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Pricing

2022
Exports $2MWorld Rnk 32 / 103
Flag Rnk 1054 / 1216
2022
Destination $143k South Korea
2021 - 2022
FASTEST GROWING MARKET $143kNetherlands
2022
PRODUCT COMPLEXITY IN Tanned Furskins-0.55Rnk 714 / 1025
2022
Imports $13.8MWorld Rnk 14 / 138
Flag Rnk 970 / 1214
2022
Origin $498k China
2021 - 2022
FASTEST GROWING ORIGIN $498kUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2M in Tanned Furskins, making it the 32nd largest exporter of Tanned Furskins in the world. At the same year, Tanned Furskins was the 1054th most exported product in United Kingdom. The main destination of Tanned Furskins exports from United Kingdom are: South Korea ($614k), Dominican Republic ($368k), Turkey ($174k), Netherlands ($169k), and Greece ($117k).

The fastest growing export markets for Tanned Furskins of United Kingdom between 2021 and 2022 were Netherlands ($143k), Turkey ($83.4k), and Poland ($18.3k).

Imports In 2022, United Kingdom imported $13.8M in Tanned Furskins, becoming the 14th largest importer of Tanned Furskins in the world. At the same year, Tanned Furskins was the 970th most imported product in United Kingdom. United Kingdom imports Tanned Furskins primarily from: China ($4.3M), Turkey ($1.83M), Poland ($1.54M), United States ($909k), and Spain ($684k).

The fastest growing import markets in Tanned Furskins for United Kingdom between 2021 and 2022 were United States ($498k), Finland ($259k), and Germany ($174k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Tanned Furskins exports accounted up to £102k and imports accounted up to £761k, resulting in a negative trade balance of £659k. Between June 2023 and June 2024 the exports of United Kingdom's   Tanned Furskins have decreased by £-38.4k (-27.3%) from £141k to £102k, while imports increased by £46.3k (6.47%) from £715k to £761k.

Destinations In June 2024, Tanned Furskins were exported mostly to South Korea (£35.1k), France (£28.4k), Ireland (£16k), Greece (£7.88k), and United States (£5.61k), and were imported mostly from China (£192k), Poland (£185k), Turkey (£176k), Portugal (£43.7k), and Italy (£41.3k).

Growth In June 2024, the decrease in Tanned Furskins's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Tanned Furskins's year-by-year imports was explained primarily by an increase in imports from Netherlands (£62.5k or 512%), Germany (£44.4k or 117%), and Brazil (£14.6k or 667%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-38.4k(-27.3%)
IMPORT GROWTH (June 2023 - June 2024)£46.3k(6.47%)
MAIN EXPORTER (June 2024)London Heathrow Airport£73.5k
MAIN DESTINATION (June 2024)South Korea£35.1k

This section shows Tanned Furskins'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 Tanned Furskins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2M
IMPORTS (2022)$13.8M
NET TRADE (2022)-$11.8M

In 2022, United Kingdom exported $2M in Tanned Furskins. The main destinations of United Kingdom exports on Tanned Furskins were South Korea ($614k), Dominican Republic ($368k), Turkey ($174k), Netherlands ($169k), and Greece ($117k).

In 2022, United Kingdom imported $13.8M in Tanned Furskins, mainly from China ($4.3M), Turkey ($1.83M), Poland ($1.54M), United States ($909k), and Spain ($684k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Furskins EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$143k (550%)
Turkey$83.4k (92.1%)
Poland$18.3k (2.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Furskins BY United Kingdom WERE (2021 - 2022):
South Korea-$829k (-57.5%)
Dominican Republic-$733k (-66.6%)
Hong Kong-$300k (-79.3%)
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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 Tanned Furskins were:
China $174M
Cambodia $161M
Thailand $124M
In 2022, United Kingdom's main importing competitors in Tanned Furskins were:
China $329M
Italy $55.7M
Germany $50.6M

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Trade Value of Tanned Furskins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $98.5k
TOP IMPORT POTENTIALSpain+ $348k

Tanned Furskins’s highest export potential is United States. With an export gap of $98.5k.   Tanned Furskins’s highest import potential is Spain with an import gap of $348k.

See methodology.

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