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2022
Exports $9.56MWorld Rnk 58 / 189
Flag Rnk 856 / 1216
2022
Destination $163k Ireland
2021 - 2022
FASTEST GROWING MARKET $163kIreland
2022
PRODUCT COMPLEXITY IN Perfume Plants-1.82Rnk 983 / 1025
2022
Imports $87.1MWorld Rnk 14 / 213
Flag Rnk 624 / 1214
2022
Origin $4.04M India
2021 - 2022
FASTEST GROWING ORIGIN $4.04MIsrael
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $9.56M in Perfume Plants, making it the 58th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 856th most exported product in United Kingdom. The main destination of Perfume Plants exports from United Kingdom are: Ireland ($2.05M), United States ($1.76M), Canada ($938k), Netherlands ($879k), and Germany ($456k).

The fastest growing export markets for Perfume Plants of United Kingdom between 2021 and 2022 were Ireland ($163k), Hungary ($156k), and Saudi Arabia ($88.2k).

Imports In 2022, United Kingdom imported $87.1M in Perfume Plants, becoming the 14th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 624th most imported product in United Kingdom. United Kingdom imports Perfume Plants primarily from: India ($14.5M), Spain ($10.7M), Germany ($10.5M), Kenya ($6.9M), and Israel ($5.55M).

The fastest growing import markets in Perfume Plants for United Kingdom between 2021 and 2022 were Israel ($4.04M), India ($3.83M), and Kenya ($3.04M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Perfume Plants exports accounted up to £925k and imports accounted up to £7.87M, resulting in a negative trade balance of £6.95M. Between June 2023 and June 2024 the exports of United Kingdom's   Perfume Plants have increased by £86.4k (10.3%) from £838k to £925k, while imports increased by £304k (4.01%) from £7.57M to £7.87M.

Destinations In June 2024, Perfume Plants were exported mostly to Portugal (£251k), Ireland (£171k), United States (£159k), Canada (£58.2k), and Australia (£51.5k), and were imported mostly from Germany (£875k), France (£825k), Kenya (£699k), India (£645k), and Netherlands (£556k).

Growth In June 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to Ireland (£106k or 136%), Germany (£62k or 349%), and United States (£20.3k or 20.2%). In June 2024, the increase in Perfume Plants's year-by-year imports was explained primarily by an increase in imports from China (£694k or 268%), Israel (£244k or 82.7%), and Kenya (£227k or 34.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£86.4k(10.3%)
IMPORT GROWTH (June 2023 - June 2024)£304k(4.01%)
MAIN EXPORTER (June 2024)London Heathrow Airport£367k
MAIN DESTINATION (June 2024)Portugal£251k

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.56M
IMPORTS (2022)$87.1M
NET TRADE (2022)-$77.6M

In 2022, United Kingdom exported $9.56M in Perfume Plants. The main destinations of United Kingdom exports on Perfume Plants were Ireland ($2.05M), United States ($1.76M), Canada ($938k), Netherlands ($879k), and Germany ($456k).

In 2022, United Kingdom imported $87.1M in Perfume Plants, mainly from India ($14.5M), Spain ($10.7M), Germany ($10.5M), Kenya ($6.9M), and Israel ($5.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$163k (8.64%)
Hungary$156k (1.33k%)
Saudi Arabia$88.2k (1.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY United Kingdom WERE (2021 - 2022):
Netherlands-$1.81M (-67.3%)
Canada-$965k (-50.7%)
Belgium-$663k (-83.6%)
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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 Perfume Plants were:
China $961M
India $461M
Germany $192M
In 2022, United Kingdom's main importing competitors in Perfume Plants were:
United States $522M
Germany $457M
China $328M

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $953k
TOP IMPORT POTENTIALChina+ $4.57M

Perfume Plants’s highest export potential is United States. With an export gap of $953k.   Perfume Plants’s highest import potential is China with an import gap of $4.57M.

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