Overview: In May 2020 United Kingdom's Electric Furnaces exports accounted up to £5.17M and imports accounted up to £2.05M, resulting in a positive trade balance of £3.13M. Between May 2019 and May 2020 the exports of United Kingdom's Electric Furnaces have decreased by £-5.15M (-49.9%) from £10.3M to £5.17M, while imports decreased by £-2.93M (-58.9%) from £4.98M to £2.05M.
Destinations: In May 2020 Electric Furnaces exported mostly to Indonesia (£1.15M), United States (£741k), India (£560k), Germany (£526k), and Saudi Arabia (£273k), and imported mostly from Germany (£562k), United States (£409k), China (£374k), Japan (£186k), and Thailand (£128k).
Growth: In May 2020, the decrease in Electric Furnaces's year-by-year exports was explained primarily by a decrease in exports to Germany (£-1.76M or -77%), South Korea (£-1.27M or -96.8%), and Canada (£-1.1M or -92.3%). In May 2020, the decrease in Electric Furnaces's year-by-year imports was explained primarily by a decrease in imports from Thailand (£-648k or -83.5%), United States (£-563k or -57.9%), and Netherlands (£-435k or -95.7%).