Overview In November 2022 United Kingdom's Gold exports accounted up to £7.68B and imports accounted up to £2.64B, resulting in a positive trade balance of £5.04B. Between November 2021 and November 2022 the exports of United Kingdom's Gold have increased by £6.34B (474%) from £1.34B to £7.68B, while imports decreased by £-208M (-7.29%) from £2.85B to £2.64B.
Destinations In November 2022, Gold were exported mostly to Switzerland (£3.11B), China (£2.71B), Hong Kong (£1.27B), United Arab Emirates (£254M), and Germany (£123M), and were imported mostly from Canada (£897M), United States (£523M), Uzbekistan (£505M), Germany (£204M), and Spain (£149M).
Growth In November 2022, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to Switzerland (£765M or 594%), Spain (£16.6M or 528k%), and United Arab Emirates (£14.8M or 12.8%). In November 2022, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from Japan (£-220M or -74.3%), South Africa (£-78.5M or -19.9%), and Hong Kong (£-59.7M or -23.4%).