2023
Exports
$66.6MWorld Rnk 37 / 183
Flag Rnk 469 / 1216
2023
PRODUCT COMPLEXITY IN Wood Carpentry
0.039Rnk 545 / 1025
2023
Imports
$1.16BWorld Rnk 4 / 223
Flag Rnk 117 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $66.6M in Wood Carpentry, making it the 37th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 469th most exported product in United Kingdom. The main destination of Wood Carpentry exports from United Kingdom are: Ireland ($29.1M), Australia ($13.7M), France ($3.82M), United States ($2.75M), and Netherlands ($1.77M).

The fastest growing export markets for Wood Carpentry of United Kingdom between 2022 and 2023 were Australia ($7.92M), France ($1.85M), and Ukraine ($705k).

Imports In 2023, United Kingdom imported $1.16B in Wood Carpentry, becoming the 4th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 117th most imported product in United Kingdom. United Kingdom imports Wood Carpentry primarily from: Poland ($278M), China ($222M), Denmark ($97.5M), Indonesia ($93.1M), and Lithuania ($62M).

The fastest growing import markets in Wood Carpentry for United Kingdom between 2022 and 2023 were Poland ($17.8M), Austria ($5.32M), and Turkey ($4.09M).

COMPANIES In 2024, leading companies such as Pernod Ricard (1) were at the forefront of shipping Wood Carpentry from United Kingdom to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-148k(-3.86%)
IMPORT GROWTH (December 2023 - December 2024)£2.07M(3.58%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Ireland£1.67M

This section shows Wood Carpentry'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 Carpentry over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$66.6M
IMPORTS (2023)$1.16B
NET TRADE (2023)-$1.09B

In 2023, United Kingdom exported $66.6M in Wood Carpentry. The main destinations of United Kingdom exports on Wood Carpentry were Ireland ($29.1M), Australia ($13.7M), France ($3.82M), United States ($2.75M), and Netherlands ($1.77M).

In 2023, United Kingdom imported $1.16B in Wood Carpentry, mainly from Poland ($278M), China ($222M), Denmark ($97.5M), Indonesia ($93.1M), and Lithuania ($62M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Australia$7.92M (137%)
France$1.85M (93.7%)
Ukraine$705k (575%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY United Kingdom WERE (2022 - 2023):
Ireland-$4.57M (-13.6%)
Nicaragua-$2.37M (-98%)
Sri Lanka-$864k (-95.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Wood Carpentry were:
China $1.68B
Canada $1.68B
In 2023, United Kingdom's main importing competitors in Wood Carpentry were:

Explore Visualizations

Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.09M
TOP IMPORT POTENTIALGermany+ $31.5M

Wood Carpentry’s highest export potential is United States. With an export gap of $5.09M.   Wood Carpentry’s highest import potential is Germany with an import gap of $31.5M.

See methodology.

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