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2022
Exports $27.6MWorld Rnk 26 / 153
Flag Rnk 675 / 1216
2022
Destination $4.11M Denmark
2021 - 2022
FASTEST GROWING MARKET $4.11MDenmark
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils-1.26Rnk 899 / 1025
2022
Imports $99.2MWorld Rnk 19 / 214
Flag Rnk 594 / 1214
2022
Origin $10.2M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $10.2MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $27.6M in Other Vegetable Oils, making it the 26th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 675th most exported product in United Kingdom. The main destination of Other Vegetable Oils exports from United Kingdom are: Denmark ($4.65M), Ireland ($4M), France ($3.47M), Germany ($2.59M), and Spain ($2.59M).

The fastest growing export markets for Other Vegetable Oils of United Kingdom between 2021 and 2022 were Denmark ($4.11M), Germany ($1.16M), and United States ($1.11M).

Imports In 2022, United Kingdom imported $99.2M in Other Vegetable Oils, becoming the 19th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 594th most imported product in United Kingdom. United Kingdom imports Other Vegetable Oils primarily from: Netherlands ($20.6M), Malaysia ($13.3M), Ireland ($12M), Germany ($9.85M), and China ($8.12M).

The fastest growing import markets in Other Vegetable Oils for United Kingdom between 2021 and 2022 were Ireland ($10.2M), Malaysia ($8.23M), and China ($8.11M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Vegetable Oils exports accounted up to £1.31M and imports accounted up to £6.16M, resulting in a negative trade balance of £4.85M. Between June 2023 and June 2024 the exports of United Kingdom's   Other Vegetable Oils have decreased by £-609k (-31.8%) from £1.92M to £1.31M, while imports increased by £1.55M (33.5%) from £4.61M to £6.16M.

Destinations In June 2024, Other Vegetable Oils were exported mostly to Germany (£423k), France (£273k), Ireland (£150k), Netherlands (£101k), and Bulgaria (£88k), and were imported mostly from Netherlands (£2.51M), Germany (£881k), Norway (£760k), China (£530k), and Belgium (£509k).

Growth In June 2024, the decrease in Other Vegetable Oils's year-by-year exports was explained primarily by a decrease in exports to Spain (£-396k or -90%), Ireland (£-285k or -58.6%), and Poland (£-105k or -92.4%). In June 2024, the increase in Other Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Netherlands (£1.42M or 64.3%), Germany (£410k or 51.5%), and Ireland (£303k or 531%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-609k(-31.8%)
IMPORT GROWTH (June 2023 - June 2024)£1.55M(33.5%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£1.37M
MAIN DESTINATION (June 2024)Germany£423k

This section shows Other 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 Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.6M
IMPORTS (2022)$99.2M
NET TRADE (2022)-$71.6M

In 2022, United Kingdom exported $27.6M in Other Vegetable Oils. The main destinations of United Kingdom exports on Other Vegetable Oils were Denmark ($4.65M), Ireland ($4M), France ($3.47M), Germany ($2.59M), and Spain ($2.59M).

In 2022, United Kingdom imported $99.2M in Other Vegetable Oils, mainly from Netherlands ($20.6M), Malaysia ($13.3M), Ireland ($12M), Germany ($9.85M), and China ($8.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Denmark$4.11M (771%)
Germany$1.16M (80.6%)
United States$1.11M (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY United Kingdom WERE (2021 - 2022):
Netherlands-$3.2M (-78.9%)
South Korea-$2.93M (-84.9%)
China-$1.7M (-83.1%)
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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 Vegetable Oils were:
Malaysia $1.66B
Indonesia $1.52B
Netherlands $424M
In 2022, United Kingdom's main importing competitors in Other Vegetable Oils were:
China $786M
Netherlands $515M
United States $325M

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.38M
TOP IMPORT POTENTIALGermany+ $3.33M

Other Vegetable Oils’s highest export potential is Germany. With an export gap of $1.38M.   Other Vegetable Oils’s highest import potential is Germany with an import gap of $3.33M.

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