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2022
Exports $28.7MWorld Rnk 4 / 98
Flag Rnk 665 / 1216
2022
Destination $2.13M Belgium
2021 - 2022
FASTEST GROWING MARKET $2.13MBelgium
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn-0.16Rnk 600 / 1025
2022
Imports $71.9MWorld Rnk 1 / 145
Flag Rnk 670 / 1214
2022
Origin $3.69M Italy
2021 - 2022
FASTEST GROWING ORIGIN $3.69MItaly
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $28.7M in Non-Retail Carded Wool Yarn, making it the 4th largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 665th most exported product in United Kingdom. The main destination of Non-Retail Carded Wool Yarn exports from United Kingdom are: Belgium ($5.41M), United States ($3.23M), Ireland ($3.17M), Italy ($2.15M), and Poland ($1.58M).

The fastest growing export markets for Non-Retail Carded Wool Yarn of United Kingdom between 2021 and 2022 were Belgium ($2.13M), France ($589k), and Australia ($537k).

Imports In 2022, United Kingdom imported $71.9M in Non-Retail Carded Wool Yarn, becoming the 1st largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 670th most imported product in United Kingdom. United Kingdom imports Non-Retail Carded Wool Yarn primarily from: Italy ($27.9M), Lithuania ($20.1M), Mauritius ($6.05M), Portugal ($6.03M), and Turkey ($3.97M).

The fastest growing import markets in Non-Retail Carded Wool Yarn for United Kingdom between 2021 and 2022 were Italy ($3.69M), Mauritius ($1.98M), and Turkey ($961k).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Non-Retail Carded Wool Yarn exports accounted up to £2.87M and imports accounted up to £4.62M, resulting in a negative trade balance of £1.75M. Between February 2023 and February 2024 the exports of United Kingdom's   Non-Retail Carded Wool Yarn have increased by £621k (27.6%) from £2.25M to £2.87M, while imports increased by £167k (3.76%) from £4.45M to £4.62M.

Destinations In February 2024, Non-Retail Carded Wool Yarn were exported mostly to Belgium (£573k), Ireland (£363k), Morocco (£348k), Madagascar (£302k), and Hong Kong (£179k), and were imported mostly from Italy (£1.34M), Denmark (£1.12M), Lithuania (£708k), France (£456k), and Hungary (£317k).

Growth In February 2024, the increase in Non-Retail Carded Wool Yarn's year-by-year exports was explained primarily by an increase in exports to Belgium (£270k or 185%), Spain (£117k or 750%), and Denmark (£91k or 188%). In February 2024, the increase in Non-Retail Carded Wool Yarn's year-by-year imports was explained primarily by an increase in imports from France (£162k or 66%), Spain (£86.4k or 609%), and Portugal (£59k or 78.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)£621k(27.6%)
IMPORT GROWTH (February 2023 - February 2024)£167k(3.76%)
MAIN EXPORTER (February 2024)Dover Eurotunnel£1.28M
MAIN DESTINATION (February 2024)Belgium£573k

This section shows Non-Retail Carded Wool Yarn'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 Non-Retail Carded Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.7M
IMPORTS (2022)$71.9M
NET TRADE (2022)-$43.2M

In 2022, United Kingdom exported $28.7M in Non-Retail Carded Wool Yarn. The main destinations of United Kingdom exports on Non-Retail Carded Wool Yarn were Belgium ($5.41M), United States ($3.23M), Ireland ($3.17M), Italy ($2.15M), and Poland ($1.58M).

In 2022, United Kingdom imported $71.9M in Non-Retail Carded Wool Yarn, mainly from Italy ($27.9M), Lithuania ($20.1M), Mauritius ($6.05M), Portugal ($6.03M), and Turkey ($3.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$2.13M (64.7%)
France$589k (504%)
Australia$537k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY United Kingdom WERE (2021 - 2022):
Italy-$966k (-31%)
Netherlands-$744k (-32.7%)
China-$357k (-53.5%)
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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 Non-Retail Carded Wool Yarn were:
Italy $159M
China $104M
Lithuania $75.5M
In 2022, United Kingdom's main importing competitors in Non-Retail Carded Wool Yarn were:
Hong Kong $41.9M
Netherlands $27.1M

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

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