Titanium in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $470M in Titanium, making it the 6th largest exporter of Titanium in the world. At the same year, Titanium was the 153rd most exported product in United Kingdom. The main destination of Titanium exports from United Kingdom are: France ($101M), Germany ($67.3M), United States ($66.8M), Czechia ($50.9M), and Australia ($20.2M).

The fastest growing export markets for Titanium of United Kingdom between 2021 and 2022 were United States ($42.4M), France ($28.6M), and Germany ($21.9M).

Imports In 2022, United Kingdom imported $549M in Titanium, becoming the 4th largest importer of Titanium in the world. At the same year, Titanium was the 239th most imported product in United Kingdom. United Kingdom imports Titanium primarily from: United States ($210M), Germany ($84.5M), France ($56.2M), Russia ($52.3M), and Japan ($50.6M).

The fastest growing import markets in Titanium for United Kingdom between 2021 and 2022 were Germany ($63.1M), United States ($48M), and France ($39.2M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Titanium exports accounted up to £52.7M and imports accounted up to £39.1M, resulting in a positive trade balance of £13.6M. Between February 2023 and February 2024 the exports of United Kingdom's Titanium have increased by £9.67M (22.4%) from £43.1M to £52.7M, while imports increased by £3.83M (10.8%) from £35.3M to £39.1M.

Destinations In February 2024, Titanium were exported mostly to France (£15.3M), Germany (£8.67M), United States (£8.03M), Czechia (£6.7M), and Spain (£1.4M), and were imported mostly from United States (£22.6M), France (£3.14M), Russia (£3.04M), Germany (£2.55M), and Japan (£2.14M).

Growth In February 2024, the increase in Titanium's year-by-year exports was explained primarily by an increase in exports to France (£5.16M or 118%), Czechia (£3.18M or 242%), and United States (£1.69M or 66.5%). In February 2024, the increase in Titanium's year-by-year imports was explained primarily by an increase in imports from United States (£2.93M or 34%), France (£839k or 24%), and China (£372k or 18.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£9.67M(22.4%)

IMPORT GROWTH (February 2023 - February 2024)£3.83M(10.8%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£14M

MAIN DESTINATION (February 2024)France£15.3M

This section shows Titanium'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 Titanium over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$470M

IMPORTS (2022)$549M

NET TRADE (2022)-$78.8M

In 2022, United Kingdom exported $470M in Titanium. The main destinations of United Kingdom exports on Titanium were France ($101M), Germany ($67.3M), United States ($66.8M), Czechia ($50.9M), and Australia ($20.2M).

In 2022, United Kingdom imported $549M in Titanium, mainly from United States ($210M), Germany ($84.5M), France ($56.2M), Russia ($52.3M), and Japan ($50.6M).

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