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2022
Exports $92MWorld Rnk 7 / 147
Flag Rnk 419 / 1216
2022
Destination $2.21M United States
2021 - 2022
FASTEST GROWING MARKET $2.21MChina
2022
PRODUCT COMPLEXITY IN Microscopes0.99Rnk 175 / 1025
2022
Imports $127MWorld Rnk 5 / 208
Flag Rnk 544 / 1214
2022
Origin $14.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.8MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $92M in Microscopes, making it the 7th largest exporter of Microscopes in the world. At the same year, Microscopes was the 419th most exported product in United Kingdom. The main destination of Microscopes exports from United Kingdom are: United States ($20.7M), Germany ($17.7M), China ($7.05M), France ($4.86M), and Ireland ($4.76M).

The fastest growing export markets for Microscopes of United Kingdom between 2021 and 2022 were China ($2.21M), Ireland ($1.99M), and Netherlands ($1.31M).

Imports In 2022, United Kingdom imported $127M in Microscopes, becoming the 5th largest importer of Microscopes in the world. At the same year, Microscopes was the 544th most imported product in United Kingdom. United Kingdom imports Microscopes primarily from: Germany ($52.9M), United States ($18.5M), Singapore ($11.3M), Netherlands ($10.9M), and China ($7.47M).

The fastest growing import markets in Microscopes for United Kingdom between 2021 and 2022 were Germany ($14.8M), Singapore ($6.91M), and United States ($5.83M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Microscopes exports accounted up to £10.9M and imports accounted up to £12.1M, resulting in a negative trade balance of £1.22M. Between June 2023 and June 2024 the exports of United Kingdom's   Microscopes have increased by £3.72M (52.1%) from £7.13M to £10.9M, while imports increased by £798k (7.08%) from £11.3M to £12.1M.

Destinations In June 2024, Microscopes were exported mostly to Germany (£3.73M), United States (£2.7M), Netherlands (£655k), France (£559k), and China (£448k), and were imported mostly from Germany (£6.2M), Netherlands (£2.35M), Hungary (£1.56M), United States (£601k), and China (£299k).

Growth In June 2024, the increase in Microscopes's year-by-year exports was explained primarily by an increase in exports to Rest of the world (£673k or 37.8%), Netherlands (£257k or 1.34k%), and Italy (£91.6k or 120%). In June 2024, the increase in Microscopes's year-by-year imports was explained primarily by an increase in imports from Germany (£1.77M or 104%), France (£645k or 4.25k%), and Singapore (£134k or 27.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£3.72M(52.1%)
IMPORT GROWTH (June 2023 - June 2024)£798k(7.08%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£3.88M
MAIN DESTINATION (June 2024)Germany£3.73M

This section shows Microscopes'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 Microscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$92M
IMPORTS (2022)$127M
NET TRADE (2022)-$34.8M

In 2022, United Kingdom exported $92M in Microscopes. The main destinations of United Kingdom exports on Microscopes were United States ($20.7M), Germany ($17.7M), China ($7.05M), France ($4.86M), and Ireland ($4.76M).

In 2022, United Kingdom imported $127M in Microscopes, mainly from Germany ($52.9M), United States ($18.5M), Singapore ($11.3M), Netherlands ($10.9M), and China ($7.47M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Microscopes EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
China$2.21M (45.6%)
Ireland$1.99M (72%)
Netherlands$1.31M (52.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microscopes BY United Kingdom WERE (2021 - 2022):
United States-$2.19M (-9.58%)
United Kingdom-$1.26M (-29.3%)
Switzerland-$1.25M (-42.3%)
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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 Microscopes were:
Germany $1.15B
China $479M
Japan $414M
In 2022, United Kingdom's main importing competitors in Microscopes were:
United States $631M
China $477M
Germany $362M

Explore Visualizations

Trade Value of Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.69M
TOP IMPORT POTENTIALChina+ $4.21M

Microscopes’s highest export potential is United States. With an export gap of $3.69M.   Microscopes’s highest import potential is China with an import gap of $4.21M.

See methodology.

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