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2022
Exports $13.9MWorld Rnk 19 / 175
Flag Rnk 799 / 1216
2022
Destination $121k Ireland
2021 - 2022
FASTEST GROWING MARKET $121kChina
2022
PRODUCT COMPLEXITY IN Pencils and Crayons-0.17Rnk 604 / 1025
2022
Imports $53.9MWorld Rnk 4 / 214
Flag Rnk 726 / 1214
2022
Origin $1.24M China
2021 - 2022
FASTEST GROWING ORIGIN $1.24MVietnam
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $13.9M in Pencils and Crayons, making it the 19th largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 799th most exported product in United Kingdom. The main destination of Pencils and Crayons exports from United Kingdom are: Ireland ($2.71M), United States ($2.52M), Netherlands ($1.02M), France ($1.02M), and Germany ($688k).

The fastest growing export markets for Pencils and Crayons of United Kingdom between 2021 and 2022 were China ($121k), United Arab Emirates ($73.2k), and Mexico ($71.3k).

Imports In 2022, United Kingdom imported $53.9M in Pencils and Crayons, becoming the 4th largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 726th most imported product in United Kingdom. United Kingdom imports Pencils and Crayons primarily from: China ($28M), Germany ($11.8M), France ($2.07M), United States ($1.67M), and Vietnam ($1.37M).

The fastest growing import markets in Pencils and Crayons for United Kingdom between 2021 and 2022 were Vietnam ($1.24M), Mexico ($148k), and Canada ($110k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Pencils and Crayons exports accounted up to £1.14M and imports accounted up to £5.41M, resulting in a negative trade balance of £4.27M. Between June 2023 and June 2024 the exports of United Kingdom's   Pencils and Crayons have increased by £229k (25.1%) from £914k to £1.14M, while imports increased by £371k (7.36%) from £5.04M to £5.41M.

Destinations In June 2024, Pencils and Crayons were exported mostly to Ireland (£248k), Netherlands (£142k), Spain (£103k), United States (£78.8k), and Brazil (£76.2k), and were imported mostly from Germany (£2.43M), China (£1.87M), France (£341k), United States (£243k), and Switzerland (£138k).

Growth In June 2024, the increase in Pencils and Crayons's year-by-year exports was explained primarily by an increase in exports to France (£185k or 3.75k%), United States (£70.8k or 87.9%), and South Korea (£67.2k or 1.63k%). In June 2024, the increase in Pencils and Crayons's year-by-year imports was explained primarily by an increase in imports from France (£155k or 73.3%), Netherlands (£92.4k or 102%), and Spain (£24.2k or 518%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£229k(25.1%)
IMPORT GROWTH (June 2023 - June 2024)£371k(7.36%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£406k
MAIN DESTINATION (June 2024)Ireland£248k

This section shows Pencils and Crayons'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 Pencils and Crayons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.9M
IMPORTS (2022)$53.9M
NET TRADE (2022)-$40M

In 2022, United Kingdom exported $13.9M in Pencils and Crayons. The main destinations of United Kingdom exports on Pencils and Crayons were Ireland ($2.71M), United States ($2.52M), Netherlands ($1.02M), France ($1.02M), and Germany ($688k).

In 2022, United Kingdom imported $53.9M in Pencils and Crayons, mainly from China ($28M), Germany ($11.8M), France ($2.07M), United States ($1.67M), and Vietnam ($1.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$121k (128%)
United Arab Emirates$73.2k (55.8%)
Mexico$71.3k (61.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY United Kingdom WERE (2021 - 2022):
Australia-$863k (-56.9%)
Netherlands-$801k (-43.9%)
Lithuania-$674k (-94.7%)
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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 Pencils and Crayons were:
China $911M
Germany $174M
Brazil $91.2M
In 2022, United Kingdom's main importing competitors in Pencils and Crayons were:
United States $377M
Germany $131M
France $63M

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.13M
TOP IMPORT POTENTIALChina+ $1.36M

Pencils and Crayons’s highest export potential is United States. With an export gap of $1.13M.   Pencils and Crayons’s highest import potential is China with an import gap of $1.36M.

See methodology.

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