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2022
Exports $725MWorld Rnk 8 / 202
Flag Rnk 102 / 1216
2022
Destination $22.1M Netherlands
2021 - 2022
FASTEST GROWING MARKET $22.1MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Perfumes-0.14Rnk 594 / 1025
2022
Imports $1.23BWorld Rnk 3 / 222
Flag Rnk 108 / 1214
2022
Origin $120MN/A
2021 - 2022
FASTEST GROWING ORIGIN $120MFrance
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $725M in Perfumes, making it the 8th largest exporter of Perfumes in the world. At the same year, Perfumes was the 102nd most exported product in United Kingdom. The main destination of Perfumes exports from United Kingdom are: Netherlands ($127M), Ireland ($97.1M), United States ($76.5M), Belgium ($53.5M), and United Arab Emirates ($39.4M).

The fastest growing export markets for Perfumes of United Kingdom between 2021 and 2022 were United Kingdom ($22.1M), France ($18M), and South Korea ($6.54M).

Imports In 2022, United Kingdom imported $1.23B in Perfumes, becoming the 3rd largest importer of Perfumes in the world. At the same year, Perfumes was the 108th most imported product in United Kingdom. United Kingdom imports Perfumes primarily from: N/A.

The fastest growing import markets in Perfumes for United Kingdom between 2021 and 2022 were France ($120M), Spain ($26.7M), and United Kingdom ($22.1M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Perfumes exports accounted up to £49.7M and imports accounted up to £93.4M, resulting in a negative trade balance of £43.7M. Between June 2023 and June 2024 the exports of United Kingdom's   Perfumes have increased by £870k (1.78%) from £48.9M to £49.7M, while imports increased by £16.4M (21.3%) from £77M to £93.4M.

Destinations In June 2024, Perfumes were exported mostly to United States (£6.42M), Belgium (£5.93M), Netherlands (£5.29M), Ireland (£5.01M), and United Arab Emirates (£3.45M), and were imported mostly from France (£31.7M), Spain (£17.8M), Netherlands (£8.98M), United States (£6.49M), and Italy (£5.2M).

Growth In June 2024, the increase in Perfumes's year-by-year exports was explained primarily by an increase in exports to Netherlands (£3.56M or 50.6%), Ireland (£2.44M or 79%), and Switzerland (£1.56M or 758%). In June 2024, the increase in Perfumes's year-by-year imports was explained primarily by an increase in imports from France (£7.22M or 43.9%), Netherlands (£4.49M or 150%), and China (£1.81M or 244%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£870k(1.78%)
IMPORT GROWTH (June 2023 - June 2024)£16.4M(21.3%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£21.5M
MAIN DESTINATION (June 2024)United States£6.42M

This section shows Perfumes'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 Perfumes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$725M
IMPORTS (2022)$1.23B
NET TRADE (2022)-$505M

In 2022, United Kingdom exported $725M in Perfumes. The main destinations of United Kingdom exports on Perfumes were Netherlands ($127M), Ireland ($97.1M), United States ($76.5M), Belgium ($53.5M), and United Arab Emirates ($39.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$22.1M (229%)
France$18M (86%)
South Korea$6.54M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY United Kingdom WERE (2021 - 2022):
Ireland-$26.1M (-21.2%)
Spain-$10.4M (-47.6%)
Germany-$9.61M (-35.9%)
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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 Perfumes were:
France $7.24B
Spain $2.58B
Germany $1.67B
In 2022, United Kingdom's main importing competitors in Perfumes were:
United States $2.82B
Germany $1.68B

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.9M
TOP IMPORT POTENTIALGermany+ $24M

Perfumes’s highest export potential is United States. With an export gap of $27.9M.   Perfumes’s highest import potential is Germany with an import gap of $24M.

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