Overview In November 2022, United Kingdom exported £412M and imported £177M from Australia, resulting in a positive trade balance of £234M. Between November 2021 and November 2022 the exports of United Kingdom have increased by £80.5M (24.3%) from £331M to £412M, while imports decreased by £-3.09M (-1.71%) from £180M to £177M.
Trade In November 2022, the top exports of United Kingdom to Australia were Cars (£38.2M), Hormones (£19.6M), Valves (£16.6M), Gas Turbines (£15.1M), and Platinum (£12.3M). In November 2022 the top imports of United Kingdom from Australia were Gold (£430M), Raw Lead (£24.5M), Rapeseed (£22.7M), Wine (£17.6M), and Coal Briquettes (£14.4M).
Origins In November 2022 the exports of United Kingdom were mainly from London Heathrow Airport (£108M), Southampton (£96.6M), London Gateway (£72.7M), Felixstowe (£31.8M), and East Midlands Airport (£22.8M), while imports destinations were mainly London Heathrow Airport (£43M), London (£27.5M), London Stansted Airport (£21.7M), and London Gateway (£17.4M).
Growth In November 2022, the increase in United Kingdom's year-by-year exports to Australia was explained primarily by an increase in product exports in Cars (£13.8M or 56.2%), Platinum (£11.9M or 3.14k%), and Hormones (£9.57M or 95.3%). In November 2022, the decrease in United Kingdom's year-by-year imports from Australia was explained primarily by an decrease in product imports in Raw Nickel (£-2.52M or -90.3%), Computers (£-1.55M or -75.6%), and Unpackaged Medicaments (£-1.06M or -87.1%).