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2022
Exports $2.63BWorld Rnk 6 / 214
Flag Rnk 28 / 1216
2022
Destination $87M United States
2021 - 2022
FASTEST GROWING MARKET $87MUnited States
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments1.69Rnk 26 / 1025
2022
Imports $1.93BWorld Rnk 7 / 225
Flag Rnk 72 / 1214
2022
Origin $77M Germany
2021 - 2022
FASTEST GROWING ORIGIN $77MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

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

August 2024

About

Overview In August 2024 United Kingdom's Chemical Analysis Instruments exports accounted up to £184M and imports accounted up to £117M, resulting in a positive trade balance of £67M. Between August 2023 and August 2024 the exports of United Kingdom's   Chemical Analysis Instruments have increased by £21.7M (13.4%) from £162M to £184M, while imports decreased by £-6.48M (-5.25%) from £123M to £117M.

Destinations In August 2024, Chemical Analysis Instruments were exported mostly to United States (£36.9M), China (£21.7M), Germany (£21.6M), Ireland (£11.5M), and Netherlands (£6.71M), and were imported mostly from Germany (£30.4M), United States (£23.3M), Netherlands (£14.7M), France (£6.11M), and China (£5.58M).

Growth In August 2024, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to United States (£5.13M or 14.6%), China (£4.28M or 27.9%), and Germany (£4.27M or 37.9%). In August 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
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£21.7M(13.4%)
IMPORT GROWTH (August 2023 - August 2024)£-6.48M(-5.25%)
MAIN EXPORTER (August 2024)London Heathrow Airport£203M
MAIN DESTINATION (August 2024)United States£36.9M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.63B
IMPORTS (2022)$1.93B
NET TRADE (2022)$697M

In 2022, United Kingdom exported $2.63B in Chemical Analysis Instruments. The main destinations of United Kingdom exports on Chemical Analysis Instruments were United States ($589M), China ($348M), Germany ($233M), France ($110M), and Netherlands ($104M).

In 2022, United Kingdom imported $1.93B in Chemical Analysis Instruments, mainly from Germany ($463M), United States ($438M), Netherlands ($130M), China ($124M), and United Kingdom ($75.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$87M (17.3%)
China$56.2M (19.2%)
United Kingdom$36.7M (94.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY United Kingdom WERE (2021 - 2022):
Austria-$31.1M (-62%)
Germany-$17.1M (-6.83%)
Russia-$14.7M (-84%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Chemical Analysis Instruments were:
United States $10.9B
Germany $8.97B
Japan $5.27B
In 2022, United Kingdom's main importing competitors in Chemical Analysis Instruments were:
China $8.3B
United States $7.97B
Germany $4.94B

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $98.1M
TOP IMPORT POTENTIALGermany+ $86.5M

Chemical Analysis Instruments’s highest export potential is China. With an export gap of $98.1M.   Chemical Analysis Instruments’s highest import potential is Germany with an import gap of $86.5M.

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