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2022
Exports $203MWorld Rnk 16 / 202
Flag Rnk 272 / 1216
2022
Destination $18.7M South Korea
2021 - 2022
FASTEST GROWING MARKET $18.7MSouth Korea
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Coats-1.14Rnk 868 / 1025
2022
Imports $851MWorld Rnk 8 / 213
Flag Rnk 154 / 1214
2022
Origin $69.2M China
2021 - 2022
FASTEST GROWING ORIGIN $69.2MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $203M in Non-Knit Men's Coats, making it the 16th largest exporter of Non-Knit Men's Coats in the world. At the same year, Non-Knit Men's Coats was the 272nd most exported product in United Kingdom. The main destination of Non-Knit Men's Coats exports from United Kingdom are: South Korea ($59.6M), Netherlands ($22.1M), Italy ($18.5M), Germany ($12.5M), and United States ($11.8M).

The fastest growing export markets for Non-Knit Men's Coats of United Kingdom between 2021 and 2022 were South Korea ($18.7M), Netherlands ($4.82M), and Qatar ($3.36M).

Imports In 2022, United Kingdom imported $851M in Non-Knit Men's Coats, becoming the 8th largest importer of Non-Knit Men's Coats in the world. At the same year, Non-Knit Men's Coats was the 154th most imported product in United Kingdom. United Kingdom imports Non-Knit Men's Coats primarily from: China ($296M), Italy ($94.7M), Bangladesh ($76.3M), Vietnam ($66.2M), and Burma ($50.8M).

The fastest growing import markets in Non-Knit Men's Coats for United Kingdom between 2021 and 2022 were China ($69.2M), Bangladesh ($42.1M), and Vietnam ($30.6M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Non-Knit Men's Coats exports accounted up to £10.4M and imports accounted up to £27.4M, resulting in a negative trade balance of £17M. Between June 2023 and June 2024 the exports of United Kingdom's   Non-Knit Men's Coats have increased by £3.09M (42.1%) from £7.33M to £10.4M, while imports decreased by £-6.51M (-19.2%) from £33.9M to £27.4M.

Destinations In June 2024, Non-Knit Men's Coats were exported mostly to Malaysia (£2.59M), Italy (£1.8M), Netherlands (£1.23M), Japan (£652k), and France (£597k), and were imported mostly from Italy (£7.4M), China (£5.96M), Bangladesh (£1.82M), France (£1.68M), and Netherlands (£1.64M).

Growth In June 2024, the increase in Non-Knit Men's Coats's year-by-year exports was explained primarily by an increase in exports to South Korea (£3.16M or 103%), Italy (£772k or 119%), and Netherlands (£387k or 49.2%). In June 2024, the decrease in Non-Knit Men's Coats's year-by-year imports was explained primarily by a decrease in imports from China (£-4.03M or -28.2%), Spain (£-930k or -58.1%), and Burma (£-851k or -34.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£3.09M(42.1%)
IMPORT GROWTH (June 2023 - June 2024)£-6.51M(-19.2%)
MAIN EXPORTER (June 2024)London Heathrow Airport£6.42M
MAIN DESTINATION (June 2024)Malaysia£2.59M

This section shows Non-Knit Men's Coats'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 Non-Knit Men's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$851M
NET TRADE (2022)-$648M

In 2022, United Kingdom exported $203M in Non-Knit Men's Coats. The main destinations of United Kingdom exports on Non-Knit Men's Coats were South Korea ($59.6M), Netherlands ($22.1M), Italy ($18.5M), Germany ($12.5M), and United States ($11.8M).

In 2022, United Kingdom imported $851M in Non-Knit Men's Coats, mainly from China ($296M), Italy ($94.7M), Bangladesh ($76.3M), Vietnam ($66.2M), and Burma ($50.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Coats EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
South Korea$18.7M (45.6%)
Netherlands$4.82M (27.9%)
Qatar$3.36M (867%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Coats BY United Kingdom WERE (2021 - 2022):
Ireland-$3.9M (-29.7%)
Germany-$3.74M (-23%)
Italy-$3.25M (-15%)
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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 Non-Knit Men's Coats were:
China $6.99B
Vietnam $2.25B
Italy $1.5B
In 2022, United Kingdom's main importing competitors in Non-Knit Men's Coats were:
United States $2.62B
Germany $1.7B
Italy $1.16B

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Trade Value of Non-Knit Men's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.48M
TOP IMPORT POTENTIALBangladesh+ $21.2M

Non-Knit Men's Coats’s highest export potential is United States. With an export gap of $9.48M.   Non-Knit Men's Coats’s highest import potential is Bangladesh with an import gap of $21.2M.

See methodology.

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