Overview In January 2023 United Kingdom's Rubber Tires exports accounted up to £30.6M and imports accounted up to £200M, resulting in a negative trade balance of £169M. Between January 2022 and January 2023 the exports of United Kingdom's Rubber Tires have increased by £11.6M (61.2%) from £19M to £30.6M, while imports decreased by £-13.7M (-6.41%) from £214M to £200M.
Destinations In January 2023, Rubber Tires were exported mostly to United States (£5.94M), Ireland (£5.46M), Germany (£3.37M), Netherlands (£2.59M), and Slovakia (£2.09M), and were imported mostly from China (£42.5M), Germany (£18.1M), France (£18M), Belgium (£17.7M), and South Korea (£9.82M).
Growth In January 2023, the increase in Rubber Tires's year-by-year exports was explained primarily by an increase in exports to Ireland (£3.11M or 378%), Netherlands (£1.57M or 413%), and Slovakia (£527k or 968%). In January 2023, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from Germany (£-7.3M or -32.4%), Slovakia (£-3.76M or -60.1%), and Poland (£-1.77M or -26.3%).