Malt in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $132M in Malt, making it the 11th largest exporter of Malt in the world. At the same year, Malt was the 349th most exported product in United Kingdom. The main destination of Malt exports from United Kingdom are: Japan ($56.2M), United States ($26.1M), Thailand ($4.58M), Netherlands ($3.42M), and Canada ($2.74M).

The fastest growing export markets for Malt of United Kingdom between 2021 and 2022 were Japan ($13.5M), Colombia ($1.4M), and Cyprus ($933k).

Imports In 2022, United Kingdom imported $59.5M in Malt, becoming the 19th largest importer of Malt in the world. At the same year, Malt was the 704th most imported product in United Kingdom. United Kingdom imports Malt primarily from: Sweden ($14.7M), Germany ($13.6M), Ireland ($9.27M), Belgium ($7.66M), and Poland ($5.78M).

The fastest growing import markets in Malt for United Kingdom between 2021 and 2022 were Germany ($10.9M), Poland ($3.86M), and Belgium ($3.34M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Malt exports accounted up to £10.3M and imports accounted up to £7.21M, resulting in a positive trade balance of £3.05M. Between February 2023 and February 2024 the exports of United Kingdom's Malt have increased by £650k (6.76%) from £9.61M to £10.3M, while imports increased by £5.34M (285%) from £1.87M to £7.21M.

Destinations In February 2024, Malt were exported mostly to Japan (£4.76M), United States (£1.13M), Thailand (£714k), Chinese Taipei (£464k), and China (£396k), and were imported mostly from Sweden (£5.14M), Belgium (£1.06M), Ireland (£821k), Germany (£181k), and United States (£7.16k).

Growth In February 2024, the increase in Malt's year-by-year exports was explained primarily by an increase in exports to Thailand (£912k or 666%), Chinese Taipei (£238k or 396%), and Netherlands (£230k or 113%). In February 2024, the increase in Malt's year-by-year imports was explained primarily by an increase in imports from Sweden (£1.66M or 109%) and Germany (£1.33M or 586%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£650k(6.76%)

IMPORT GROWTH (February 2023 - February 2024)£5.34M(285%)

MAIN EXPORTER (February 2024)Felixstowe£6.23M

MAIN DESTINATION (February 2024)Japan£4.76M

This section shows Malt'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 Malt over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$132M

IMPORTS (2022)$59.5M

NET TRADE (2022)$72.2M

In 2022, United Kingdom exported $132M in Malt. The main destinations of United Kingdom exports on Malt were Japan ($56.2M), United States ($26.1M), Thailand ($4.58M), Netherlands ($3.42M), and Canada ($2.74M).

In 2022, United Kingdom imported $59.5M in Malt, mainly from Sweden ($14.7M), Germany ($13.6M), Ireland ($9.27M), Belgium ($7.66M), and Poland ($5.78M).

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