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2022
Exports $201MWorld Rnk 17 / 216
Flag Rnk 274 / 1216
2022
Destination $6.49M Ireland
2021 - 2022
FASTEST GROWING MARKET $6.49MDenmark
2022
PRODUCT COMPLEXITY IN Plastic Housewares-0.46Rnk 686 / 1025
2022
Imports $738MWorld Rnk 6 / 223
Flag Rnk 184 / 1214
2022
Origin $5.3M China
2021 - 2022
FASTEST GROWING ORIGIN $5.3MIndia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $201M in Plastic Housewares, making it the 17th largest exporter of Plastic Housewares in the world. At the same year, Plastic Housewares was the 274th most exported product in United Kingdom. The main destination of Plastic Housewares exports from United Kingdom are: Ireland ($35M), Ghana ($19.4M), United States ($18.1M), Netherlands ($16.2M), and France ($11.7M).

The fastest growing export markets for Plastic Housewares of United Kingdom between 2021 and 2022 were Denmark ($6.49M), United Arab Emirates ($2.84M), and Bangladesh ($1.23M).

Imports In 2022, United Kingdom imported $738M in Plastic Housewares, becoming the 6th largest importer of Plastic Housewares in the world. At the same year, Plastic Housewares was the 184th most imported product in United Kingdom. United Kingdom imports Plastic Housewares primarily from: China ($425M), Germany ($37M), Turkey ($31.8M), India ($27.6M), and United States ($23.2M).

The fastest growing import markets in Plastic Housewares for United Kingdom between 2021 and 2022 were India ($5.3M), Poland ($3.06M), and Austria ($2.6M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (6) and StarTech (3) were at the forefront of shipping Plastic Housewares from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Plastic Housewares exports accounted up to £15M and imports accounted up to £50.8M, resulting in a negative trade balance of £35.8M. Between June 2023 and June 2024 the exports of United Kingdom's   Plastic Housewares have increased by £950k (6.77%) from £14M to £15M, while imports decreased by £-504k (-0.98%) from £51.3M to £50.8M.

Destinations In June 2024, Plastic Housewares were exported mostly to Ireland (£2.56M), Ghana (£1.65M), Germany (£1.03M), United States (£940k), and France (£866k), and were imported mostly from China (£27M), Turkey (£2.59M), India (£2.4M), Germany (£2.29M), and Poland (£1.96M).

Growth In June 2024, the increase in Plastic Housewares's year-by-year exports was explained primarily by an increase in exports to Ireland (£629k or 43.1%), France (£545k or 89.9%), and Germany (£367k or 127%). In June 2024, the decrease in Plastic Housewares's year-by-year imports was explained primarily by a decrease in imports from China (£-4.41M or -16.5%), Chinese Taipei (£-1.22M or -73.1%), and Turkey (£-700k or -26.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£950k(6.77%)
IMPORT GROWTH (June 2023 - June 2024)£-504k(-0.98%)
MAIN EXPORTER (June 2024)London Gateway£3.73M
MAIN DESTINATION (June 2024)Ireland£2.56M

This section shows Plastic Housewares'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 Plastic Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$201M
IMPORTS (2022)$738M
NET TRADE (2022)-$537M

In 2022, United Kingdom exported $201M in Plastic Housewares. The main destinations of United Kingdom exports on Plastic Housewares were Ireland ($35M), Ghana ($19.4M), United States ($18.1M), Netherlands ($16.2M), and France ($11.7M).

In 2022, United Kingdom imported $738M in Plastic Housewares, mainly from China ($425M), Germany ($37M), Turkey ($31.8M), India ($27.6M), and United States ($23.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Housewares EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Denmark$6.49M (224%)
United Arab Emirates$2.84M (78.7%)
Bangladesh$1.23M (75.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Housewares BY United Kingdom WERE (2021 - 2022):
Netherlands-$2.04M (-11.2%)
Lebanon-$1.89M (-82.7%)
Germany-$1.75M (-13.3%)
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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 Plastic Housewares were:
China $16.8B
United States $981M
Germany $844M
In 2022, United Kingdom's main importing competitors in Plastic Housewares were:
United States $8.48B
Germany $1.26B
Canada $1B

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Trade Value of Plastic Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.6M
TOP IMPORT POTENTIALChina+ $33.1M

Plastic Housewares’s highest export potential is United States. With an export gap of $16.6M.   Plastic Housewares’s highest import potential is China with an import gap of $33.1M.

See methodology.

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