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2023
Exports $367MWorld Rnk 13 / 188
Flag Rnk 166 / 1216
2023
Destination $6.83M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $6.83MVietnam
2023
PRODUCT COMPLEXITY IN Wine-1.07Rnk 849 / 1025
2023
Imports $4.94BWorld Rnk 2 / 226
Flag Rnk 20 / 1214
2023
Origin $71M France
2022 - 2023
FASTEST GROWING ORIGIN $71MFrance
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $367M in Wine, making it the 13th largest exporter of Wine in the world. At the same year, Wine was the 166th most exported product in United Kingdom. The main destination of Wine exports from United Kingdom are: Hong Kong ($160M), France ($47.9M), Singapore ($26.1M), Ireland ($18.2M), and Netherlands ($17.8M).

The fastest growing export markets for Wine of United Kingdom between 2022 and 2023 were Vietnam ($6.83M), Ireland ($1.78M), and Switzerland ($1.75M).

Imports In 2023, United Kingdom imported $4.94B in Wine, becoming the 2nd largest importer of Wine in the world. At the same year, Wine was the 20th most imported product in United Kingdom. United Kingdom imports Wine primarily from: France ($1.88B), Italy ($1.13B), Spain ($434M), New Zealand ($332M), and Australia ($271M).

The fastest growing import markets in Wine for United Kingdom between 2022 and 2023 were France ($71M), Italy ($62.1M), and New Zealand ($38.4M).

COMPANIES In 2023, leading companies such as Amazon (2), MISA Imports (2), and Pernod Ricard (2) were at the forefront of shipping Wine from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Wine exports accounted up to £29.6M and imports accounted up to £438M, resulting in a negative trade balance of £409M. Between November 2023 and November 2024 the exports of United Kingdom's   Wine have decreased by £-6.06M (-17%) from £35.6M to £29.6M, while imports increased by £980k (0.22%) from £437M to £438M.

Destinations In November 2024, Wine were exported mostly to Hong Kong (£7.9M), United States (£6.88M), Ireland (£3.42M), France (£2.27M), and Singapore (£1.63M), and were imported mostly from France (£142M), Italy (£94M), Spain (£33.4M), Belgium (£30.6M), and Australia (£22.9M).

Growth In November 2024, the decrease in Wine's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (£-3.95M or -34.1%), Denmark (£-1.79M or -55.5%), and Spain (£-1M or -84.1%). In November 2024, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from Belgium (£9.72M or 166%), New Zealand (£3.3M or 19.3%), and Spain (£2.68M or 14.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-6.06M(-17%)
IMPORT GROWTH (November 2023 - November 2024)£980k(0.22%)
MAIN EXPORTER (November 2024)London Heathrow Airport£15.8M
MAIN DESTINATION (November 2024)Hong Kong£7.9M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$367M
IMPORTS (2023)$4.94B
NET TRADE (2023)-$4.57B

In 2023, United Kingdom exported $367M in Wine. The main destinations of United Kingdom exports on Wine were Hong Kong ($160M), France ($47.9M), Singapore ($26.1M), Ireland ($18.2M), and Netherlands ($17.8M).

In 2023, United Kingdom imported $4.94B in Wine, mainly from France ($1.88B), Italy ($1.13B), Spain ($434M), New Zealand ($332M), and Australia ($271M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Vietnam$6.83M (2.47k%)
Ireland$1.78M (10.8%)
Switzerland$1.75M (42.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY United Kingdom WERE (2022 - 2023):
Denmark-$8.77M (-40.1%)
Belgium-$6.15M (-91.9%)
Hong Kong-$5.06M (-3.07%)
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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 Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, United Kingdom's main importing competitors in Wine were:
United States $6.84B
Germany $2.94B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37M
TOP IMPORT POTENTIALGermany+ $42.2M

Wine’s highest export potential is United States. With an export gap of $37M.   Wine’s highest import potential is Germany with an import gap of $42.2M.

See methodology.

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