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2022
Exports $481MWorld Rnk 13 / 202
Flag Rnk 149 / 1216
2022
Destination $6.77M Ireland
2021 - 2022
FASTEST GROWING MARKET $6.77MNetherlands
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings-0.62Rnk 736 / 1025
2022
Imports $1.01BWorld Rnk 2 / 225
Flag Rnk 129 / 1214
2022
Origin $11.4M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $11.4MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $481M in Sauces and Seasonings, making it the 13th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 149th most exported product in United Kingdom. The main destination of Sauces and Seasonings exports from United Kingdom are: Ireland ($107M), Netherlands ($64.3M), France ($42.9M), Spain ($23.7M), and United States ($23.5M).

The fastest growing export markets for Sauces and Seasonings of United Kingdom between 2021 and 2022 were Netherlands ($6.77M), Ireland ($6.37M), and United States ($4.71M).

Imports In 2022, United Kingdom imported $1.01B in Sauces and Seasonings, becoming the 2nd largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 129th most imported product in United Kingdom. United Kingdom imports Sauces and Seasonings primarily from: Netherlands ($252M), Italy ($121M), Poland ($95.1M), Spain ($71M), and Germany ($64.2M).

The fastest growing import markets in Sauces and Seasonings for United Kingdom between 2021 and 2022 were Netherlands ($11.4M), Ireland ($9.71M), and Italy ($8.69M).

COMPANIES In 2023, leading companies such as Amazon (2) and J.C. Bamford (1) were at the forefront of shipping Sauces and Seasonings from United Kingdom to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Sauces and Seasonings exports accounted up to £40.6M and imports accounted up to £98.9M, resulting in a negative trade balance of £58.3M. Between October 2023 and October 2024 the exports of United Kingdom's   Sauces and Seasonings have increased by £4.59M (12.8%) from £36M to £40.6M, while imports increased by £5.89M (6.34%) from £93M to £98.9M.

Destinations In October 2024, Sauces and Seasonings were exported mostly to Ireland (£10.4M), France (£3.82M), Netherlands (£3.52M), Spain (£2.33M), and Belgium (£2.02M), and were imported mostly from Netherlands (£24.5M), Italy (£10.6M), Belgium (£8.49M), Poland (£6.55M), and Spain (£5.84M).

Growth In October 2024, the increase in Sauces and Seasonings's year-by-year exports was explained primarily by an increase in exports to Ireland (£2.69M or 54.4%), United States (£1.62M or 216%), and Netherlands (£1.55M or 55.6%). In October 2024, the increase in Sauces and Seasonings's year-by-year imports was explained primarily by an increase in imports from Belgium (£4.3M or 226%), France (£1.67M or 49.3%), and Poland (£1.6M or 27.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)£4.59M(12.8%)
IMPORT GROWTH (October 2023 - October 2024)£5.89M(6.34%)
MAIN EXPORTER (October 2024)Dover Eurotunnel£11.6M
MAIN DESTINATION (October 2024)Ireland£10.4M

This section shows Sauces and Seasonings'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 Sauces and Seasonings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$481M
IMPORTS (2022)$1.01B
NET TRADE (2022)-$534M

In 2022, United Kingdom exported $481M in Sauces and Seasonings. The main destinations of United Kingdom exports on Sauces and Seasonings were Ireland ($107M), Netherlands ($64.3M), France ($42.9M), Spain ($23.7M), and United States ($23.5M).

In 2022, United Kingdom imported $1.01B in Sauces and Seasonings, mainly from Netherlands ($252M), Italy ($121M), Poland ($95.1M), Spain ($71M), and Germany ($64.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$6.77M (11.8%)
Ireland$6.37M (6.31%)
United States$4.71M (25.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY United Kingdom WERE (2021 - 2022):
France-$6.64M (-13.4%)
Belgium-$2.98M (-13.2%)
Canada-$1.68M (-17.3%)
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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 Sauces and Seasonings were:
United States $2.15B
China $2.05B
Italy $1.54B
In 2022, United Kingdom's main importing competitors in Sauces and Seasonings were:
United States $2.23B
France $968M

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18M
TOP IMPORT POTENTIALChina+ $23.5M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $18M.   Sauces and Seasonings’s highest import potential is China with an import gap of $23.5M.

See methodology.

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