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2022
Exports $290MWorld Rnk 6 / 203
Flag Rnk 210 / 1216
2022
Destination $8.07M United States
2021 - 2022
FASTEST GROWING MARKET $8.07MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Hydrometers0.82Rnk 240 / 1025
2022
Imports $295MWorld Rnk 6 / 222
Flag Rnk 359 / 1214
2022
Origin $43.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $43.8MCanada
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $290M in Hydrometers, making it the 6th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 210th most exported product in United Kingdom. The main destination of Hydrometers exports from United Kingdom are: United States ($59.9M), France ($27.8M), Germany ($24.6M), China ($19.3M), and Singapore ($11.7M).

The fastest growing export markets for Hydrometers of United Kingdom between 2021 and 2022 were United Kingdom ($8.07M), Slovakia ($3.33M), and India ($3.27M).

Imports In 2022, United Kingdom imported $295M in Hydrometers, becoming the 6th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 359th most imported product in United Kingdom. United Kingdom imports Hydrometers primarily from: United States ($47.7M), Canada ($44.6M), China ($40.9M), Germany ($29.6M), and Netherlands ($18.1M).

The fastest growing import markets in Hydrometers for United Kingdom between 2021 and 2022 were Canada ($43.8M), United States ($18.5M), and United Kingdom ($8.07M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Hydrometers exports accounted up to £28.2M and imports accounted up to £18.9M, resulting in a positive trade balance of £9.25M. Between September 2023 and September 2024 the exports of United Kingdom's   Hydrometers have decreased by £-1.26M (-4.29%) from £29.4M to £28.2M, while imports increased by £866k (4.8%) from £18.1M to £18.9M.

Destinations In September 2024, Hydrometers were exported mostly to United States (£8.23M), Germany (£1.83M), France (£1.68M), China (£1.53M), and Chinese Taipei (£1.43M), and were imported mostly from United States (£4.24M), Netherlands (£2.27M), Germany (£1.88M), China (£1.86M), and France (£1.12M).

Growth In September 2024, the decrease in Hydrometers's year-by-year exports was explained primarily by a decrease in exports to France (£-2.34M or -58.4%), Japan (£-475k or -61%), and India (£-230k or -66%). In September 2024, the increase in Hydrometers's year-by-year imports was explained primarily by an increase in imports from United States (£2.61M or 115%), France (£2.05M or 367%), and Netherlands (£863k or 39.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-1.26M(-4.29%)
IMPORT GROWTH (September 2023 - September 2024)£866k(4.8%)
MAIN EXPORTER (September 2024)London Heathrow Airport£8.33M
MAIN DESTINATION (September 2024)United States£8.23M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$290M
IMPORTS (2022)$295M
NET TRADE (2022)-$5.48M

In 2022, United Kingdom exported $290M in Hydrometers. The main destinations of United Kingdom exports on Hydrometers were United States ($59.9M), France ($27.8M), Germany ($24.6M), China ($19.3M), and Singapore ($11.7M).

In 2022, United Kingdom imported $295M in Hydrometers, mainly from United States ($47.7M), Canada ($44.6M), China ($40.9M), Germany ($29.6M), and Netherlands ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$8.07M (244%)
Slovakia$3.33M (2.1k%)
India$3.27M (53.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY United Kingdom WERE (2021 - 2022):
Netherlands-$5.39M (-38%)
China-$4.35M (-18.4%)
Belgium-$3.82M (-41.4%)
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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 Hydrometers were:
China $1.72B
Germany $1.01B
United States $961M
In 2022, United Kingdom's main importing competitors in Hydrometers were:
United States $1.28B
Germany $814M
China $580M

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.1M
TOP IMPORT POTENTIALChina+ $11.5M

Hydrometers’s highest export potential is Germany. With an export gap of $11.1M.   Hydrometers’s highest import potential is China with an import gap of $11.5M.

See methodology.

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