Overview: In June 2020 United Kingdom's Silicone exports accounted up to £24M and imports accounted up to £16.7M, resulting in a positive trade balance of £7.26M. Between June 2019 and June 2020 the exports of United Kingdom's Silicone have decreased by £-15.9M (-39.9%) from £39.9M to £24M, while imports decreased by £-834k (-4.75%) from £17.5M to £16.7M.
Destinations: In June 2020 Silicone exported mostly to Belgium (£8.24M), Germany (£2.54M), Angola (£2.29M), South Korea (£2.14M), and Italy (£1.59M), and imported mostly from Netherlands (£4.04M), United States (£3.55M), Germany (£2.92M), Belgium (£1.78M), and Japan (£1.42M).
Growth: In June 2020, the decrease in Silicone's year-by-year exports was explained primarily by a decrease in exports to Belgium (£-5.29M or -35.2%), Italy (£-927k or -40.9%), and France (£-794k or -56.4%). In June 2020, the decrease in Silicone's year-by-year imports was explained primarily by a decrease in imports from Germany (£-1.81M or -34.9%), France (£-1.07M or -47.9%), and South Korea (£-741k or -76.2%).