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Pricing

2022
Exports $3.89MWorld Rnk 29 / 122
Flag Rnk 996 / 1216
2022
Destination $2.18M Switzerland
2021 - 2022
FASTEST GROWING MARKET $2.18MSwitzerland
2022
Imports $6.27MWorld Rnk 21 / 191
Flag Rnk 1055 / 1214
2022
Origin $463k Germany
2021 - 2022
FASTEST GROWING ORIGIN $463kBulgaria
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $3.89M in Densified Wood, making it the 29th largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 996th most exported product in United Kingdom. The main destination of Densified Wood exports from United Kingdom are: Switzerland ($2.19M), Ireland ($775k), France ($309k), Germany ($123k), and United States ($70k).

The fastest growing export markets for Densified Wood of United Kingdom between 2021 and 2022 were Switzerland ($2.18M), United Kingdom ($59k), and Germany ($41.7k).

Imports In 2022, United Kingdom imported $6.27M in Densified Wood, becoming the 21st largest importer of Densified Wood in the world. At the same year, Densified Wood was the 1055th most imported product in United Kingdom. United Kingdom imports Densified Wood primarily from: Germany ($1.47M), Sweden ($1.11M), Bulgaria ($463k), Norway ($366k), and Estonia ($332k).

The fastest growing import markets in Densified Wood for United Kingdom between 2021 and 2022 were Bulgaria ($463k), Germany ($339k), and Latvia ($324k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Densified Wood exports accounted up to £348k and imports accounted up to £1.01M, resulting in a negative trade balance of £663k. Between June 2023 and June 2024 the exports of United Kingdom's   Densified Wood have decreased by £-21.7k (-5.89%) from £369k to £348k, while imports increased by £292k (40.6%) from £719k to £1.01M.

Destinations In June 2024, Densified Wood were exported mostly to Ireland (£243k), Australia (£26.5k), France (£22.9k), Netherlands (£11.5k), and Italy (£11.2k), and were imported mostly from China (£675k), Netherlands (£137k), Germany (£76.1k), Italy (£34.4k), and Poland (£19.4k).

Growth In June 2024, the decrease in Densified Wood's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-10.6k or -4.43%). In June 2024, the increase in Densified Wood's year-by-year imports was explained primarily by an increase in imports from Sweden (£91k or 154%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-21.7k(-5.89%)
IMPORT GROWTH (June 2023 - June 2024)£292k(40.6%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£73.6k
MAIN DESTINATION (June 2024)Ireland£243k

This section shows Densified Wood'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 Densified Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.89M
IMPORTS (2022)$6.27M
NET TRADE (2022)-$2.38M

In 2022, United Kingdom exported $3.89M in Densified Wood. The main destinations of United Kingdom exports on Densified Wood were Switzerland ($2.19M), Ireland ($775k), France ($309k), Germany ($123k), and United States ($70k).

In 2022, United Kingdom imported $6.27M in Densified Wood, mainly from Germany ($1.47M), Sweden ($1.11M), Bulgaria ($463k), Norway ($366k), and Estonia ($332k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Switzerland$2.18M (60.5k%)
United Kingdom$59k (1.52k%)
Germany$41.7k (51.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Densified Wood BY United Kingdom WERE (2021 - 2022):
Ireland-$3.2M (-80.5%)
Saudi Arabia-$89.9k (-83.9%)
Gibraltar-$20.9k (-80.1%)
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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 Densified Wood were:
Germany $50.1M
Angola $49.6M
Netherlands $38.5M
In 2022, United Kingdom's main importing competitors in Densified Wood were:
Germany $77.1M
United States $51M
France $40.3M

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $194k
TOP IMPORT POTENTIALGermany+ $272k

Densified Wood’s highest export potential is France. With an export gap of $194k.   Densified Wood’s highest import potential is Germany with an import gap of $272k.

See methodology.

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