Overview: In April 2021 United Kingdom's Cars exports accounted up to £2.01B and imports accounted up to £1.75B, resulting in a positive trade balance of £258M. Between April 2020 and April 2021 the exports of United Kingdom's Cars have increased by £1.7B (538%) from £315M to £2.01B, while imports increased by £1.42B (432%) from £329M to £1.75B.
Destinations: In April 2021, Cars were exported mostly to United States (£385M), China (£325M), Germany (£144M), Belgium (£122M), and Italy (£92.4M), and were imported mostly from Germany (£843M), Belgium (£237M), South Korea (£138M), Spain (£77.6M), and Japan (£63.2M).
Growth: In April 2021, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to United States (£335M or 664%), China (£278M or 589%), and Germany (£123M or 570%). In April 2021, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Germany (£750M or 803%), Belgium (£147M or 164%), and South Korea (£138M or 44.7k%).