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2022
Exports $58.6MWorld Rnk 9 / 143
Flag Rnk 508 / 1216
2022
Destination $2M Ireland
2021 - 2022
FASTEST GROWING MARKET $2MIreland
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages0.091Rnk 525 / 1025
2022
Imports $234MWorld Rnk 2 / 218
Flag Rnk 415 / 1214
2022
Origin $39.9M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $39.9MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $58.6M in Other Fermented Beverages, making it the 9th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 508th most exported product in United Kingdom. The main destination of Other Fermented Beverages exports from United Kingdom are: Ireland ($12.5M), Canada ($10.5M), United States ($8.29M), Netherlands ($3M), and France ($2.61M).

The fastest growing export markets for Other Fermented Beverages of United Kingdom between 2021 and 2022 were Ireland ($2M), Spain ($1.1M), and France ($1.06M).

Imports In 2022, United Kingdom imported $234M in Other Fermented Beverages, becoming the 2nd largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 415th most imported product in United Kingdom. United Kingdom imports Other Fermented Beverages primarily from: Ireland ($102M), Sweden ($90.9M), Germany ($8.51M), Netherlands ($7.26M), and Japan ($5.13M).

The fastest growing import markets in Other Fermented Beverages for United Kingdom between 2021 and 2022 were Ireland ($39.9M), Spain ($1.38M), and Japan ($1.13M).

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Other Fermented Beverages exports accounted up to £2.21M and imports accounted up to £17.7M, resulting in a negative trade balance of £15.5M. Between July 2023 and July 2024 the exports of United Kingdom's   Other Fermented Beverages have decreased by £-2.01M (-47.6%) from £4.22M to £2.21M, while imports decreased by £-10.7M (-37.5%) from £28.4M to £17.7M.

Destinations In July 2024, Other Fermented Beverages were exported mostly to Ireland (£503k), France (£489k), Finland (£182k), Netherlands (£151k), and United States (£130k), and were imported mostly from Sweden (£7.45M), Ireland (£7.24M), Jamaica (£1.32M), Japan (£248k), and Germany (£186k).

Growth In July 2024, the decrease in Other Fermented Beverages's year-by-year exports was explained primarily by a decrease in exports to Spain (£-102k or -91%), Netherlands (£-85.4k or -59.9%), and Germany (£-52.4k or -61.7%). In July 2024, the decrease in Other Fermented Beverages's year-by-year imports was explained primarily by a decrease in imports from Sweden (£-899k or -22%), Netherlands (£-181k or -66.6%), and United States (£-145k or -85.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-2.01M(-47.6%)
IMPORT GROWTH (July 2023 - July 2024)£-10.7M(-37.5%)
MAIN EXPORTER (July 2024)Dover Eurotunnel£764k
MAIN DESTINATION (July 2024)Ireland£503k

This section shows Other Fermented Beverages'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 Fermented Beverages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.6M
IMPORTS (2022)$234M
NET TRADE (2022)-$176M

In 2022, United Kingdom exported $58.6M in Other Fermented Beverages. The main destinations of United Kingdom exports on Other Fermented Beverages were Ireland ($12.5M), Canada ($10.5M), United States ($8.29M), Netherlands ($3M), and France ($2.61M).

In 2022, United Kingdom imported $234M in Other Fermented Beverages, mainly from Ireland ($102M), Sweden ($90.9M), Germany ($8.51M), Netherlands ($7.26M), and Japan ($5.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$2M (19%)
Spain$1.1M (114%)
France$1.06M (68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY United Kingdom WERE (2021 - 2022):
Netherlands-$2.57M (-46.2%)
Canada-$2.11M (-16.8%)
Russia-$1.67M (-78%)
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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 Fermented Beverages were:
Japan $385M
Italy $132M
Ireland $127M
In 2022, United Kingdom's main importing competitors in Other Fermented Beverages were:
United States $437M
China $128M

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.04M
TOP IMPORT POTENTIALJapan+ $3.09M

Other Fermented Beverages’s highest export potential is United States. With an export gap of $3.04M.   Other Fermented Beverages’s highest import potential is Japan with an import gap of $3.09M.

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