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2022
Exports $16.7MWorld Rnk 18 / 161
Flag Rnk 768 / 1216
2022
Destination $1.47M Switzerland
2021 - 2022
FASTEST GROWING MARKET $1.47MChinese Taipei
2022
PRODUCT COMPLEXITY IN Pearl Products-0.51Rnk 707 / 1025
2022
Imports $50.8MWorld Rnk 10 / 200
Flag Rnk 739 / 1214
2022
Origin $5.09M China
2021 - 2022
FASTEST GROWING ORIGIN $5.09MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $16.7M in Pearl Products, making it the 18th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 768th most exported product in United Kingdom. The main destination of Pearl Products exports from United Kingdom are: Switzerland ($4.94M), United States ($2.58M), Chinese Taipei ($1.48M), Hong Kong ($1.45M), and France ($1.3M).

The fastest growing export markets for Pearl Products of United Kingdom between 2021 and 2022 were Chinese Taipei ($1.47M), France ($1.11M), and Italy ($867k).

Imports In 2022, United Kingdom imported $50.8M in Pearl Products, becoming the 10th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 739th most imported product in United Kingdom. United Kingdom imports Pearl Products primarily from: China ($15.3M), United States ($9.76M), Thailand ($7.58M), Vietnam ($4.17M), and India ($1.76M).

The fastest growing import markets in Pearl Products for United Kingdom between 2021 and 2022 were China ($5.09M), Thailand ($2.27M), and Belgium ($1.12M).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Pearl Products from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Pearl Products exports accounted up to £753k and imports accounted up to £4.08M, resulting in a negative trade balance of £3.33M. Between August 2023 and August 2024 the exports of United Kingdom's   Pearl Products have decreased by £-11.8k (-1.54%) from £765k to £753k, while imports decreased by £-586k (-12.5%) from £4.67M to £4.08M.

Destinations In August 2024, Pearl Products were exported mostly to Netherlands (£362k), United States (£154k), Italy (£120k), Germany (£38.7k), and Ireland (£25.4k), and were imported mostly from Belgium (£1.9M), United States (£474k), China (£408k), France (£407k), and Hong Kong (£269k).

Growth In August 2024, the decrease in Pearl Products's year-by-year exports was explained primarily by a decrease in exports to France (£-1.19M or -98%), Netherlands (£-37.5k or -77.9%), and South Korea (£-18.8k or -36.3%). In August 2024, the decrease in Pearl Products's year-by-year imports was explained primarily by a decrease in imports from Switzerland (£-1.02M or -99.6%), Hong Kong (£-265k or -61.5%), and China (£-162k or -43.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-11.8k(-1.54%)
IMPORT GROWTH (August 2023 - August 2024)£-586k(-12.5%)
MAIN EXPORTER (August 2024)London Heathrow Airport£728k
MAIN DESTINATION (August 2024)Netherlands£362k

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.7M
IMPORTS (2022)$50.8M
NET TRADE (2022)-$34.1M

In 2022, United Kingdom exported $16.7M in Pearl Products. The main destinations of United Kingdom exports on Pearl Products were Switzerland ($4.94M), United States ($2.58M), Chinese Taipei ($1.48M), Hong Kong ($1.45M), and France ($1.3M).

In 2022, United Kingdom imported $50.8M in Pearl Products, mainly from China ($15.3M), United States ($9.76M), Thailand ($7.58M), Vietnam ($4.17M), and India ($1.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Chinese Taipei$1.47M (11.9k%)
France$1.11M (569%)
Italy$867k (626%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY United Kingdom WERE (2021 - 2022):
Japan-$1.48M (-96.4%)
Switzerland-$533k (-9.74%)
Netherlands-$406k (-37.1%)
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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 Pearl Products were:
China $424M
United States $313M
Thailand $162M
In 2022, United Kingdom's main importing competitors in Pearl Products were:
United States $358M
Hong Kong $187M
China $141M

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.06M
TOP IMPORT POTENTIALFrance+ $1.09M

Pearl Products’s highest export potential is United States. With an export gap of $1.06M.   Pearl Products’s highest import potential is France with an import gap of $1.09M.

See methodology.

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