Overview In January 2023 United Kingdom's Drafting Tools exports accounted up to £3.59M and imports accounted up to £4.24M, resulting in a negative trade balance of £643k. Between January 2022 and January 2023 the exports of United Kingdom's Drafting Tools have increased by £712k (24.7%) from £2.88M to £3.59M, while imports decreased by £-1.01M (-19.2%) from £5.24M to £4.24M.
Destinations In January 2023, Drafting Tools were exported mostly to United States (£705k), Ireland (£410k), Germany (£337k), Singapore (£216k), and United Arab Emirates (£206k), and were imported mostly from China (£1.27M), Germany (£481k), United States (£465k), Netherlands (£405k), and France (£396k).
Growth In January 2023, the increase in Drafting Tools's year-by-year exports was explained primarily by an increase in exports to Germany (£240k or 155%), Singapore (£209k or 174%), and France (£134k or 166%). In January 2023, the decrease in Drafting Tools's year-by-year imports was explained primarily by a decrease in imports from United States (£-275k or -46.4%), Germany (£-99.8k or -16.1%), and Poland (£-44.3k or -87.8%).