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2022
Exports $947kWorld Rnk 28 / 80
Flag Rnk 1116 / 1216
2022
Destination $150k Singapore
2021 - 2022
FASTEST GROWING MARKET $150kSingapore
2022
Imports $5.13MWorld Rnk 12 / 154
Flag Rnk 1078 / 1214
2022
Origin $419k France
2021 - 2022
FASTEST GROWING ORIGIN $419kThailand
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $947k in Animal Extracts, making it the 28th largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 1116th most exported product in United Kingdom. The main destination of Animal Extracts exports from United Kingdom are: Singapore ($235k), France ($178k), Ireland ($178k), Japan ($98.6k), and United States ($54.9k).

The fastest growing export markets for Animal Extracts of United Kingdom between 2021 and 2022 were Singapore ($150k), France ($104k), and Japan ($92.7k).

Imports In 2022, United Kingdom imported $5.13M in Animal Extracts, becoming the 12th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1078th most imported product in United Kingdom. United Kingdom imports Animal Extracts primarily from: France ($1.44M), Italy ($826k), Brazil ($603k), Thailand ($555k), and Poland ($354k).

The fastest growing import markets in Animal Extracts for United Kingdom between 2021 and 2022 were Thailand ($419k), Italy ($337k), and Norway ($72.3k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Animal Extracts exports accounted up to £46.7k and imports accounted up to £390k, resulting in a negative trade balance of £343k. Between June 2023 and June 2024 the exports of United Kingdom's   Animal Extracts have increased by £3k (6.85%) from £43.8k to £46.7k, while imports increased by £138k (54.5%) from £252k to £390k.

Destinations In June 2024, Animal Extracts were exported mostly to Ireland (£28.2k), United Arab Emirates (£10.9k), and Antigua and Barbuda (£7.69k), and were imported mostly from France (£154k), Denmark (£53.9k), Poland (£50k), Ireland (£45.3k), and Netherlands (£39.2k).

Growth In June 2024, the increase in Animal Extracts's year-by-year exports was explained primarily by an increase in exports to Ireland (£5.88k or 40.5%). In June 2024, the increase in Animal Extracts's year-by-year imports was explained primarily by an increase in imports from Poland (£42.8k or 117%), France (£37.5k or 49.2%), and Germany (£11.9k or 1.25k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£3k(6.85%)
IMPORT GROWTH (June 2023 - June 2024)£138k(54.5%)
MAIN EXPORTER (June 2024)Grangemouth£55k
MAIN DESTINATION (June 2024)Ireland£28.2k

This section shows Animal Extracts'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 Animal Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$947k
IMPORTS (2022)$5.13M
NET TRADE (2022)-$4.18M

In 2022, United Kingdom exported $947k in Animal Extracts. The main destinations of United Kingdom exports on Animal Extracts were Singapore ($235k), France ($178k), Ireland ($178k), Japan ($98.6k), and United States ($54.9k).

In 2022, United Kingdom imported $5.13M in Animal Extracts, mainly from France ($1.44M), Italy ($826k), Brazil ($603k), Thailand ($555k), and Poland ($354k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Singapore$150k (176%)
France$104k (140%)
Japan$92.7k (1.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY United Kingdom WERE (2021 - 2022):
Ireland-$338k (-65.5%)
Grenada-$51.9k (-68.8%)
Germany-$25.7k (-84.2%)
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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 Animal Extracts were:
New Zealand $32M
Italy $28.2M
China $25.8M
In 2022, United Kingdom's main importing competitors in Animal Extracts were:
United States $37M
Japan $35.9M
Germany $26.5M

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57k
TOP IMPORT POTENTIALChina+ $122k

Animal Extracts’s highest export potential is United States. With an export gap of $57k.   Animal Extracts’s highest import potential is China with an import gap of $122k.

See methodology.

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