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2022
Exports $1.13BWorld Rnk 4 / 200
Flag Rnk 70 / 1216
2022
Destination $111M India
2021 - 2022
FASTEST GROWING MARKET $111MHong Kong
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $182MWorld Rnk 31 / 157
Flag Rnk 463 / 1214
2022
Origin $10.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.6MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.13B in Scrap Aluminium, making it the 4th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 70th most exported product in United Kingdom. The main destination of Scrap Aluminium exports from United Kingdom are: India ($382M), Hong Kong ($192M), Germany ($115M), China ($77.2M), and Thailand ($63.2M).

The fastest growing export markets for Scrap Aluminium of United Kingdom between 2021 and 2022 were Hong Kong ($111M), India ($78.2M), and Germany ($49.3M).

Imports In 2022, United Kingdom imported $182M in Scrap Aluminium, becoming the 31st largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 463rd most imported product in United Kingdom. United Kingdom imports Scrap Aluminium primarily from: Germany ($28.7M), Norway ($22.1M), Ireland ($21.8M), Spain ($16.5M), and United Arab Emirates ($15.3M).

The fastest growing import markets in Scrap Aluminium for United Kingdom between 2021 and 2022 were Germany ($10.6M), Norway ($10.3M), and United Arab Emirates ($5.82M).

COMPANIES In 2023, leading companies such as Pirelli Tires (11) and J.C. Bamford (1) were at the forefront of shipping Scrap Aluminium from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Scrap Aluminium exports accounted up to £77.3M and imports accounted up to £12.5M, resulting in a positive trade balance of £64.8M. Between August 2023 and August 2024 the exports of United Kingdom's   Scrap Aluminium have increased by £6.03M (8.46%) from £71.3M to £77.3M, while imports increased by £1.21M (10.7%) from £11.3M to £12.5M.

Destinations In August 2024, Scrap Aluminium were exported mostly to India (£25.1M), Hong Kong (£11.1M), Thailand (£6.65M), Germany (£6.1M), and China (£5.11M), and were imported mostly from Greece (£3.24M), Norway (£1.65M), Spain (£1.55M), Ireland (£1.46M), and Australia (£1.21M).

Growth In August 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to Germany (£13.8M or 363%), Thailand (£6.17M or 293%), and India (£3.17M or 24%). In August 2024, the increase in Scrap Aluminium's year-by-year imports was explained primarily by an increase in imports from Israel (£820k or 2.19k%), Ireland (£420k or 55.2%), and Finland (£391k or 54.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£6.03M(8.46%)
IMPORT GROWTH (August 2023 - August 2024)£1.21M(10.7%)
MAIN EXPORTER (August 2024)Felixstowe£42.8M
MAIN DESTINATION (August 2024)India£25.1M

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.13B
IMPORTS (2022)$182M
NET TRADE (2022)$952M

In 2022, United Kingdom exported $1.13B in Scrap Aluminium. The main destinations of United Kingdom exports on Scrap Aluminium were India ($382M), Hong Kong ($192M), Germany ($115M), China ($77.2M), and Thailand ($63.2M).

In 2022, United Kingdom imported $182M in Scrap Aluminium, mainly from Germany ($28.7M), Norway ($22.1M), Ireland ($21.8M), Spain ($16.5M), and United Arab Emirates ($15.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Hong Kong$111M (139%)
India$78.2M (25.7%)
Germany$49.3M (74.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY United Kingdom WERE (2021 - 2022):
China-$21.9M (-22.1%)
South Korea-$21.3M (-43%)
Indonesia-$16.1M (-43.5%)
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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 Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, United Kingdom's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $40.6M
TOP IMPORT POTENTIALGermany+ $12M

Scrap Aluminium’s highest export potential is China. With an export gap of $40.6M.   Scrap Aluminium’s highest import potential is Germany with an import gap of $12M.

See methodology.

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