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Pricing

2018
Exports $23.2MWorld Rnk 14 / 108
Flag Rnk 708 / 1216
2018
Destination $5.05M Germany
2021 - 2022
FASTEST GROWING MARKET $5.05MNorth Macedonia
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids Salts1Rnk 169 / 1025
2018
Imports $23.1MWorld Rnk 17 / 187
Flag Rnk 888 / 1214
2018
Origin $3.31M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.31MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2018, United Kingdom exported $23.2M in Other Inorganic Acids Salts, making it the 14th largest exporter of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 708th most exported product in United Kingdom. The main destination of Other Inorganic Acids Salts exports from United Kingdom are: Germany ($6.68M), North Macedonia ($6.08M), United States ($2.17M), South Korea ($1.2M), and Netherlands ($995k).

The fastest growing export markets for Other Inorganic Acids Salts of United Kingdom between 2021 and 2022 were North Macedonia ($5.05M), Italy ($210k), and United Kingdom ($160k).

Imports In 2022, United Kingdom imported $23.1M in Other Inorganic Acids Salts, becoming the 17th largest importer of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 888th most imported product in United Kingdom. United Kingdom imports Other Inorganic Acids Salts primarily from: Germany ($5.6M), United States ($4.67M), Netherlands ($3.69M), China ($1.62M), and Denmark ($1.52M).

The fastest growing import markets in Other Inorganic Acids Salts for United Kingdom between 2021 and 2022 were Netherlands ($3.31M), United States ($1.28M), and Germany ($804k).

COMPANIES In 2023, leading companies such as Pernod Ricard (10) and Amazon (1) were at the forefront of shipping Other Inorganic Acids Salts from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Other Inorganic Acids Salts exports accounted up to £1.99M and imports accounted up to £3.38M, resulting in a negative trade balance of £1.39M. Between August 2023 and August 2024 the exports of United Kingdom's   Other Inorganic Acids Salts have decreased by £-283k (-12.4%) from £2.28M to £1.99M, while imports increased by £1.15M (51.4%) from £2.23M to £3.38M.

Destinations In August 2024, Other Inorganic Acids Salts were exported mostly to United States (£415k), South Korea (£398k), Germany (£350k), China (£178k), and Ireland (£153k), and were imported mostly from Germany (£1.63M), United States (£1.04M), Netherlands (£213k), China (£131k), and Belgium (£110k).

Growth In August 2024, the decrease in Other Inorganic Acids Salts's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-67.1k or -89.5%), Netherlands (£-44.8k or -32.6%), and South Korea (£-9.42k or -56.9%). In August 2024, the increase in Other Inorganic Acids Salts's year-by-year imports was explained primarily by an increase in imports from Germany (£214k or 44.9%), Denmark (£125k or 129%), and China (£47.9k or 47.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-283k(-12.4%)
IMPORT GROWTH (August 2023 - August 2024)£1.15M(51.4%)
MAIN EXPORTER (August 2024)Felixstowe£805k
MAIN DESTINATION (August 2024)United States£415k

This section shows Other Inorganic Acids Salts'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 Inorganic Acids Salts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.2M
IMPORTS (2022)$23.1M
NET TRADE (2022)$86.1k

In 2022, United Kingdom exported $23.2M in Other Inorganic Acids Salts. The main destinations of United Kingdom exports on Other Inorganic Acids Salts were Germany ($6.68M), North Macedonia ($6.08M), United States ($2.17M), South Korea ($1.2M), and Netherlands ($995k).

In 2022, United Kingdom imported $23.1M in Other Inorganic Acids Salts, mainly from Germany ($5.6M), United States ($4.67M), Netherlands ($3.69M), China ($1.62M), and Denmark ($1.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids Salts EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
North Macedonia$5.05M (491%)
Italy$210k (334%)
United Kingdom$160k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids Salts BY United Kingdom WERE (2021 - 2022):
Germany-$3.27M (-32.9%)
China-$2.27M (-74.6%)
Netherlands-$1.57M (-61.2%)
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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 Inorganic Acids Salts were:
China $368M
Germany $290M
Netherlands $175M
In 2022, United Kingdom's main importing competitors in Other Inorganic Acids Salts were:
United States $181M
Netherlands $169M
China $140M

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Trade Value of Other Inorganic Acids Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.1M
TOP IMPORT POTENTIALGermany+ $1.77M

Other Inorganic Acids Salts’s highest export potential is United States. With an export gap of $1.1M.   Other Inorganic Acids Salts’s highest import potential is Germany with an import gap of $1.77M.

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