Overview In January 2024 United Kingdom's Commodities not elsewhere specified exports accounted up to £1.57B and imports accounted up to £2.25B, resulting in a negative trade balance of £679M. Between January 2023 and January 2024 the exports of United Kingdom's Commodities not elsewhere specified have decreased by £-71.9M (-4.38%) from £1.64B to £1.57B, while imports increased by £134M (6.35%) from £2.11B to £2.25B.
Destinations In January 2024, Commodities not elsewhere specified were exported mostly to Unknown (£645M), Rest of the world (£460M), Spain (£71.5M), France (£54.8M), and United States (£39.3M), and were imported mostly from Unknown (£924M), Rest of the world (£786M), Canada (£93.6M), United States (£81.7M), and Germany (£80.6M).
Growth In January 2024, the decrease in Commodities not elsewhere specified's year-by-year exports was explained primarily by a decrease in exports to Rest of the world (£-427M or -49.4%), India (£-62.6M or -94.1%), and Belgium (£-18M or -49.5%). In January 2024, the increase in Commodities not elsewhere specified's year-by-year imports was explained primarily by an increase in imports from Rest of the world (£182M or 41%), Unknown (£168M or 23.4%), and Canada (£119M or 1.36k%).