Liverpool

Overview In January 2024 Liverpool exported £831M and imported £1.53B, resulting in a negative trade balance of £700M. Between January 2023 and January 2024 the exports of Liverpool have increased by $10.1M (1.23%) from £821M to £831M, while imports decreased by £-350M (-18.6%) from £1.88B to £1.53B.

Trade In January 2024, the top exports of Liverpool were Scrap Iron (£49M), Combustion Engines (£37.1M), Aircraft parts including unmanned craft (£30.9M), Fork-Lifts (£30.5M), and Packaged Medicaments (£27.7M). In January 2024 the top imports of Liverpool were Crude Petroleum (£271M), Commodities not elsewhere specified (£140M), Precious Metal Scraps (£47.3M), Fuel Wood (£47M), and Soybeans (£45.1M).

Destinations In January 2024, Liverpool exported mostly to United States (£332M), Ireland (£261M), Canada (£104M), Netherlands (£26.3M), and Turkey (£20.9M), and imported mostly from United States (£480M), Ireland (£191M), Canada (£151M), Spain (£91.1M), and Turkey (£75.8M).

Growth In January 2024, the increase in Liverpool's year-by-year exports was explained primarily by an increase in exports to Ireland (£105M or 43%), Spain (£16M or 44.7%), and Netherlands (£12.6M or 821%), and product exports increase in Commodities not elsewhere specified (£23.8M or 95.6%), Cars (£18.4M or 41.9%), and Combustion Engines (£17.3M or 141%). In January 2024, the decrease in Liverpool's year-by-year imports was explained primarily by an decrease in imports from China (£-61.4M or -56.9%), South Korea (£-23.8M or -85.3%), and Taiwan (£-23.4M or -92.6%), and product imports decrease in Coated Flat-Rolled Iron (£-30.6M or -63.6%), Cocoa Beans (£-18.3M or -53.2%), and Iron Structures (£-15.6M or -83.8%).