2022
Exports
$1.23BWorld Rnk 7 / 216
Flag Rnk 63 / 1216
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$933MWorld Rnk 5 / 225
Flag Rnk 138 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.23B in Gas and Liquid Flow Measuring Instruments, making it the 7th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 63rd most exported product in United Kingdom. The main destination of Gas and Liquid Flow Measuring Instruments exports from United Kingdom are: United States ($255M), Germany ($118M), United Kingdom ($102M), China ($81.3M), and France ($58.1M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of United Kingdom between 2021 and 2022 were United Kingdom ($43M), United States ($24.4M), and Denmark ($7.83M).

Imports In 2022, United Kingdom imported $933M in Gas and Liquid Flow Measuring Instruments, becoming the 5th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 138th most imported product in United Kingdom. United Kingdom imports Gas and Liquid Flow Measuring Instruments primarily from: Germany ($207M), United States ($182M), United Kingdom ($102M), China ($86.9M), and France ($41.8M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for United Kingdom between 2021 and 2022 were United Kingdom ($43M), United States ($34.3M), and China ($13.6M).

COMPANIES In 2023, leading companies such as Parker (2) were at the forefront of shipping Gas and Liquid Flow Measuring Instruments from United Kingdom to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-7.16M(-7.5%)
IMPORT GROWTH (August 2023 - August 2024)£3.69M(5.24%)
MAIN EXPORTER (August 2024)London Heathrow Airport£27.4M
MAIN DESTINATION (August 2024)United States£19.5M

This section shows Gas and Liquid Flow 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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.23B
IMPORTS (2022)$933M
NET TRADE (2022)$301M

In 2022, United Kingdom exported $1.23B in Gas and Liquid Flow Measuring Instruments. The main destinations of United Kingdom exports on Gas and Liquid Flow Measuring Instruments were United States ($255M), Germany ($118M), United Kingdom ($102M), China ($81.3M), and France ($58.1M).

In 2022, United Kingdom imported $933M in Gas and Liquid Flow Measuring Instruments, mainly from Germany ($207M), United States ($182M), United Kingdom ($102M), China ($86.9M), and France ($41.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United Kingdom$43M (73%)
United States$24.4M (10.5%)
Denmark$7.83M (53.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY United Kingdom WERE (2021 - 2022):
Germany-$27.5M (-18.9%)
China-$13.9M (-14.6%)
Spain-$3.65M (-14.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, United Kingdom's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $38.4M
TOP IMPORT POTENTIALGermany+ $37.3M

Gas and Liquid Flow Measuring Instruments’s highest export potential is Germany. With an export gap of $38.4M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is Germany with an import gap of $37.3M.

See methodology.

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