Binoculars and Telescopes in United Kingdom 2020 Exports | Imports : $61.6M | $74.6M, World Rnk 6 / 144 Rnk 506 / 1216 | World Rnk 3 / 207 Rnk 617 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.37M | $3.41M, United States | Portugal
2020 ECONOMIC COMPLEXITY of United Kingdom: 1.42, Rnk 13 / 127
2020 PRODUCT COMPLEXITY IN Binoculars and Telescopes: 0.43, Rnk 393 / 1029
Exports In 2020, United Kingdom exported $61.6M in Binoculars and Telescopes, making it the 6th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 506th most exported product in United Kingdom. The main destination of Binoculars and Telescopes exports from United Kingdom are: United States ($15.8M), Germany ($9.24M), France ($5.28M), Sweden ($2.96M), and Ireland ($2.46M).
The fastest growing export markets for Binoculars and Telescopes of United Kingdom between 2019 and 2020 were United States ($4.37M), Germany ($3.5M), and Ireland ($1.19M).
Imports In 2020, United Kingdom imported $74.6M in Binoculars and Telescopes, becoming the 3rd largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 617th most imported product in United Kingdom. United Kingdom imports Binoculars and Telescopes primarily from: China ($22.5M), Germany ($9.37M), Lithuania ($8.13M), Belarus ($5.8M), and Austria ($5.07M).
The fastest growing import markets in Binoculars and Telescopes for United Kingdom between 2019 and 2020 were Portugal ($3.41M), Belarus ($3.19M), and Lithuania ($2.54M).
November 2022
Overview In November 2022 United Kingdom's Binoculars and Telescopes exports accounted up to £3.8M and imports accounted up to £6.13M, resulting in a negative trade balance of £2.34M. Between November 2021 and November 2022 the exports of United Kingdom's Binoculars and Telescopes have increased by £801k (26.8%) from £2.99M to £3.8M, while imports increased by £1.01M (19.7%) from £5.12M to £6.13M.
Destinations In November 2022, Binoculars and Telescopes were exported mostly to United States (£1.55M), Taiwan (£335k), India (£300k), Netherlands (£264k), and Austria (£245k), and were imported mostly from China (£3.08M), Germany (£632k), Lithuania (£466k), Israel (£437k), and Austria (£400k).
Growth In November 2022, the increase in Binoculars and Telescopes's year-by-year exports was explained primarily by an increase in exports to Spain (£3.95M or 6.4k%), Switzerland (£712k or 3.89k%), and United States (£228k or 29%). In November 2022, the increase in Binoculars and Telescopes's year-by-year imports was explained primarily by an increase in imports from China (£226k or 16.4%), Belarus (£195k or 116%), and Switzerland (£84.8k or 416%).
EXPORT GROWTH (November 2021 - November 2022): £801k, (26.8%)
IMPORT GROWTH (November 2021 - November 2022): £1.01M, (19.7%)
MAIN EXPORTER (November 2022): East Midlands Airport, £865k
MAIN DESTINATION (November 2022): United States, £1.55M
This section shows Binoculars and Telescopes'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 Binoculars and Telescopes over time.
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EXPORTS (2020): $61.6M
IMPORTS (2020): $74.6M
NET TRADE (2020): -$13M
In 2020, United Kingdom exported $61.6M in Binoculars and Telescopes. The main destinations of United Kingdom exports on Binoculars and Telescopes were United States ($15.8M), Germany ($9.24M), France ($5.28M), Sweden ($2.96M), and Ireland ($2.46M).
In 2020, United Kingdom imported $74.6M in Binoculars and Telescopes, mainly from China ($22.5M), Germany ($9.37M), Lithuania ($8.13M), Belarus ($5.8M), and Austria ($5.07M).
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY United Kingdom WERE (2019 - 2020):
In 2020, United Kingdom's main exporting competitors in Binoculars and Telescopes were:
In 2020, United Kingdom's main importing competitors in Binoculars and Telescopes were:
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