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2022
Exports $145MWorld Rnk 12 / 186
Flag Rnk 331 / 1216
2022
Destination $42.7M Ireland
2021 - 2022
FASTEST GROWING MARKET $42.7MIreland
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils-0.9Rnk 810 / 1025
2022
Imports $102MWorld Rnk 16 / 221
Flag Rnk 589 / 1214
2022
Origin $9.81M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $9.81MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $145M in Other Pure Vegetable Oils, making it the 12th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 331st most exported product in United Kingdom. The main destination of Other Pure Vegetable Oils exports from United Kingdom are: Ireland ($55.9M), Germany ($17.7M), Netherlands ($16.2M), United States ($12.9M), and France ($9.28M).

The fastest growing export markets for Other Pure Vegetable Oils of United Kingdom between 2021 and 2022 were Ireland ($42.7M), United States ($2.96M), and France ($2.11M).

Imports In 2022, United Kingdom imported $102M in Other Pure Vegetable Oils, becoming the 16th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 589th most imported product in United Kingdom. United Kingdom imports Other Pure Vegetable Oils primarily from: Ireland ($14.6M), Belgium ($14.4M), India ($9.07M), Netherlands ($7.59M), and Mexico ($7.16M).

The fastest growing import markets in Other Pure Vegetable Oils for United Kingdom between 2021 and 2022 were Ireland ($9.81M), Belgium ($2.02M), and Spain ($1.84M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Pure Vegetable Oils exports accounted up to £5.33M and imports accounted up to £8.99M, resulting in a negative trade balance of £3.66M. Between June 2023 and June 2024 the exports of United Kingdom's   Other Pure Vegetable Oils have decreased by £-1.38M (-20.6%) from £6.72M to £5.33M, while imports increased by £1.81M (25.2%) from £7.18M to £8.99M.

Destinations In June 2024, Other Pure Vegetable Oils were exported mostly to Ireland (£1.89M), Germany (£771k), France (£715k), United States (£444k), and Switzerland (£293k), and were imported mostly from India (£1.71M), Netherlands (£1.25M), Ireland (£877k), Spain (£873k), and Mexico (£512k).

Growth In June 2024, the decrease in Other Pure Vegetable Oils's year-by-year exports was explained primarily by a decrease in exports to Norway (£-1.3M or -84.3%), France (£-338k or -79.1%), and China (£-158k or -93.6%). In June 2024, the increase in Other Pure Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Ireland (£957k or 3.29k%), Mexico (£834k or 297%), and Sweden (£288k or 198%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-1.38M(-20.6%)
IMPORT GROWTH (June 2023 - June 2024)£1.81M(25.2%)
MAIN EXPORTER (June 2024)Immingham£4.86M
MAIN DESTINATION (June 2024)Ireland£1.89M

This section shows Other Pure Vegetable Oils'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 Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$145M
IMPORTS (2022)$102M
NET TRADE (2022)$43.6M

In 2022, United Kingdom exported $145M in Other Pure Vegetable Oils. The main destinations of United Kingdom exports on Other Pure Vegetable Oils were Ireland ($55.9M), Germany ($17.7M), Netherlands ($16.2M), United States ($12.9M), and France ($9.28M).

In 2022, United Kingdom imported $102M in Other Pure Vegetable Oils, mainly from Ireland ($14.6M), Belgium ($14.4M), India ($9.07M), Netherlands ($7.59M), and Mexico ($7.16M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$42.7M (325%)
United States$2.96M (29.8%)
France$2.11M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY United Kingdom WERE (2021 - 2022):
Norway-$4.66M (-61.4%)
Canada-$4.17M (-38%)
Russia-$766k (-77.9%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Other Pure Vegetable Oils were:
India $1.28B
United States $905M
Mexico $308M
In 2022, United Kingdom's main importing competitors in Other Pure Vegetable Oils were:
United States $868M
China $620M
Kuwait $416M

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.17M
TOP IMPORT POTENTIALIndia+ $8.38M

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $6.17M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $8.38M.

See methodology.

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