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2022
Exports $82.4MWorld Rnk 13 / 144
Flag Rnk 442 / 1216
2022
Destination $4.21M France
2021 - 2022
FASTEST GROWING MARKET $4.21MNetherlands
2022
PRODUCT COMPLEXITY IN Waxes0.46Rnk 381 / 1025
2022
Imports $125MWorld Rnk 11 / 203
Flag Rnk 550 / 1214
2022
Origin $5.94M Germany
2021 - 2022
FASTEST GROWING ORIGIN $5.94MBelgium
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $82.4M in Waxes, making it the 13th largest exporter of Waxes in the world. At the same year, Waxes was the 442nd most exported product in United Kingdom. The main destination of Waxes exports from United Kingdom are: France ($11.5M), United States ($10.4M), Netherlands ($9.03M), Germany ($6.79M), and Italy ($5.42M).

The fastest growing export markets for Waxes of United Kingdom between 2021 and 2022 were Netherlands ($4.21M), Italy ($2.03M), and United States ($1.71M).

Imports In 2022, United Kingdom imported $125M in Waxes, becoming the 11th largest importer of Waxes in the world. At the same year, Waxes was the 550th most imported product in United Kingdom. United Kingdom imports Waxes primarily from: Germany ($37.9M), Netherlands ($21M), Belgium ($14.4M), Denmark ($11.5M), and United States ($10.8M).

The fastest growing import markets in Waxes for United Kingdom between 2021 and 2022 were Belgium ($5.94M), China ($5.68M), and Denmark ($3.71M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Waxes exports accounted up to £4.76M and imports accounted up to £7.29M, resulting in a negative trade balance of £2.53M. Between June 2023 and June 2024 the exports of United Kingdom's   Waxes have decreased by £-267k (-5.31%) from £5.03M to £4.76M, while imports decreased by £-1.13M (-13.4%) from £8.42M to £7.29M.

Destinations In June 2024, Waxes were exported mostly to United States (£974k), Germany (£424k), France (£378k), Italy (£354k), and Ireland (£303k), and were imported mostly from Germany (£2.85M), Netherlands (£871k), Denmark (£743k), Belgium (£658k), and France (£521k).

Growth In June 2024, the decrease in Waxes's year-by-year exports was explained primarily by a decrease in exports to Sweden (£-162k or -38%), Australia (£-43.1k or -79.2%), and Denmark (£-33.2k or -87.9%). In June 2024, the decrease in Waxes's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-437k or -26.8%), United States (£-203k or -47.5%), and France (£-165k or -23.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-267k(-5.31%)
IMPORT GROWTH (June 2023 - June 2024)£-1.13M(-13.4%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£2.74M
MAIN DESTINATION (June 2024)United States£974k

This section shows Waxes'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 Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.4M
IMPORTS (2022)$125M
NET TRADE (2022)-$42.5M

In 2022, United Kingdom exported $82.4M in Waxes. The main destinations of United Kingdom exports on Waxes were France ($11.5M), United States ($10.4M), Netherlands ($9.03M), Germany ($6.79M), and Italy ($5.42M).

In 2022, United Kingdom imported $125M in Waxes, mainly from Germany ($37.9M), Netherlands ($21M), Belgium ($14.4M), Denmark ($11.5M), and United States ($10.8M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$4.21M (87.3%)
Italy$2.03M (59.8%)
United States$1.71M (19.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY United Kingdom WERE (2021 - 2022):
Cote d'Ivoire-$2.29M (-70.2%)
Togo-$601k (-92%)
Germany-$565k (-7.68%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Waxes were:
Germany $806M
United States $613M
China $485M
In 2022, United Kingdom's main importing competitors in Waxes were:
China $461M
United States $324M
Germany $251M

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.13M
TOP IMPORT POTENTIALChina+ $4.51M

Waxes’s highest export potential is United States. With an export gap of $3.13M.   Waxes’s highest import potential is China with an import gap of $4.51M.

See methodology.

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