Overview: In April 2021 London exported £337M and imported £750M, resulting in a negative trade balance of £413M. Between April 2020 and April 2021 the exports of London have increased by $258M (326%) from £79M to £337M, while imports increased by £479M (177%) from £271M to £750M.
Trade: In April 2021, the top exports of London were Scrap Iron (£24.2M), Cleaning Products (£14.3M), Large Construction Vehicles (£13M), Cars (£12.7M), and Shaving Products (£9.47M). In April 2021 the top imports of London were Silver (£208M), Refined Petroleum (£66.9M), Precious Metal Scraps (£48.9M), Delivery Trucks (£46.8M), and Raw Lead (£30.9M).
Destinations: In April 2021, London exported mostly to Germany (£46.7M), Russia (£31.5M), Belgium (£30.9M), Netherlands (£24M), and Turkey (£23.9M), and imported mostly from China (£173M), United States (£97.4M), India (£91.6M), Turkey (£64.1M), and United Arab Emirates (£40.4M).
Growth: In April 2021, the increase in London's year-by-year exports was explained primarily by an increase in exports to Russia (£18.2M or 137%), Nigeria (£9.7M or 148%), and United States (£8.5M or 607%), and product exports increase in Cleaning Products (£12.8M or 835%), Large Construction Vehicles (£12.2M or 1.73k%), and Shaving Products (£8.87M or 1.47k%). In April 2021, the increase in London's year-by-year imports was explained primarily by an increase in imports from China (£156M or 946%), India (£82.6M or 922%), and Turkey (£57.5M or 867%), and product imports increase in Silver (£208M or 105k%), Refined Petroleum (£59.4M or 787%), and Rubber Apparel (£18.5M or 50k%).