Chemical Analysis Instruments in United Kingdom 2020 Exports | Imports : $2.17B | $1.72B, World Rnk 6 / 207 Rnk 23 / 1216 | World Rnk 6 / 224 Rnk 67 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $10.1M | $269M, Chinese Taipei | China
2020 ECONOMIC COMPLEXITY of United Kingdom: 1.42, Rnk 13 / 127
2020 PRODUCT COMPLEXITY IN Chemical Analysis Instruments: 1.75, Rnk 19 / 1029
Exports In 2020, United Kingdom exported $2.17B 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 23rd most exported product in United Kingdom. The main destination of Chemical Analysis Instruments exports from United Kingdom are: United States ($446M), China ($289M), Germany ($177M), France ($100M), and South Korea ($99.3M).
The fastest growing export markets for Chemical Analysis Instruments of United Kingdom between 2019 and 2020 were Chinese Taipei ($10.1M), South Korea ($8.76M), and Ireland ($5.06M).
Imports In 2018, United Kingdom imported $1.72B in Chemical Analysis Instruments, becoming the 6th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 67th most imported product in United Kingdom. United Kingdom imports Chemical Analysis Instruments primarily from: Germany ($410M), China ($345M), United States ($330M), Netherlands ($136M), and France ($51.5M).
The fastest growing import markets in Chemical Analysis Instruments for United Kingdom between 2019 and 2020 were China ($269M), Austria ($34.9M), and Switzerland ($15.2M).
October 2022
Overview In October 2022 United Kingdom's Chemical Analysis Instruments exports accounted up to £186M and imports accounted up to £123M, resulting in a positive trade balance of £63M. Between October 2021 and October 2022 the exports of United Kingdom's Chemical Analysis Instruments have increased by £19.4M (11.6%) from £166M to £186M, while imports increased by £24.5M (25%) from £98M to £123M.
Destinations In October 2022, Chemical Analysis Instruments were exported mostly to United States (£43.4M), China (£26.2M), Germany (£17.6M), Japan (£9.1M), and France (£8.26M), and were imported mostly from United States (£26.2M), Germany (£25.6M), Netherlands (£13.7M), France (£6.89M), and Sweden (£6.46M).
Growth In October 2022, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to South Korea (£3.68M or 119%), United States (£824k or 3.83%), and Bangladesh (£702k or 421%). In October 2022, the increase in Chemical Analysis Instruments's year-by-year imports was explained primarily by an increase in imports from Austria (£6.76M or 1.45k%), Netherlands (£3.26M or 55.9%), and Switzerland (£2.21M or 297%).
EXPORT GROWTH (October 2021 - October 2022): £19.4M, (11.6%)
IMPORT GROWTH (October 2021 - October 2022): £24.5M, (25%)
MAIN EXPORTER (October 2022): London Heathrow Airport, £61.2M
MAIN DESTINATION (October 2022): United States, £43.4M
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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EXPORTS (2020): $2.17B
IMPORTS (2020): $1.72B
NET TRADE (2020): $449M
In 2020, United Kingdom exported $2.17B in Chemical Analysis Instruments. The main destinations of United Kingdom exports on Chemical Analysis Instruments were United States ($446M), China ($289M), Germany ($177M), France ($100M), and South Korea ($99.3M).
In 2020, United Kingdom imported $1.72B in Chemical Analysis Instruments, mainly from Germany ($410M), China ($345M), United States ($330M), Netherlands ($136M), and France ($51.5M).
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR United Kingdom WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY United Kingdom WERE (2019 - 2020):
In 2020, United Kingdom's main exporting competitors in Chemical Analysis Instruments were:
In 2020, United Kingdom's main importing competitors in Chemical Analysis Instruments were:
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