2022
Exports
$107MWorld Rnk 6 / 187
Flag Rnk 395 / 1216
falsefalse United States
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$88.8MWorld Rnk 9 / 220
Flag Rnk 617 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $107M in Opto-Electric Instrument Parts, making it the 6th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 395th most exported product in United Kingdom. The main destination of Opto-Electric Instrument Parts exports from United Kingdom are: United States ($20.5M), Germany ($10.2M), Netherlands ($9.83M), France ($5.39M), and Lithuania ($5.2M).

Imports In 2022, United Kingdom imported $88.8M in Opto-Electric Instrument Parts, becoming the 9th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 617th most imported product in United Kingdom. United Kingdom imports Opto-Electric Instrument Parts primarily from: United States ($16.8M), Germany ($16.5M), Netherlands ($7.51M), Romania ($5.56M), and China ($5.49M).

The fastest growing import markets in Opto-Electric Instrument Parts for United Kingdom between 2021 and 2022 were United States ($7.87M), Romania ($2.81M), and Belgium ($2.19M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£860k(13.4%)
IMPORT GROWTH (June 2023 - June 2024)£-16k(-0.24%)
MAIN EXPORTER (June 2024)East Midlands Airport£1.88M
MAIN DESTINATION (June 2024)United States£1.54M

This section shows Opto-Electric Instrument Parts'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 Opto-Electric Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$107M
IMPORTS (2022)$88.8M
NET TRADE (2022)$17.8M

In 2022, United Kingdom exported $107M in Opto-Electric Instrument Parts. The main destinations of United Kingdom exports on Opto-Electric Instrument Parts were United States ($20.5M), Germany ($10.2M), Netherlands ($9.83M), France ($5.39M), and Lithuania ($5.2M).

In 2022, United Kingdom imported $88.8M in Opto-Electric Instrument Parts, mainly from United States ($16.8M), Germany ($16.5M), Netherlands ($7.51M), Romania ($5.56M), and China ($5.49M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, United Kingdom's main importing competitors in Opto-Electric Instrument Parts were:

Explore Visualizations

Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.76M
N/AN/AN/A

Opto-Electric Instrument Parts’s highest export potential is Germany. With an export gap of $3.76M.   Opto-Electric Instrument Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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