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2018
Exports $304MWorld Rnk 20 / 133
Flag Rnk 203 / 1216
2018
Destination $80.6M Spain
2021 - 2022
FASTEST GROWING MARKET $80.6MSpain
2022
PRODUCT COMPLEXITY IN Wheat-0.42Rnk 677 / 1025
2018
Imports $551MWorld Rnk 38 / 194
Flag Rnk 237 / 1214
2018
Origin $34.3M Canada
2021 - 2022
FASTEST GROWING ORIGIN $34.3MCanada
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2018, United Kingdom exported $304M in Wheat, making it the 20th largest exporter of Wheat in the world. At the same year, Wheat was the 203rd most exported product in United Kingdom. The main destination of Wheat exports from United Kingdom are: Spain ($113M), Netherlands ($69.6M), Ireland ($62.9M), Portugal ($21.6M), and Belgium ($12.7M).

The fastest growing export markets for Wheat of United Kingdom between 2021 and 2022 were Spain ($80.6M), Netherlands ($62.4M), and Ireland ($26.9M).

Imports In 2022, United Kingdom imported $551M in Wheat, becoming the 38th largest importer of Wheat in the world. At the same year, Wheat was the 237th most imported product in United Kingdom. United Kingdom imports Wheat primarily from: Canada ($211M), Germany ($119M), France ($116M), Denmark ($38.8M), and Romania ($13.6M).

The fastest growing import markets in Wheat for United Kingdom between 2021 and 2022 were Canada ($34.3M), France ($30.7M), and Spain ($4.28M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (2) were at the forefront of shipping Wheat from United Kingdom to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Wheat exports accounted up to £1.46M and imports accounted up to £71.5M, resulting in a negative trade balance of £70M. Between July 2023 and July 2024 the exports of United Kingdom's   Wheat have decreased by £-6.22M (-81%) from £7.68M to £1.46M, while imports increased by £41.7M (140%) from £29.8M to £71.5M.

Destinations In July 2024, Wheat were exported mostly to Ireland (£1.15M), Netherlands (£172k), Germany (£44.2k), United States (£36.7k), and Saudi Arabia (£30.9k), and were imported mostly from Germany (£29.5M), Canada (£15.6M), Denmark (£12.8M), Poland (£6.25M), and France (£2.83M).

Growth In July 2024, the decrease in Wheat's year-by-year exports was explained primarily by a decrease in exports to Sweden (£-149 or -7.42%). In July 2024, the increase in Wheat's year-by-year imports was explained primarily by an increase in imports from Canada (£4.84M or 87.2%), Germany (£2.27M or 34.4%), and Romania (£1.31M or 96.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-6.22M(-81%)
IMPORT GROWTH (July 2023 - July 2024)£41.7M(140%)
MAIN EXPORTER (July 2024)Ipswich£1.73M
MAIN DESTINATION (July 2024)Ireland£1.15M

This section shows Wheat'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 Wheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$304M
IMPORTS (2022)$551M
NET TRADE (2022)-$247M

In 2022, United Kingdom exported $304M in Wheat. The main destinations of United Kingdom exports on Wheat were Spain ($113M), Netherlands ($69.6M), Ireland ($62.9M), Portugal ($21.6M), and Belgium ($12.7M).

In 2022, United Kingdom imported $551M in Wheat, mainly from Canada ($211M), Germany ($119M), France ($116M), Denmark ($38.8M), and Romania ($13.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Spain$80.6M (249%)
Netherlands$62.4M (876%)
Ireland$26.9M (74.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY United Kingdom WERE (2021 - 2022):
Iran-$172M (-100%)
Burundi-$7.52M (-100%)
Zimbabwe-$1.77M (-80.6%)
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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 Wheat were:
Australia $10.2B
United States $9.21B
Canada $8.87B
In 2022, United Kingdom's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B
Indonesia $3.38B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $7.15M
TOP IMPORT POTENTIALFrance+ $54.6M

Wheat’s highest export potential is Belgium. With an export gap of $7.15M.   Wheat’s highest import potential is France with an import gap of $54.6M.

See methodology.

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