Export News
14-10-2024
UK trade data typically refers to the import and export statistics of the United Kingdom. United Kingdom Export Data records the UK's trade activities with other countries.
For businesses looking to expand into the UK market, UK trade data provides valuable market insights. It helps analyze product demand, identify UK buyers, and access global supplier lists. Additionally, businesses can analyze global supply chains and acquire contact information of key decision-makers. For logistics companies, the data helps analyze the UK's port export activities and the global logistics network.
In 2023, the UK's total goods exports amounted to $520 billion, a slight decrease of 2.17% compared to $532 billion in 2022.
According to the latest Tendata iTrader figures, based on 4-digit HS codes, the Top 10 export products of the UK in 2023 were:
· HS Code 7108 (12.5%, $65 billion): Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
· HS Code 8703 (7.09%, $36 billion): Motor cars and other motor vehicles primarily designed for transporting persons (excluding those in heading 87.02), including station wagons and racing cars
· HS Code 8411 (6.96%, $36 billion): Turbo-jets, turbo-propellers, and other gas turbines
· HS Code 2709 (3.99%, $20 billion): Petroleum oils and oils from bituminous minerals, crude
· HS Code 3004 (3.68%, $19.2 billion): Medicaments (excluding goods in heading 30.02, 30.05, or 30.06), for therapeutic or prophylactic uses, in measured doses or retail packages
· HS Code 2710 (2.65%, $13.8 billion): Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing 70% or more petroleum oils by weight; waste oils
· HS Code 8807 (2.30%, $11.9 billion): Aircraft parts of goods in heading 8801, 8802, or 8806
· HS Code 2208 (1.63%, $8.5 billion): Undenatured ethyl alcohol of less than 80% alcohol by volume; spirits, liqueurs, and other alcoholic beverages
· HS Code 3002 (1.32%, $6.9 billion): Human or animal blood for therapeutic, prophylactic, or diagnostic uses; immunological products, vaccines, toxins, and cultures of micro-organisms
When researching the UK market, you can use Tendata's United Kingdom Export Data to search for products by name or HS code. By analyzing historical import and export volumes, you can identify fast-growing markets. If a country or region shows an increasing export volume for a particular product year by year, it indicates a potential high-growth market.
Tendata's United Kingdom Export Data includes 92 data fields such as importers, exporters, product names, origin countries, destination countries, weight, and prices. Detailed trade data can be viewed in Tendata's trade records. Below is a sample provided for your reference:
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According to the latest Tendata iTrader data, the Top 10 export partners of the UK in 2023 are:
· USA (13.7%, $71 billion)
· Germany (7.59%, $39 billion)
· Netherlands (7.05%, $36 billion)
· Switzerland (6.84%, $35 billion)
· China (6.58%, $34 billion)
· France (5.6%, $29 billion)
· Ireland (5.48%, $28 billion)
· Belgium (3.96%, $20 billion)
· Areas, nes (3.44%, $17.9 billion)
· Hong Kong (3.1%, $16.1 billion)
Understanding the UK's major export partners helps businesses identify which countries or regions are importing similar products into the market. If a large portion of exports from one country is directed towards a specific nation, it suggests strong demand for that product, providing an entry opportunity. Analyzing this export data enables businesses to formulate targeted market entry strategies. Don't forget to select a time range to access the latest United Kingdom Export Data from Tendata. Below is a sample provided for your reference:
United Kingdom Export Data offers businesses extensive support, from identifying market opportunities, conducting competitive analysis, to optimizing supply chains and developing customers. This data helps businesses improve decision-making efficiency, reduce operating costs, and expand their business scope. By leveraging United Kingdom Export Data, businesses can better grasp market dynamics, enhance competitiveness, and achieve sustainable growth.
Why Do You Need United Kingdom Export Data?
According to United Kingdom Export Data, exporters can:
1. Quickly find potential buyers in the UK market
2. Understand the market situation and product demand in the UK
3. Keep track of competitors' activities and outperform them
4. Drive data-based marketing techniques with real-time updates
5. Set long-term business goals and increase your UK export revenue
Why Choose Tendata's United Kingdom Export Data?
Tendata integrates trade data from 218 countries and regions, commercial data from 198 countries, and internet data from 172 countries. With one click, you can access approximately 130 million active global buyers and suppliers, all with real purchase records and intent. This allows you to gather a high-quality customer base in 0.01 seconds, saving you significant time.
If you're a marketer or trader eager to increase your UK export volume, contact us today to access UK customs data from 218 countries/regions. Please visit our website at tendata.com or email us at emarketing@tendata.cn for more information.
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