Overview: In January 2021 Immingham exported £668M and imported £404M, resulting in a positive trade balance of £263M. Between January 2020 and January 2021 the exports of Immingham have increased by $320M (91.8%) from £348M to £668M, while imports decreased by £-206M (-33.8%) from £610M to £404M.
Trade: In January 2021, the top exports of Immingham were Cars (£130M), Refined Petroleum (£75.4M), Vehicle Parts (£19.5M), Coal Tar Oil (£18.6M), and Packaged Medicaments (£18.5M). In January 2021 the top imports of Immingham were Crude Petroleum (£128M), Fuel Wood (£52.6M), Fish Fillets (£20.9M), Non-fillet Fresh Fish (£20.6M), and Iron Ore (£19.2M).
Destinations: In January 2021, Immingham exported mostly to Germany (£135M), Sweden (£106M), Netherlands (£92M), Norway (£79.5M), and Denmark (£55M), and imported mostly from Norway (£86.5M), World (£72.9M), Russia (£62M), United States (£59.5M), and Iceland (£15.2M).
Growth: In January 2021, the increase in Immingham's year-by-year exports was explained primarily by an increase in exports to Brazil (£4.63M or 11.1k%), Namibia (£1.32M or 507%), and Faroe Islands (£868k or 320%), and product exports increase in Cars (£109M or 508%), Vehicle Parts (£18.4M or 1.71k%), and Large Construction Vehicles (£14M or 775%). In January 2021, the decrease in Immingham's year-by-year imports was explained primarily by an decrease in imports from World (£-101M or -58%), Russia (£-62.6M or -50.3%), and Turkey (£-41M or -95.5%), and product imports decrease in Crude Petroleum (£-208M or -62%), Fuel Wood (£-12M or -18.5%), and Petroleum Gas (£-6.67M or -81.1%).