Sign In
Pricing

2022
Exports $61.5MWorld Rnk 20 / 91
Flag Rnk 494 / 1216
2022
Destination $8.45M Spain
2021 - 2022
FASTEST GROWING MARKET $8.45MSpain
2022
PRODUCT COMPLEXITY IN Steel Bars0.58Rnk 331 / 1025
2022
Imports $30.5MWorld Rnk 31 / 169
Flag Rnk 839 / 1214
2022
Origin $1.87M Czechia
2021 - 2022
FASTEST GROWING ORIGIN $1.87MSpain
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $61.5M in Steel Bars, making it the 20th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 494th most exported product in United Kingdom. The main destination of Steel Bars exports from United Kingdom are: Spain ($18.8M), Belgium ($14.8M), Germany ($7.91M), France ($3.96M), and Sweden ($3.71M).

The fastest growing export markets for Steel Bars of United Kingdom between 2021 and 2022 were Spain ($8.45M), Hungary ($3.32M), and France ($3.1M).

Imports In 2022, United Kingdom imported $30.5M in Steel Bars, becoming the 31st largest importer of Steel Bars in the world. At the same year, Steel Bars was the 839th most imported product in United Kingdom. United Kingdom imports Steel Bars primarily from: Czechia ($8.89M), France ($6.3M), Germany ($5.15M), Spain ($4.44M), and Netherlands ($3.79M).

The fastest growing import markets in Steel Bars for United Kingdom between 2021 and 2022 were Spain ($1.87M), Germany ($443k), and United States ($111k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Steel Bars exports accounted up to £2.83M and imports accounted up to £1.71M, resulting in a positive trade balance of £1.12M. Between June 2023 and June 2024 the exports of United Kingdom's   Steel Bars have decreased by £-1.35M (-32.3%) from £4.18M to £2.83M, while imports decreased by £-90.6k (-5.04%) from £1.8M to £1.71M.

Destinations In June 2024, Steel Bars were exported mostly to Belgium (£1.02M), Germany (£509k), Spain (£424k), Sweden (£285k), and Chinese Taipei (£282k), and were imported mostly from Germany (£551k), Japan (£431k), Spain (£215k), France (£180k), and Netherlands (£144k).

Growth In June 2024, the decrease in Steel Bars's year-by-year exports was explained primarily by a decrease in exports to Italy (£-522k or -72.8%), Germany (£-398k or -49.9%), and Spain (£-203k or -15.3%). In June 2024, the decrease in Steel Bars's year-by-year imports was explained primarily by a decrease in imports from Poland (£-255k or -33.3%), France (£-189k or -38.4%), and Germany (£-137k or -76.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-1.35M(-32.3%)
IMPORT GROWTH (June 2023 - June 2024)£-90.6k(-5.04%)
MAIN EXPORTER (June 2024)Immingham£2.15M
MAIN DESTINATION (June 2024)Belgium£1.02M

This section shows Steel Bars'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 Steel Bars over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$61.5M
IMPORTS (2022)$30.5M
NET TRADE (2022)$31M

In 2022, United Kingdom exported $61.5M in Steel Bars. The main destinations of United Kingdom exports on Steel Bars were Spain ($18.8M), Belgium ($14.8M), Germany ($7.91M), France ($3.96M), and Sweden ($3.71M).

In 2022, United Kingdom imported $30.5M in Steel Bars, mainly from Czechia ($8.89M), France ($6.3M), Germany ($5.15M), Spain ($4.44M), and Netherlands ($3.79M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Spain$8.45M (81.4%)
Hungary$3.32M (1%)
France$3.1M (361%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY United Kingdom WERE (2021 - 2022):
Germany-$9.23M (-53.9%)
Chinese Taipei-$6.58M (-86.6%)
Netherlands-$2.38M (-83.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Steel Bars were:
China $915M
Japan $657M
Germany $601M
In 2022, United Kingdom's main importing competitors in Steel Bars were:
United States $602M
Germany $427M
Thailand $392M

Explore Visualizations

Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.39M
TOP IMPORT POTENTIALGermany+ $2.68M

Steel Bars’s highest export potential is Germany. With an export gap of $3.39M.   Steel Bars’s highest import potential is Germany with an import gap of $2.68M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms