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2023
Exports $963MWorld Rnk 5 / 198
Flag Rnk 78 / 1216
2023
Destination $14.6M India
2022 - 2023
FASTEST GROWING MARKET $14.6MMalaysia
2023
PRODUCT COMPLEXITY IN Scrap Aluminium-0.71Rnk 761 / 1025
2023
Imports $152MWorld Rnk 31 / 152
Flag Rnk 500 / 1214
2023
Origin $3.34M Germany
2022 - 2023
FASTEST GROWING ORIGIN $3.34MFinland
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $963M in Scrap Aluminium, making it the 5th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 78th most exported product in United Kingdom. The main destination of Scrap Aluminium exports from United Kingdom are: India ($305M), China ($132M), Hong Kong ($105M), Germany ($98.5M), and Thailand ($56.2M).

The fastest growing export markets for Scrap Aluminium of United Kingdom between 2022 and 2023 were Malaysia ($14.6M), Chinese Taipei ($6.5M), and Poland ($5.36M).

Imports In 2023, United Kingdom imported $152M in Scrap Aluminium, becoming the 31st largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 500th most imported product in United Kingdom. United Kingdom imports Scrap Aluminium primarily from: Germany ($23.2M), Norway ($21.3M), Ireland ($18.8M), Spain ($17.3M), and Greece ($12.7M).

The fastest growing import markets in Scrap Aluminium for United Kingdom between 2022 and 2023 were Finland ($3.34M), Australia ($1.77M), and Spain ($1.76M).

COMPANIES In 2023, leading companies such as Pirelli Tires (11) and J.C. Bamford (1) were at the forefront of shipping Scrap Aluminium from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Scrap Aluminium exports accounted up to £76.1M and imports accounted up to £9.1M, resulting in a positive trade balance of £67M. Between November 2023 and November 2024 the exports of United Kingdom's   Scrap Aluminium have increased by £7.4M (10.8%) from £68.7M to £76.1M, while imports decreased by £-1.98M (-17.8%) from £11.1M to £9.1M.

Destinations In November 2024, Scrap Aluminium were exported mostly to India (£22.1M), Hong Kong (£9.22M), China (£8.61M), Thailand (£7.79M), and Germany (£6.61M), and were imported mostly from Greece (£1.7M), Ireland (£1.62M), Australia (£1.07M), Norway (£806k), and Iceland (£713k).

Growth In November 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to Germany (£13.8M or 363%), Thailand (£6.17M or 293%), and India (£3.17M or 24%). In November 2024, the decrease in Scrap Aluminium's year-by-year imports was explained primarily by a decrease in imports from United States (£-400k or -76.3%), Luxembourg (£-354k or -86.9%), and Hong Kong (£-313k or -88.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£7.4M(10.8%)
IMPORT GROWTH (November 2023 - November 2024)£-1.98M(-17.8%)
MAIN EXPORTER (November 2024)Felixstowe£42.8M
MAIN DESTINATION (November 2024)India£22.1M

This section shows Scrap 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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$963M
IMPORTS (2023)$152M
NET TRADE (2023)$810M

In 2023, United Kingdom exported $963M in Scrap Aluminium. The main destinations of United Kingdom exports on Scrap Aluminium were India ($305M), China ($132M), Hong Kong ($105M), Germany ($98.5M), and Thailand ($56.2M).

In 2023, United Kingdom imported $152M in Scrap Aluminium, mainly from Germany ($23.2M), Norway ($21.3M), Ireland ($18.8M), Spain ($17.3M), and Greece ($12.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Malaysia$14.6M (181%)
Chinese Taipei$6.5M (75.2%)
Poland$5.36M (55.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY United Kingdom WERE (2022 - 2023):
Hong Kong-$68.1M (-39.3%)
India-$66.9M (-18%)
China-$52.6M (-28.5%)
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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 Scrap Aluminium were:
United States $3.45B
Germany $2.06B
Canada $1.2B
In 2023, United Kingdom's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $40.6M
TOP IMPORT POTENTIALGermany+ $12M

Scrap Aluminium’s highest export potential is China. With an export gap of $40.6M.   Scrap Aluminium’s highest import potential is Germany with an import gap of $12M.

See methodology.

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