Raw Aluminium in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $858M in Raw Aluminium, making it the 26th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 90th most exported product in United Kingdom. The main destination of Raw Aluminium exports from United Kingdom are: Germany ($641M), Switzerland ($86M), Greece ($28.7M), Ireland ($16.6M), and France ($14.8M).

The fastest growing export markets for Raw Aluminium of United Kingdom between 2021 and 2022 were Germany ($167M), Greece ($11.6M), and Nicaragua ($9.03M).

Imports In 2022, United Kingdom imported $914M in Raw Aluminium, becoming the 23rd largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 139th most imported product in United Kingdom. United Kingdom imports Raw Aluminium primarily from: Mozambique ($214M), United Arab Emirates ($136M), Iceland ($128M), South Africa ($119M), and Norway ($45.7M).

The fastest growing import markets in Raw Aluminium for United Kingdom between 2021 and 2022 were Kazakhstan ($42.2M), South Africa ($37M), and United Arab Emirates ($24.1M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (232) were at the forefront of shipping Raw Aluminium from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Raw Aluminium exports accounted up to £50.4M and imports accounted up to £23.7M, resulting in a positive trade balance of £26.7M. Between January 2023 and January 2024 the exports of United Kingdom's Raw Aluminium have increased by £14.3M (39.8%) from £36M to £50.4M, while imports decreased by £-18.9M (-44.3%) from £42.6M to £23.7M.

Destinations In January 2024, Raw Aluminium were exported mostly to Germany (£34.1M), Switzerland (£6.8M), Greece (£4.28M), Ireland (£1.35M), and France (£808k), and were imported mostly from Iceland (£6.83M), Netherlands (£5.22M), Norway (£4.19M), United Arab Emirates (£3.25M), and France (£1.96M).

Growth In January 2024, the increase in Raw Aluminium's year-by-year exports was explained primarily by an increase in exports to Greece (£2.19M or 175%), France (£631k or 191%), and Ireland (£347k or 88.3%). In January 2024, the decrease in Raw Aluminium's year-by-year imports was explained primarily by a decrease in imports from South Africa (£-6.65M or -99.1%), Iceland (£-6.29M or -72.7%), and Norway (£-2.52M or -75.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£14.3M(39.8%)

IMPORT GROWTH (January 2023 - January 2024)£-18.9M(-44.3%)

MAIN EXPORTER (January 2024)Goole£27.8M

MAIN DESTINATION (January 2024)Germany£34.1M

This section shows Raw Aluminium'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 Raw Aluminium over time.

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