Other Measuring Instruments in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $1.95B in Other Measuring Instruments, making it the 8th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 36th most exported product in United Kingdom. The main destination of Other Measuring Instruments exports from United Kingdom are: United States ($373M), Germany ($195M), Hong Kong ($177M), China ($121M), and United Kingdom ($101M).

The fastest growing export markets for Other Measuring Instruments of United Kingdom between 2021 and 2022 were United States ($49.7M), United Kingdom ($42.1M), and Germany ($17.9M).

Imports In 2022, United Kingdom imported $1.33B in Other Measuring Instruments, becoming the 10th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 102nd most imported product in United Kingdom. United Kingdom imports Other Measuring Instruments primarily from: Germany ($280M), United States ($200M), China ($116M), United Kingdom ($101M), and Netherlands ($74.4M).

The fastest growing import markets in Other Measuring Instruments for United Kingdom between 2021 and 2022 were United States ($60.5M), United Kingdom ($42.1M), and China ($14.7M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Measuring Instruments from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Other Measuring Instruments exports accounted up to £120M and imports accounted up to £91.4M, resulting in a positive trade balance of £28.2M. Between January 2023 and January 2024 the exports of United Kingdom's Other Measuring Instruments have decreased by £-3.26M (-2.65%) from £123M to £120M, while imports increased by £7.99M (9.58%) from £83.4M to £91.4M.

Destinations In January 2024, Other Measuring Instruments were exported mostly to United States (£21.1M), Germany (£18.8M), Hong Kong (£12.4M), China (£7.45M), and Ireland (£6.43M), and were imported mostly from Germany (£22.3M), United States (£11.1M), France (£6.43M), China (£5.35M), and Netherlands (£5.16M).

Growth In January 2024, the decrease in Other Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to Angola (£-1.43M or -93.6%), Japan (£-813k or -15.1%), and Hungary (£-552k or -54.9%). In January 2024, the increase in Other Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from United States (£5.71M or 75.8%), Germany (£2.96M or 20.4%), and China (£2.15M or 66.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-3.26M(-2.65%)

IMPORT GROWTH (January 2023 - January 2024)£7.99M(9.58%)

MAIN EXPORTER (January 2024)London Heathrow Airport£42.2M

MAIN DESTINATION (January 2024)United States£21.1M

This section shows Other Measuring 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 Other Measuring Instruments over time.

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