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2023
Exports $1.94BWorld Rnk 9 / 222
Flag Rnk 31 / 1216
2023
Destination $48.6M United States
2022 - 2023
FASTEST GROWING MARKET $48.6MUnited States
2023
PRODUCT COMPLEXITY IN Liquid Pumps1.3Rnk 77 / 1025
2023
Imports $2.43BWorld Rnk 7 / 226
Flag Rnk 55 / 1214
2023
Origin $38.6M United States
2022 - 2023
FASTEST GROWING ORIGIN $38.6MUnited States
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $1.94B in Liquid Pumps, making it the 9th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 31st most exported product in United Kingdom. The main destination of Liquid Pumps exports from United Kingdom are: United States ($344M), Netherlands ($157M), Germany ($140M), China ($113M), and France ($78.5M).

The fastest growing export markets for Liquid Pumps of United Kingdom between 2022 and 2023 were United States ($48.6M), Saudi Arabia ($33.3M), and Germany ($14.5M).

Imports In 2023, United Kingdom imported $2.43B in Liquid Pumps, becoming the 7th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 55th most imported product in United Kingdom. United Kingdom imports Liquid Pumps primarily from: United States ($478M), Germany ($467M), Italy ($235M), France ($201M), and China ($186M).

The fastest growing import markets in Liquid Pumps for United Kingdom between 2022 and 2023 were United States ($38.6M), France ($28.7M), and Netherlands ($24M).

COMPANIES In 2024, leading companies such as Danfoss (3) and Parker (1) were at the forefront of shipping Liquid Pumps from United Kingdom to the United States.

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Liquid Pumps exports accounted up to £146M and imports accounted up to £152M, resulting in a negative trade balance of £6.23M. Between December 2023 and December 2024 the exports of United Kingdom's   Liquid Pumps have increased by £10.1M (7.42%) from £136M to £146M, while imports increased by £4.12M (2.78%) from £148M to £152M.

Destinations In December 2024, Liquid Pumps were exported mostly to United States (£25.9M), Germany (£9.97M), Netherlands (£8.53M), United Arab Emirates (£7.38M), and India (£5.47M), and were imported mostly from Germany (£33.2M), United States (£23.6M), France (£13.6M), Italy (£11.3M), and Netherlands (£10.6M).

Growth In December 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to Netherlands (£2.79M or 35.2%), Singapore (£1.89M or 91.5%), and Italy (£1.82M or 65.5%). In December 2024, the increase in Liquid Pumps's year-by-year imports was explained primarily by an increase in imports from Netherlands (£3.5M or 36.4%), Germany (£1.98M or 6.91%), and Czechia (£1.37M or 23%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£10.1M(7.42%)
IMPORT GROWTH (December 2023 - December 2024)£4.12M(2.78%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States£25.9M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.94B
IMPORTS (2023)$2.43B
NET TRADE (2023)-$489M

In 2023, United Kingdom exported $1.94B in Liquid Pumps. The main destinations of United Kingdom exports on Liquid Pumps were United States ($344M), Netherlands ($157M), Germany ($140M), China ($113M), and France ($78.5M).

In 2023, United Kingdom imported $2.43B in Liquid Pumps, mainly from United States ($478M), Germany ($467M), Italy ($235M), France ($201M), and China ($186M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
United States$48.6M (16.5%)
Saudi Arabia$33.3M (93.4%)
Germany$14.5M (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY United Kingdom WERE (2022 - 2023):
China-$39.6M (-25.9%)
India-$16M (-25.5%)
Netherlands-$14.1M (-8.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Liquid Pumps were:
China $13B
Germany $11.9B
United States $8.82B
In 2023, United Kingdom's main importing competitors in Liquid Pumps were:
United States $12.6B
Germany $5.63B
China $4.04B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $113M
TOP IMPORT POTENTIALGermany+ $115M

Liquid Pumps’s highest export potential is United States. With an export gap of $113M.   Liquid Pumps’s highest import potential is Germany with an import gap of $115M.

See methodology.

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