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2022
Exports $1.85MWorld Rnk 25 / 130
Flag Rnk 1063 / 1216
2022
Destination $314k Ireland
2021 - 2022
FASTEST GROWING MARKET $314kFrance
2022
Imports $9.48MWorld Rnk 6 / 210
Flag Rnk 1013 / 1214
2022
Origin $1.77M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $1.77MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.85M in Barbed Wire, making it the 25th largest exporter of Barbed Wire in the world. At the same year, Barbed Wire was the 1063rd most exported product in United Kingdom. The main destination of Barbed Wire exports from United Kingdom are: Ireland ($747k), France ($474k), United Kingdom ($90.8k), Brazil ($66k), and Iceland ($45.1k).

The fastest growing export markets for Barbed Wire of United Kingdom between 2021 and 2022 were France ($314k), United Kingdom ($88k), and Madagascar ($32.3k).

Imports In 2022, United Kingdom imported $9.48M in Barbed Wire, becoming the 6th largest importer of Barbed Wire in the world. At the same year, Barbed Wire was the 1013th most imported product in United Kingdom. United Kingdom imports Barbed Wire primarily from: New Zealand ($4.01M), China ($2.29M), Spain ($1.25M), Ireland ($433k), and South Africa ($382k).

The fastest growing import markets in Barbed Wire for United Kingdom between 2021 and 2022 were China ($1.77M), New Zealand ($1.23M), and Turkey ($138k).

COMPANIES In 2023, leading companies such as Pernod Ricard (10) were at the forefront of shipping Barbed Wire from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Barbed Wire exports accounted up to £476k and imports accounted up to £166k, resulting in a positive trade balance of £309k. Between June 2023 and June 2024 the exports of United Kingdom's   Barbed Wire have increased by £377k (381%) from £98.8k to £476k, while imports decreased by £-103k (-38.3%) from £269k to £166k.

Destinations In June 2024, Barbed Wire were exported mostly to Colombia (£361k), Ireland (£59.4k), United States (£35.9k), Finland (£11.2k), and Australia (£4.42k), and were imported mostly from Spain (£56.2k), South Africa (£44.8k), Ireland (£22.3k), Mexico (£21.8k), and United States (£13.5k).

Growth In June 2024, the increase in Barbed Wire's year-by-year exports was explained primarily by an increase in exports to Ireland (£50.3k or 271%) and United States (£26.4k or 1.75k%). In June 2024, the decrease in Barbed Wire's year-by-year imports was explained primarily by a decrease in imports from China (£-249k or -82.4%) and Spain (£-10.3k or -22.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£377k(381%)
IMPORT GROWTH (June 2023 - June 2024)£-103k(-38.3%)
MAIN EXPORTER (June 2024)London Gateway£365k
MAIN DESTINATION (June 2024)Colombia£361k

This section shows Barbed Wire'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 Barbed Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.85M
IMPORTS (2022)$9.48M
NET TRADE (2022)-$7.62M

In 2022, United Kingdom exported $1.85M in Barbed Wire. The main destinations of United Kingdom exports on Barbed Wire were Ireland ($747k), France ($474k), United Kingdom ($90.8k), Brazil ($66k), and Iceland ($45.1k).

In 2022, United Kingdom imported $9.48M in Barbed Wire, mainly from New Zealand ($4.01M), China ($2.29M), Spain ($1.25M), Ireland ($433k), and South Africa ($382k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Barbed Wire EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$314k (197%)
United Kingdom$88k (3.18k%)
Madagascar$32.3k (1.53k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Barbed Wire BY United Kingdom WERE (2021 - 2022):
Sweden-$315k (-93.3%)
Saudi Arabia-$172k (-100%)
Germany-$138k (-88.5%)
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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 Barbed Wire were:
China $215M
Turkey $26M
Spain $19.2M
In 2022, United Kingdom's main importing competitors in Barbed Wire were:
United States $16.7M
France $15.2M
Thailand $12.9M

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Trade Value of Barbed Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.9k
TOP IMPORT POTENTIALChina+ $668k

Barbed Wire’s highest export potential is United States. With an export gap of $51.9k.   Barbed Wire’s highest import potential is China with an import gap of $668k.

See methodology.

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