Chemical Analysis Instruments in United Kingdom

EXPORTS (2018): $2.27B, World Rnk 6 / 195
Flag Rnk 27 / 1215

TOP DESTINATION (2018): $475M, United States

FASTEST GROWING IN MARKET (2017 - 2018): $49.4M, United States

IMPORTS (2018): $1.5B, World Rnk 8 / 217
Flag Rnk 85 / 1212

TOP ORIGIN (2018): $463M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $105M, Germany

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

PRODUCT COMPLEXITY  IN Chemical Analysis Instruments (2018): 1.78, Rnk 17 / 1018

Exports: In 2018, United Kingdom exported $2.27B in Chemical Analysis Instruments, making it the 6th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 27th most exported product in United Kingdom. The main destination of Chemical Analysis Instruments exports from United Kingdom are: United States ($475M), China ($288M), Germany ($179M), France ($103M), and Japan ($99.7M).

The fastest growing export markets for Chemical Analysis Instruments of United Kingdom between 2017 and 2018 were United States ($49.4M), Germany ($37.2M), and China ($29.4M).

Imports: In 2018, United Kingdom imported $1.5B in Chemical Analysis Instruments, becoming the 8th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 85th most imported product in United Kingdom. United Kingdom imports Chemical Analysis Instruments primarily from: Germany ($463M), United States ($336M), Netherlands ($144M), China ($71.6M), and Belgium-Luxembourg ($56.2M).

The fastest growing import markets in Chemical Analysis Instruments for United Kingdom between 2017 and 2018 were Germany ($105M), Netherlands ($24.4M), and United States ($18.5M).

Overview: In May 2020 United Kingdom's Chemical Analysis Instruments exports accounted up to £131M and imports accounted up to £75.1M, resulting in a positive trade balance of £55.6M. Between May 2019 and May 2020 the exports of United Kingdom's   Chemical Analysis Instruments have decreased by £-10.1M (-7.16%) from £141M to £131M, while imports decreased by £-15.9M (-17.5%) from £91M to £75.1M.

Destinations: In May 2020 Chemical Analysis Instruments exported mostly to United States (£29.1M), China (£21.2M), Germany (£11.2M), South Korea (£6.35M), and France (£5.03M), and imported mostly from Germany (£21.2M), United States (£17.2M), Netherlands (£5.47M), China (£3.65M), and France (£3.18M).

Growth: In May 2020, the decrease in Chemical Analysis Instruments's year-by-year exports was explained primarily by a decrease in exports to France (£-1.93M or -27.8%), India (£-1.64M or -36.7%), and Italy (£-1.48M or -37.4%). In May 2020, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from United States (£-7.04M or -29.1%), Germany (£-4.37M or -17.1%), and Ireland (£-2.34M or -73.3%).

Subnational Monthly Trade

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Value

EXPORT GROWTH (May 2019 - May 2020): £-10.1M, (-7.16%)

IMPORT GROWTH (May 2019 - May 2020): £-15.9M, (-17.5%)

MAIN EXPORTER (May 2020): London Heathrow Airport, £38.8M

MAIN DESTINATION (May 2020): United States, £29.1M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

Value

EXPORTS (2018): $2.27B

IMPORTS (2018): $1.5B

NET TRADE (2018): $772M

In 2018, United Kingdom exported $2.27B in Chemical Analysis Instruments. The main destinations of United Kingdom exports on Chemical Analysis Instruments were United States ($475M), China ($288M), Germany ($179M), France ($103M), and Japan ($99.7M).

In 2018, United Kingdom imported $1.5B in Chemical Analysis Instruments, mainly from Germany ($463M), United States ($336M), Netherlands ($144M), China ($71.6M), and Belgium-Luxembourg ($56.2M).

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IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Chemical Analysis Instruments WITH:

  • China, $217M ($288M - $71.6M)
  • United States, $139M ($475M - $336M)
  • Singapore, $66.3M ($74.7M - $8.38M)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Chemical Analysis Instruments WITH:

  • Germany, -$284M ($179M - $463M)
  • Netherlands, -$67.6M ($76.2M - $144M)
  • Switzerland, -$9.22M ($28.1M - $37.3M)
Flow

THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY United Kingdom WERE (2017 - 2018):

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Market Concentration

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In 2018, United Kingdom's main exporting competitors in Chemical Analysis Instruments were:

In 2018, United Kingdom's main importing competitors in Chemical Analysis Instruments were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Chemical Analysis Instruments in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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