Overview: In August 2020 United Kingdom's Telephones exports accounted up to £250M and imports accounted up to £1.07B, resulting in a negative trade balance of £822M. Between August 2019 and August 2020 the exports of United Kingdom's Telephones have decreased by £-33.5M (-11.8%) from £284M to £250M, while imports decreased by £-119M (-9.97%) from £1.19B to £1.07B.
Destinations: In August 2020 Telephones exported mostly to Ireland (£41.2M), Germany (£29.9M), United States (£23.4M), France (£17.9M), and Netherlands (£17.7M), and imported mostly from China (£396M), Netherlands (£200M), Vietnam (£136M), Hong Kong (£73.6M), and United States (£49M).
Growth: In August 2020, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-9.78M or -19.2%), Hong Kong (£-9.18M or -54.6%), and United Arab Emirates (£-4.77M or -41.7%). In August 2020, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-34.7M or -14.8%), China (£-28.1M or -6.63%), and Vietnam (£-17.5M or -11.4%).