Overview In March 2023 United Kingdom's Iron & steel exports accounted up to £664M and imports accounted up to £473M, resulting in a positive trade balance of £191M. Between March 2022 and March 2023 the exports of United Kingdom's Iron & steel have decreased by £-98.4M (-12.9%) from £763M to £664M, while imports decreased by £-140M (-22.8%) from £613M to £473M.
Destinations In March 2023, Iron & steel were exported mostly to Turkey (£87.8M), Netherlands (£52.7M), India (£52.6M), Spain (£46.7M), and Egypt (£46.5M), and were imported mostly from N/A.
Growth In March 2023, the decrease in Iron & steel's year-by-year exports was explained primarily by a decrease in exports to Brazil (£-6.79M or -72.9%), India (£-4.34M or -40.1%), and Malaysia (£-4.05M or -81.8%). In March 2023, the decrease in Iron & steel's year-by-year imports was explained primarily by a decrease in imports from Ireland (£-2.55M or -27.9%), Algeria (£-2.51M or -55.4%), and South Africa (£-1.88M or -50.9%).