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2022
Exports $50.2MWorld Rnk 5 / 180
Flag Rnk 547 / 1216
2022
Destination $1.28M France
2021 - 2022
FASTEST GROWING MARKET $1.28MUnited States
2022
PRODUCT COMPLEXITY IN Other Carpets-0.63Rnk 739 / 1025
2022
Imports $57.9MWorld Rnk 10 / 223
Flag Rnk 714 / 1214
2022
Origin $749k China
2021 - 2022
FASTEST GROWING ORIGIN $749kUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $50.2M in Other Carpets, making it the 5th largest exporter of Other Carpets in the world. At the same year, Other Carpets was the 547th most exported product in United Kingdom. The main destination of Other Carpets exports from United Kingdom are: France ($16.4M), United States ($10.7M), Germany ($3.05M), Netherlands ($2.08M), and Canada ($1.75M).

The fastest growing export markets for Other Carpets of United Kingdom between 2021 and 2022 were United States ($1.28M), France ($622k), and Switzerland ($527k).

Imports In 2022, United Kingdom imported $57.9M in Other Carpets, becoming the 10th largest importer of Other Carpets in the world. At the same year, Other Carpets was the 714th most imported product in United Kingdom. United Kingdom imports Other Carpets primarily from: China ($23.3M), India ($13.8M), Netherlands ($9.23M), United States ($1.82M), and France ($1.8M).

The fastest growing import markets in Other Carpets for United Kingdom between 2021 and 2022 were United States ($749k), South Korea ($458k), and Bangladesh ($176k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Carpets exports accounted up to £3.46M and imports accounted up to £4.64M, resulting in a negative trade balance of £1.17M. Between June 2023 and June 2024 the exports of United Kingdom's   Other Carpets have increased by £111k (3.32%) from £3.35M to £3.46M, while imports increased by £1.19M (34.4%) from £3.45M to £4.64M.

Destinations In June 2024, Other Carpets were exported mostly to France (£1.61M), United States (£468k), Germany (£216k), Netherlands (£144k), and Poland (£117k), and were imported mostly from China (£1.78M), India (£812k), Turkey (£559k), Germany (£497k), and Netherlands (£418k).

Growth In June 2024, the increase in Other Carpets's year-by-year exports was explained primarily by an increase in exports to France (£131k or 12.1%), Germany (£74.3k or 39.6%), and Australia (£64.6k or 3.8k%). In June 2024, the increase in Other Carpets's year-by-year imports was explained primarily by an increase in imports from Denmark (£23.9k or 974%), Ireland (£18.2k or 408%), and Morocco (£2.28k or 78.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£111k(3.32%)
IMPORT GROWTH (June 2023 - June 2024)£1.19M(34.4%)
MAIN EXPORTER (June 2024)Hull£1.78M
MAIN DESTINATION (June 2024)France£1.61M

This section shows Other Carpets'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 Other Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.2M
IMPORTS (2022)$57.9M
NET TRADE (2022)-$7.69M

In 2022, United Kingdom exported $50.2M in Other Carpets. The main destinations of United Kingdom exports on Other Carpets were France ($16.4M), United States ($10.7M), Germany ($3.05M), Netherlands ($2.08M), and Canada ($1.75M).

In 2022, United Kingdom imported $57.9M in Other Carpets, mainly from China ($23.3M), India ($13.8M), Netherlands ($9.23M), United States ($1.82M), and France ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Carpets EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$1.28M (13.6%)
France$622k (3.94%)
Switzerland$527k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Carpets BY United Kingdom WERE (2021 - 2022):
Australia-$719k (-48.3%)
Austria-$680k (-97.2%)
Saint Vincent and the Grenadines-$438k (-96.6%)
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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 Other Carpets were:
China $1.48B
India $294M
Netherlands $55.6M
In 2022, United Kingdom's main importing competitors in Other Carpets were:
United States $312M
Japan $173M
Iraq $171M

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Trade Value of Other Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.25M
TOP IMPORT POTENTIALChina+ $3.86M

Other Carpets’s highest export potential is Germany. With an export gap of $1.25M.   Other Carpets’s highest import potential is China with an import gap of $3.86M.

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