Overview In June 2021 United Kingdom exported £213M and imported £1.78B from Russia, resulting in a negative trade balance of £1.56B. Between June 2020 and June 2021 the exports of United Kingdom have increased by £45.7M (27.2%) from £168M to £213M, while imports increased by £151M (9.29%) from £1.62B to £1.78B.
Trade In June 2021, the top exports of United Kingdom to Russia were Special Purpose Ships (£18.5M), Cars (£15.6M), Packaged Medicaments (£13.8M), Large Construction Vehicles (£7.56M), and Gas Turbines (£6.04M). In June 2021 the top imports of United Kingdom from Russia were Gold (£1.15B), Crude Petroleum (£157M), Platinum (£156M), Refined Petroleum (£144M), and Petroleum Gas (£59.7M).
Origins In June 2021 the exports of United Kingdom were mainly from Dover (£55.9M), London Heathrow Airport (£26.4M), London (£19.7M), Middlesbrough (£18.8M), and Dundee (£18.5M), while imports destinations were mainly London Heathrow Airport (£1.32B), Southampton (£76.4M), Medway (£72M), Immingham (£54.6M), and Thamesport (£53.7M).
Growth In June 2021, the increase in United Kingdom's year-by-year exports to Russia was explained primarily by an increase in product exports in Large Construction Vehicles (£5.4M or 250%), Air Pumps (£4.4M or 533%), and Scrap Copper (£4.32M or 1.07k%). In June 2021, the increase in United Kingdom's year-by-year imports from Russia was explained primarily by an increase in product imports in Crude Petroleum (£108M or 223%), Refined Petroleum (£81.7M or 130%), and Petroleum Gas (£51.8M or 658%).