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Pricing

2022
Exports $2.05BWorld Rnk 9 / 221
Flag Rnk 32 / 1216
2022
Destination $16.4M United States
2021 - 2022
FASTEST GROWING MARKET $16.4MAngola
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $2.26BWorld Rnk 7 / 225
Flag Rnk 61 / 1214
2022
Origin $55.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $55.1MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2.05B in Liquid Pumps, making it the 9th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 32nd most exported product in United Kingdom. The main destination of Liquid Pumps exports from United Kingdom are: United States ($348M), Netherlands ($180M), China ($149M), Germany ($138M), and France ($91.8M).

The fastest growing export markets for Liquid Pumps of United Kingdom between 2021 and 2022 were Angola ($16.4M), Netherlands ($13.3M), and United Arab Emirates ($12.6M).

Imports In 2022, United Kingdom imported $2.26B in Liquid Pumps, becoming the 7th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 61st most imported product in United Kingdom. United Kingdom imports Liquid Pumps primarily from: Germany ($457M), United States ($371M), Italy ($197M), China ($189M), and France ($180M).

The fastest growing import markets in Liquid Pumps for United Kingdom between 2021 and 2022 were United States ($55.1M), France ($19.5M), and Hungary ($16.5M).

COMPANIES In 2023, leading companies such as CNH Industrial (15) and Amazon (2) were at the forefront of shipping Liquid Pumps from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Liquid Pumps exports accounted up to £145M and imports accounted up to £149M, resulting in a negative trade balance of £3.85M. Between September 2023 and September 2024 the exports of United Kingdom's   Liquid Pumps have increased by £7.39M (5.37%) from £138M to £145M, while imports decreased by £-17.7M (-10.7%) from £167M to £149M.

Destinations In September 2024, Liquid Pumps were exported mostly to United States (£30.4M), China (£12.9M), Netherlands (£12.2M), Germany (£11.9M), and France (£7.54M), and were imported mostly from Germany (£26.4M), United States (£24M), Italy (£13M), France (£11.7M), and China (£11.3M).

Growth In September 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to Iraq (£6.57M or 421%), United States (£5.23M or 26.5%), and Germany (£4.59M or 78.2%). In September 2024, the decrease in Liquid Pumps's year-by-year imports was explained primarily by a decrease in imports from China (£-3.4M or -24.2%), Denmark (£-1.46M or -19.4%), and Czechia (£-520k or -8.05%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£7.39M(5.37%)
IMPORT GROWTH (September 2023 - September 2024)£-17.7M(-10.7%)
MAIN EXPORTER (September 2024)London Heathrow Airport£41M
MAIN DESTINATION (September 2024)United States£30.4M

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 (2022)$2.05B
IMPORTS (2022)$2.26B
NET TRADE (2022)-$200M

In 2022, United Kingdom exported $2.05B in Liquid Pumps. The main destinations of United Kingdom exports on Liquid Pumps were United States ($348M), Netherlands ($180M), China ($149M), Germany ($138M), and France ($91.8M).

In 2022, United Kingdom imported $2.26B in Liquid Pumps, mainly from Germany ($457M), United States ($371M), Italy ($197M), China ($189M), and France ($180M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Angola$16.4M (152%)
Netherlands$13.3M (8.02%)
United Arab Emirates$12.6M (28.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY United Kingdom WERE (2021 - 2022):
Singapore-$31.9M (-53.5%)
Russia-$21.9M (-71.9%)
United States-$13.9M (-3.84%)
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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 Liquid Pumps were:
China $12.2B
Germany $11B
United States $8.25B
In 2022, United Kingdom's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B
China $4.29B

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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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