Cooking Hand Tools in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $7.2M in Cooking Hand Tools, making it the 12th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 903rd most exported product in United Kingdom. The main destination of Cooking Hand Tools exports from United Kingdom are: United States ($1.33M), China ($847k), Ireland ($631k), Germany ($532k), and France ($455k).

The fastest growing export markets for Cooking Hand Tools of United Kingdom between 2021 and 2022 were China ($796k), Saint Lucia ($200k), and Chinese Taipei ($79.8k).

Imports In 2022, United Kingdom imported $12.8M in Cooking Hand Tools, becoming the 13th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 979th most imported product in United Kingdom. United Kingdom imports Cooking Hand Tools primarily from: China ($6.13M), France ($1.88M), Germany ($1.41M), Bangladesh ($551k), and Italy ($518k).

The fastest growing import markets in Cooking Hand Tools for United Kingdom between 2021 and 2022 were France ($295k), Bangladesh ($283k), and Japan ($103k).

Latest Trends

February 2024

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Overview In February 2024 United Kingdom's Cooking Hand Tools exports accounted up to £756k and imports accounted up to £1.15M, resulting in a negative trade balance of £397k. Between February 2023 and February 2024 the exports of United Kingdom's Cooking Hand Tools have increased by £153k (25.3%) from £603k to £756k, while imports decreased by £-47.7k (-3.97%) from £1.2M to £1.15M.

Destinations In February 2024, Cooking Hand Tools were exported mostly to United States (£275k), Switzerland (£113k), Italy (£54.9k), Ireland (£52.8k), and France (£23.4k), and were imported mostly from China (£671k), France (£109k), Bangladesh (£96.5k), Germany (£74k), and Italy (£63.6k).

Growth In February 2024, the increase in Cooking Hand Tools's year-by-year exports was explained primarily by an increase in exports to Australia (£69.5k or 1.52k%), United States (£31.9k or 359%), and Ireland (£25.7k or 227%). In February 2024, the decrease in Cooking Hand Tools's year-by-year imports was explained primarily by a decrease in imports from China (£-410k or -40.3%), Switzerland (£-389k or -97.2%), and Hong Kong (£-363k or -93%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£153k(25.3%)

IMPORT GROWTH (February 2023 - February 2024)£-47.7k(-3.97%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£256k

MAIN DESTINATION (February 2024)United States£275k

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.2M

IMPORTS (2022)$12.8M

NET TRADE (2022)-$5.59M

In 2022, United Kingdom exported $7.2M in Cooking Hand Tools. The main destinations of United Kingdom exports on Cooking Hand Tools were United States ($1.33M), China ($847k), Ireland ($631k), Germany ($532k), and France ($455k).

In 2022, United Kingdom imported $12.8M in Cooking Hand Tools, mainly from China ($6.13M), France ($1.88M), Germany ($1.41M), Bangladesh ($551k), and Italy ($518k).

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