Plastic Lids in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.38B in Plastic Lids, making it the 15th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 57th most exported product in United Kingdom. The main destination of Plastic Lids exports from United Kingdom are: Ireland ($231M), Germany ($161M), Netherlands ($137M), France ($130M), and United States ($75M).

The fastest growing export markets for Plastic Lids of United Kingdom between 2021 and 2022 were Czechia ($15.6M), United Kingdom ($13.8M), and Switzerland ($4.21M).

Imports In 2022, United Kingdom imported $2.75B in Plastic Lids, becoming the 6th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 45th most imported product in United Kingdom. United Kingdom imports Plastic Lids primarily from: Germany ($451M), China ($384M), France ($199M), Turkey ($176M), and Netherlands ($166M).

The fastest growing import markets in Plastic Lids for United Kingdom between 2021 and 2022 were Turkey ($26.3M), United States ($26M), and Poland ($21.6M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1) were at the forefront of shipping Plastic Lids from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Plastic Lids exports accounted up to £89.6M and imports accounted up to £157M, resulting in a negative trade balance of £67.3M. Between February 2023 and February 2024 the exports of United Kingdom's Plastic Lids have decreased by £-2.01M (-2.19%) from £91.6M to £89.6M, while imports decreased by £-15.1M (-8.8%) from £172M to £157M.

Destinations In February 2024, Plastic Lids were exported mostly to Ireland (£17M), Germany (£10.9M), France (£7.88M), Netherlands (£7.63M), and Poland (£4.22M), and were imported mostly from Germany (£24.1M), China (£19.8M), Netherlands (£15.2M), France (£14.7M), and Turkey (£11.4M).

Growth In February 2024, the decrease in Plastic Lids's year-by-year exports was explained primarily by a decrease in exports to Hungary (£-2.39M or -81.2%), United States (£-2.22M or -41.2%), and South Africa (£-1.95M or -85.1%). In February 2024, the decrease in Plastic Lids's year-by-year imports was explained primarily by a decrease in imports from China (£-12.8M or -37.9%), Germany (£-2.17M or -8.38%), and Malaysia (£-2.02M or -62.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-2.01M(-2.19%)

IMPORT GROWTH (February 2023 - February 2024)£-15.1M(-8.8%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£31M

MAIN DESTINATION (February 2024)Ireland£17M

This section shows Plastic Lids'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 Plastic Lids over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.38B

IMPORTS (2022)$2.75B

NET TRADE (2022)-$1.37B

In 2022, United Kingdom exported $1.38B in Plastic Lids. The main destinations of United Kingdom exports on Plastic Lids were Ireland ($231M), Germany ($161M), Netherlands ($137M), France ($130M), and United States ($75M).

In 2022, United Kingdom imported $2.75B in Plastic Lids, mainly from Germany ($451M), China ($384M), France ($199M), Turkey ($176M), and Netherlands ($166M).

Explore Visualizations