Overview In March 2023 United Kingdom's Medical Instruments exports accounted up to £246M and imports accounted up to £537M, resulting in a negative trade balance of £291M. Between March 2022 and March 2023 the exports of United Kingdom's Medical Instruments have increased by £10.5M (4.46%) from £235M to £246M, while imports increased by £6.83M (1.29%) from £530M to £537M.
Destinations In March 2023, Medical Instruments were exported mostly to United States (£46.7M), Germany (£45.7M), Netherlands (£35M), Belgium (£34.5M), and Ireland (£16.7M), and were imported mostly from Netherlands (£182M), Germany (£76.2M), United States (£63.3M), Ireland (£43.3M), and Belgium (£30.1M).
Growth In March 2023, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to Netherlands (£5.29M or 34.7%), Belgium (£3.16M or 19.7%), and Germany (£2.06M or 8.91%). In March 2023, the increase in Medical Instruments's year-by-year imports was explained primarily by an increase in imports from Netherlands (£83.3M or 229%), France (£9.74M or 257%), and Germany (£9.48M or 20.3%).