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Pricing

2022
Exports $8.14MWorld Rnk 17 / 84
Flag Rnk 884 / 1216
2022
Destination $197k Denmark
2021 - 2022
FASTEST GROWING MARKET $197kHong Kong
2022
Imports $1.3MWorld Rnk 21 / 90
Flag Rnk 1161 / 1214
2022
Origin $448k New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $448kNew Zealand
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $8.14M in Pharmaceutical Animal Products, making it the 17th largest exporter of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 884th most exported product in United Kingdom. The main destination of Pharmaceutical Animal Products exports from United Kingdom are: Denmark ($7.16M), Hong Kong ($542k), Italy ($235k), Ireland ($85k), and China ($39.8k).

The fastest growing export markets for Pharmaceutical Animal Products of United Kingdom between 2021 and 2022 were Hong Kong ($197k), Ireland ($34.6k), and Cyprus ($33.4k).

Imports In 2022, United Kingdom imported $1.3M in Pharmaceutical Animal Products, becoming the 21st largest importer of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 1161st most imported product in United Kingdom. United Kingdom imports Pharmaceutical Animal Products primarily from: New Zealand ($888k), France ($229k), Italy ($146k), Germany ($10.7k), and Ireland ($9.32k).

The fastest growing import markets in Pharmaceutical Animal Products for United Kingdom between 2021 and 2022 were New Zealand ($448k), France ($182k), and Italy ($110k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Pharmaceutical Animal Products exports accounted up to £25k and imports accounted up to £175k, resulting in a negative trade balance of £150k. Between June 2023 and June 2024 the exports of United Kingdom's   Pharmaceutical Animal Products have decreased by £-353k (-93.4%) from £378k to £25k, while imports increased by £9.07k (5.47%) from £166k to £175k.

Destinations In June 2024, Pharmaceutical Animal Products were exported mostly to Ireland (£20.1k) and Italy (£4.88k), and were imported mostly from New Zealand (£175k).

Growth In June 2024, the decrease in Pharmaceutical Animal Products's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Pharmaceutical Animal Products's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-353k(-93.4%)
IMPORT GROWTH (June 2023 - June 2024)£9.07k(5.47%)
MAIN EXPORTER (June 2024)Immingham£127k
MAIN DESTINATION (June 2024)Ireland£20.1k

This section shows Pharmaceutical Animal 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 Pharmaceutical Animal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.14M
IMPORTS (2022)$1.3M
NET TRADE (2022)$6.85M

In 2022, United Kingdom exported $8.14M in Pharmaceutical Animal Products. The main destinations of United Kingdom exports on Pharmaceutical Animal Products were Denmark ($7.16M), Hong Kong ($542k), Italy ($235k), Ireland ($85k), and China ($39.8k).

In 2022, United Kingdom imported $1.3M in Pharmaceutical Animal Products, mainly from New Zealand ($888k), France ($229k), Italy ($146k), Germany ($10.7k), and Ireland ($9.32k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Animal Products EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Hong Kong$197k (57%)
Ireland$34.6k (68.6%)
Cyprus$33.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Animal Products BY United Kingdom WERE (2021 - 2022):
Denmark-$3.41M (-32.3%)
United States-$178k (-100%)
Italy-$52.9k (-18.4%)
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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 Pharmaceutical Animal Products were:
Brazil $116M
Russia $33.7M
Hong Kong $26.7M
In 2022, United Kingdom's main importing competitors in Pharmaceutical Animal Products were:
Hong Kong $130M
South Korea $76.6M
Germany $28.3M

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Trade Value of Pharmaceutical Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $99.5k
TOP IMPORT POTENTIALFrance+ $39.3k

Pharmaceutical Animal Products’s highest export potential is Italy. With an export gap of $99.5k.   Pharmaceutical Animal Products’s highest import potential is France with an import gap of $39.3k.

See methodology.

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