Overview In January 2023 United Kingdom's Paintings exports accounted up to £170M and imports accounted up to £57.6M, resulting in a positive trade balance of £112M. Between January 2022 and January 2023 the exports of United Kingdom's Paintings have increased by £30.5M (21.9%) from £139M to £170M, while imports decreased by £-39.8M (-40.9%) from £97.4M to £57.6M.
Destinations In January 2023, Paintings were exported mostly to United States (£79.8M), Germany (£45.6M), Switzerland (£10.3M), France (£5.59M), and Hong Kong (£4.04M), and were imported mostly from United States (£21.8M), Belgium (£10.1M), France (£6.03M), Switzerland (£4.25M), and Netherlands (£2.89M).
Growth In January 2023, the increase in Paintings's year-by-year exports was explained primarily by an increase in exports to United States (£37.7M or 86%), South Korea (£8.39M or 396%), and Russia (£2.55M or 4.92k%). In January 2023, the decrease in Paintings's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-530k or -62.6%), India (£-221k or -69.8%), and China (£-176k or -38.2%).