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2022
Exports $134MWorld Rnk 9 / 180
Flag Rnk 346 / 1216
2022
Destination $6.14M Belgium
2021 - 2022
FASTEST GROWING MARKET $6.14MFrance
2022
PRODUCT COMPLEXITY IN Tufted Carpets0.096Rnk 524 / 1025
2022
Imports $793MWorld Rnk 2 / 215
Flag Rnk 169 / 1214
2022
Origin $3.93M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $3.93MPoland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $134M in Tufted Carpets, making it the 9th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 346th most exported product in United Kingdom. The main destination of Tufted Carpets exports from United Kingdom are: Belgium ($25M), Netherlands ($15.4M), France ($13.8M), Ireland ($11.4M), and Poland ($10M).

The fastest growing export markets for Tufted Carpets of United Kingdom between 2021 and 2022 were France ($6.14M), Czechia ($1.25M), and Germany ($1.07M).

Imports In 2022, United Kingdom imported $793M in Tufted Carpets, becoming the 2nd largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 169th most imported product in United Kingdom. United Kingdom imports Tufted Carpets primarily from: Netherlands ($277M), Belgium ($233M), Turkey ($82.8M), India ($35M), and China ($28.4M).

The fastest growing import markets in Tufted Carpets for United Kingdom between 2021 and 2022 were Poland ($3.93M), United States ($3.58M), and Austria ($2.86M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Tufted Carpets exports accounted up to £11.8M and imports accounted up to £49.7M, resulting in a negative trade balance of £37.9M. Between June 2023 and June 2024 the exports of United Kingdom's   Tufted Carpets have decreased by £-99.9k (-0.84%) from £11.9M to £11.8M, while imports decreased by £-6.96M (-12.3%) from £56.6M to £49.7M.

Destinations In June 2024, Tufted Carpets were exported mostly to Netherlands (£2.51M), Belgium (£1.22M), France (£919k), Poland (£861k), and Germany (£855k), and were imported mostly from Netherlands (£15.4M), Belgium (£11.3M), Turkey (£8.96M), Vietnam (£2.4M), and France (£2.07M).

Growth In June 2024, the decrease in Tufted Carpets's year-by-year exports was explained primarily by a decrease in exports to Belgium (£-1.07M or -46.9%), Saudi Arabia (£-235k or -62.7%), and Israel (£-140k or -79.5%). In June 2024, the decrease in Tufted Carpets's year-by-year imports was explained primarily by a decrease in imports from Belgium (£-5.3M or -31.4%), India (£-773k or -28.9%), and China (£-204k or -12.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-99.9k(-0.84%)
IMPORT GROWTH (June 2023 - June 2024)£-6.96M(-12.3%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£5.99M
MAIN DESTINATION (June 2024)Netherlands£2.51M

This section shows Tufted Carpets'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 Tufted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$134M
IMPORTS (2022)$793M
NET TRADE (2022)-$660M

In 2022, United Kingdom exported $134M in Tufted Carpets. The main destinations of United Kingdom exports on Tufted Carpets were Belgium ($25M), Netherlands ($15.4M), France ($13.8M), Ireland ($11.4M), and Poland ($10M).

In 2022, United Kingdom imported $793M in Tufted Carpets, mainly from Netherlands ($277M), Belgium ($233M), Turkey ($82.8M), India ($35M), and China ($28.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$6.14M (80.6%)
Czechia$1.25M (20.8%)
Germany$1.07M (25.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY United Kingdom WERE (2021 - 2022):
Netherlands-$23.7M (-60.7%)
Ireland-$7.94M (-41%)
Italy-$1.28M (-58.2%)
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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 Tufted Carpets were:
China $1.51B
Netherlands $933M
Belgium $844M
In 2022, United Kingdom's main importing competitors in Tufted Carpets were:
United States $1.05B
Germany $526M

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.4M
TOP IMPORT POTENTIALChina+ $18.5M

Tufted Carpets’s highest export potential is Germany. With an export gap of $4.4M.   Tufted Carpets’s highest import potential is China with an import gap of $18.5M.

See methodology.

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