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Pricing

2022
Exports $585MWorld Rnk 12 / 196
Flag Rnk 133 / 1216
2022
Destination $20.4M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $20.4MBelgium
2022
PRODUCT COMPLEXITY IN Wine-1.04Rnk 845 / 1025
2022
Imports $4.67BWorld Rnk 2 / 225
Flag Rnk 21 / 1214
2022
Origin $16.9M France
2021 - 2022
FASTEST GROWING ORIGIN $16.9MItaly
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $585M in Wine, making it the 12th largest exporter of Wine in the world. At the same year, Wine was the 133rd most exported product in United Kingdom. The main destination of Wine exports from United Kingdom are: Hong Kong ($191M), United States ($67.6M), Singapore ($57.2M), France ($56.8M), and Belgium ($39.9M).

The fastest growing export markets for Wine of United Kingdom between 2021 and 2022 were Belgium ($20.4M), France ($17.6M), and Singapore ($6.93M).

Imports In 2022, United Kingdom imported $4.67B in Wine, becoming the 2nd largest importer of Wine in the world. At the same year, Wine was the 21st most imported product in United Kingdom. United Kingdom imports Wine primarily from: France ($1.68B), Italy ($895M), Spain ($339M), Australia ($324M), and New Zealand ($298M).

The fastest growing import markets in Wine for United Kingdom between 2021 and 2022 were Italy ($16.9M), France ($13.4M), and Switzerland ($4.86M).

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

September 2024

About

Overview In September 2024 United Kingdom's Wine exports accounted up to £33.1M and imports accounted up to £299M, resulting in a negative trade balance of £266M. Between September 2023 and September 2024 the exports of United Kingdom's   Wine have increased by £3.4M (11.5%) from £29.7M to £33.1M, while imports decreased by £-4.95M (-1.62%) from £304M to £299M.

Destinations In September 2024, Wine were exported mostly to United States (£11.6M), Hong Kong (£6.11M), Ireland (£2.56M), Singapore (£2.03M), and France (£2M), and were imported mostly from France (£97.7M), Italy (£62.8M), Spain (£23.6M), New Zealand (£21.4M), and Australia (£18.7M).

Growth In September 2024, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to Japan (£4.61M or 106%), United States (£3.61M or 113%), and France (£1.79M or 128%). In September 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from Italy (£-8.12M or -15.6%), Chile (£-5.56M or -28%), and Argentina (£-4.13M or -31.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£3.4M(11.5%)
IMPORT GROWTH (September 2023 - September 2024)£-4.95M(-1.62%)
MAIN EXPORTER (September 2024)London Heathrow Airport£15.8M
MAIN DESTINATION (September 2024)United States£11.6M

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 (2022)$585M
IMPORTS (2022)$4.67B
NET TRADE (2022)-$4.09B

In 2022, United Kingdom exported $585M in Wine. The main destinations of United Kingdom exports on Wine were Hong Kong ($191M), United States ($67.6M), Singapore ($57.2M), France ($56.8M), and Belgium ($39.9M).

In 2022, United Kingdom imported $4.67B in Wine, mainly from France ($1.68B), Italy ($895M), Spain ($339M), Australia ($324M), and New Zealand ($298M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$20.4M (104%)
France$17.6M (44.7%)
Singapore$6.93M (13.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY United Kingdom WERE (2021 - 2022):
Hong Kong-$27.7M (-12.7%)
Ireland-$12M (-31.5%)
Switzerland-$5.18M (-47.6%)
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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 Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, United Kingdom's main importing competitors in Wine were:
United States $6.79B
Germany $3.02B

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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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