Spice Seeds in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $5.76M in Spice Seeds, making it the 27th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 941st most exported product in United Kingdom. The main destination of Spice Seeds exports from United Kingdom are: Netherlands ($1.17M), Ireland ($861k), Australia ($727k), France ($522k), and South Africa ($442k).

The fastest growing export markets for Spice Seeds of United Kingdom between 2021 and 2022 were Israel ($223k), Serbia ($108k), and Japan ($89.7k).

Imports In 2022, United Kingdom imported $45.2M in Spice Seeds, becoming the 8th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 771st most imported product in United Kingdom. United Kingdom imports Spice Seeds primarily from: India ($20.8M), Turkey ($3.8M), Germany ($2.65M), Vietnam ($2.09M), and Italy ($1.89M).

The fastest growing import markets in Spice Seeds for United Kingdom between 2021 and 2022 were Bulgaria ($1.21M), Germany ($1.13M), and Italy ($627k).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Spice Seeds exports accounted up to £642k and imports accounted up to £4.89M, resulting in a negative trade balance of £4.25M. Between February 2023 and February 2024 the exports of United Kingdom's Spice Seeds have increased by £211k (48.8%) from £432k to £642k, while imports increased by £1.85M (61.1%) from £3.03M to £4.89M.

Destinations In February 2024, Spice Seeds were exported mostly to Netherlands (£310k), South Africa (£95.3k), Ireland (£67.5k), Australia (£56.1k), and Belgium (£26.9k), and were imported mostly from India (£3.21M), Germany (£311k), France (£286k), Turkey (£180k), and Egypt (£165k).

Growth In February 2024, the increase in Spice Seeds's year-by-year exports was explained primarily by an increase in exports to Netherlands (£38.9k or 759%), Ireland (£21.8k or 28.9%), and Switzerland (£15k or 216%). In February 2024, the increase in Spice Seeds's year-by-year imports was explained primarily by an increase in imports from France (£121k or 58.9%), Egypt (£110k or 847%), and Bulgaria (£53k or 58.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£211k(48.8%)

IMPORT GROWTH (February 2023 - February 2024)£1.85M(61.1%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£386k

MAIN DESTINATION (February 2024)Netherlands£310k

This section shows Spice Seeds'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 Spice Seeds over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.76M

IMPORTS (2022)$45.2M

NET TRADE (2022)-$39.5M

In 2022, United Kingdom exported $5.76M in Spice Seeds. The main destinations of United Kingdom exports on Spice Seeds were Netherlands ($1.17M), Ireland ($861k), Australia ($727k), France ($522k), and South Africa ($442k).

In 2022, United Kingdom imported $45.2M in Spice Seeds, mainly from India ($20.8M), Turkey ($3.8M), Germany ($2.65M), Vietnam ($2.09M), and Italy ($1.89M).

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