HS Icon Medical Instruments in  Flag United Kingdom

2019
Exports | Imports
: $2.66B | $4.21B, World Rnk 12 / 216
Flag Rnk 23 / 1214 | World Rnk 8 / 225
Flag Rnk 21 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $51.3M | $114M, Germany |  Netherlands

2019
ECONOMIC COMPLEXITY of United Kingdom
: 1.49, Rnk 14 / 147

2019
PRODUCT COMPLEXITY  IN Medical Instruments
: 0.7, Rnk 287 / 1029

Exports: In 2019, United Kingdom exported $2.66B in Medical Instruments, making it the 12th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 23rd most exported product in United Kingdom. The main destination of Medical Instruments exports from United Kingdom are: United States ($491M), Germany ($459M), Belgium ($326M), Netherlands ($217M), and France ($167M).

The fastest growing export markets for Medical Instruments of United Kingdom between 2018 and 2019 were Germany ($51.3M), Japan ($32.9M), and United States ($23.3M).

Imports: In 2019, United Kingdom imported $4.21B in Medical Instruments, becoming the 8th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 21st most imported product in United Kingdom. United Kingdom imports Medical Instruments primarily from: Netherlands ($1.06B), Germany ($774M), Belgium ($551M), United States ($540M), and China ($183M).

The fastest growing import markets in Medical Instruments for United Kingdom between 2018 and 2019 were Netherlands ($114M), Hungary ($55.4M), and Germany ($35.6M).

Latest Trends (April 2021)

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Overview: In April 2021 United Kingdom's Medical Instruments exports accounted up to £214M and imports accounted up to £245M, resulting in a negative trade balance of £31M. Between April 2020 and April 2021 the exports of United Kingdom's   Medical Instruments have increased by £25.8M (13.7%) from £188M to £214M, while imports decreased by £-40.8M (-14.3%) from £286M to £245M.

Destinations: In April 2021, Medical Instruments were exported mostly to United States (£41.8M), Germany (£38.7M), Netherlands (£38.4M), Belgium (£20.7M), and Ireland (£13.8M), and were imported mostly from Germany (£50.2M), United States (£42.3M), Netherlands (£40.2M), Belgium (£22.9M), and China (£15.8M).

Growth: In April 2021, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to Netherlands (£26.3M or 218%), Germany (£9.18M or 31%), and Ireland (£5.54M or 67.1%). In April 2021, the decrease in Medical Instruments's year-by-year imports was explained primarily by a decrease in imports from United States (£-15.1M or -26.3%), China (£-12.7M or -44.7%), and Belgium (£-8.36M or -26.8%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): £25.8M, (13.7%)

IMPORT GROWTH (April 2020 - April 2021): £-40.8M, (-14.3%)

MAIN EXPORTER (April 2021): Dover, £54.1M

MAIN DESTINATION (April 2021): United States, £41.8M

This section shows Medical 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 Medical Instruments over time.

For full datasets download visit Bulk Download page.

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Historical Data

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Value

EXPORTS (2019): $2.66B

IMPORTS (2019): $4.21B

NET TRADE (2019): -$1.55B

In 2019, United Kingdom exported $2.66B in Medical Instruments. The main destinations of United Kingdom exports on Medical Instruments were United States ($491M), Germany ($459M), Belgium ($326M), Netherlands ($217M), and France ($167M).

In 2019, United Kingdom imported $4.21B in Medical Instruments, mainly from Netherlands ($1.06B), Germany ($774M), Belgium ($551M), United States ($540M), and China ($183M).

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IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Medical Instruments WITH:

IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Medical Instruments WITH:

Flow

THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY United Kingdom WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Medical Instruments were:

In 2018, United Kingdom's main importing competitors in Medical Instruments were:

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