Iron Cloth in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $106M in Iron Cloth, making it the 16th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 396th most exported product in United Kingdom. The main destination of Iron Cloth exports from United Kingdom are: Ireland ($27.3M), France ($14.5M), Sweden ($7.58M), Netherlands ($5.21M), and Norway ($4.44M).

The fastest growing export markets for Iron Cloth of United Kingdom between 2021 and 2022 were France ($4.71M), Nicaragua ($2.07M), and Kuwait ($1.91M).

Imports In 2022, United Kingdom imported $237M in Iron Cloth, becoming the 6th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 410th most imported product in United Kingdom. United Kingdom imports Iron Cloth primarily from: Portugal ($48.4M), China ($35.4M), Spain ($30.6M), Italy ($19.9M), and Netherlands ($19.9M).

The fastest growing import markets in Iron Cloth for United Kingdom between 2021 and 2022 were Spain ($14.6M), Turkey ($5.06M), and Germany ($4.12M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Iron Cloth exports accounted up to £8.11M and imports accounted up to £8.95M, resulting in a negative trade balance of £839k. Between February 2023 and February 2024 the exports of United Kingdom's Iron Cloth have increased by £1.47M (22.2%) from £6.64M to £8.11M, while imports decreased by £-2.5M (-21.9%) from £11.5M to £8.95M.

Destinations In February 2024, Iron Cloth were exported mostly to Ireland (£2.28M), France (£875k), United States (£755k), Netherlands (£722k), and Singapore (£579k), and were imported mostly from China (£1.64M), Netherlands (£1.43M), Italy (£1.05M), Turkey (£733k), and Belgium (£675k).

Growth In February 2024, the increase in Iron Cloth's year-by-year exports was explained primarily by an increase in exports to Ireland (£991k or 72%), Falkland Islands (£352k or 11.7k%), and France (£338k or 126%). In February 2024, the decrease in Iron Cloth's year-by-year imports was explained primarily by a decrease in imports from China (£-2.08M or -57.1%), Spain (£-1.96M or -83.8%), and Portugal (£-1.17M or -95.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£1.47M(22.2%)

IMPORT GROWTH (February 2023 - February 2024)£-2.5M(-21.9%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£1.96M

MAIN DESTINATION (February 2024)Ireland£2.28M

This section shows Iron Cloth'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 Iron Cloth over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$106M

IMPORTS (2022)$237M

NET TRADE (2022)-$131M

In 2022, United Kingdom exported $106M in Iron Cloth. The main destinations of United Kingdom exports on Iron Cloth were Ireland ($27.3M), France ($14.5M), Sweden ($7.58M), Netherlands ($5.21M), and Norway ($4.44M).

In 2022, United Kingdom imported $237M in Iron Cloth, mainly from Portugal ($48.4M), China ($35.4M), Spain ($30.6M), Italy ($19.9M), and Netherlands ($19.9M).

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