Felixstowe

Overview In January 2024 Felixstowe exported £765M and imported £3.34B, resulting in a negative trade balance of £2.58B. Between January 2023 and January 2024 the exports of Felixstowe have increased by $53.9M (7.58%) from £711M to £765M, while imports decreased by £-407M (-10.8%) from £3.75B to £3.34B.

Trade In January 2024, the top exports of Felixstowe were Scrap Copper (£46.2M), Packaged Medicaments (£29.5M), Scrap Aluminium (£29M), Gas Turbines (£27.6M), and Recovered Paper (£25.5M). In January 2024 the top imports of Felixstowe were Other Furniture (£88.6M), Electric Batteries (£69.7M), Motor vehicles; parts and accessories (8701... (£65.4M), Computers (£64M), and Insulated Wire (£58.3M).

Destinations In January 2024, Felixstowe exported mostly to China (£160M), Netherlands (£69.1M), United States (£66M), Turkey (£41.3M), and Singapore (£41M), and imported mostly from China (£1.63B), Turkey (£292M), Netherlands (£246M), Germany (£193M), and India (£119M).

Growth In January 2024, the increase in Felixstowe's year-by-year exports was explained primarily by an increase in exports to China (£37.1M or 30.7%), India (£23.2M or 70.5%), and Japan (£15.3M or 124%), and product exports increase in Ketones and Quinones (£21.6M or 2.72k%), Nitrogen Heterocyclic Compounds (£15.9M or 180%), and Motor vehicles; parts and accessories (8701... (£10.3M or 153%). In January 2024, the decrease in Felixstowe's year-by-year imports was explained primarily by an decrease in imports from China (£-569M or -23.5%), Hong Kong (£-61.9M or -49.2%), and Taiwan (£-48.8M or -43%), and product imports decrease in Other Furniture (£-62.4M or -41.9%), Seats (£-61.4M or -53.7%), and Rubber Apparel (£-43.8M or -80.2%).