Overview: In January 2021 Inland Clearance exported £1.37B and imported £382M, resulting in a positive trade balance of £989M. Between January 2020 and January 2021 the exports of Inland Clearance have increased by $161M (13.3%) from £1.21B to £1.37B, while imports increased by £26.7M (7.52%) from £355M to £382M.
Trade: In January 2021, the top exports of Inland Clearance were Cars (£205M), Hard Liquor (£167M), Aircraft Parts (£154M), Combustion Engines (£104M), and Paintings (£91.9M). In January 2021 the top imports of Inland Clearance were Insulated Wire (£37.4M), Packaged Medicaments (£36.5M), Blood, antisera, vaccines, toxins and cultures (£30.9M), Gas Turbines (£11.6M), and Tomatoes (£10.3M).
Destinations: In January 2021, Inland Clearance exported mostly to Germany (£217M), Switzerland (£181M), United States (£170M), Turkey (£114M), and France (£89.4M), and imported mostly from Switzerland (£157M), Turkey (£97.3M), Morocco (£51.9M), Serbia (£15.3M), and China (£13.9M).
Growth: In January 2021, the increase in Inland Clearance's year-by-year exports was explained primarily by an increase in exports to Turkey (£9.36M or 8.92%), China (£8.3M or 102%), and Israel (£7.83M or 275%), and product exports increase in Cars (£152M or 288%), Aircraft Parts (£143M or 1.35k%), and Paintings (£82.1M or 832%). In January 2021, the increase in Inland Clearance's year-by-year imports was explained primarily by an increase in imports from Morocco (£31.6M or 155%), Turkey (£24.4M or 33.5%), and China (£5.12M or 58.3%), and product imports increase in Insulated Wire (£22.6M or 154%), Other Fruits (£4.66M or 462%), and Tomatoes (£4.16M or 68.1%).