Baked Goods in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.19B in Baked Goods, making it the 12th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 66th most exported product in United Kingdom. The main destination of Baked Goods exports from United Kingdom are: Ireland ($320M), France ($139M), United States ($97.3M), Netherlands ($87.4M), and Australia ($67.7M).

The fastest growing export markets for Baked Goods of United Kingdom between 2021 and 2022 were United States ($26.8M), Japan ($9.69M), and United Arab Emirates ($9.05M).

Imports In 2022, United Kingdom imported $3.24B in Baked Goods, becoming the 3rd largest importer of Baked Goods in the world. At the same year, Baked Goods was the 33rd most imported product in United Kingdom. United Kingdom imports Baked Goods primarily from: France ($490M), Germany ($454M), Ireland ($435M), Netherlands ($317M), and Poland ($298M).

The fastest growing import markets in Baked Goods for United Kingdom between 2021 and 2022 were Poland ($128M), France ($67.9M), and Belgium ($56.3M).

COMPANIES In 2023, leading companies such as LOBLAWS INC (2) and GOYA FOODS INC (1) were at the forefront of shipping Baked Goods from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Baked Goods exports accounted up to £87.6M and imports accounted up to £279M, resulting in a negative trade balance of £191M. Between February 2023 and February 2024 the exports of United Kingdom's Baked Goods have increased by £11.3M (14.8%) from £76.3M to £87.6M, while imports increased by £32.7M (13.3%) from £246M to £279M.

Destinations In February 2024, Baked Goods were exported mostly to Ireland (£28.2M), France (£8.38M), Netherlands (£6.77M), Australia (£6.76M), and United States (£4.69M), and were imported mostly from Ireland (£42.6M), Germany (£40.2M), France (£37.7M), Belgium (£34.8M), and Netherlands (£25.6M).

Growth In February 2024, the increase in Baked Goods's year-by-year exports was explained primarily by an increase in exports to Ireland (£4.34M or 25.2%), Netherlands (£3.3M or 73.9%), and Poland (£1.02M or 160%). In February 2024, the increase in Baked Goods's year-by-year imports was explained primarily by an increase in imports from Belgium (£17.7M or 95.4%), France (£10.8M or 39.8%), and Poland (£8.91M or 66.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£11.3M(14.8%)

IMPORT GROWTH (February 2023 - February 2024)£32.7M(13.3%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£17.6M

MAIN DESTINATION (February 2024)Ireland£28.2M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.19B

IMPORTS (2022)$3.24B

NET TRADE (2022)-$2.05B

In 2022, United Kingdom exported $1.19B in Baked Goods. The main destinations of United Kingdom exports on Baked Goods were Ireland ($320M), France ($139M), United States ($97.3M), Netherlands ($87.4M), and Australia ($67.7M).

In 2022, United Kingdom imported $3.24B in Baked Goods, mainly from France ($490M), Germany ($454M), Ireland ($435M), Netherlands ($317M), and Poland ($298M).

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