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Pricing

2022
Exports $5.1MWorld Rnk 14 / 88
Flag Rnk 954 / 1216
2022
Destination $1.7M Morocco
2021 - 2022
FASTEST GROWING MARKET $1.7MMorocco
2022
Imports $8.98MWorld Rnk 11 / 176
Flag Rnk 1020 / 1214
2022
Origin $167k China
2021 - 2022
FASTEST GROWING ORIGIN $167kAustralia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $5.1M in Reclaimed Rubber, making it the 14th largest exporter of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 954th most exported product in United Kingdom. The main destination of Reclaimed Rubber exports from United Kingdom are: Morocco ($1.85M), Ireland ($519k), Germany ($435k), United States ($389k), and France ($259k).

The fastest growing export markets for Reclaimed Rubber of United Kingdom between 2021 and 2022 were Morocco ($1.7M), United States ($235k), and Spain ($140k).

Imports In 2022, United Kingdom imported $8.98M in Reclaimed Rubber, becoming the 11th largest importer of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 1020th most imported product in United Kingdom. United Kingdom imports Reclaimed Rubber primarily from: China ($2.56M), Germany ($1.97M), Canada ($1.17M), Netherlands ($904k), and Croatia ($781k).

The fastest growing import markets in Reclaimed Rubber for United Kingdom between 2021 and 2022 were Australia ($167k), Portugal ($58.5k), and Ireland ($37k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Reclaimed Rubber exports accounted up to £466k and imports accounted up to £561k, resulting in a negative trade balance of £95.1k. Between June 2023 and June 2024 the exports of United Kingdom's   Reclaimed Rubber have decreased by £-66.4k (-12.5%) from £532k to £466k, while imports decreased by £-113k (-16.7%) from £673k to £561k.

Destinations In June 2024, Reclaimed Rubber were exported mostly to Morocco (£152k), Saudi Arabia (£123k), Germany (£60.1k), Ireland (£22.7k), and France (£16k), and were imported mostly from Germany (£198k), Denmark (£98.8k), China (£63.3k), Croatia (£54.5k), and India (£35.8k).

Growth In June 2024, the decrease in Reclaimed Rubber's year-by-year exports was explained primarily by a decrease in exports to Norway (£-19k or -94.1%), Denmark (£-11.7k or -66%), and Germany (£-7.81k or -18.1%). In June 2024, the decrease in Reclaimed Rubber's year-by-year imports was explained primarily by a decrease in imports from China (£-381k or -93.8%), Germany (£-17.3k or -9.79%), and Croatia (£-10.3k or -23.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-66.4k(-12.5%)
IMPORT GROWTH (June 2023 - June 2024)£-113k(-16.7%)
MAIN EXPORTER (June 2024)Hull£368k
MAIN DESTINATION (June 2024)Morocco£152k

This section shows Reclaimed Rubber'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 Reclaimed Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.1M
IMPORTS (2022)$8.98M
NET TRADE (2022)-$3.88M

In 2022, United Kingdom exported $5.1M in Reclaimed Rubber. The main destinations of United Kingdom exports on Reclaimed Rubber were Morocco ($1.85M), Ireland ($519k), Germany ($435k), United States ($389k), and France ($259k).

In 2022, United Kingdom imported $8.98M in Reclaimed Rubber, mainly from China ($2.56M), Germany ($1.97M), Canada ($1.17M), Netherlands ($904k), and Croatia ($781k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Reclaimed Rubber EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Morocco$1.7M (1.16k%)
United States$235k (153%)
Spain$140k (364%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reclaimed Rubber BY United Kingdom WERE (2021 - 2022):
Netherlands-$299k (-67%)
France-$165k (-38.8%)
Ireland-$130k (-20.1%)
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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 Reclaimed Rubber were:
India $105M
China $78.1M
Canada $61.7M
In 2022, United Kingdom's main importing competitors in Reclaimed Rubber were:
United States $87.9M
China $68M
Thailand $18.8M

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Trade Value of Reclaimed Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $288k
TOP IMPORT POTENTIALIndia+ $445k

Reclaimed Rubber’s highest export potential is United States. With an export gap of $288k.   Reclaimed Rubber’s highest import potential is India with an import gap of $445k.

See methodology.

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