Wood Barrels in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $7.17M in Wood Barrels, making it the 11th largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 905th most exported product in United Kingdom. The main destination of Wood Barrels exports from United Kingdom are: Japan ($2.15M), Spain ($1.04M), United Kingdom ($665k), Ireland ($625k), and Germany ($492k).

The fastest growing export markets for Wood Barrels of United Kingdom between 2021 and 2022 were United Kingdom ($665k), Netherlands ($209k), and Spain ($105k).

Imports In 2022, United Kingdom imported $194M in Wood Barrels, becoming the 2nd largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 457th most imported product in United Kingdom. United Kingdom imports Wood Barrels primarily from: Spain ($90.5M), United States ($83.8M), France ($10M), Portugal ($3.26M), and Lithuania ($1.16M).

The fastest growing import markets in Wood Barrels for United Kingdom between 2021 and 2022 were United States ($27.9M), Spain ($15.1M), and France ($5.81M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wood Barrels from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Wood Barrels exports accounted up to £320k and imports accounted up to £19.2M, resulting in a negative trade balance of £18.9M. Between January 2023 and January 2024 the exports of United Kingdom's Wood Barrels have decreased by £-193k (-37.6%) from £513k to £320k, while imports increased by £4.71M (32.4%) from £14.5M to £19.2M.

Destinations In January 2024, Wood Barrels were exported mostly to Spain (£136k), France (£67.1k), Denmark (£61.7k), Ireland (£29.2k), and Poland (£12.6k), and were imported mostly from United States (£10.1M), Spain (£7.05M), France (£1.37M), Ireland (£179k), and Portugal (£144k).

Growth In January 2024, the decrease in Wood Barrels's year-by-year exports was explained primarily by a decrease in exports to United States (£-38.2k or -79.3%) and Netherlands (£-4.09k or -26.2%). In January 2024, the increase in Wood Barrels's year-by-year imports was explained primarily by an increase in imports from United States (£2.24M or 51.7%), France (£821k or 132%), and Portugal (£97.5k or 30%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-193k(-37.6%)

IMPORT GROWTH (January 2023 - January 2024)£4.71M(32.4%)

MAIN EXPORTER (January 2024)Greenock£104k

MAIN DESTINATION (January 2024)Spain£136k

This section shows Wood Barrels'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 Wood Barrels over time.

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