Overview: In January 2021 Middlesbrough exported £341M and imported £409M, resulting in a negative trade balance of £68M. Between January 2020 and January 2021 the exports of Middlesbrough have increased by $214M (168%) from £127M to £341M, while imports decreased by £-76.8M (-15.8%) from £486M to £409M.
Trade: In January 2021, the top exports of Middlesbrough were Crude Petroleum (£159M), Petroleum Gas (£18.4M), Commodities not elsewhere specified (£15.7M), Amine Compounds (£15M), and Biodiesel and mixtures thereof (£12.1M). In January 2021 the top imports of Middlesbrough were Crude Petroleum (£277M), Refined Petroleum (£27M), Halogenated Hydrocarbons (£10.8M), Inedible Fats and Oils (£8.51M), and Corn (£7.08M).
Destinations: In January 2021, Middlesbrough exported mostly to Netherlands (£203M), Belgium (£18.2M), Canada (£16.7M), Russia (£12.9M), and Germany (£10.9M), and imported mostly from World (£278M), Russia (£30.8M), China (£25.6M), Norway (£15.8M), and Turkey (£7.98M).
Growth: In January 2021, the increase in Middlesbrough's year-by-year exports was explained primarily by an increase in exports to Canada (£14M or 509%), China (£3.29M or 296%), and Egypt (£2.39M or 19.7k%), and product exports increase in Crude Petroleum (£91.5M or 135%), Petroleum Gas (£16.8M or 1.07k%), and Commodities not elsewhere specified (£15.4M or 6.34k%). In January 2021, the decrease in Middlesbrough's year-by-year imports was explained primarily by an decrease in imports from Saudi Arabia (£-27.5M or -94.7%), Argentina (£-10.5M or -79.4%), and United States (£-9.05M or -55.6%), and product imports decrease in Refined Petroleum (£-23.3M or -46.3%), Acyclic Hydrocarbons (£-9.31M or -96.2%), and Crude Petroleum (£-9.12M or -3.19%).