Overview: In May 2020 United Kingdom's Gaskets exports accounted up to £25.8M and imports accounted up to £11.7M, resulting in a positive trade balance of £14M. Between May 2019 and May 2020 the exports of United Kingdom's Gaskets have decreased by £-4.24M (-14.1%) from £30M to £25.8M, while imports decreased by £-14.3M (-54.9%) from £26M to £11.7M.
Destinations: In May 2020 Gaskets exported mostly to China (£3.31M), United States (£3.05M), Italy (£1.2M), Germany (£1.16M), and India (£1.15M), and imported mostly from United States (£2.47M), Germany (£2.3M), China (£1.3M), Czechia (£1.25M), and Netherlands (£708k).
Growth: In May 2020, the decrease in Gaskets's year-by-year exports was explained primarily by a decrease in exports to United States (£-2.31M or -43.1%), Romania (£-1.19M or -83.3%), and Singapore (£-962k or -68.1%). In May 2020, the decrease in Gaskets's year-by-year imports was explained primarily by a decrease in imports from United States (£-7.43M or -75%), Germany (£-1.96M or -46%), and India (£-1.2M or -94.2%).