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2022
Exports $45.4MWorld Rnk 20 / 185
Flag Rnk 571 / 1216
2022
Destination $16.2M Kuwait
2021 - 2022
FASTEST GROWING MARKET $16.2MKuwait
2022
PRODUCT COMPLEXITY IN Knit Women's Coats-1.09Rnk 853 / 1025
2022
Imports $235MWorld Rnk 6 / 204
Flag Rnk 413 / 1214
2022
Origin $14.9M China
2021 - 2022
FASTEST GROWING ORIGIN $14.9MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $45.4M in Knit Women's Coats, making it the 20th largest exporter of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 571st most exported product in United Kingdom. The main destination of Knit Women's Coats exports from United Kingdom are: Kuwait ($19.2M), South Korea ($6.89M), Netherlands ($2.29M), Ireland ($1.83M), and Hong Kong ($1.62M).

The fastest growing export markets for Knit Women's Coats of United Kingdom between 2021 and 2022 were Kuwait ($16.2M), South Korea ($2.39M), and Macau ($365k).

Imports In 2022, United Kingdom imported $235M in Knit Women's Coats, becoming the 6th largest importer of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 413th most imported product in United Kingdom. United Kingdom imports Knit Women's Coats primarily from: China ($65.4M), Germany ($38.3M), Bangladesh ($28.7M), Vietnam ($22.9M), and Cambodia ($16.8M).

The fastest growing import markets in Knit Women's Coats for United Kingdom between 2021 and 2022 were China ($14.9M), Bangladesh ($11.7M), and Vietnam ($11M).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Knit Women's Coats from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Knit Women's Coats exports accounted up to £1.69M and imports accounted up to £6.35M, resulting in a negative trade balance of £4.65M. Between June 2023 and June 2024 the exports of United Kingdom's   Knit Women's Coats have increased by £779k (85.1%) from £916k to £1.69M, while imports decreased by £-1.17M (-15.6%) from £7.52M to £6.35M.

Destinations In June 2024, Knit Women's Coats were exported mostly to Malaysia (£750k), Ireland (£116k), France (£99.7k), Italy (£95.5k), and Germany (£90.1k), and were imported mostly from China (£891k), Italy (£671k), Bangladesh (£613k), Turkey (£593k), and Cambodia (£482k).

Growth In June 2024, the increase in Knit Women's Coats's year-by-year exports was explained primarily by an increase in exports to Germany (£119k or 97.2%), Switzerland (£39.6k or 2.47k%), and United Arab Emirates (£32.7k or 167%). In June 2024, the decrease in Knit Women's Coats's year-by-year imports was explained primarily by a decrease in imports from Germany (£-1.95M or -27.3%), China (£-1.03M or -32.7%), and Italy (£-243k or -33.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£779k(85.1%)
IMPORT GROWTH (June 2023 - June 2024)£-1.17M(-15.6%)
MAIN EXPORTER (June 2024)London Heathrow Airport£959k
MAIN DESTINATION (June 2024)Malaysia£750k

This section shows Knit Women'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 Knit Women's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.4M
IMPORTS (2022)$235M
NET TRADE (2022)-$190M

In 2022, United Kingdom exported $45.4M in Knit Women's Coats. The main destinations of United Kingdom exports on Knit Women's Coats were Kuwait ($19.2M), South Korea ($6.89M), Netherlands ($2.29M), Ireland ($1.83M), and Hong Kong ($1.62M).

In 2022, United Kingdom imported $235M in Knit Women's Coats, mainly from China ($65.4M), Germany ($38.3M), Bangladesh ($28.7M), Vietnam ($22.9M), and Cambodia ($16.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Coats EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Kuwait$16.2M (548%)
South Korea$2.39M (53%)
Macau$365k (58.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Coats BY United Kingdom WERE (2021 - 2022):
Germany-$2.28M (-59.6%)
Ireland-$1.46M (-44.3%)
Italy-$1.03M (-42.6%)
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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 Knit Women's Coats were:
China $1.32B
Germany $640M
Vietnam $522M
In 2022, United Kingdom's main importing competitors in Knit Women's Coats were:
United States $924M
Germany $924M
Spain $289M

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Trade Value of Knit Women's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.9M
TOP IMPORT POTENTIALBangladesh+ $6.96M

Knit Women's Coats’s highest export potential is Germany. With an export gap of $1.9M.   Knit Women's Coats’s highest import potential is Bangladesh with an import gap of $6.96M.

See methodology.

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