Overview: In January 2021 Greenock exported £40.6M and imported £121M, resulting in a negative trade balance of £80.9M. Between January 2020 and January 2021 the exports of Greenock have increased by $21.4M (112%) from £19.2M to £40.6M, while imports decreased by £-66.2M (-35.3%) from £188M to £121M.
Trade: In January 2021, the top exports of Greenock were Hard Liquor (£19.4M), Refined Petroleum (£4.75M), Coal Tar Oil (£4.7M), Newsprint (£2.01M), and Scrap Copper (£1.95M). In January 2021 the top imports of Greenock were Crude Petroleum (£118M), Newsprint (£670k), Copper Pipe Fittings (£331k), Copper Pipes (£300k), and Awnings, Tents, and Sails (£292k).
Destinations: In January 2021, Greenock exported mostly to Mexico (£6.13M), Ireland (£5.61M), Netherlands (£4.7M), United States (£3.71M), and India (£3.69M), and imported mostly from Nigeria (£39.9M), Russia (£30.6M), World (£24.4M), United States (£23.4M), and China (£906k).
Growth: In January 2021, the increase in Greenock's year-by-year exports was explained primarily by an increase in exports to Mexico (£5.9M or 2.61k%), India (£3.55M or 2.62k%), and Australia (£1.79M or 368%), and product exports increase in Hard Liquor (£8.23M or 73.6%), Scrap Copper (£1.2M or 160%), and Recovered Paper (£870k or 431%). In January 2021, the decrease in Greenock's year-by-year imports was explained primarily by an decrease in imports from Nigeria (£-61.5M or -60.7%), United States (£-16.2M or -40.9%), and Russia (£-10.4M or -25.3%), and product imports decrease in Crude Petroleum (£-63.8M or -35.1%), Awnings, Tents, and Sails (£-837k or -74.1%), and Trunks and Cases (£-376k or -85.4%).