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2022
Exports $96.2MWorld Rnk 6 / 170
Flag Rnk 411 / 1216
2022
Destination $890k Netherlands
2021 - 2022
FASTEST GROWING MARKET $890kQatar
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $37.4MWorld Rnk 22 / 220
Flag Rnk 805 / 1214
2022
Origin $864k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $864kUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $96.2M in Organic Composite Solvents, making it the 6th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 411th most exported product in United Kingdom. The main destination of Organic Composite Solvents exports from United Kingdom are: Netherlands ($10.8M), France ($9.27M), Italy ($7.06M), Germany ($5.16M), and Poland ($4.46M).

The fastest growing export markets for Organic Composite Solvents of United Kingdom between 2021 and 2022 were Qatar ($890k), United States ($809k), and Saudi Arabia ($792k).

Imports In 2022, United Kingdom imported $37.4M in Organic Composite Solvents, becoming the 22nd largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 805th most imported product in United Kingdom. United Kingdom imports Organic Composite Solvents primarily from: Netherlands ($9.51M), Germany ($6.55M), United States ($3.8M), France ($3.22M), and China ($2.93M).

The fastest growing import markets in Organic Composite Solvents for United Kingdom between 2021 and 2022 were United States ($864k), Germany ($336k), and Poland ($306k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Organic Composite Solvents exports accounted up to £8.4M and imports accounted up to £2.57M, resulting in a positive trade balance of £5.82M. Between June 2023 and June 2024 the exports of United Kingdom's   Organic Composite Solvents have increased by £2.31M (37.9%) from £6.09M to £8.4M, while imports decreased by £-769k (-23%) from £3.34M to £2.57M.

Destinations In June 2024, Organic Composite Solvents were exported mostly to Netherlands (£1.75M), Ireland (£711k), Belgium (£557k), France (£539k), and United States (£478k), and were imported mostly from Netherlands (£539k), France (£511k), Germany (£344k), Belgium (£284k), and United States (£231k).

Growth In June 2024, the increase in Organic Composite Solvents's year-by-year exports was explained primarily by an increase in exports to Netherlands (£362k or 58.9%), Poland (£225k or 187%), and Italy (£193k or 62.1%). In June 2024, the decrease in Organic Composite Solvents's year-by-year imports was explained primarily by a decrease in imports from France (£-49.3k or -12.3%), Poland (£-17.8k or -60.5%), and Lebanon (£-11.4k or -83.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£2.31M(37.9%)
IMPORT GROWTH (June 2023 - June 2024)£-769k(-23%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£2.72M
MAIN DESTINATION (June 2024)Netherlands£1.75M

This section shows Organic Composite Solvents'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 Organic Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$96.2M
IMPORTS (2022)$37.4M
NET TRADE (2022)$58.8M

In 2022, United Kingdom exported $96.2M in Organic Composite Solvents. The main destinations of United Kingdom exports on Organic Composite Solvents were Netherlands ($10.8M), France ($9.27M), Italy ($7.06M), Germany ($5.16M), and Poland ($4.46M).

In 2022, United Kingdom imported $37.4M in Organic Composite Solvents, mainly from Netherlands ($9.51M), Germany ($6.55M), United States ($3.8M), France ($3.22M), and China ($2.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Qatar$890k (308%)
United States$809k (24.6%)
Saudi Arabia$792k (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY United Kingdom WERE (2021 - 2022):
Russia-$2.53M (-79.4%)
Germany-$979k (-15.9%)
Ghana-$775k (-77.5%)
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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 Organic Composite Solvents were:
Germany $300M
United States $278M
Italy $166M
In 2022, United Kingdom's main importing competitors in Organic Composite Solvents were:
China $101M
United States $95M
Vietnam $89.2M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.88M
TOP IMPORT POTENTIALGermany+ $2.08M

Organic Composite Solvents’s highest export potential is Germany. With an export gap of $1.88M.   Organic Composite Solvents’s highest import potential is Germany with an import gap of $2.08M.

See methodology.

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