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2023
Exports $631MWorld Rnk 27 / 156
Flag Rnk 109 / 1216
2023
Destination $41M Germany
2022 - 2023
FASTEST GROWING MARKET $41MGreece
2023
PRODUCT COMPLEXITY IN Raw Aluminium-1.28Rnk 895 / 1025
2023
Imports $403MWorld Rnk 36 / 186
Flag Rnk 289 / 1214
2023
Origin $17.8M United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $17.8MNetherlands
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $631M in Raw Aluminium, making it the 27th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 109th most exported product in United Kingdom. The main destination of Raw Aluminium exports from United Kingdom are: Germany ($394M), Switzerland ($81.9M), Greece ($61.2M), France ($20.9M), and Ireland ($15.9M).

The fastest growing export markets for Raw Aluminium of United Kingdom between 2022 and 2023 were Greece ($41M), Malaysia ($8.53M), and France ($3.4M).

Imports In 2023, United Kingdom imported $403M in Raw Aluminium, becoming the 36th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 289th most imported product in United Kingdom. United Kingdom imports Raw Aluminium primarily from: United Arab Emirates ($75.9M), Iceland ($70M), Netherlands ($54.6M), Norway ($37M), and South Africa ($36.9M).

The fastest growing import markets in Raw Aluminium for United Kingdom between 2022 and 2023 were Netherlands ($17.8M), Oman ($8.8M), and Qatar ($8.31M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Raw Aluminium exports accounted up to £43.1M and imports accounted up to £42.7M, resulting in a positive trade balance of £375k. Between November 2023 and November 2024 the exports of United Kingdom's   Raw Aluminium have decreased by £-148k (-0.34%) from £43.3M to £43.1M, while imports increased by £13.6M (46.6%) from £29.2M to £42.7M.

Destinations In November 2024, Raw Aluminium were exported mostly to Germany (£29.3M), Greece (£3.22M), Switzerland (£3.01M), Ireland (£1.91M), and France (£1.38M), and were imported mostly from Netherlands (£10.2M), United Arab Emirates (£9.3M), South Africa (£7.22M), Iceland (£5.97M), and France (£3.98M).

Growth In November 2024, the decrease in Raw Aluminium's year-by-year exports was explained primarily by a decrease in exports to Germany (£-16.6M or -41.8%), Switzerland (£-2.18M or -30.1%), and Sweden (£-280k or -56%). In November 2024, the increase in Raw Aluminium's year-by-year imports was explained primarily by an increase in imports from India (£4.72M or 324%), United Arab Emirates (£2.54M or 28.9%), and Saudi Arabia (£2.41M or 149%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-148k(-0.34%)
IMPORT GROWTH (November 2023 - November 2024)£13.6M(46.6%)
MAIN EXPORTER (November 2024)Goole£27.8M
MAIN DESTINATION (November 2024)Germany£29.3M

This section shows Raw Aluminium'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 Raw Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$631M
IMPORTS (2023)$403M
NET TRADE (2023)$228M

In 2023, United Kingdom exported $631M in Raw Aluminium. The main destinations of United Kingdom exports on Raw Aluminium were Germany ($394M), Switzerland ($81.9M), Greece ($61.2M), France ($20.9M), and Ireland ($15.9M).

In 2023, United Kingdom imported $403M in Raw Aluminium, mainly from United Arab Emirates ($75.9M), Iceland ($70M), Netherlands ($54.6M), Norway ($37M), and South Africa ($36.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Greece$41M (202%)
Malaysia$8.53M (179%)
France$3.4M (19.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY United Kingdom WERE (2022 - 2023):
Germany-$269M (-40.6%)
Nicaragua-$9.03M (-100%)
Iceland-$7.74M (-99.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Raw Aluminium were:
Canada $8.04B
Russia $6.95B
United Arab Emirates $6.61B
In 2023, United Kingdom's main importing competitors in Raw Aluminium were:
United States $11.9B
Germany $6.45B
China $6.01B

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $20.6M
TOP IMPORT POTENTIALNorway+ $41.1M

Raw Aluminium’s highest export potential is Netherlands. With an export gap of $20.6M.   Raw Aluminium’s highest import potential is Norway with an import gap of $41.1M.

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