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2022
Exports $4.29MWorld Rnk 29 / 112
Flag Rnk 981 / 1216
2022
Destination $352k Ireland
2021 - 2022
FASTEST GROWING MARKET $352kFrance
2022
PRODUCT COMPLEXITY IN Forage Crops-0.89Rnk 805 / 1025
2022
Imports $22.1MWorld Rnk 18 / 171
Flag Rnk 894 / 1214
2022
Origin $901k Italy
2021 - 2022
FASTEST GROWING ORIGIN $901kCanada
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $4.29M in Forage Crops, making it the 29th largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 981st most exported product in United Kingdom. The main destination of Forage Crops exports from United Kingdom are: Ireland ($922k), France ($812k), Netherlands ($437k), Malta ($435k), and United Arab Emirates ($215k).

The fastest growing export markets for Forage Crops of United Kingdom between 2021 and 2022 were France ($352k), United States ($182k), and Canada ($115k).

Imports In 2022, United Kingdom imported $22.1M in Forage Crops, becoming the 18th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 894th most imported product in United Kingdom. United Kingdom imports Forage Crops primarily from: Italy ($8.82M), France ($4.21M), Netherlands ($3.63M), United States ($2.07M), and Canada ($1.03M).

The fastest growing import markets in Forage Crops for United Kingdom between 2021 and 2022 were Canada ($901k), Netherlands ($864k), and France ($789k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Forage Crops exports accounted up to £279k and imports accounted up to £578k, resulting in a negative trade balance of £299k. Between June 2023 and June 2024 the exports of United Kingdom's   Forage Crops have increased by £107k (62%) from £172k to £279k, while imports decreased by £-316k (-35.3%) from £894k to £578k.

Destinations In June 2024, Forage Crops were exported mostly to Ireland (£113k), France (£48.8k), Indonesia (£29k), Malta (£25.4k), and Netherlands (£19k), and were imported mostly from France (£178k), Netherlands (£158k), United States (£94.4k), Germany (£89.4k), and Poland (£22.9k).

Growth In June 2024, the increase in Forage Crops's year-by-year exports was explained primarily by an increase in exports to France (£24.4k or 103%), Germany (£8.12k or 1.86k%), and Denmark (£5.75k or 125%). In June 2024, the decrease in Forage Crops's year-by-year imports was explained primarily by a decrease in imports from Italy (£-1.02M or -98.9%), Ireland (£-98.7k or -97.8%), and Canada (£-10.1k or -27.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£107k(62%)
IMPORT GROWTH (June 2023 - June 2024)£-316k(-35.3%)
MAIN EXPORTER (June 2024)Southampton£101k
MAIN DESTINATION (June 2024)Ireland£113k

This section shows Forage Crops'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 Forage Crops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.29M
IMPORTS (2022)$22.1M
NET TRADE (2022)-$17.8M

In 2022, United Kingdom exported $4.29M in Forage Crops. The main destinations of United Kingdom exports on Forage Crops were Ireland ($922k), France ($812k), Netherlands ($437k), Malta ($435k), and United Arab Emirates ($215k).

In 2022, United Kingdom imported $22.1M in Forage Crops, mainly from Italy ($8.82M), France ($4.21M), Netherlands ($3.63M), United States ($2.07M), and Canada ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$352k (76.6%)
United States$182k (2.42k%)
Canada$115k (13.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY United Kingdom WERE (2021 - 2022):
Ireland-$469k (-33.7%)
Netherlands-$433k (-49.8%)
United Arab Emirates-$179k (-45.5%)
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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 Forage Crops were:
United States $2.03B
Australia $555M
Spain $452M
In 2022, United Kingdom's main importing competitors in Forage Crops were:
China $993M
Japan $926M
United Arab Emirates $482M

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Trade Value of Forage Crops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $246k
TOP IMPORT POTENTIALUnited States+ $2.05M

Forage Crops’s highest export potential is Netherlands. With an export gap of $246k.   Forage Crops’s highest import potential is United States with an import gap of $2.05M.

See methodology.

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