Optical Fibers and optical fibre bundles in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $649M in Optical Fibers and optical fibre bundles, making it the 11th largest exporter of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 114th most exported product in United Kingdom. The main destination of Optical Fibers and optical fibre bundles exports from United Kingdom are: United States ($107M), Spain ($59.2M), Japan ($54.4M), Belgium ($48.1M), and Germany ($43.2M).

The fastest growing export markets for Optical Fibers and optical fibre bundles of United Kingdom between 2021 and 2022 were Ukraine ($6.35M), South Korea ($5.62M), and Chinese Taipei ($3.25M).

Imports In 2022, United Kingdom imported $903M in Optical Fibers and optical fibre bundles, becoming the 10th largest importer of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 141st most imported product in United Kingdom. United Kingdom imports Optical Fibers and optical fibre bundles primarily from: United States ($191M), Germany ($117M), India ($81.8M), China ($79.3M), and Hungary ($69.4M).

The fastest growing import markets in Optical Fibers and optical fibre bundles for United Kingdom between 2021 and 2022 were United States ($43.8M), India ($21.9M), and China ($19.6M).

COMPANIES In 2023, leading companies such as DIAGEO PLC (11) and FORD MOTOR COMPANY (1) were at the forefront of shipping Optical Fibers and optical fibre bundles from United Kingdom to the United States.

Latest Trends

February 2024

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Overview In February 2024 United Kingdom's Optical Fibers and optical fibre bundles exports accounted up to £48.5M and imports accounted up to £52.6M, resulting in a negative trade balance of £4.07M. Between February 2023 and February 2024 the exports of United Kingdom's Optical Fibers and optical fibre bundles have increased by £4.03M (9.07%) from £44.5M to £48.5M, while imports decreased by £-199k (-0.38%) from £52.8M to £52.6M.

Destinations In February 2024, Optical Fibers and optical fibre bundles were exported mostly to United States (£9.03M), Belgium (£5.15M), Spain (£4.95M), Japan (£3.71M), and Germany (£3.2M), and were imported mostly from United States (£8.25M), Germany (£8.24M), Hungary (£6.08M), Ireland (£6.05M), and Thailand (£5.18M).

Growth In February 2024, the increase in Optical Fibers and optical fibre bundles's year-by-year exports was explained primarily by an increase in exports to United States (£1.04M or 12.7%), Russia (£991k or 458%), and Denmark (£815k or 74.5%). In February 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year imports was explained primarily by a decrease in imports from United States (£-991k or -11%), France (£-677k or -43.5%), and Hong Kong (£-451k or -24.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£4.03M(9.07%)

IMPORT GROWTH (February 2023 - February 2024)£-199k(-0.38%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£18.2M

MAIN DESTINATION (February 2024)United States£9.03M

This section shows Optical Fibers and optical fibre bundles'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 Optical Fibers and optical fibre bundles over time.

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