kingdom. United Kingdom imports Other Cutlery primarily from: China ($21.6M), Germany ($2.21M), Pakistan ($1.24M), United States ($1M), and France ($708k).

The fastest growing import markets in Other Cutlery for United Kingdom between 2021 and 2022 were Poland ($244k), Switzerland ($189k), and Hong Kong ($113k).

COMPANIES In 2023, leading companies such as Cummins (1) were at the forefront of shipping Other Cutlery from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Cutlery exports accounted up to £241k and imports accounted up to £2.01M, resulting in a negative trade balance of £1.77M. Between June 2023 and June 2024 the exports of United Kingdom's   Other Cutlery have decreased by £-38.4k (-13.7%) from £280k to £241k, while imports decreased by £-100k (-4.74%) from £2.11M to £2.01M.

Destinations In June 2024, Other Cutlery were exported mostly to Netherlands (£59.8k), Germany (£55.7k), Australia (£32k), Denmark (£21.3k), and France (£17.4k), and were imported mostly from China (£1.23M), Germany (£154k), United States (£133k), France (£120k), and Pakistan (£60.9k).

Growth In June 2024, the decrease in Other Cutlery's year-by-year exports was explained primarily by a decrease in exports to United States (£-26.2k or -65.7%), Sweden (£-16k or -93.8%), and Belgium (£-3.7k or -12.5%). In June 2024, the decrease in Other Cutlery's year-by-year imports was explained primarily by a decrease in imports from China (£-156k or -12.7%), South Korea (£-48.3k or -59.7%), and Germany (£-40.9k or -47%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-38.4k(-13.7%)
IMPORT GROWTH (June 2023 - June 2024)£-100k(-4.74%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£129k
MAIN DESTINATION (June 2024)Netherlands£59.8k

This section shows Other Cutlery'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 Cutlery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.65M
IMPORTS (2022)$31.2M
NET TRADE (2022)-$26.6M

In 2022, United Kingdom exported $4.65M in Other Cutlery. The main destinations of United Kingdom exports on Other Cutlery were Ireland ($707k), Belgium ($486k), Germany ($432k), France ($419k), and Netherlands ($335k).

In 2022, United Kingdom imported $31.2M in Other Cutlery, mainly from China ($21.6M), Germany ($2.21M), Pakistan ($1.24M), United States ($1M), and France ($708k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cutlery EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$175k (72%)
Czechia$114k (331%)
Belgium$110k (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cutlery BY United Kingdom WERE (2021 - 2022):
United States-$171k (-42.6%)
Portugal-$108k (-80.2%)
Ireland-$105k (-12.9%)
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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 Cutlery were:
China $940M
Germany $76.4M
United States $30.7M
In 2022, United Kingdom's main importing competitors in Other Cutlery were:
United States $230M
Germany $70.6M
Malaysia $53.9M

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Trade Value of Other Cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $283k
TOP IMPORT POTENTIALGermany+ $631k

Other Cutlery’s highest export potential is United States. With an export gap of $283k.   Other Cutlery’s highest import potential is Germany with an import gap of $631k.

See methodology.

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