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2022
Exports $470MWorld Rnk 6 / 125
Flag Rnk 153 / 1216
2022
Destination $42.4M France
2021 - 2022
FASTEST GROWING MARKET $42.4MUnited States
2022
PRODUCT COMPLEXITY IN Titanium0.43Rnk 393 / 1025
2022
Imports $549MWorld Rnk 4 / 183
Flag Rnk 239 / 1214
2022
Origin $63.1M United States
2021 - 2022
FASTEST GROWING ORIGIN $63.1MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $470M in Titanium, making it the 6th largest exporter of Titanium in the world. At the same year, Titanium was the 153rd most exported product in United Kingdom. The main destination of Titanium exports from United Kingdom are: France ($101M), Germany ($67.3M), United States ($66.8M), Czechia ($50.9M), and Australia ($20.2M).

The fastest growing export markets for Titanium of United Kingdom between 2021 and 2022 were United States ($42.4M), France ($28.6M), and Germany ($21.9M).

Imports In 2022, United Kingdom imported $549M in Titanium, becoming the 4th largest importer of Titanium in the world. At the same year, Titanium was the 239th most imported product in United Kingdom. United Kingdom imports Titanium primarily from: United States ($210M), Germany ($84.5M), France ($56.2M), Russia ($52.3M), and Japan ($50.6M).

The fastest growing import markets in Titanium for United Kingdom between 2021 and 2022 were Germany ($63.1M), United States ($48M), and France ($39.2M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Titanium exports accounted up to £49.5M and imports accounted up to £49.5M, resulting in a negative trade balance of £23.2k. Between August 2023 and August 2024 the exports of United Kingdom's   Titanium have increased by £5.45M (12.4%) from £44M to £49.5M, while imports increased by £5.63M (12.8%) from £43.9M to £49.5M.

Destinations In August 2024, Titanium were exported mostly to France (£10.1M), Germany (£9.07M), United States (£8.41M), Czechia (£5.59M), and Turkey (£1.6M), and were imported mostly from United States (£24.8M), Russia (£4.51M), Japan (£4.3M), France (£3.9M), and China (£3.19M).

Growth In August 2024, the increase in Titanium's year-by-year exports was explained primarily by an increase in exports to France (£5.16M or 118%), Czechia (£3.18M or 242%), and United States (£1.69M or 66.5%). In August 2024, the increase in Titanium's year-by-year imports was explained primarily by an increase in imports from United States (£2.93M or 34%), France (£839k or 24%), and China (£372k or 18.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£5.45M(12.4%)
IMPORT GROWTH (August 2023 - August 2024)£5.63M(12.8%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£31M
MAIN DESTINATION (August 2024)France£10.1M

This section shows Titanium'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 Titanium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$470M
IMPORTS (2022)$549M
NET TRADE (2022)-$78.8M

In 2022, United Kingdom exported $470M in Titanium. The main destinations of United Kingdom exports on Titanium were France ($101M), Germany ($67.3M), United States ($66.8M), Czechia ($50.9M), and Australia ($20.2M).

In 2022, United Kingdom imported $549M in Titanium, mainly from United States ($210M), Germany ($84.5M), France ($56.2M), Russia ($52.3M), and Japan ($50.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Titanium EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$42.4M (174%)
France$28.6M (39.6%)
Germany$21.9M (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium BY United Kingdom WERE (2021 - 2022):
Sweden-$4.51M (-33.1%)
South Africa-$1.52M (-60.4%)
Romania-$1.4M (-51.1%)
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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 Titanium were:
United States $1.49B
China $818M
Japan $703M
In 2022, United Kingdom's main importing competitors in Titanium were:
United States $830M
Germany $828M
France $743M

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Trade Value of Titanium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.25M
TOP IMPORT POTENTIALGermany+ $8.28M

Titanium’s highest export potential is China. With an export gap of $9.25M.   Titanium’s highest import potential is Germany with an import gap of $8.28M.

See methodology.

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