Belfast

Overview In January 2024 Belfast exported £118M and imported £236M, resulting in a negative trade balance of £117M. Between January 2023 and January 2024 the exports of Belfast have increased by $39.3M (49.9%) from £78.8M to £118M, while imports increased by £40.5M (20.8%) from £195M to £236M.

Trade In January 2024, the top exports of Belfast were Coal Briquettes (£12.5M), Beer (£8.86M), Seats (£6.11M), Malt Extract (£6.02M), and Stone Processing Machines (£5.99M). In January 2024 the top imports of Belfast were Soybean Meal (£21.9M), Refined Petroleum (£15.7M), Unpackaged Medicaments (£13.2M), Corn (£10.7M), and Electric Batteries (£9.32M).

Destinations In January 2024, Belfast exported mostly to United States (£38.4M), Saudi Arabia (£10M), China (£8.77M), Australia (£6.91M), and Norway (£5.84M), and imported mostly from United States (£52.1M), China (£47.4M), Argentina (£28.4M), Angola (£15.7M), and Canada (£14.6M).

Growth In January 2024, the increase in Belfast's year-by-year exports was explained primarily by an increase in exports to United States (£6.93M or 50.5%), Iceland (£2.61M or 288%), and Canada (£1.84M or 165%), and product exports increase in Coal Briquettes (£5.8M or 107%), Edible Offal (£4.09M or 398%), and Stone Processing Machines (£1.9M or 89%). In January 2024, the increase in Belfast's year-by-year imports was explained primarily by an increase in imports from United States (£17.5M or 56.6%), Argentina (£14.4M or 16.4k%), and Norway (£7.71M or 243%), and product imports increase in Soybean Meal (£11.3M or 385%), Polyamides (£9.18M or 335%), and Mixed Mineral or Chemical Fertilizers (£7.2M or 472%).