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2022
Exports $13.1MWorld Rnk 13 / 159
Flag Rnk 807 / 1216
2022
Destination $519k Denmark
2021 - 2022
FASTEST GROWING MARKET $519kSweden
2022
PRODUCT COMPLEXITY IN Glass Beads0.61Rnk 316 / 1025
2022
Imports $46MWorld Rnk 8 / 208
Flag Rnk 769 / 1214
2022
Origin $8.73MN/A
2021 - 2022
FASTEST GROWING ORIGIN $8.73MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $13.1M in Glass Beads, making it the 13th largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 807th most exported product in United Kingdom. The main destination of Glass Beads exports from United Kingdom are: Denmark ($3.35M), Sweden ($1.92M), Ireland ($1.48M), India ($1.02M), and Norway ($835k).

The fastest growing export markets for Glass Beads of United Kingdom between 2021 and 2022 were Sweden ($519k), Denmark ($408k), and Ireland ($314k).

Imports In 2022, United Kingdom imported $46M in Glass Beads, becoming the 8th largest importer of Glass Beads in the world. At the same year, Glass Beads was the 769th most imported product in United Kingdom. United Kingdom imports Glass Beads primarily from: N/A.

The fastest growing import markets in Glass Beads for United Kingdom between 2021 and 2022 were China ($8.73M), United States ($1.64M), and Italy ($269k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Glass Beads from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Glass Beads exports accounted up to £1.2M and imports accounted up to £2.76M, resulting in a negative trade balance of £1.56M. Between June 2023 and June 2024 the exports of United Kingdom's   Glass Beads have decreased by £-743k (-38.2%) from £1.95M to £1.2M, while imports decreased by £-80.9k (-2.85%) from £2.84M to £2.76M.

Destinations In June 2024, Glass Beads were exported mostly to Denmark (£209k), Norway (£184k), United States (£183k), India (£115k), and Ireland (£99.2k), and were imported mostly from United States (£991k), France (£651k), China (£548k), Austria (£149k), and Australia (£131k).

Growth In June 2024, the decrease in Glass Beads's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (£-24.8k or -78.4%), Belgium (£-20.3k or -90.2%), and Ireland (£-7.12k or -25.4%). In June 2024, the decrease in Glass Beads's year-by-year imports was explained primarily by a decrease in imports from France (£-585k or -31.9%), Austria (£-396k or -75.3%), and Australia (£-173k or -61.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-743k(-38.2%)
IMPORT GROWTH (June 2023 - June 2024)£-80.9k(-2.85%)
MAIN EXPORTER (June 2024)Immingham£674k
MAIN DESTINATION (June 2024)Denmark£209k

This section shows Glass Beads'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 Glass Beads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.1M
IMPORTS (2022)$46M
NET TRADE (2022)-$32.9M

In 2022, United Kingdom exported $13.1M in Glass Beads. The main destinations of United Kingdom exports on Glass Beads were Denmark ($3.35M), Sweden ($1.92M), Ireland ($1.48M), India ($1.02M), and Norway ($835k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Sweden$519k (37.1%)
Denmark$408k (13.9%)
Ireland$314k (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY United Kingdom WERE (2021 - 2022):
Norway-$402k (-32.5%)
Thailand-$197k (-78.2%)
Austria-$157k (-51.7%)
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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 Glass Beads were:
China $899M
Czechia $105M
Austria $92M
In 2022, United Kingdom's main importing competitors in Glass Beads were:
United States $143M
United Arab Emirates $108M
India $106M

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $570k
TOP IMPORT POTENTIALChina+ $2.72M

Glass Beads’s highest export potential is United States. With an export gap of $570k.   Glass Beads’s highest import potential is China with an import gap of $2.72M.

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