Sign In
Pricing

2022
Exports $21.7MWorld Rnk 25 / 123
Flag Rnk 724 / 1216
2022
Destination $2.1M Germany
2021 - 2022
FASTEST GROWING MARKET $2.1MGermany
2022
PRODUCT COMPLEXITY IN Steel Wire0.96Rnk 189 / 1025
2022
Imports $83MWorld Rnk 15 / 193
Flag Rnk 631 / 1214
2022
Origin $1.83M China
2021 - 2022
FASTEST GROWING ORIGIN $1.83MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $21.7M in Steel Wire, making it the 25th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 724th most exported product in United Kingdom. The main destination of Steel Wire exports from United Kingdom are: Germany ($8.34M), France ($2.76M), Poland ($2.34M), Spain ($1.29M), and Ireland ($1.09M).

The fastest growing export markets for Steel Wire of United Kingdom between 2021 and 2022 were Germany ($2.1M), France ($441k), and Sweden ($363k).

Imports In 2022, United Kingdom imported $83M in Steel Wire, becoming the 15th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 631st most imported product in United Kingdom. United Kingdom imports Steel Wire primarily from: China ($18.3M), Turkey ($17.8M), Italy ($8.47M), Germany ($7.53M), and Czechia ($7.51M).

The fastest growing import markets in Steel Wire for United Kingdom between 2021 and 2022 were Germany ($1.83M), Italy ($1.63M), and India ($1.49M).

COMPANIES In 2023, leading companies such as Amazon (3), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (1), and Volvo (1) were at the forefront of shipping Steel Wire from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Steel Wire exports accounted up to £954k and imports accounted up to £3.58M, resulting in a negative trade balance of £2.63M. Between June 2023 and June 2024 the exports of United Kingdom's   Steel Wire have decreased by £-548k (-36.5%) from £1.5M to £954k, while imports decreased by £-2.31M (-39.2%) from £5.89M to £3.58M.

Destinations In June 2024, Steel Wire were exported mostly to France (£526k), Poland (£141k), Ireland (£78.6k), Sweden (£62.3k), and Spain (£59.4k), and were imported mostly from China (£900k), Czechia (£547k), Italy (£459k), Germany (£394k), and Turkey (£375k).

Growth In June 2024, the decrease in Steel Wire's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-30.8k or -34.7%) and Italy (£-2.13k or -8.61%). In June 2024, the decrease in Steel Wire's year-by-year imports was explained primarily by a decrease in imports from Turkey (£-1.32M or -66.3%), China (£-655k or -46.6%), and Belgium (£-385k or -92.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-548k(-36.5%)
IMPORT GROWTH (June 2023 - June 2024)£-2.31M(-39.2%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£738k
MAIN DESTINATION (June 2024)France£526k

This section shows Steel 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 Steel Wire over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$21.7M
IMPORTS (2022)$83M
NET TRADE (2022)-$61.3M

In 2022, United Kingdom exported $21.7M in Steel Wire. The main destinations of United Kingdom exports on Steel Wire were Germany ($8.34M), France ($2.76M), Poland ($2.34M), Spain ($1.29M), and Ireland ($1.09M).

In 2022, United Kingdom imported $83M in Steel Wire, mainly from China ($18.3M), Turkey ($17.8M), Italy ($8.47M), Germany ($7.53M), and Czechia ($7.51M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Germany$2.1M (33.8%)
France$441k (19%)
Sweden$363k (60.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY United Kingdom WERE (2021 - 2022):
Libya-$16.1M (-98.3%)
Netherlands-$1.99M (-90.4%)
Bulgaria-$386k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Steel Wire were:
China $551M
Turkey $305M
South Korea $292M
In 2022, United Kingdom's main importing competitors in Steel Wire were:
Germany $351M
United States $321M
Poland $242M

Explore Visualizations

Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.1M
TOP IMPORT POTENTIALChina+ $3.18M

Steel Wire’s highest export potential is Germany. With an export gap of $1.1M.   Steel Wire’s highest import potential is China with an import gap of $3.18M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms