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2022
Exports $2.97MWorld Rnk 31 / 132
Flag Rnk 1024 / 1216
2022
Destination $171k Ireland
2021 - 2022
FASTEST GROWING MARKET $171kCanada
2022
PRODUCT COMPLEXITY IN Oil Seed Flower-0.94Rnk 826 / 1025
2022
Imports $20.4MWorld Rnk 13 / 195
Flag Rnk 911 / 1214
2022
Origin $3.21M Greece
2021 - 2022
FASTEST GROWING ORIGIN $3.21MSudan
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2.97M in Oil Seed Flower, making it the 31st largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1024th most exported product in United Kingdom. The main destination of Oil Seed Flower exports from United Kingdom are: Ireland ($1.13M), Denmark ($835k), Netherlands ($204k), Canada ($196k), and Italy ($152k).

The fastest growing export markets for Oil Seed Flower of United Kingdom between 2021 and 2022 were Canada ($171k), Italy ($126k), and Denmark ($120k).

Imports In 2022, United Kingdom imported $20.4M in Oil Seed Flower, becoming the 13th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 911th most imported product in United Kingdom. United Kingdom imports Oil Seed Flower primarily from: Greece ($8.73M), Sudan ($3.21M), Ireland ($1.69M), Netherlands ($1.58M), and Serbia ($1.11M).

The fastest growing import markets in Oil Seed Flower for United Kingdom between 2021 and 2022 were Sudan ($3.21M), United States ($521k), and Austria ($329k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Oil Seed Flower exports accounted up to £332k and imports accounted up to £1.87M, resulting in a negative trade balance of £1.54M. Between June 2023 and June 2024 the exports of United Kingdom's   Oil Seed Flower have increased by £69.6k (26.5%) from £262k to £332k, while imports increased by £540k (40.7%) from £1.33M to £1.87M.

Destinations In June 2024, Oil Seed Flower were exported mostly to Ireland (£123k), Spain (£59.1k), Romania (£47.5k), Italy (£40.3k), and France (£26.6k), and were imported mostly from Greece (£1.33M), Germany (£169k), United States (£83.1k), Serbia (£71.8k), and Austria (£57.7k).

Growth In June 2024, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to Ireland (£71.3k or 454%). In June 2024, the increase in Oil Seed Flower's year-by-year imports was explained primarily by an increase in imports from United States (£27.5k or 154%), Poland (£11.4k or 1.31k%), and Austria (£9.8k or 12.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£69.6k(26.5%)
IMPORT GROWTH (June 2023 - June 2024)£540k(40.7%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£47.5k
MAIN DESTINATION (June 2024)Ireland£123k

This section shows Oil Seed Flower'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 Oil Seed Flower over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.97M
IMPORTS (2022)$20.4M
NET TRADE (2022)-$17.5M

In 2022, United Kingdom exported $2.97M in Oil Seed Flower. The main destinations of United Kingdom exports on Oil Seed Flower were Ireland ($1.13M), Denmark ($835k), Netherlands ($204k), Canada ($196k), and Italy ($152k).

In 2022, United Kingdom imported $20.4M in Oil Seed Flower, mainly from Greece ($8.73M), Sudan ($3.21M), Ireland ($1.69M), Netherlands ($1.58M), and Serbia ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Canada$171k (684%)
Italy$126k (472%)
Denmark$120k (16.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY United Kingdom WERE (2021 - 2022):
Netherlands-$1.26M (-86.1%)
Ireland-$363k (-24.2%)
United States-$74k (-53.6%)
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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 Oil Seed Flower were:
United States $412M
Italy $139M
China $66.2M
In 2022, United Kingdom's main importing competitors in Oil Seed Flower were:
Vietnam $132M
Japan $79.5M
South Korea $73.8M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $88.7k
TOP IMPORT POTENTIALUnited States+ $1.1M

Oil Seed Flower’s highest export potential is United States. With an export gap of $88.7k.   Oil Seed Flower’s highest import potential is United States with an import gap of $1.1M.

See methodology.

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