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2022
Exports $230MWorld Rnk 3 / 165
Flag Rnk 248 / 1216
2022
Destination $4.98M United States
2021 - 2022
FASTEST GROWING MARKET $4.98MUnited States
2022
PRODUCT COMPLEXITY IN Tensile Testing Machines1.41Rnk 69 / 1025
2022
Imports $79MWorld Rnk 6 / 206
Flag Rnk 644 / 1214
2022
Origin $2.85M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.85MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $230M in Tensile Testing Machines, making it the 3rd largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 248th most exported product in United Kingdom. The main destination of Tensile Testing Machines exports from United Kingdom are: United States ($44.2M), China ($30.4M), Germany ($14.2M), France ($11M), and Hong Kong ($8.59M).

The fastest growing export markets for Tensile Testing Machines of United Kingdom between 2021 and 2022 were United States ($4.98M), Romania ($4.02M), and United Kingdom ($2.27M).

Imports In 2022, United Kingdom imported $79M in Tensile Testing Machines, becoming the 6th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 644th most imported product in United Kingdom. United Kingdom imports Tensile Testing Machines primarily from: United States ($28.3M), Germany ($14.1M), China ($7.11M), United Kingdom ($4.48M), and Italy ($4.2M).

The fastest growing import markets in Tensile Testing Machines for United Kingdom between 2021 and 2022 were Germany ($2.85M), United States ($2.75M), and United Kingdom ($2.27M).

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Tensile Testing Machines exports accounted up to £15M and imports accounted up to £3.84M, resulting in a positive trade balance of £11.1M. Between August 2023 and August 2024 the exports of United Kingdom's   Tensile Testing Machines have decreased by £-2.28M (-13.2%) from £17.2M to £15M, while imports decreased by £-1.03M (-21.2%) from £4.87M to £3.84M.

Destinations In August 2024, Tensile Testing Machines were exported mostly to United States (£3.77M), China (£894k), Australia (£750k), Singapore (£721k), and France (£668k), and were imported mostly from United States (£1.35M), Germany (£886k), Netherlands (£318k), China (£295k), and France (£272k).

Growth In August 2024, the decrease in Tensile Testing Machines's year-by-year exports was explained primarily by a decrease in exports to Belgium (£-398k or -96.5%), Austria (£-233k or -93.7%), and Hong Kong (£-181k or -27.3%). In August 2024, the decrease in Tensile Testing Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (£-455k or -51.6%), Canada (£-176k or -89.1%), and Turkey (£-72.8k or -98.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-2.28M(-13.2%)
IMPORT GROWTH (August 2023 - August 2024)£-1.03M(-21.2%)
MAIN EXPORTER (August 2024)London Heathrow Airport£6.06M
MAIN DESTINATION (August 2024)United States£3.77M

This section shows Tensile Testing Machines'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 Tensile Testing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$230M
IMPORTS (2022)$79M
NET TRADE (2022)$151M

In 2022, United Kingdom exported $230M in Tensile Testing Machines. The main destinations of United Kingdom exports on Tensile Testing Machines were United States ($44.2M), China ($30.4M), Germany ($14.2M), France ($11M), and Hong Kong ($8.59M).

In 2022, United Kingdom imported $79M in Tensile Testing Machines, mainly from United States ($28.3M), Germany ($14.1M), China ($7.11M), United Kingdom ($4.48M), and Italy ($4.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$4.98M (12.7%)
Romania$4.02M (394%)
United Kingdom$2.27M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY United Kingdom WERE (2021 - 2022):
China-$3.22M (-9.59%)
Poland-$3.13M (-63.3%)
Russia-$1.85M (-86.7%)
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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 Tensile Testing Machines were:
United States $633M
Germany $397M
In 2022, United Kingdom's main importing competitors in Tensile Testing Machines were:
China $408M
United States $239M
Germany $162M

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Trade Value of Tensile Testing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.76M
TOP IMPORT POTENTIALGermany+ $3.02M

Tensile Testing Machines’s highest export potential is China. With an export gap of $3.76M.   Tensile Testing Machines’s highest import potential is Germany with an import gap of $3.02M.

See methodology.

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