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2022
Exports $5.55MWorld Rnk 20 / 125
Flag Rnk 945 / 1216
2022
Destination $768k Belgium
2021 - 2022
FASTEST GROWING MARKET $768kBelgium
2022
Imports $29.9MWorld Rnk 2 / 191
Flag Rnk 844 / 1214
2022
Origin $2.85M Latvia
2021 - 2022
FASTEST GROWING ORIGIN $2.85MLithuania
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $5.55M in Wood Stakes, making it the 20th largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 945th most exported product in United Kingdom. The main destination of Wood Stakes exports from United Kingdom are: Belgium ($1.52M), Belize ($1.16M), Netherlands ($764k), Ireland ($740k), and Germany ($542k).

The fastest growing export markets for Wood Stakes of United Kingdom between 2021 and 2022 were Belgium ($768k), Belize ($70.9k), and Indonesia ($57.7k).

Imports In 2022, United Kingdom imported $29.9M in Wood Stakes, becoming the 2nd largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 844th most imported product in United Kingdom. United Kingdom imports Wood Stakes primarily from: Latvia ($17.7M), Lithuania ($2.96M), Belarus ($2.19M), Poland ($1.59M), and Estonia ($1.56M).

The fastest growing import markets in Wood Stakes for United Kingdom between 2021 and 2022 were Lithuania ($2.85M), Belarus ($1.99M), and Slovakia ($898k).

COMPANIES In 2023, leading companies such as Amazon (3) were at the forefront of shipping Wood Stakes from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Wood Stakes exports accounted up to £254k and imports accounted up to £1.7M, resulting in a negative trade balance of £1.45M. Between September 2023 and September 2024 the exports of United Kingdom's   Wood Stakes have decreased by £-69.5k (-21.4%) from £324k to £254k, while imports decreased by £-426k (-20%) from £2.13M to £1.7M.

Destinations In September 2024, Wood Stakes were exported mostly to Ireland (£89.9k), Belgium (£67.2k), Netherlands (£59.8k), Germany (£28.2k), and New Zealand (£9.37k), and were imported mostly from Latvia (£1.17M), Poland (£130k), Ireland (£113k), Estonia (£96.6k), and United States (£51.4k).

Growth In September 2024, the decrease in Wood Stakes's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-40.2k or -45.9%), France (£-16.2k or -92.1%), and Ireland (£-6.82k or -18.4%). In September 2024, the decrease in Wood Stakes's year-by-year imports was explained primarily by a decrease in imports from Latvia (£-354k or -20.8%), Hungary (£-98.5k or -89.9%), and Netherlands (£-14.1k or -93.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-69.5k(-21.4%)
IMPORT GROWTH (September 2023 - September 2024)£-426k(-20%)
MAIN EXPORTER (September 2024)London Heathrow Airport£220k
MAIN DESTINATION (September 2024)Ireland£89.9k

This section shows Wood Stakes'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 Stakes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.55M
IMPORTS (2022)$29.9M
NET TRADE (2022)-$24.3M

In 2022, United Kingdom exported $5.55M in Wood Stakes. The main destinations of United Kingdom exports on Wood Stakes were Belgium ($1.52M), Belize ($1.16M), Netherlands ($764k), Ireland ($740k), and Germany ($542k).

In 2022, United Kingdom imported $29.9M in Wood Stakes, mainly from Latvia ($17.7M), Lithuania ($2.96M), Belarus ($2.19M), Poland ($1.59M), and Estonia ($1.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$768k (102%)
Belize$70.9k (6.54%)
Indonesia$57.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY United Kingdom WERE (2021 - 2022):
Ireland-$3.05M (-80.5%)
Netherlands-$240k (-23.9%)
Austria-$123k (-84.5%)
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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 Wood Stakes were:
Poland $34M
Latvia $27.3M
Hungary $17.8M
In 2022, United Kingdom's main importing competitors in Wood Stakes were:
France $31.5M
United States $26.2M

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $161k
TOP IMPORT POTENTIALPoland+ $388k

Wood Stakes’s highest export potential is Germany. With an export gap of $161k.   Wood Stakes’s highest import potential is Poland with an import gap of $388k.

See methodology.

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