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2023
Exports $302MWorld Rnk 21 / 135
Flag Rnk 195 / 1216
2023
Destination $17.9M Spain
2022 - 2023
FASTEST GROWING MARKET $17.9MSpain
2023
PRODUCT COMPLEXITY IN Wheat-0.28Rnk 640 / 1025
2023
Imports $578MWorld Rnk 31 / 195
Flag Rnk 213 / 1214
2023
Origin $47.4M Canada
2022 - 2023
FASTEST GROWING ORIGIN $47.4MPoland
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $302M in Wheat, making it the 21st largest exporter of Wheat in the world. At the same year, Wheat was the 195th most exported product in United Kingdom. The main destination of Wheat exports from United Kingdom are: Spain ($136M), Netherlands ($59.2M), Portugal ($35.9M), Ireland ($35.8M), and Italy ($12.4M).

The fastest growing export markets for Wheat of United Kingdom between 2022 and 2023 were Spain ($17.9M), Portugal ($12.7M), and Italy ($10.7M).

Imports In 2023, United Kingdom imported $578M in Wheat, becoming the 31st largest importer of Wheat in the world. At the same year, Wheat was the 213th most imported product in United Kingdom. United Kingdom imports Wheat primarily from: Canada ($232M), Germany ($127M), Poland ($49.7M), France ($45.5M), and Denmark ($44.2M).

The fastest growing import markets in Wheat for United Kingdom between 2022 and 2023 were Poland ($47.4M), Germany ($17.7M), and Sweden ($9.7M).

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

November 2024

About

Overview In November 2024 United Kingdom's Wheat exports accounted up to £3.06M and imports accounted up to £64M, resulting in a negative trade balance of £61M. Between November 2023 and November 2024 the exports of United Kingdom's   Wheat have increased by £1.85M (154%) from £1.2M to £3.06M, while imports increased by £21M (49%) from £43M to £64M.

Destinations In November 2024, Wheat were exported mostly to Ireland (£2.33M), Iceland (£605k), Netherlands (£84.7k), Belgium (£9.81k), and Chile (£5.97k), and were imported mostly from Germany (£34.5M), Canada (£7.75M), Lithuania (£6.04M), Poland (£5.15M), and France (£4.87M).

Growth In November 2024, the increase in Wheat's year-by-year exports was explained primarily by an increase in exports to Netherlands (£10.5M or 1.3k%), Ireland (£1.65M or 62.3%), and Portugal (£1M or 75.1%). In November 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 (November 2023 - November 2024)£1.85M(154%)
IMPORT GROWTH (November 2023 - November 2024)£21M(49%)
MAIN EXPORTER (November 2024)Ipswich£1.73M
MAIN DESTINATION (November 2024)Ireland£2.33M

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 (2023)$302M
IMPORTS (2023)$578M
NET TRADE (2023)-$276M

In 2023, United Kingdom exported $302M in Wheat. The main destinations of United Kingdom exports on Wheat were Spain ($136M), Netherlands ($59.2M), Portugal ($35.9M), Ireland ($35.8M), and Italy ($12.4M).

In 2023, United Kingdom imported $578M in Wheat, mainly from Canada ($232M), Germany ($127M), Poland ($49.7M), France ($45.5M), and Denmark ($44.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Spain$17.9M (15.2%)
Portugal$12.7M (54.7%)
Italy$10.7M (649%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY United Kingdom WERE (2022 - 2023):
Iran-$115M (-100%)
Ireland-$22M (-38.1%)
Belgium-$9.91M (-86.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Wheat were:
Russia $11B
Australia $9.7B
Canada $9.09B
In 2023, United Kingdom's main importing competitors in Wheat were:
Egypt $4B
China $3.55B
Indonesia $3.49B

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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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