Overview In October 2022 United Kingdom's Silver exports accounted up to £486M and imports accounted up to £158M, resulting in a positive trade balance of £327M. Between October 2021 and October 2022 the exports of United Kingdom's Silver have increased by £114M (30.5%) from £372M to £486M, while imports increased by £33.6M (27%) from £125M to £158M.
Destinations In October 2022, Silver were exported mostly to India (£222M), Switzerland (£73M), Turkey (£60.2M), Germany (£39.2M), and Italy (£37.5M), and were imported mostly from Canada (£41.9M), Poland (£22.8M), Kazakhstan (£21.9M), Spain (£16.4M), and Switzerland (£12.2M).
Growth In October 2022, the increase in Silver's year-by-year exports was explained primarily by an increase in exports to Canada (£92.1M or 1.17k%), Switzerland (£32.1M or 693%), and France (£30.6k or 3.14%). In October 2022, the increase in Silver's year-by-year imports was explained primarily by an increase in imports from China (£258M or 1.52M%), India (£42.3M or 480k%), and Russia (£12.9M or 257%).