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2022
Exports $403MWorld Rnk 9 / 183
Flag Rnk 172 / 1216
2022
Destination $17.9M France
2021 - 2022
FASTEST GROWING MARKET $17.9MFrance
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances0.48Rnk 372 / 1025
2022
Imports $779MWorld Rnk 6 / 221
Flag Rnk 171 / 1214
2022
Origin $28.2M China
2021 - 2022
FASTEST GROWING ORIGIN $28.2MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $403M in Therapeutic Appliances, making it the 9th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 172nd most exported product in United Kingdom. The main destination of Therapeutic Appliances exports from United Kingdom are: France ($66.5M), United States ($53.7M), Ireland ($48M), Italy ($34.8M), and India ($34.5M).

The fastest growing export markets for Therapeutic Appliances of United Kingdom between 2021 and 2022 were France ($17.9M), United Kingdom ($5.49M), and Australia ($2.8M).

Imports In 2022, United Kingdom imported $779M in Therapeutic Appliances, becoming the 6th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 171st most imported product in United Kingdom. United Kingdom imports Therapeutic Appliances primarily from: China ($262M), United States ($91.9M), Netherlands ($80.6M), Germany ($77.7M), and Canada ($36.1M).

The fastest growing import markets in Therapeutic Appliances for United Kingdom between 2021 and 2022 were Germany ($28.2M), Singapore ($21.7M), and Netherlands ($12.1M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (12) and Amazon (1) were at the forefront of shipping Therapeutic Appliances from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Therapeutic Appliances exports accounted up to £26.3M and imports accounted up to £43.2M, resulting in a negative trade balance of £16.8M. Between August 2023 and August 2024 the exports of United Kingdom's   Therapeutic Appliances have increased by £451k (1.74%) from £25.9M to £26.3M, while imports increased by £2.77M (6.86%) from £40.4M to £43.2M.

Destinations In August 2024, Therapeutic Appliances were exported mostly to France (£5.24M), Ireland (£4.39M), United States (£2.62M), India (£2.3M), and Germany (£1.77M), and were imported mostly from China (£10.1M), Netherlands (£9.88M), Germany (£4.58M), United States (£2.71M), and New Zealand (£2.58M).

Growth In August 2024, the increase in Therapeutic Appliances's year-by-year exports was explained primarily by an increase in exports to Germany (£2.58M or 332%), France (£1.91M or 85.8%), and Netherlands (£1.18M or 169%). In August 2024, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Netherlands (£4.5M or 101%), France (£1.2M or 56.6%), and Switzerland (£648k or 149%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£451k(1.74%)
IMPORT GROWTH (August 2023 - August 2024)£2.77M(6.86%)
MAIN EXPORTER (August 2024)East Midlands Airport£15.3M
MAIN DESTINATION (August 2024)France£5.24M

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$403M
IMPORTS (2022)$779M
NET TRADE (2022)-$377M

In 2022, United Kingdom exported $403M in Therapeutic Appliances. The main destinations of United Kingdom exports on Therapeutic Appliances were France ($66.5M), United States ($53.7M), Ireland ($48M), Italy ($34.8M), and India ($34.5M).

In 2022, United Kingdom imported $779M in Therapeutic Appliances, mainly from China ($262M), United States ($91.9M), Netherlands ($80.6M), Germany ($77.7M), and Canada ($36.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$17.9M (36.7%)
United Kingdom$5.49M (227%)
Australia$2.8M (36.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY United Kingdom WERE (2021 - 2022):
India-$18.2M (-34.6%)
United States-$17.1M (-24.1%)
Italy-$11.3M (-24.5%)
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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 Therapeutic Appliances were:
China $7.26B
United States $1.93B
Singapore $1.49B
In 2022, United Kingdom's main importing competitors in Therapeutic Appliances were:
United States $5.9B
Germany $1.31B
Netherlands $1.2B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.3M
TOP IMPORT POTENTIALChina+ $19.2M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $27.3M.   Therapeutic Appliances’s highest import potential is China with an import gap of $19.2M.

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