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2022
Exports $65.4MWorld Rnk 16 / 120
Flag Rnk 476 / 1216
2022
Destination $7.71M United States
2021 - 2022
FASTEST GROWING MARKET $7.71MIndia
2022
PRODUCT COMPLEXITY IN Other Large Iron Pipes0.38Rnk 415 / 1025
2022
Imports $72.5MWorld Rnk 25 / 202
Flag Rnk 668 / 1214
2022
Origin $10.3M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $10.3MSouth Korea
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $65.4M in Other Large Iron Pipes, making it the 16th largest exporter of Other Large Iron Pipes in the world. At the same year, Other Large Iron Pipes was the 476th most exported product in United Kingdom. The main destination of Other Large Iron Pipes exports from United Kingdom are: United States ($17M), Azerbaijan ($8.01M), India ($7.77M), Netherlands ($6.7M), and Ghana ($5.3M).

The fastest growing export markets for Other Large Iron Pipes of United Kingdom between 2021 and 2022 were India ($7.71M), Ghana ($4.02M), and Gabon ($2.55M).

Imports In 2022, United Kingdom imported $72.5M in Other Large Iron Pipes, becoming the 25th largest importer of Other Large Iron Pipes in the world. At the same year, Other Large Iron Pipes was the 668th most imported product in United Kingdom. United Kingdom imports Other Large Iron Pipes primarily from: South Korea ($11.4M), Netherlands ($7.64M), Germany ($7.27M), Greece ($6.14M), and Spain ($5.46M).

The fastest growing import markets in Other Large Iron Pipes for United Kingdom between 2021 and 2022 were South Korea ($10.3M), China ($3.61M), and Italy ($2.15M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Other Large Iron Pipes exports accounted up to £5.11M and imports accounted up to £18.8M, resulting in a negative trade balance of £13.7M. Between June 2023 and June 2024 the exports of United Kingdom's   Other Large Iron Pipes have decreased by £-7.67M (-60.1%) from £12.8M to £5.11M, while imports decreased by £-40M (-68%) from £58.8M to £18.8M.

Destinations In June 2024, Other Large Iron Pipes were exported mostly to Azerbaijan (£1.91M), United States (£1.11M), Norway (£973k), Netherlands (£315k), and Italy (£309k), and were imported mostly from Germany (£15.7M), Greece (£1.41M), China (£485k), Luxembourg (£360k), and France (£254k).

Growth In June 2024, the decrease in Other Large Iron Pipes's year-by-year exports was explained primarily by a decrease in exports to Singapore (£-21k or -84%) and Spain (£-5.4k or -85.9%). In June 2024, the decrease in Other Large Iron Pipes's year-by-year imports was explained primarily by a decrease in imports from Germany (£-198k or -48.9%), Italy (£-120k or -88.8%), and Finland (£-24.8k or -26.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-7.67M(-60.1%)
IMPORT GROWTH (June 2023 - June 2024)£-40M(-68%)
MAIN EXPORTER (June 2024)Felixstowe£9.9M
MAIN DESTINATION (June 2024)Azerbaijan£1.91M

This section shows Other Large Iron Pipes'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 Large Iron Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.4M
IMPORTS (2022)$72.5M
NET TRADE (2022)-$7.08M

In 2022, United Kingdom exported $65.4M in Other Large Iron Pipes. The main destinations of United Kingdom exports on Other Large Iron Pipes were United States ($17M), Azerbaijan ($8.01M), India ($7.77M), Netherlands ($6.7M), and Ghana ($5.3M).

In 2022, United Kingdom imported $72.5M in Other Large Iron Pipes, mainly from South Korea ($11.4M), Netherlands ($7.64M), Germany ($7.27M), Greece ($6.14M), and Spain ($5.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Large Iron Pipes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
India$7.71M (13.7k%)
Ghana$4.02M (314%)
Gabon$2.55M (1.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Large Iron Pipes BY United Kingdom WERE (2021 - 2022):
Germany-$77.2M (-98.2%)
United States-$63.6M (-78.9%)
Mozambique-$2.78M (-100%)
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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 Large Iron Pipes were:
China $1.02B
Germany $849M
South Korea $796M
In 2022, United Kingdom's main importing competitors in Other Large Iron Pipes were:
Indonesia $591M
United States $544M
Canada $377M

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Trade Value of Other Large Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.93M
TOP IMPORT POTENTIALGermany+ $4.38M

Other Large Iron Pipes’s highest export potential is United States. With an export gap of $1.93M.   Other Large Iron Pipes’s highest import potential is Germany with an import gap of $4.38M.

See methodology.

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