Overview: In January 2021 Birmingham Airport exported £217M and imported £74.9M, resulting in a positive trade balance of £142M. Between January 2020 and January 2021 the exports of Birmingham Airport have increased by $116M (115%) from £101M to £217M, while imports decreased by £-14.8M (-16.5%) from £89.7M to £74.9M.
Trade: In January 2021, the top exports of Birmingham Airport were Platinum (£95.5M), Precious Metal Compounds (£34.3M), Aircraft Parts (£7.02M), Commodities not elsewhere specified (£5.57M), and Vehicle Parts (£4.93M). In January 2021 the top imports of Birmingham Airport were Planes, Helicopters, and/or Spacecraft (£27.7M), Medical Instruments (£4.35M), Precious Metal Scraps (£2.48M), Vehicle Parts (£1.63M), and Insulated Wire (£1.39M).
Destinations: In January 2021, Birmingham Airport exported mostly to North Macedonia (£129M), Germany (£15M), United States (£9.89M), Italy (£7.15M), and France (£7.08M), and imported mostly from United States (£37.6M), China (£10.5M), Turkey (£4.06M), Hong Kong (£3.22M), and Taiwan (£2.98M).
Growth: In January 2021, the increase in Birmingham Airport's year-by-year exports was explained primarily by an increase in exports to North Macedonia (£72M or 126%), Bangladesh (£4.96M or 4.52k%), and United States (£4.01M or 68.1%), and product exports increase in Platinum (£46.6M or 95.2%), Precious Metal Compounds (£25.8M or 308%), and Aircraft Parts (£5.76M or 456%). In January 2021, the decrease in Birmingham Airport's year-by-year imports was explained primarily by an decrease in imports from China (£-9.38M or -47.2%), Singapore (£-4.08M or -85.6%), and United Arab Emirates (£-3.41M or -91.1%), and product imports decrease in Gas Turbines (£-5.36M or -83.6%), Office Machine Parts (£-4.73M or -97.6%), and Valves (£-3.21M or -74%).