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2022
Exports $6.66MWorld Rnk 43 / 131
Flag Rnk 920 / 1216
2022
Destination $420k Ireland
2021 - 2022
FASTEST GROWING MARKET $420kPoland
2022
PRODUCT COMPLEXITY IN Rubber-2.24Rnk 1010 / 1025
2022
Imports $48.9MWorld Rnk 39 / 192
Flag Rnk 747 / 1214
2022
Origin $2.55M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $2.55MIndonesia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $6.66M in Rubber, making it the 43rd largest exporter of Rubber in the world. At the same year, Rubber was the 920th most exported product in United Kingdom. The main destination of Rubber exports from United Kingdom are: Ireland ($650k), United States ($491k), Poland ($486k), India ($457k), and Serbia ($413k).

The fastest growing export markets for Rubber of United Kingdom between 2021 and 2022 were Poland ($420k), India ($296k), and Sri Lanka ($269k).

Imports In 2022, United Kingdom imported $48.9M in Rubber, becoming the 39th largest importer of Rubber in the world. At the same year, Rubber was the 747th most imported product in United Kingdom. United Kingdom imports Rubber primarily from: Indonesia ($13.4M), Thailand ($11.7M), Vietnam ($5.05M), Malaysia ($4.83M), and Cote d'Ivoire ($3.87M).

The fastest growing import markets in Rubber for United Kingdom between 2021 and 2022 were Indonesia ($2.55M), Malaysia ($1.21M), and Cote d'Ivoire ($1.15M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Rubber exports accounted up to £609k and imports accounted up to £2.82M, resulting in a negative trade balance of £2.21M. Between June 2023 and June 2024 the exports of United Kingdom's   Rubber have increased by £145k (31.2%) from £464k to £609k, while imports decreased by £-223k (-7.33%) from £3.05M to £2.82M.

Destinations In June 2024, Rubber were exported mostly to Belgium (£269k), Germany (£81.2k), Egypt (£62.3k), Poland (£27.4k), and Ireland (£22.9k), and were imported mostly from Indonesia (£828k), Malaysia (£538k), Italy (£383k), Germany (£306k), and Vietnam (£259k).

Growth In June 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to India (£57.7k or 2.24k%), Ireland (£32.2k or 233%), and Netherlands (£8.04k or 131%). In June 2024, the decrease in Rubber's year-by-year imports was explained primarily by a decrease in imports from Malaysia (£-342k or -48.6%), Indonesia (£-280k or -52.9%), and Ghana (£-61.4k or -46.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£145k(31.2%)
IMPORT GROWTH (June 2023 - June 2024)£-223k(-7.33%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£381k
MAIN DESTINATION (June 2024)Belgium£269k

This section shows 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 Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.66M
IMPORTS (2022)$48.9M
NET TRADE (2022)-$42.3M

In 2022, United Kingdom exported $6.66M in Rubber. The main destinations of United Kingdom exports on Rubber were Ireland ($650k), United States ($491k), Poland ($486k), India ($457k), and Serbia ($413k).

In 2022, United Kingdom imported $48.9M in Rubber, mainly from Indonesia ($13.4M), Thailand ($11.7M), Vietnam ($5.05M), Malaysia ($4.83M), and Cote d'Ivoire ($3.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Poland$420k (637%)
India$296k (185%)
Sri Lanka$269k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY United Kingdom WERE (2021 - 2022):
Slovakia-$489k (-99.5%)
Germany-$396k (-53%)
Jamaica-$395k (-100%)
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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 Rubber were:
Thailand $5.47B
Indonesia $4.17B
Cote d'Ivoire $2.11B
In 2022, United Kingdom's main importing competitors in Rubber were:
China $3.82B
United States $2.06B
Malaysia $1.42B

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $806k
TOP IMPORT POTENTIALIndonesia+ $6.23M

Rubber’s highest export potential is United States. With an export gap of $806k.   Rubber’s highest import potential is Indonesia with an import gap of $6.23M.

See methodology.

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