Chemical Analysis Instruments in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $2.63B 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 28th most exported product in United Kingdom. The main destination of Chemical Analysis Instruments exports from United Kingdom are: United States ($589M), China ($348M), Germany ($233M), France ($110M), and Netherlands ($104M).

The fastest growing export markets for Chemical Analysis Instruments of United Kingdom between 2021 and 2022 were United States ($87M), China ($56.2M), and United Kingdom ($36.7M).

Imports In 2022, United Kingdom imported $1.93B in Chemical Analysis Instruments, becoming the 7th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 72nd most imported product in United Kingdom. United Kingdom imports Chemical Analysis Instruments primarily from: Germany ($463M), United States ($438M), Netherlands ($130M), China ($124M), and United Kingdom ($75.6M).

The fastest growing import markets in Chemical Analysis Instruments for United Kingdom between 2021 and 2022 were United States ($77M), Singapore ($64.2M), and United Kingdom ($36.7M).

Latest Trends

February 2024

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Overview In February 2024 United Kingdom's Chemical Analysis Instruments exports accounted up to £169M and imports accounted up to £123M, resulting in a positive trade balance of £45.2M. Between February 2023 and February 2024 the exports of United Kingdom's Chemical Analysis Instruments have decreased by £-8.7M (-4.91%) from £177M to £169M, while imports decreased by £-3.21M (-2.54%) from £126M to £123M.

Destinations In February 2024, Chemical Analysis Instruments were exported mostly to United States (£33.6M), Germany (£23.4M), China (£13.4M), Netherlands (£9.78M), and Ireland (£8.59M), and were imported mostly from Germany (£34M), United States (£25.7M), Netherlands (£11.7M), China (£6.25M), and France (£4.45M).

Growth In February 2024, the decrease in Chemical Analysis Instruments's year-by-year exports was explained primarily by a decrease in exports to Belgium (£-3.2M or -52.8%), Hong Kong (£-2.07M or -45.1%), and Czechia (£-2.01M or -77.6%). In February 2024, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from Austria (£-5.29M or -83.9%), Netherlands (£-2.76M or -12.1%), and Denmark (£-406k or -23%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-8.7M(-4.91%)

IMPORT GROWTH (February 2023 - February 2024)£-3.21M(-2.54%)

MAIN EXPORTER (February 2024)London Heathrow Airport£48.6M

MAIN DESTINATION (February 2024)United States£33.6M

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.

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