Overview: In January 2021 London Gateway exported £895M and imported £771M, resulting in a positive trade balance of £124M. Between January 2020 and January 2021 the exports of London Gateway have increased by $88.5M (11%) from £807M to £895M, while imports increased by £187M (32.1%) from £584M to £771M.
Trade: In January 2021, the top exports of London Gateway were Packaged Medicaments (£26.9M), Cars (£26.2M), Spark-Ignition Engines (£20.9M), Vehicle Parts (£20.2M), and Lifting Machinery (£15.5M). In January 2021 the top imports of London Gateway were Grapes (£48.2M), Wine (£34.1M), Insulated Wire (£28.5M), Reaction and Catalytic Products (£22.3M), and Precious Metal Scraps (£22M).
Destinations: In January 2021, London Gateway exported mostly to United States (£258M), India (£72.7M), United Arab Emirates (£64.8M), Brazil (£54M), and Australia (£46.3M), and imported mostly from United States (£151M), China (£94.1M), India (£68.8M), Turkey (£64.1M), and South Africa (£61.7M).
Growth: In January 2021, the increase in London Gateway's year-by-year exports was explained primarily by an increase in exports to India (£33.5M or 85.4%), United States (£26.7M or 11.6%), and Brazil (£10.4M or 24%), and product exports increase in Recovered Paper (£9.27M or 238%), Excavation Machinery (£7.9M or 134%), and Pulley Systems (£7.73M or 3.83k%). In January 2021, the increase in London Gateway's year-by-year imports was explained primarily by an increase in imports from China (£61.7M or 191%), United States (£42.1M or 38.8%), and India (£32.2M or 87.8%), and product imports increase in Reaction and Catalytic Products (£20.8M or 1.41k%), Packaged Medicaments (£13M or 294%), and Computers (£10.5M or 148%).