Overview In June 2021 United Kingdom's Gold exports accounted up to £2.28B and imports accounted up to £5.97B, resulting in a negative trade balance of £3.7B. Between June 2020 and June 2021 the exports of United Kingdom's Gold have increased by £1.04B (84.2%) from £1.24B to £2.28B, while imports decreased by £-578M (-8.83%) from £6.55B to £5.97B.
Destinations In June 2021, Gold were exported mostly to Hungary (£859M), Switzerland (£712M), Austria (£247M), Germany (£223M), and United Arab Emirates (£163M), and were imported mostly from Switzerland (£1.48B), Russia (£1.15B), Kazakhstan (£631M), United States (£613M), and Canada (£493M).
Growth In June 2021, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to Austria (£247M or 19.1M%), United Arab Emirates (£162M or 39.3k%), and Spain (£53.1M or 338%). In June 2021, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-1.03B or -94.7%), Australia (£-768M or -75.5%), and Canada (£-474M or -49%).